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Acronyms can have a life of their own; they multiply, and draw inspiration from the animal world. The “BRIC” made its debut in 2001, and was later joined by the “S” of South Africa[...]
For years, Greece has been living larger than its means, and everyone, both citizens and government, were spending more than they brought in. Private citizens padded their incomes [...]
It would have been difficult to bet on China coming to the rescue of cash-strapped Europe.[...]