World economy

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Germany’s boom is wreaking the country

FRANKFURT | Public pensions will be cut down by 2 percent, leaving many retired workers with less than €600 a month. That is under the minimum wages deemed sufficient in the country. Shocked? Don’t be. Look behind the picture of a wealthy Germany.


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Bernanke despises inflation horror tales

Will inflation rise in the US? That is the expectation of investors. Is it due to the Federal Reserve’s monetary policy? You bet. But, economist Luis Arroyo concludes, eggs end up broken when making an omelette. Or when a central bank stimulates employment.




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Milking the wealthy the British way

LONDON | Law-abiding citizens are happy, the government boasts about it and fiscal fairness rule over the land. But what does a £500-million extra tax bill collected from the wealthiest since 2009 says about the UK?




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China, alone in the dark

BEIJING | The world was confident about China. She was expected to be the engine of growth of the world economy. The remedy against the bitterness…