Subject: Share the View 2: Pakistan's New War
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Wed, 17 Dec 2014 11:34:25 -0600

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The Latest Opinions From Bloomberg View

December 17, 2014

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Terrorism 

The Editors:"After the massacre of 132 children Tuesday at a military-run school in Peshawar, no Pakistani should be under any illusions about the nature of the so-called Pakistani Taliban. ... Focusing solely on that despicable group, however, won't make future generations of Pakistani children safe.
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Josh Rogin and Eli Lake:"The massacre Tuesday at a school in Peshawar, Pakistan, is likely to set off a new round of fighting between the country's army and the Taliban. But the attack may also push President Barack Obama to renew the counter-terrorism partnership with Pakistan that has deteriorated since the U.S. killing of Osama bin Laden in 2011." 
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Pankaj Mishra:"The world seems full of crises and disasters. ... But the small coffins of Peshawar's students are the heaviest burden on our conscience. ... The killing of 132 children in Peshawar violates the shared assumptions that have regulated the conduct of humanity for millennia." 
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Russia 

Leonid Bershidsky:Unconditionally lifting Western sanctions now "would probably be the best way to humiliate Russian President Vladimir Putin and undermine his standing at home."
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Federal Reserve 

Noah Smith:"Narayana Kocherlakota, to borrow from a much-lampooned beer commercial, is the most interesting man in the Fed. Kocherlakota has just declared that he will not seek reappointment as president of the Federal Reserve Bank of Minneapolis."
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News Roundup 

Zara Kessler on What's Popping

	- New York's premiere of "The Interview" is off. 
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	- "Forty years ago, I did something terribly wrong that I deeply regret," says "7th Heaven" actor Stephen Collins. 
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	- For when X-Pro II just won't do. "Massive Instagram update adds 5 new filters." 
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	- Mazel tov, a Jewish wizard in "Harry Potter." 
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	- Rest in peace, Norman Bridwell, "Clifford the Big Red Dog" creator. 
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Matt Levine 
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(Read the news roundup) 

	- Ruble rubble redux: 
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	- Rough year for Jefferies: 
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	- The importance of culture: 
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Jonathan Bernstein
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(Read the news roundup) 

	- Derek Willis at the Upshot looks into questions about how much money is actually spent in elections, featuring research from Robin Kolodny, who is one of the best. 
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	- Henry Farrell at the Monkey Cage thinks about Bitcoin as a financial network:
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	- Also at the Monkey Cage, Andrew Rudalevige on judicial activism and President Barack Obama's immigration executive action: 
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Katie Benner 
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(Read the news roundup) 

	- It took a jury only three hours to find in favor of Apple, the defendant in an antitrust lawsuit that claimed the company had used iTunes software updates to monopolize the digital music market. 
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	- E-mails released in the Sony hack, reveal the Snapchats spendy side.
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	- Marijuana startup Privateer got a $75 million Series B investment led by Peter Thiel's Founders Fund. 
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Barry Ritholtz 
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(Read the news roundup) 

	- Putin on the fritz: 
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	- The world hot spots you've never heard of that could ruin 2015: 
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	- Bond investors are skittish over emerging markets: 
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Asia Economy 

William Pesek: "As China's first full year of rebalancing draws to a close, how has President Xi Jinping done? Reasonably well, it seems." 
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China 

Adam Minter:"Perhaps the biggest unanswered question hovering over each round of international climate change talks is whether China can be trusted to abide by any carbon reduction commitments it agrees to. ... A recent development in China gives clear reason to be optimistic."
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India 

Dhiraj Nayyar: "The Chinese smartphone manufacturer Xiaomi fancies itself a world-beater. ... But an order from the Delhi High Court delivered those hopes a body blow."
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FORWARD GUIDANCE

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