Asian central banks are running out of ammunition to fight their currencies’ biggest rally since 1998, paving the way for South Korea, Taiwan, Indonesia, Thailand and India to help lead foreign-exchange performance next year.

Indiana University professor Elinor Ostrom became the first woman to win the Nobel Economics Prize when she received it with Oliver Williamson for research into the limits of markets and how organizations work.  Ostrom, in work that links the economy with the environment, has shown that informal groups can sometimes manage natural resources such as forests and lakes better than private companies or the government.

Neill Junor remembers the exact moment he decided to quit snorting cocaine. On a chilly December afternoon in 2005, the former equities analyst took a stroll in London’s deer-filled Richmond Park to select the tree from which he would hang himself.