"Despite the large number of mergers, and the growth in the absolute size of many corporations, the dominant tendency in the American economy at the beginning of [the 20th] century was toward growing competition. Competition was unacceptable...it was not the existence of monopoly that caused the federal government to intervene in the economy, but the lack of it."

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This year marks 20 years since the Rwandan genocide -- the world's greatest humanitarian tragedy of the late 20th century. The international community had pledged 'never again' in the aftermath of the genocide in the former Yugoslavia and Rwanda in the 1990s. Yet, we are witnessing today a different type of humanitarian disaster unfolding in Syria and Iraq.

— Park Geun-hye