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The Economist of 6th December, 2007 (full story, requires login) writes about U.S. subsidies for ethanol:

In other words, the demands of America’s ethanol programme alone account for over half the world’s unmet need for cereals. Without that programme, food prices would not be rising anything like as quickly as they have been. According to the […]

225,000 USD is what you can shell out if you want to buy a parking spot in Manhattan, according to the New York Times. Hmm, the subway is probably out because it’s too gritty, and of course, mom Habberstad and her delightful offspring couldn’t possibly cycle around town, what with all the traffic. Perhaps they […]