Goldman Sachs

♦ The FT’s David Gardner argues that Hizbollah has become a state above the state in Lebanon: “The group has a strategy towards Lebanese institutions: fill them, keep them empty, or make them unworkable.”
♦ By lengthening the storage time for aluminium, Goldman Sachs adds millions a year to its coffers and increases the prices paid by manufacturers and consumers.
♦ The government practice of tapping undersea cables has continued since the 1970s – the Atlantic looks at how it works.
♦ After decades of blistering construction, China could overtake the US as the world’s wealthiest nation in terms of built assets as early as next year.
♦ US Gen Martin Dempsey, chairman of the joint chiefs of staff, told the Senate Armed Services committee that there are few good options in Syria – and explained why, analysing the cost of each option. Read more