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Bankruptcy is on the increase, says Giles Fraser. There is tragedy in economic brokenness, but also hope. Debt forgiveness has the whiff of salvation and biblical Jubilee about it.
The current fluster over how to solve the crisis at Northern Rock indicates the degree of economic fetishism surrounding privatisation and nationalisation.
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The UN’s refugee agency, the UNHCR, has reported that 2016 has become the deadliest year yet for people crossing the Mediterranean.
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