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China builds ‘bullets’, Britain fires blanks
Headlines about a proposed high-speed rail network linking London and Scotland tell a tale of ambitious investment in transport infrastructure. The details tell a different story.
Patrick Collinson
Class acts in land of the falling yen
Japan faces big challenges, such as a rapidly ageing population and a huge fiscal deficit, but it boasts more quality global companies than any other country–and Chris Taylor invests in them.
Stateside
Red and green lights flashing
A Supreme Court ruling allows political campaigns to be bankrolled by “special interest money” prompting fears of unaccountability and an erosion of democracy as big spenders hold the power.
Book Review
Paulson: Lehmans was not my fault
In a blow-by-blow account of the fight to stave off the global financial crisis, Hank Paulson defends his role as America’s Treasury chief in the run-up to the collapse of Lehman Brothers.
