The Fed’s rate cut - Approaching zero

Economist - How much lower can the federal funds rate go? Certainly at least to 0.5%, a level it has not been close to since the 1950s. But beyond that, things get tricky.

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Where’s Europe’s Obama?

Spiegel - Europe’s euphoria at Barack Obama’s election has given way to a worm of self-doubt. America may now have its first-ever black president, but which European nation could elect a leader from one of its own ethnic minorities?

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Can Europe produce an Obama?

IHT - In the general European euphoria over the election of Barack Obama, there is the beginning of self-reflection about Europe’s own troubles with racial integration. Many are asking if there could be a French, British, German or Italian Obama, and everyone knows the answer is no, not anytime soon.

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