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A quick look at Bloomberg News's opinion section

March 26, 2013 For more, visit
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FROM THE EDITORS

Cyprus: "The Cyprus bailout deal is a big improvement over the first botched attempt. It doesn't repeat the error of breaching the guarantee on bank deposits up to 100,000 euros. Instead, it restructures the two biggest banks and forces their creditors, including large depositors, to take huge losses. Yet the euro area's leaders must do a lot more to convince Europeans and the markets that they have drawn the right lessons from this debacle."

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Afghanistan: "U.S. Secretary of State John Kerry and Afghan President Hamid Karzai had plenty to discuss Monday, when Kerry dropped by Kabul for an unannounced visit. Karzai has developed quite a knack for making Americans think twice about their involvement in his country. Here's the message we hope Kerry delivered: The U.S. still wants to help -- but with conditions."


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COMMENTARY

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Megan Greene

"Ever since European Central Bank President Mario Draghi said last July that the bank will do whatever it takes to preserve the euro, complacency has pervaded Europe's single-currency area. . . . This was always a false assumption, as events in Cyprus have made clear."

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William Pesek

"Philippine President Benigno Aquino faces a huge roadblock in his push to end the poverty weighing on his 106 million people: the Catholic Church. . . . The archipelago nation is a timely case study of how religion and economic development often don't mix."

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Ramesh Ponnuru

Will Congress find a way to lower corporate-tax rates? Representative Devin Nunes, a California Republican "suggests a new approach: a 'business consumption tax' that treats all businesses the same, whatever their organizational form."

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A. Gary Shilling

"There is an important distinction between good deflation caused by excess supply and bad deflation created by deficient demand. Good deflation is the result of new technologies that power productivity and output as the economy grows rapidly and as supply outpaces demand."

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Bob Corker

"Last week, President Barack Obama formally told Congress of his intention to create the Trans-Atlantic Trade and Investment Partnership with Europe. Completing this historic agreement will strengthen America's future competitiveness and prosperity."
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Norman Matloff

"For the first time, state legislators in the U.S. may require their public universities to grant students credit for online courses given by outside providers." We should carefully consider the quality of massive open online courses "before eviscerating this sector for some short-sighted gain."
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FROM THE BLOGS

The Ticker

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Evan Soltas on the cultural reasons for attending college
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Echoes

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Philip Scranton on France's tax policies in the early 1930s
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World View

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Tim Judah on the controversy over building an airport in Nantes, France
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