♦ The FT’s Martin Wolf asks whether the US is a functioning democracy.
♦ Charles Pierce at Esquire is already convinced that this was to be expected from “the worst Congress in the history of the Republic”.
♦ Russia is spending $755m on bolstering its military as part of Vladimir Putin’s plan to rebuild the country’s status as a credible diplomatic and military force.
♦ Silvio Berlusconi’s antics now do little to shock the bond markets – an indication that the eurozone crisis has moved decisively into a less aggressive phase, argues the FT’s Ralph Atkins.
♦ India’s Hindu temples are resisting requests from the central bank to declare their gold holdings amid mistrust of authorities trying to cut a hefty import bill.
♦ A new book on the birth of Bangladesh and the White House diplomacy of the time unearths conversations between Nixon and Kissinger that reveal their hateful attitudes towards Indians. Read more
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