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The old Chinese expression … “May you live in interesting times” … is often interpreted as having a double meaning – it appears to be a blessing, but there is an undercurrent of irony. “Uninteresting times” are characterised by peace and stability; “interesting times” by turbulence and chaos.

No prizes for guessing in which we currently abide – last week saw more gloomy economic numbers in major markets while the first protests (in Prague) were staged against higher energy prices, Nato ...

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