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  • I spend a fair bit of time in various airports each month and hate the onerous security checks, which at times seem petty in the extreme. It always amused (not the right word) me that a passenger could just walk straight on with a bag full of duty free...

  • As Good As It Gets In Latvia?
    via fistfulofeuros

    For Maurice Pialat, champion of the marginal centre. “This raises a final question, which, while not central to the issues of this paper, is nevertheless intriguing: How can a country with a low minimum wage, weak unions, limited unemployment...

  • The market end is nigh! by Richard Cluver Yet another bull market is drawing to a close. Market analysts everywhere are in agreement that share prices everywhere are looking very expensive while corporate growth has slowed significantly. This implies...

  • Operator Good morning, everyone. Before we get started, let me remind you that our remarks today include forward-looking statements, which are subject to risks and uncertainties that could cause actual results to differ materially from those that we...

  • Highlights For references and footnotes, please see the PDF version of this publication. Since the mid-1990s, Italy has been characterised by a lack of labour productivity growth, combined with a 60 percent growth in labour costs, 20 percentage points...

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