• In the 1990s, Italy levied a tax on every bank account to stave off the collapse of its lire currency.

    NPR: A Look At Cyprus' Decision To Tax Depositors

  • While official statisticians have sorted out the main defects, irregular bonus payments continue to make the index volatile and largely account for the recent collapse in the growth of earnings.

    ECONOMIST: Interest rates

  • The economy has been hurt by high interest rates and a weak external environment, which has led to a collapse in private investment, coupled with large fiscal and current account deficits.

    WSJ: India Cuts Policy Rate

  • The economy has been hurt by high interest rates and a weak external environment, which has led to a collapse in private investment, coupled with large fiscal and current-account deficits.

    WSJ: India Cuts Policy Rate

  • On one foot: In the 1920's, an Egyptian Islamic theologian, Hassan al-Banna, challenged Islamic civilization with a most painful religious question: if Islam teaches that Muslims would come to dominate the world, how to explain the collapse of the Ottoman Islamic Empire, the only remaining caliphate (Islamic sovereignty), and how account for the state of Muslims around the world - impoverished, and dominated by the West?

    CENTERFORSECURITYPOLICY: Will FBI break ties with Boston Islamists?

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