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Disaster payouts

Economist - Last year 149 natural and man-made disasters hit Asia, causing 13,748 dead or missing. In addition, insurance losses to property and business interruption amounted to $3.5 billion, according to Swiss Re, an insurance company.

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A Truman for our times

Prospect, by Edward Luttwak  - The received wisdom is that President Bush has been a foreign policy disaster, and that America is threatened by the rise of Asia. Both claims are wrong—Bush has successfully rolled back jihadism, and the US will benefit from Asian growth.

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