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a John A. Quelch Richard Quest Ricardo Quijano Jimenez Alonso Quintana Moayyed Al Qurtas Rani Raad Thomas Rabe Tawfig bin Fawzan Al Rabiah Gideon Rachman Neel C. Raheja Jydci Raina Krishnan Rajagopalan Sir Michael Rake Subramanian Ramadorai Srikrishna Ramakarthikeyan Shanker Ramamurthy Kavi
Holding AS Turkey Kelvin Dushnisky Senior Executive Vice-President Barrick Gold Corporation Canada Jean-Pascal Member of the Board PPF Group Czech Republic Duvieusart Arkady Dvorkovich Deputy Prime Minister of the Russian Federation Mark R. Dybul Executive Director The Global Fund to Fight Switze
Ses 2 Fea f = 2 22 3 sf SE a te ge < = 2 zs eer 8 = = 3 wn New Zealand Data as of December 31, 2016. Source: Investment Strategy Group, Bloomberg. Czech Republic South Africa 60 | Goldman Sachs | JANUARY 2017 HOUSE_OVERSIGHT_014593 --- PAGE BREAK --- incorporates this view, as we are neutral on the euro, y
Page: HOUSE_OVERSIGHT_014594 →rse scenario. Jernej Omahen, “Stress Test: Worst Fears Avoided; Capital Divergence Widens,” Goldman Sachs Global Investment Research, July 31, 2016. Gideon Rachman, “Marine Le Pen Looms Over a Trumpian World,” Financial Times, avember 21, 2016. Charles Lichfield, “Fillon Presidency Now More Likely Than a Juppé
Page: HOUSE_OVERSIGHT_014615 →ard Israel Richard Cohen Article 2. Boston Globe Turkey's new challenges Stephen Kinzer Article 3 The Financial Times Why Syria will get away with it Gideon Rachman Article 4. The American Interest The Conservative Revolutionary Walter Russell Mead Article 5 NYT Iran Without Nukes Roger Cohen Article 6 NATIONAL R
Page: HOUSE_OVERSIGHT_031876 →hat would be a nice surprise, but we should not be placing large bets that this will actually happen. China, by the way, does not look very much like the Czech Republic. Revolution there is very unlikely to produce a US or European style democracy anytime soon. If realists ignore the inevitability of revolution, idea
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