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The consumer price index in China was 4.9% year to year in January 2011. The one year deposit rate was 3%. This means a negative interest rate of 1.9%. The real interest rate for China was an average of negative 1.1% in 2010.

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Shultz, Perry,Kissinger and Nunn, bring their long years of experience in defense and international affairs to the issue of updating America's policy of nuclear deterrence based on mutually assured destruction. Since the end of the Cold War conditions have changed and the threat of nuclear destruction has taken new forms. Efforts to reduce the threat of nuclear war, nuclear weapons proliferation, and other dangers stemming from nuclear weapons development, also need to change to reflect the changing times. They outline proposals for these changes based on meetings on these issues at the Hoover Institution in California.

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Germany's new Interior Minister Hans-Peter Friedrich said that Islam did not play a major role in German culture, and was not a part of the German way of life. He said successful integration requires knowledge of the social reality in Germany and an awareness of the Western Christian origin of German culture. The question facing Germany is how to integrate 4 million Muslims living in Germany. The Turkish prime minister told Muslims in Dusseldorf that Turkish parents should teach their children Turkish first, before German, and that the Turkish culture and civilization should not be ripped away from Turkish people in Germany. He drew a distinction between assimilation which he rejected and integration which he encouraged. The problem is that integration is seen in different terms by Muslims and by Germans in different parts of the political spectrum. For Lutheran Bishop Druge of Berlin, integration to the German way of life was integrating into a democratic way of life based on dialogue and human rights....

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The Journal editorial outlines steps the Obama administration must take for Libya. It calls for decisive military action before Ghadafi suppresses the democratic protests in Libya and points to the dangers of not acting now.