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Hard lessons from war in Ukraine are here

Now that Vladimir Putin’s war on Ukraine is more than 100 days old and Ukraine fatigue is setting in for most people, I’m finally able to think more or less rationally about a calamity that has turned my world, and that of many like-minded Russians, upside down — though in a much less traumatic way, of course, than it has ...

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TSMC may just be recession proof

It takes a lot of guts to spend $42 billion in a single year on factories and equipment just as global interest rates are rising and economies are slowing. Even Taiwan Semiconductor Manufacturing Co’s (TSMC) investors had started to doubt the world’s biggest chipmaker. But the company’s confidence was on display again when Chairman Mark Liu told shareholders it expects ...

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Japan’s blurred vision for future of capitalism

  The best political slogans are simple and direct: Think “It’s the economy, stupid,” or former UK leader Tony Blair’s “Tough on crime, tough on the causes of crime.” Japanese politicians don’t typically excel at these soundbites. That’s what made former Japanese Prime Minister Shinzo Abe’s “Three Arrows” of Abenomics such a standout — using a simple folk tale, it ...

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