He notes that services make up well over half of economic activity in most rich countries, but there are no common standards for measuring their inventiveness.

ECONOMIST: Promoting innovation

The Financial Times says Algeria has long feared that an upsurge in militant activity could threaten its valuable southern region - rich in oil and gas.

BBC: Papers

South Korea is likely to see a pickup in merger-and-acquisition activity this year, as its cash-rich companies shop for overseas assets and as the government is expected to renew efforts to unload state-held stakes now that December's presidential election is over.

WSJ: Korea Is Primed for M&A Deals