Are you a stock or a bond?

Are you a stock or a bond?

IMAGINE two college friends whose careers have taken different paths. Simon is an investment banker. He works long hours, especially when his bank is advising on a big merger. His pastimes include potholing and skydiving. Chris works as a senior civil servant. Early each evening the lights in his office dim to remind his colleagues…

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Most Trump voters would not care if he had used the N-word

Most Trump voters would not care if he had used the N-word

AS WITH many satellites orbiting Trump world, Omarosa Manigault-Newman’s exalted position in the White House defied explanation. She catapulted from a role of recurring villain on “The Apprentice”, Donald Trump’s reality-television series, to the seemingly important job of director of communications for the White House Office of Public Liaison. After an ignominious exit in January,…

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Ryanair abolishes its free baggage policy

Ryanair abolishes its free baggage policy

FOR the second time in a year, Ryanair, Europe’s largest low-cost carrier, is changing the way it charges for baggage. Until 2018 Ryanair had allowed passengers to carry one small bag and one wheelie bag in the cabin for free. It changed its policy in January—purportedly to speed up boarding—by making passengers dump their wheelie…

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The Republicans risk imploding in Arizona

The Republicans risk imploding in Arizona

MARTHA MCSALLY appears to be the dream Republican candidate for one of the most crucial races of the mid-terms. The second-term congresswoman, who is contesting the Arizona Senate seat being vacated by Jeff Flake, is the first American woman to fly in combat. That is a big selling point in a state dotted with aerospace…

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Like obscenity, you know racism when you see it

Like obscenity, you know racism when you see it

SINCE the publication of Omarosa Manigault Newman’s book about her time in the Trump administration, the president’s political opponents have been indulging in a charmingly old-fashioned debate. Ms Manigault Newman suggests she was fired because people in the White House thought she knew the whereabouts of a recording from the president’s reality TV days in…

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Scott Morrison becomes prime minister

Scott Morrison becomes prime minister

MALCOLM TURNBULL calls it “madness”. On August 21st he won a leadership ballot among MPs from the Liberal party, the mainstay of the governing coalition, allowing him to stay on as prime minister. But the defeated challenger, Peter Dutton, a populist former policeman backed by the right wing of the party, refused to abandon his…

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How to make air conditioning more sustainable

How to make air conditioning more sustainable

WHAT is the single most effective way to reduce greenhouse-gas emissions? Go vegetarian? Replant the Amazon? Cycle to work? None of the above. The answer is: make air-conditioners radically better. On one calculation, replacing refrigerants that damage the atmosphere would reduce total greenhouse gases by the equivalent of 90bn tonnes of CO2 by 2050. Making…

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