World news: China debt habit proves hard to kick, UK markets reg...

 
 
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Monday August 26 2013
 
 
World News
 
China debt habit proves hard to kick
 
If borrowing spirals out of control, spectre of economic turmoil could rear its head, but lower spending will slow growth
 
 
 
UK markets regulator rejects EU guidance
 
 
Putin warns west on Syria attack
 
 
Bo trial exposes the man and his rivals
 
 
Palestinians cancel peace talks round
 
 
Greenpeace icebreaker leaves Arctic waters
 
 
US durable goods orders drop 7.3%
 
 
Plan to put third runway in local hands
 
 
Irish unions battle for right to negotiate
 
 
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The World
 
The Middle East made simple…or maybe not
 

By Abigail Fielding-Smith in Beirut

People struggling to understand the diabolical complexities of the Middle East may have found solace in the FT last week, not in the news pages, but in a letter to the editor from KN Al-Sabah of London, EC4, published last Thursday under the heading 'A short guide to the Middle East'.

"Iran is backing Assad. Gulf states are against Assad", its brisk summary begins, before detailing the myriad and contradictory alliances which make this place the bewildering tinderbox it is ("Turkey is with Gulf states against Assad; yet Turkey is pro Muslim Brotherhood against General Sisi. And General Sisi is being backed by the Gulf states!").

The letter, which ends with an exhortation to "have a nice day" struck a chord with general readers and experts alike as they reel from the last few weeks' barrage of violent and confusing Middle East news.

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