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Francoise Hollande’s defeat of Americain Nicolas Sarkozy does matter when it comes to foreign policy because Sarkozy has arguably been the most alliance-friendly French leader in decades—perhaps ever.
Obama's decision to campaign -- er, conduct official business -- on university campuses last week was not surprising. According to exit polls, there was no surge of young voters in 2008.
The Basel Committee attempted flexibility for banks in complying with new capital standards and incentives to strengthen internal systems for measuring, monitoring and controlling risk.
If partisan political bickering prevents us from recognizing the reality that Iran really has scored an important and damaging victory over the United States in Iraq through the failure of the these negotiations to extend our troop presence, then the prospects for any intelligent strategy to respond to that failure are dim indeed.
On August 15 the world's three largest central banks purchased more than $3 billion of an already resurgent dollar and sent its value up by more than 3 percent.
The Dodd-Frank legislation has many problems and omissions, and much is still uncertain about implementation. But the new liquidation authority provides for the possibility of making it so that future crises do not involve the bailouts of creditors that truly embodied the problem of having banks that are too big to fail.
‘A prolonged and solemn farce,” Churchill’s description of 1930s disarmament talks, applies even more accurately to the annual round of UN climate talks, which just wrapped up their 17th year of world-saving negotiations in Durban, South Africa, with another 11th-hour “breakthrough” that amounts only to agreeing to meet again next year and repeat the farce.
The FDA's efforts to resolve scientific differences and to take final actions are causing it to miss review goals that it commits to as part of the PDUFA.







