In The News

May 13, 2005
The decision to allow new member states into the European Union has been met with vigorous debate in the past year, with none as contentious as that of Turkey's inclusion.Though Turkish officials declare their commitment to whatever actions will further the nation's bid, a host of obstacles still remain in the path to full membership. Tensions between Turkey and Cyprus in the past may...
Paul McDougall May 11, 2005
In the United States, mere mention of the term "outsourcing" will likely ruffle protectionist feathers. For companies who prefer to keep their operations within US borders, there are other options – besides relying on overseas labor – for trimming expenses. More businesses have begun to "insource," or outsource IT work to smaller cities within the 50 states. Though hourly...
Doreen Carvajal May 6, 2005
A late-1980s campaign to help small coffee growers has blossomed into a US$500 million industry. Fairtrade goods, from bananas to cotton, aim to appeal to Western consumers' consciences by supporting above-market compensation for third-world growers. Though the industry has indeed flourished in the past few years, as the International Hereald Tribune writes, "the business of...
Jehangir S. Pocha May 5, 2005
Only weeks ago, Chinese Premier Wen Jiabao uttered the now famous words, "Japan needs to face up to history squarely." China has adamantly demanded that Japan come clean about its past war indiscretions, an issue that has provoked lively public debate. At the same time, Beijing has remained mum regarding its support for Cambodia's Khmer Rouge in the mid- to late-1970s. Today,...
Catherine Riungu May 4, 2005
In the wake of a diplomatic resolution to a decades-old civil war, Sudan is attempting to rebuild its aviation industry. While fighting continues and many thousands of refugees still live in fear and abject poverty, the country's Ministry of Civil Aviation is looking for ways to pick up the pieces and move forward. In the past, Sudan's air travel industry was among the region's...
Priya Shetty May 4, 2005
Countries worldwide are investing more and more in research and development on diseases and drugs to fight them. But few of these projects are aimed at illnesses afflicting the world's poorest regions – illnesses which account for widespread death and devastation. A major reason for this neglect is the patent system, which prioritizes duplication over innovation; new global intellectual...
Sarah Schafer May 3, 2005
While China is already a world economic powerhouse, it has produced virtually no global companies. Haier, arguably China's most respected business leader, aims to change this. With over US$10 million in debt in the early 1980s, the firm started from humbled beginnings. Today, though, Haier is one of the world's top five producers of household appliances, with 30,000 employees and more...