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MEDIAWATCH

#Varoufexit: Greece's Finance Minister Bows Out

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THE DEBATE

What now? Uncertainty for Greece and for Europe - part 1

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THE DEBATE

What now? Uncertainty for Greece and for Europe - part 2

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REVISITED

One year after Gaza war, residents still struggling to survive

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REPORTERS

Libya in search of unity

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ENCORE!

Tina Arena: Love, loss and la langue française

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THE INTERVIEW

History’s worst tragedies: Would you have resisted?

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TALKING EUROPE

Lithuanian president: 'Greek govt is not willing to take responsibility'

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FOCUS

Violence and chaos await migrants in Libya

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An overview of the stories making the French and international newspaper headlines. From Monday to Friday live at 7.20 am and 9.20 am Paris time.

IN THE PAPERS

IN THE PAPERS

Latest update : 2012-07-03

Grim news and alarming psychoanalysis

Syrian President Bashar al-Assad apologises...to Turkey for shooting down a fighter jet. Also, Human Rights Watch investigates Syian torture centres. And there’s speculation about criminal prosecution of the Barclays bankers who rigged interest rates. For one paper that would not be enough, given the distorting effects that unconstrained power has on the brain activity of those running a virtually unregulated banking industry.

Human Rights Watch has investigated two dozen torture centres across Syria, and The Brisbane Times highlights witness accounts in which we read of stapled chests and electric shocks.

In the UK, the Barclays bankers responsible for rigging inter-banking rates could be prosecuted for criminal behaviour. The Independent argued the Chairman’s head should not have rolled though, as interest rate manipulation would have been below his level of oversight. CEO Bob Diamond should be the one to go. (Someone was listening, as Diamond has since stepped down).

In an essay on The Psychology of Greed, the Guardian cites studies which look into the effects of power on the human brain. Bank bosses are more powerful than most elected officials – particularly after decades of deregulation, and holding onto power changes brains by boosting testosterone, which increases the dopamine in the brain's reward systems.

While moderate amounts encourage people to be more strategic and bolder, the logic goes, extreme forms distort personalities, making them egocentric, unempathetic and greedy for financial, sexual and material rewards.

All the while, the excess of unchecked power dulls their perception of risk, even when a storm is brewing.

By Kyle G. Brown

COMMENT(S)

Archives

2015-07-06 eurozone

French press reacts to Greek 'No' vote

Live from the newsroom, France 24's Oliver Farry provides an overview of stories making French newspaper headlines.

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2015-07-06 Greece

Greek 'No' is 'a vote against austerity'

Live from the newsroom, France 24's Oliver Farry provides an overview of stories making international newspaper headlines.

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2015-07-03 Greece

Hillary Clinton: Loves ice tea, doesn't know how to use a fax machine

INTERNATIONAL PAPERS - Fri. 03.07.15: Greece's situation is an existential moment for the European project, according to paper Ekathimerini. Also, Israeli papers say the recent...

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2015-07-03 Greece

Is a 'Grexit' something to be afraid of?

FRENCH PAPERS - Fri. 03.07.15: French papers continue to focus on the Greek debt drama and call on the EU to learn the lessons from this crisis. Also, a court overturns the...

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2015-07-02 Greece

Obama: Peas in guacamole are a no-no

INTERNATIONAL PAPERS - Thurs. 02.07.15: The Greek debt crisis is still in the spotlight. Papers also focus on the Islamic State group in Egypt, restored diplomatic ties between...

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