The plan will require two transformations, one micro and one macro. The first is an unruly, subsidy-fed explosion of wind, solar and biomass power, a strange mixture of idealism and greed, as one energy boss calls it. The second is the effort to pull

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Europe Germany's energy transformation 欧洲 德国的能源转型 Energiewende 能源大变身 German plans to cut carbon emissions with renewable energy are ambitious, but they are also risky 德国计划通过可再生能源削减碳排放。雄伟

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Global accounting standards 全球会计准则 Closing the GAAP 弥补差距 Americas commitment to international standards is in doubt 美国是否会如约与国际准则接轨尚未确定 Like railway tracks that appear to converge but never actua

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Circumcision in Germany 割礼在德国 Incisive arguments 激烈的争辩 A row over a ruling that circumcision for non-medical reasons is a crime 法院对出于非医疗原因实行割礼构成犯罪的裁定引发争议 The parents, both Muslims,

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Would she consider the version of Eurobonds suggested by Germanys advisory council ofeconomic wise men? Under this scheme, debts exceeding 60% of GDP would be transferred into a fund with joint liability and paid off by the debtor countries over 20-2

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Germanys obstinate chancellor 固执的德国总理 Angela Merkel, swimming instructor 游泳教练安吉拉默克尔 When it comes to the euro, the German chancellor prefers self-help to helpbut she can be more flexible than she seems 德国总理在欧

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Finance and Economics 财经商业 Private equity and the Arab spring 私募股权和阿拉伯之春 Tentative steps 投石问路 Investor interest in the Middle East and north Africa remains cautious 投资者对中东、北非的兴趣依旧谨慎

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Noise pollution 噪音污染 Shhhh! 嘘!小声点! Why quiet carriages dont work, and how they might be made to? 安静车厢的推广之途屡屡受挫。原因何在,如何改之? QUIET carriages on trains are a nice idea: travellers volunt

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German macroprudential reforms 德国的宏观审慎改革 Beware Teutonic caution 谨防日耳曼式谨小慎微 The Bundesbank should not exert its new clout too zealously 德国央行新令牌在握,切莫肆意呼风唤雨 THE European Central

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Surge pricing also boosts supply, at least locally. The extra money is shared with drivers, who therefore have an incentive to travel to areas with high demand to help relieve the crush. 至少在局部地区动态价格策略增加了供给。司机们

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Free exchange 自由交换 A fare shake 车费的变动 Jacking up prices may not be the only way to balance supply and demand for taxis 提高价格可能并不是满足出租车供需平衡的唯一方法 IT IS a familiar ritual for many: after a l

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There were 4.7 billion square metres of housing under construction but not yet available for sale at the end of last year, up by 25% from the end of 2011; 452 million square metres of housing were on sale, nearly three times as much as at the end of

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The results of this two-tier system have been meagre so far. The frenzy in the biggest cities stems from the central banks steady loosening of monetary policy over the past 18 months. Although warranted from an economic perspective, it was inevitable

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Chinese property 中国房地产 For whom the bubble blows 泡沫为谁而破 House prices are soaring in big cities, but oversupply plagues much of the country 大城市房价飙涨,但产能过剩才是全国性的问题 SHANGHAI, Chinas financia

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Japanese investment in South-East Asia 东南亚地区的东瀛资本 Outward bound 向外拓展 A weak domestic economy is spurring Japanese firms to expand abroad 羸弱的国内经济形势鞭策着日本公司向海外进军 IT IS not every day t

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Tax reform in India 印度税制改革 The truck stops here 如鲠在喉 A fix for India's indirect-tax system is overdue but it may fall short of the ideal 由于印度未能及时对其间接税系统进行调整使得其未能达到理想状态 TR

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Charter Schools 特许学校 Big, not easy 大,但并不简单 Revolution and innovation in some of America's toughest neighbourhoods 美国的一些老大难街区的改革和创新 AS PUPILS file into their classroom at Kipp Renaissance, a high s

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Lexington 莱克星顿 Fun on a budget 预算趣录 Congress is incapable of restraining spending. It should let the president try 国会无力控制开支,也许该放手让总统一试 AT THE end of Barack Obama's budget, which was published on F

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Bankruptcy and the economy 破产与经济 A fresh start 一个全新的开始 New evidence that rules for debtors are too tough 新证据表明,对债务人的要求太苛刻 LAST year nearly 1m Americans filed for bankruptcy. That is far fewer th

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Lexington 莱克星顿 Paying fealty to farmers 向农民们表忠 When Ted Cruz is the only person talking sense, something is wrong 当只有特德克鲁兹在理时,事情就有鬼了。 A FEW years ago, while reporting on the madness that is Eu

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