Our focus in the new year is on investing for innovation and growth, delivering extreme value to our customers, and executing with consistency.

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Platonic and romantic relationships are a challenge for people who value extreme independence and constant new experiences.

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Traditional responses to the risk of extreme events are of limited value in mitigating risks of a mega-catastrophe.

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Read with interest the discussion between Prof Yunus and Vikram Akula. i believe they have both taken extreme positions and hence not of much value to the rest of us.

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Next, the anti-big banksters do not observe how big banks function in the real world, their role in an abundant and vast financial ecosystem with its countless players and its large array of financial niches, the value large banks add, the extreme adaptivity of the private sector even to severe negative events, and the self-correcting properties of the markets.

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It's a legal product with harmful effects so governments should rather focus their attention on educating people rather than going and trying and demonize the industry, drive extreme regulation, drive extreme taxation and now even right down to the most vulnerable in value chain, which are the farmers, the soft underbelly of the sector.

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Admittedly, that includes the value of debt relief itself, and Mozambique's experience is extreme.

ECONOMIST: Economics focus

Second, markets spend very little of the time at fair value (on Mr Reid's calculations), tending to veer wildly from one extreme to another.

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Take another period characterized by extreme volatility and fear, when there was conflict in the Middle East, oil-related inflation shocks, declining value in the U.S. dollar, rising U.S. unemployment and a strong resolve from the Fed to act aggressively.

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