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Barnaby Lenon, ISC chairman, said: “Independent schools can be very proud of their pupils’ excellent exam results, with more than half of their A-levels being graded A* or A, nearly double the national figure.
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"Throughout history, nations have used various methods to protect their secrets, and today terrorists, cybercriminals, human traffickers and others use technology to hide their activities. Our intelligence community would not be doing its job if we did not try to counter that."
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* The government shutdown and debt-ceiling fight areclouding the outlook for the global economy and markets, butthey are bringing clarity to one area: The Federal Reserve isnow likely to keep its foot on the monetary gas pedal evenlonger to offset damage from the standoff. ()
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Another way to put it is that one part of the flexible labor market issue that has been completely ignored is the question of externalities. Company A may be able to increase its profits by moving production to China, but, in doing so, Company A imposes costs of others in the form of lost wages and lost spending by wage earners. It may be that, if transaction costs were zero, a way could have been found to pay Company A not to move production to China; however, transaction costs are not zero, so that didnt happen. One transaction cost that might be addressed  and this is another way of looking at the point of the article  is the cost of overcoming the dogma that moving production to a low labor cost area is always wealth maximizing. That appears not to be the case. Thus, we know that effects of labor market flexibility may be negative, but we found ourselves in the position of the economist who lies in bed awake at night wondering if what works in practice can be made to work in theory.
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The surrounding region has to be supportive. The dissolution of the Soviet Union in 1991, for example, freed the middle developed Eastern Bloc nations  including Poland, Czechoslovakia, East Germany, Romania, Hungary and Bulgaria  to integrate into the democratic European Union. But the former Soviet states in the Near Abroad without those attributes  Belarus, Ukraine and Central Asian Republics  remain autocratic.

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