In The News

FCC Vote on "White Spaces" to Be Delayed?

Cyrus Farivar October 28, 2008
Besides the presidential election, November 4 marks another big vote in the US, with the Federal Communications Commission set to decide whether to open its white space – unused space between channels that produces static on televisions – for unlicensed use that could potentially allow universal broadband access throughout the US. The amount of white space will increase after the US moves to...

Drawing the Wrong Lessons

Shashi Tharoor October 14, 2008
Some leaders from poor nations gloat about the global credit crisis and point fingers of blame at liberal, open-market policies. “In India, the debate between capitalist globalization and self-reliance required a huge paradigm shift,” writes Shashi Tharoor for the International Herald Tribune, noting that while the West associates capitalism with freedom, nations like India associate it with...

Keeping Up With China's Olympic Shine – Part II

Alexandra Harney September 24, 2008
China has become known as factory to the world – as manufacturers invested in factories to take advantage of a labor force that accepts low wages and a government with minimal environmental standards and even less enforcement. Shoppers like low prices while the companies enjoy immense profits. China, indeed the entire world, pays a heavy price for manufacturing firms gathering in a place with...

Is Mexico the New China?

Rafael Rivero, Sara Miller Llana September 17, 2008
With uncertainty in oil prices and rising labor costs in Asia, Mexico is luring manufacturing jobs away from China. US companies seek manufacturers close to US markets, an attempt to curb transport costs. Chinese workers also demand protections and higher wages. An emphasis on public and worker education also attracts jobs: Mexico has emphasized worker education, which complements value-added...

Carry On China

Nayan Chanda August 30, 2008
The decoupling theory suggests that China, in a league of its own, will expand voraciously on its own terms despite the beleaguered world economy. Although the Beijing Olympics demonstrated a superiority that supports this theory, China remains immutably linked with the world. Though China may want to remain the top global manufacturer, the nation cannot control foreign demand for manufactured...

Japan to Launch Carbon Footprint Labeling Scheme

Justin McCurry August 22, 2008
Japanese consumers take environmental protection into account while choosing products, even suggesting in surveys that they don’t mind spending extra to purchase environmentally-friendly products. So the Japanese government has devised an intricate system to calculate and inform consumers on labels the level of carbon emissions associated with each product. Companies quickly supported the plan to...

Shock Absorber: US Retools Economy, Curbing Thirst for Oil

Justin Lahart August 18, 2008
As demand for oil surged and the world contended fleetingly with record-high prices, the US quickly adjusted: Companies develop new strategies to lower energy costs, and consumers turn to energy-efficient products. As the world’s largest user of energy products, the US can drive prices. “Whether this newfound energy austerity alters the fabric of American life in a lasting way will depend partly...