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Wall Street employees get their huge bonuses regardless of how the bank does. The argument that this pay rewards performance is nonsense. And my research suggests that remuneration systems at British banks are just as flawed.
I’m not quite sure if I can take any more. First that nasty and very unexpected fall in GDP this morning…
Internet users tired of being pestered by personalised adverts will be able to avoid them in future after Google launched an extension to stop their browser cookies being tracked by online companies.
For me as a British Muslim, one of the greatest joys of living in this country is to see the way different faiths are not just tolerated, but embraced. Freedom of worship is one of the fundamental rights of a civilised society, and the way it is fulfilled is emblematic of the British values I love. When that basic right is threatened, it diminishes us all. Every time a group of Arab Christians is attacked and killed in the Middle East for their faith, it sends a shockwave which alarms all right-thinking people, and the slaughter is condemned by political and religious leaders throughout the world.
Is the world’s largest super-volcano set to erupt for the first time in 600,000 years, wiping out two-thirds of the US?
Fabulous question for number 493 for my collection of those to which the answer is No. Asked by – you know – a newspaper. With a “How Journalism Works” second award for the use of “set to”.
Thank you to PaulH61.
The City economists still don’t know quite what to make of the shockingly bad GDP figures. According to the official statisticians, if it hadn’t been for the snow then GDP would have been flat in the last three months of 2010 rather than falling by 0.5 per cent – but that is still very bad and suggests an underlying weakness in the economy.
‘It takes a brave man to bet against Mourinho’, I was once told but to be honest it would be a foolish man who would bet against Barcelona seeing the kind of form they are in at the moment.
Mourinho’s legacy as the game’s top manager was put at stake the moment he signed his Real [...]
A Dinner Table, in a windowless private room somewhere deep in the 50% income tax band.
I turned on Al Jazeera on Sunday to see a live interview with Maher Hanoun. In 2009, I was living with Maher’s family in the East Jerusalem neighbourhood of Sheikh Jarrah when they were evicted from their home.
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