In The News

China’s Next Big Boom Could be the Foul Air

Jim Yardley October 31, 2005
China’s rise has both staggered and threatened the rest of the world. Sometimes the portrayal of China's military power as a threat has been exaggerated. An announcement by a top Chinese environmental official last week, however, introduced a statistic that is true cause for anxiety. Pollution levels in China could more than quadruple in the next 15 years if China does not slow its energy...

Terrorism and Oil

Mohamed Sid-Ahmed October 24, 2005
When the price of oil spiked in the 1970s, the profits were lost to corruption and thus only deepened oil-producing nations’ social problems. We can do much better this time, argues Mohamed Sid-Ahmed: the current boom in oil prices is an opportunity for oil producers to further develop their economies and lift their societies from poverty. There are signs of encouragement on this front: today...

Bolivia Provides a Tragic Lesson for Latin America

Norman Lamont October 21, 2005
Bolivia often escapes the notice of Europeans and Americans, writes Norman Lamont, and the country's current troubles merit much greater international attention. Bolivia has seen several governments overthrown over its recent history, and its likeliest contender for the leadership, Evo Morales, now seems determined to force through measures that will further destabilize the country. Morales...

China Builds Its Dreams, and Some Fear a Bubble

David Barboza October 18, 2005
China is experiencing a building boom, the scope of which means that cities like Shanghai now dwarf New York in terms of skyscrapers and vast networks of upscale apartment complexes. As a result of its unprecedented construction sector growth, China is scouring the world for energy and natural resources so that its cities, 170 of which have more than 1 million people, can meet and surpass Western...

As Polar Ice Turns to Water, Dreams of Treasure Abound

Clifford Krauss October 11, 2005
What will be left when the Arctic's polar ice cap is gone? The answer, in the eyes of the nations who border the Arctic Ocean, is untapped economic opportunity. New oil deposits, new fisheries, and new trade routes – including the fabled Northwest Passage – all promise tantalizing riches to what are now barren, frozen outposts. But who will get to tap those riches? Russia, Canada, Norway...

Why Did We Say Nay?

Prem Shankar Jha October 4, 2005
India, once the champion of the Cold War Non-Aligned Movement, has long valued its diplomatic independence and domestic self-sufficiency. Unsurprisingly, then, the world's largest democracy's recent vote – alongside the United States – to censure Iran under the edicts of the Nuclear Non-Proliferation Treaty triggered a public uproar. From across the Indian political spectrum, critics...

Undue Fears of China Inc?

Paul Mooney September 29, 2005
Nearly two decades after fears of a Japanese industrial takeover reached fever pitch in the United States, expansionist moves by Chinese corporations have triggered alarms around the world. Last summer, when Chinese companies CNOOC and Haier attempted to buy Unocal and Maytag, respectively, American critics imagined the sinister hand of the Chinese state wrenching control of US assets and markets...