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.footer .iOSLink a { color: #666666 !important; text-decoration: none !important; } @media only screen and (max-device-width: 480px) { body { padding: 10px !important; } .one-column p, .one-column li { font-size: 19px !important; line-height: 29px !important; } }A daily digest of opinions and analysisNarendra Modi Is a Different Kind of NationalistIndia’s president is cut from the same cloth as Donald Trump and Vladimir Putin, according to the French nationalist politician Marine Le Pen (who, in an interview, naturally touted herself as a member of that ascendant global alliance). But Mihir Sharma says that’s the wrong way to view Modi’s idiosyncratic brand of nationalism, overlooking his distinctive vision of the past — and the future.St. Petersburg Subway Attack’s Lesson for the WestRussia has some of the toughest anti-terror legislation in the world and has spent lavishly on subway security — think state-of-the-art surveillance systems, metal detectors and X-ray scanners — but that wasn’t enough to prevent Monday’s train bombing, which killed at least 11 commuters in Russia’s second-largest city. Leonid Bershidsky says the assault is a painful reminder of the limits of security: Even in a police state, there is no way to prevent every single attack.No Raise? It’s Not You. It’s Your Company.At top-performing firms, workers of all skill levels climb the income ladder. At lower-performing firms? Well ... not so much. Peter Orszag examines new research that suggests if you want to understand inequality, you should pay closer attention to what happens inside businesses.What Trump Has Lost So Far in Washingtont would be difficult for President Trump to recover from a string of defeats so early in his administration, but not impossible — Bill Clinton pulled off something similar after a rough start in the ’90s. The difference, Jonathan Bernstein says, is that Trump has already squandered two critical resources: time and reputation.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsIt’s possible stocks are only sort of expensive (Irrelevant Investor)Your way of life would not be remotely possible without Wall Street (LA Times)Diversification, adaptation and stock market valuation (Philosophical Economics)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg GadflySpotify and Universal strike the right chordAn Asian lesson for Sydney’s property bubbleAttention, investors: a Trumpcare resurrection isn’t happening(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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