The New York Times

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The 95% Rule, Bulgaria and the NYT

Recent reportage in the New York Times reminded me of my 95% Rule: "95% of what you read about economics and finance is either wrong or irrelevant". In her piece on the Bulgarian elections, Mariana Ionova wrote:

"Its [Bulgaria's] economy is growing at an annual rate of about 1.6 percent, but that is the slowest pace in the union, and about half the European average."

‘Pan-Islamist Davutoğlu’ thesis ruffling feathers in Turkey

Is Turkey’s new Prime Minister Ahmet Davutoğlu a pan-Islamist ideologue, with imperialist ambitions to reshape the Middle East into a post-national order based on Turkish and Sunni religious supremacy? That is the blockbuster thesis currently turning heads both inside and outside Turkey, thanks to a series of recent articles by Marmara University Assistant Professor Behlül Özkan.

US says UAE bombed Libya Islamists as turmoil deepens

UAE warplanes secretly bombed Islamist militia targets in Libya, apparently catching Washington off guard, as turmoil in the North African country deepened with the Islamists naming a rival premier.
      
American officials said on Aug. 25 that the United Arab Emirates' jets launched two attacks in seven days on the Islamists in Tripoli using bases in Egypt.
      

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