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EYE ON AFRICA

South African President Zuma advised to pay $510,000 for home upgrades

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MEDIAWATCH

Post-Referendum Racism

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THE DEBATE

Messy Divorce: EU, UK scramble after Brexit vote (part 1)

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THE DEBATE

Messy Divorce: EU, UK scramble after Brexit vote (part 2)

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THE OBSERVERS

Introducing "Observers take action"!

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TALKING EUROPE

UK votes to leave the EU: What now?

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ENCORE!

Music show: Metronomy, Celine Dion, Snoop Dogg and Jazz

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FOCUS

Drug dealers of hope: Activists fight for access to life-saving Hepatitis C cure

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THE INTERVIEW

Panama Papers scandal: 'This is a real crime'

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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

2016-06-27 Brexit

Leave campaign is suffering from 'Bregret'

IN THE INTERNATIONAL PAPERS - Monday, June 27: Britain and the EU are grappling with a post-Brexit crisis, the world papers report. Also, it appears that members of the Leave...

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2016-06-27 Brexit

'A Europe of the people' (minus the UK)

IN THE FRENCH PAPERS - Monday, June 27: It's all about Brexit in the French papers. Three different newspapers are all calling on EU leaders to rebuild Europe and make it about...

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2016-06-23 European Union

Britain's 'Day of Reckoning'

As Britain heads to the polls, the "Brexit" referendum is dominating newspapers in and out of the UK. France's La Croix calls June 23rd "D-Day" while Libération wonders "Qui est...

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2016-06-22 labour law

Government and trade unions 'arm-wrestle' over labour reform

FRENCH PAPERS - Weds. 22.06.16: Papers are continuing to focus on the arm-wrestling match between the government and trade unions. The government has drawn criticism for...

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2016-06-21 Italian politics

From Rome to Paris, women are conquering European cities

INTERNATIONAL PAPERS - Tues. 21.06.16: Papers continue to focus on the big wins for the anti-establishment Five Star Movement and women in local Italian elections. Also, British...

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