If you believe money has a strangle hold over the entire political system this is ceding the moral high ground.

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As the crisis developed and the various warnings were relayed to us over the camp tannoy system, I got hold of a little transistor radio.

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This should hold us over until we develop a thorough, sophisticated land-based antiballistic missile system.

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Still, state-controlled banks, which hold the majority of assets in the financial system in China, Russia and India and over 40% in Brazil, will have to juggle their dual personalities as independent agents (often with minority stockmarket listings) and public servants.

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Congress was able to extend health-insurance coverage to almost everyone and to eliminate some of the system's inequities, but it balked at measures designed to hold down costs over the long term.

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Locals can hope to hold one advantage over specialized foreign rivals: a better feel for the country's still-murky legal system.

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Svyazinvest's bosses will therefore have power over almost all of Russia's communications system (in many regions, the local telephone firms also hold the first cellular-telephone licences).

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