Financial Times

“Chinese law is a big joke.” So says Ai Weiwei, China’s premier artist, in Ai Weiwei: Never Sorry, a documentary which was released late last month. In recent years, Ai has been the most prominent critic of his government’s repression and lack of transparency.

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FOR ALL THE soccer played by Spain, and fine tennis at Wimbledon, something was ailing me this past month. It’s called Tour Fever. My promiscuous love for sports includes rugby (which I played a very long time ago), skiing (which I still relish as an aging downhill daredevil), and cricket (despite the English weather). For obscure reasons, I follow the Red Sox, with little joy at present, and thanks to the hospitality of the University of Texas, where I sometimes lecture, I consider myself a long-range Longhorns fan.

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When we last left Morgan Stanley, the company was taking all manner of abuse for botching the biggest IPO of the millennium. Alas, that turns out to be the least of its problems. Far more pressing is the fact that Moody’s may be on the verge of massively downgrading Morgan Stanley’s bond rating, which could cost the company billions of dollars (perhaps tens of billions) in collateral and increased borrowing costs.  Then yesterday’s Financial Times brought even worse news.

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At first glance, it’s not at all clear that the Democrats should be dominating the PR fight over the payroll tax-cut extension that's stalemated Congress. When the music stopped on the congressional debate, the GOP-controlled House had passed a year-long extension of the tax cut while the Senate had only passed a two-month extension, and the White House had endorsed the latter.

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Welcome to TNR’s 2011 list issue. Earlier this week we named DC's most over-covered stories, most over-rated thinkers, most powerful, least famous people, and TNR's favorite people. Today's installment: the worst words in Washington.

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In the 1930s, as the world plunged into depression, there were two political factions that insisted nothing could be done: Marxists, who saw the depression as the death knell of capitalism, and laissez-faire economists, who believed that the only way to revive the economy was to let the depression takes its course like a bad storm at sea.

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The web is buzzing with discussion of the case of Deborah Copaken Kogan, a writer and Financial Times columnist who discovered—via Facebook—that her child had a rare and dangerous disease. Kogan’s story began when her four-year-old son developed a stubborn rash, followed by a fever and intense swelling. After Kogan began to post photos of her sick child on Facebook, she received a panicked phone call from a former neighbor who had seen the photos. “You have to get to the hospital,” the neighbor warned.

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New York Journal

The fact is that almost everyone has dirty hands. Everyone: politicians (even “statesmen”), banks, governments, international organizations, newspapers, universities, scholars—they are now mortified to (have to) admit that they made common cause with Muammar Qaddafi and his favored son Saif.  Thursday’s Financial Times carries a half-page article by Michael Peel on some of Qaddafi’s intimates: Tony Blair, the London School of Economics (LSE) and Political Science, the Carlyle Group (America’s most politically wired investment ensemble), the great revolutionary democrat Hugo Chavez, etc.

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The courting was actually of Recep Tayyip Erdogan, the personification of the new Turkey. And it wasn't as if Erdogan was an unknown quantity. In this morning's Financial Times, Daniel Dombey and Delphine Strauss report (through the horrible graces of WikiLeaks) that Eric Edelman, former U.S. ambassador in Ankara, had "described Mr.

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Yes, Rabbi Ovadia Yosef, one of those scholarly madmen in the Israeli orbit, did call forth a malediction against the Palestinians and their leaders. And, frankly, he deserves a similar anathema from all of us, he with his direct line to God from which he derives his marching orders to his followers. Fortunately, these followers may adore him.

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