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Daily headlines (02/07/08)

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Daily headlines (02/07/08)

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Financial Times
Iceland pays the price for financial excess
Article by Professor Robert Wade, professor of political economy at LSE.
http://www.ft.com/cms/s/0/3cf8367e-47d1-11dd-93ca-000077b07658.html 

Late-edition headlines

Voice of America
Military Intervention Not Likely in Zimbabwe
Christopher Alden, an expert on international relations with the London School of Economics, agrees that military intervention is not likely any time soon. Alden adds that if conditions in Zimbabwe do worsen, military action will only happen with the blessing of Africa's leaders. ‘The UN will take its lead from the African Union which is meeting. If the African leaders see this crisis as they did with Darfur, if they see it as an equivalent kind of crisis that it's reached that stage, they will give the green light that will enable the UN to step in. So I think a lot of the pressure is really on the African leadership which up until now has been privately critical but publicly largely supportive of Mugabe,’ said Alden.
http://www.voanews.com/english/2008-07-01-voa42.cfm

The Financial
LSE helps to expand trade in Africa
Four African nations are getting advice on how to grow their trade around the world during a study tour involving experts from the London School of Economics and Political Science.
http://finchannel.com/index.php?option=com_content&task=view&id=16017
&Itemid=9 

Financial News (30 June)
Fear is the key to a vintage slump
Article refers to research by Nick Bloom, CEP Associate at LSE.
http://www.efinancialnews.com/investmentbanking/specialfeatures/2451116717/
content/2451087749/restricted  (subscription)

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