In The News

Liverpool Bid

May 19, 2004
Thai Prime Minister Thaksin Shinawatra has recently expressed interest in purchasing a 30 percent stake in England’s Liverpool football club, a move which has raised eyebrows in Thailand. Thai regulatory measures might make such an investment problematic, as there is uncertainty about whether foreign investments undertaken by the government must be approved by the central bank. The proposed bid...

A Change in the Climate

Vanessa Houlder May 19, 2004
The efficacy of the 1997 Kyoto environmental treaty, designed to limit greenhouse gas emissions worldwide, hangs on Russia’s actions in the coming months. The protocol requires the participation of 55 percent of industrialized nations, and without Russian support, it lacks a deciding vote. Internal debate in Russia has focused the potential economic impacts on its struggling economy; those in...

On China's Rise

Ernesto Zedillo May 18, 2004
Ernesto Zedillo, director of the Yale Center for the Study of Globalization and former president of Mexico, recently visited China, where he attended a regionally important Asian economic conference. In this column in Forbes Magazine, he pens his impressions of China's economic development, gathered from public and private meetings with Chinese government officials during his trip. Zedillo...

State Department Rights Report Released After Delay

Salamander Davoudi May 18, 2004
The US State Department's annual report on human rights and democracy comes in the wake of the Abu Ghraib prison scandal. The controversial episode, in which Iraqi prisoners were abused by U.S. soldiers, has sparked a worldwide debate about the U.S.'s own human rights record. In fact, says Lorne Craner, assistant secretary for democracy, human rights and labor, the Abu Ghraib prison...

Globalisation in African continent

Syed Jamaluddin May 18, 2004
A host of factors, including the continent-wide financial, industrial, and political difficulties since the end of the colonial age have reduced economic performance in Africa to often pitiable levels. Despite starting “from behind” and the current obstacles to economic growth, this editorial highlights progress Africa has made, and the future development that can be speeded up by proper...

U.S. Speeding Up Approval Steps for AIDS Drugs

Lawrence K. Altman May 17, 2004
In its efforts to distribute cheap and easy-to-use drugs,the global fight against AIDS has encountered serious roadblocks in the past. Local governments and pharmaceutical companies have often fought against generic AIDS drug distribution. Now, the US – which has been accused of slowing the process more than any other country – is willing to give in a bit to quell global criticism. At the...

Egyptians decry 'gay' U.S. abusers in Iraq

Patrick Letellier May 17, 2004
Three hundred Egyptians rallied in Cairo last week, blaming the recent abuse at Abu Ghraib prison on “homosexual American executioners.” Graphic photos of American soldiers torturing and sexually abusing Iraqi prisoners have inspired anger across the Middle East. The Cairo protest worries human rights advocates, who say that tying torture to homosexuality fits into a larger political agenda. The...