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A weakened Vladimir Putin is no use to Russia

As Ukrainian troops probe Russian defenses along the entire front and only the Wagner Group mercenaries continue a small-scale offensive operation in the Donetsk region, the initiative in the Russo-Ukrainian war is firmly in the hands of the invaded, not the invader. While that can still change, perhaps more than once, it’s a good moment to consider whether the man ...

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Will Wisconsin’s India trip be great?

The project is fantastical: A $19 billion investment into semiconductor and display-panel sectors, with the creation of 100,000 jobs in a state with little experience in technology manufacturing. If voters and taxpayers in India’s northwestern Gujarat state are excited about this “landmark investment” they ought to read up on recent Wisconsin history. The US state bought into a similar pipe ...

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RBA faces much bigger shock than inflation

  If ever there was a time for the best and brightest to make policy, the epic struggle underway against inflation might be a good one. Yet Australia’s central bank is shackled to an anachronistic personnel selection that has left it hostage to an era when little scrutiny was expected — or demanded. Some change is almost certainly coming, but ...

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