Ukraine is facing imminent national bankruptcy—casting Russia in the role of "Abu Dhabi" to Ukraine's "Dubai" in the sense of easing the financial distress of a closely related neighbour.

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Nissan, Ford Motor and Honda Motor are running their Chinese factories at full capacity, with overtime and weekend shifts, and still can’t deliver enough cars.


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Explaining the depth of the US recession is a challenge for just about any macroeconomist. There is no well-established theory that can explain how America got to 10% unemployment.

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