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A World of Trouble: Is the nightmare over?

With signs of economic recovery finally emerging, here's where things stand in 20 countries.

News analysis: Malaysian model drinks beer, asks to be caned

News analysis: The wacky story of the week comes from, where else, Asia?

Meet the economic gangsters

The dismal science of economics is, by most definitions, about finding the most efficient allocation of resources. And that goes for individuals, companies, governments and — yes — criminals. Edward Miguel is an expert on that last category. He's the co-author, with Raymond Fisman, of “Economic Gangsters: Corruption, Violence and the Poverty of Nations.” Published in late 2008, the authors use new data, innovative number-crunching and various pattern recognition models to plumb the worlds of kleptocrats, corruption, black marketeers and violence.

Fears of a nuclear Burma

BANGKOK — In the eyes of U.S. leaders, North Korea and Burma have long assumed roles of Asia’s villains. Both are run by military regimes as paranoid as they are oppressive. The thought of either possessing a nuclear weapon potent enough to scorch a rival country is terrifying indeed.

Kerry: "We are going to take a hard look at Afghanistan"

WASHINGTON — Sen. John F. Kerry, chairman of the Senate Foreign Relations Committee, says he will hold far-ranging oversight hearings on the U.S. involvement in Afghanistan. “End of summer, early fall, we are going to take a hard look at Afghanistan,” Kerry said in an interview with GlobalPost.

Vietnamese Buddhists clash over scripture, real estate

Reports have emerged of violent confrontations since June 28 between 
two groups of Buddhist monks and local police at a monastery near the
resort town of Dalat, in southern Vietnam. A group of monks at the Nha
 Bat monastery who follow the teachings of the internationally renowned
 Zen monk Thich Nhat Hanh were reportedly confronted by a mob of monks
 and laypeople who follow the mainstream, government-approved Vietnam 
Buddhist Sangha, along with plainclothes police.

The biggest cave in the world

[Editor's note: The following story comes from our editorial partner VietNamNet Bridge.] VietNamNet Bridge — A team of British cavers recently announced record-breaking news: the discovery in Quang Binh Province of the largest cave in the world. But the presence of the British team has eclipsed one very important figure in the story — 40-year-old Ho Khanh — a local man and guide for the expedition who says he first found the cave nearly 20 years ago, but lost it again.

Hydropower projects drying up central Vietnam's water supplies

[Editor's note: The following story comes from our editorial partner VietNamNet Bridge.] VietNamNet Bridge — In the central Vietnam, about 200 hydro-power projects have been built, are being built or are on the drawing boards. With Vietnam facing chronic shortages of power in the summer months, electricity generation has become a hot product — so profitable that little attention has been given to environmental consequences. The Zahung dam on Zahung river, built to serve the 30 MW Zahung hydro-power plant.

Why Europeans voted against immigrants

Actually, I have no idea why Europeans voted against immigrants in the European Parliament elections the other day. Or rather, I know a bit about why they did, but I can't sympathize. Basically I just wanted to post this photo:

Carbon emissions: What if a carbon tax doesn't work?

This morning's panel at IPI Helsinki has UC Santa Barbara environmental economist Charles Kolstad, Royal Dutch Shell chairman Jorma Ollila, and Ali Sayigh of the World Renewable Energy Network talking about climate change. In response to a question about how to tax carbon to reduce emissions, Kolstad brought up something I hadn't heard of before.
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