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Indelible blot on history

The downing of Malaysian Airlines Flight 17 has gone from accident to catastrophe to horror. And, by most accounts so far, it has exposed the quickening of the civil conflict in eastern Ukraine as a geostrategic blunder by Russian President Vladimir Putin.

Banking on the BRICS

The financial heft of the BRICS group — Brazil, Russia, China, India and South Africa — has just advanced a step, at least symbolically, with its decision to launch the New Development Bank. A $100 billion reserve fund will be available to members that ...