During the Cold War, scientists working at the laboratories of the Massachusetts Institute of Technology produced ideas and inventions, such as distant early- warning radar and satellite-tracking systems, designed to help the U.S. prevail over the Soviet Union.
Bill Gross, manager of the world’s largest bond fund at Pacific Investment Management Co., said Greece is likely to remain in the euro zone. It “would be better to drop out” and then come back, he said.
It was exceptionally cold in Sulaymaniyah, a city in northern Iraq’s Kurdish region, on the morning of Dec. 22. Shwan Taha was sitting in the airport lounge with a bag of gifts, waiting to get back to his wife and children at home in Istanbul.