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The globalisation counter-reaction

 . WHEN the Archduke Franz Ferdinand (envisioned right) was executed in 1914, there were couple of preliminary indicators that globe battle would certainly comply with. In retrospection, many individuals have actually suggested that the murder was a fanatic occasion that must not have actually caused the recklessness of battle. Butwas the succeeding battle actually an exogenous occasion? Or was it the near-inevitable effect of the stress arising from the initial wonderful age of globalisation? If Franz Ferdinand had actually endured, possibly another thing would certainly have set off the dispute.…

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Will President Trump rescue failing pension funds?

  TO THE exasperation of budget hawks, Donald Trump has long made clear that he will not reform Social Security (public pensions). But maintaining these entitlements does not fully protect workers’ retirement income. For many, pension promises from their employers are more important. These can shrink or vanish when firms fail. And, like Social Security, the programme that protects retirees against such losses—the Pension Benefit Guaranty Corporation—is going bust. The PBGC levies premiums on defined-benefit pension plans in order to bail out those that fail (up to a maximum payout…

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