Slash subsidies, prioritise spending

By Raffique Shah
August 14, 2011

Raffique ShahA WEEK sometimes feels like eternity in today’s fast-paced world. When I wrote last week’s column—”Jam Them!”—for which I received lots of jamming, Standard and Poor’s downgrading of America’s credit rating, and the almost instant global fallout, had not yet happened.

How was I to know that parts of London and other cities in England would erupt into mayhem?
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