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One nation, increasingly fuelled by natural gas

  Justin Fox With each monthly data release from the Energy Information Administration (there was one last Tuesday) it gets a little clearer. Natural gas has overtaken coal as the main source of electrical power in the U.S.: Gas’s lead over coal will keep growing. Coal-fired generating capacity has fallen 15 percent in the past six years, according to the ...

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Social networks are now ready to take on TV

  After years of explosive growth that killed many a print publication, the online advertising market may be reaching maturity. To keep growing, the biggest ad sellers — such as Facebook and Twitter — will need to find ways to get more money out of existing advertisers, and that means it’s television’s turn to feel the squeeze, because the social ...

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India should rethink its new inflation target

  Any day now, India’s government is set to announce an official inflation target for the first time — a major step in the modernization of its economic institutions, particularly the central bank. The idea has been proposed and debated for years, including in a much-discussed 2008 report written for a previous Indian administration by Raghuram Rajan, now governor of ...

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