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SHARE THE VIEW

A quick look at Bloomberg News's opinion section

June 12, 2014For more, visit
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www.bloombergview.com

WORLD CUP:

The Editors: "Brazil is favored to win this year's World Cup, which starts today. Yet the cost of hosting the games, along with some expensive promises made by a president seeking re-election, may turn any athletic triumph into a Pyrrhic victory. Brazil's economy is sputtering."
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Kavitha A. Davidson: "The 2014 World Cup is mere hours away -- how many members of Team USA can you name? That silence you heard is being used by head coach Jurgen Klinsmann as motivation for his team of underdogs."
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Check out our
http://click.email.bloomberg.com/?qs=a30551e5eda96924f2314142a381001427286bfe3173f2e54751516a8d363103
economic guide to the World Cup .

TECH: Mohamed A. El-Erian: European governments will have to make a major strategic decision about Uber soon. "In my view, they should recognize that the new Uber-like technologies are here to stay and expand."
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INVESTING: Barry Ritholtz: "Any opportunity to correct myself when I make an error is an opportunity that is always appreciated. It happens to everyone all the time. But as Bridgewater Associates' Ray Dalio has so eloquently argued, it is much better to own up to a mistake, rather than pretend it never happened, or simply hope no one notices or mentions it again in public."
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U.K.: Mark Gilbert: "Bank of England Governor Mark Carney is on the verge of enhancing his uniqueness among those who run the central banks of the world's major economies. Not only has he admitted to seeing a bubble in the economy -- something his peers have claimed is all but impossible -- he's on the verge of doing something about it. This is troubling."
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WHAT OUR WRITERS ARE READING:

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Jonathan Bernstein

- Lots of worthwhile pieces on the Eric Cantor upset. Start with Rachel Blum, who has a theoretical framework for thinking about the Tea Party and evidence to support it:
http://click.email.bloomberg.com/?qs=a30551e5eda96924cc0449369bdf5b017d251972e5e046c6687cf2e41658f373
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- Next is Sarah Binder, who argues that Cantor's defeat was all about what he was doing (or not doing) in the district:
http://click.email.bloomberg.com/?qs=a30551e5eda96924b418418ed858098c3f99c13e672c44ca8fd7c640821beebd
Read more

- See also Jonathan Ladd on Cantor and the center:
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Read more

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Barry Ritholtz

- Why the Stock Market May Actually Be Undervalued
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(MarketWatch)

- I'm Just Now Realizing How Stupid We Are
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(Motley Fool)

- Markets Are Less Volatile. Should We Worry?
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(The Upshot)

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William Pesek

- No more Filipino entertainers, please:
http://click.email.bloomberg.com/?qs=a30551e5eda96924df03e7ba33dc330c321bcdaf0398c65119b6d68a28ca2e54
Read more

- Bank of Korea holds its fire -- again:
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- Pity those Bank of Japan reporters:
http://click.email.bloomberg.com/?qs=a30551e5eda9692493eea4cb42e48d4e93765b0018031a3a5c9b7bc7f1a93c1b
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http://click.email.bloomberg.com/?qs=a30551e5eda969246eca7201cbb590a7a8b51f93a972be6543ef76988cf5f5fc
Matt Levine

- Is Uber's valuation reasonable?:
http://click.email.bloomberg.com/?qs=a30551e5eda96924f5947f8a4c792c91fbefd7da25a74bd78e65ee17132947b7
Read more

- Did you know that the Justice Department gets a 3 percent commission on the fines it collects?:
http://click.email.bloomberg.com/?qs=a30551e5eda9692409a2ed14553ba8fde0cfa5927b74cf60c97dcaaf3504a1ff
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- How useful are stress tests?:
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SHARE THE VIEW

For more information, email
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view@bloomberg.net .

For media inquiries, contact Farrell Sklerov at +1-212-843-8289 or
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