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We’ll miss globalisation certainly when it’s gone

  At the dawn of the 20th century, Norman Angell famously (or infamously) predicted that the era of global commercial integration had made great power conflict so costly and destructive as to be unthinkable. A few years later, the outbreak of World War I proved him right about the cost and destruction, but wrong about being unthinkable. The Great War ...

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Where did $6 trillion in Covid funding go?

  Corruption is “a cancer that eats away at a citizen’s faith in democracy,” said a certain vice president, back in 2014. Now commander in chief, Joe Biden must confront a corruption problem unfolding on his watch: the spiraling costs of misspent Covid funds. In recent court filings, the Federal Bureau of Investigation has described a “massive fraud scheme” in ...

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Unmanned Soviet-era drone from Ukraine raises Nato defense concerns

Bloomberg A six-ton unmanned reconnaissance drone that streaked across eastern Europe from war-ravaged Ukraine and crashed in the Croatian capital has raised awkward questions about Nato’s readiness to protect European airspace. Startled authorities are asking how none of the three North Atlantic Treaty Organization (Nato) member states — Romania, Hungary and Croatia — reacted as the Soviet-era Tu-141 traversed their ...

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