The Olympics have probably gone past the point of no return, but staging another sporting jamboree so soon, when money is so tight, may look like a luxury too far.

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Still, Liz is certainly correct that we place far too much of a priority on spending money building and then dropping bombs, when we should be devoting our economic and psychological resources to building and deploying young minds.

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One criticism levelled at fusion research is that it will not provide an energy source soon enough and that far too much money is being poured into a long-term gamble.

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If the bathroom is too far-gone, you may want to spend the money on a tiler to regrout the tile.

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Half of all shares traded on Kosdaq come from Internet orders, a proportion that far outstrips even the U.S. Foreign money is goosing the Kosdaq too, with America a prime source.

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"To be honest, I've been far too busy during the past few days to take a close look at the new money" Ms Neumann says.

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