In The News

Indo-Iranian Ties: Thicker Than Oil

C. Christine Fair June 14, 2007
Both India and Iran have ambitions to be major powers in Asia. With Iran and the US at odds over Iranian nuclear development and conflict in Iraq, India must balance its ties with both. Even though both Iran and India express concern about unipolarity and US attempts to display power throughout Asia, the Bush administration in the US has not regarded the India-Iran alliance as a matter of great...

Tainted Chinese Imports Common

Rick Weiss May 24, 2007
US inspection records are showing that imports from China are unfit for human consumption.The US Food and Drug Administration has detained more than one thousand shipments at ports containing tainted Chinese dietary supplements, toxic cosmetics and counterfeit medicines. Consumer activists and politicians, upset about contaminated food products, are demanding action. With the numerous pet deaths...

Bush and Democrats in Accord on Trade Deals

Steven R. Weisman May 11, 2007
After weeks of negotiation, the Bush administration and congressional leaders have worked out an agreement on how to include environmental and worker protections in trade deals. “The unusual agreement, which came after weeks of negotiations, would guarantee workers the right to organize, ban child labor and prohibit forced labor in trading-partner countries,” writes journalist Steven Weisman. “...

Save the WTO From the Doha Round

Ernesto Zedillo May 9, 2007
The World Trade Organization launched the Doha Round of negotiations to ease trade restrictions and reduce poverty. Attempts to revive the negotiations – stalled since summer of 2006 as the world’s wealthiest nations quarrel over how to end agricultural subsidies – continue to be stymied. The next development, predicts Ernesto Zedillo, director of the Yale Center for the Study of Globalization...

From China to Panama, A Trail of Poisoned Medicine

Walt Bogdanich May 8, 2007
In 1937, more than 100 people in the US died, after taking medicine that contained diethylene glycol, a solvent used in some anti-freeze products that looks and tastes like glycerin syrup, a common base for cough syrup and other medical products. The tragedy led to tough regulations and the start of the modern Food and Drug Administration. Decades later, counterfeiters in China tried the same...

Who's Your Big Brother? NAFTA, the EU, and International Trade and Development

May 7, 2007
Economic integration schemes have a powerful impact on growth in developing nations, reports Gerald McDermott, Lazlo Bruszt and Vanesa Sanchez in a paper “International Integration Regimes as Development Programs: A Comparison of EU and NAFTA Accession Processes” for Knowledge@Wharton, an online business publication of the University of Pennsylvania. Economic indicators suggest that European...

Filler in Animal Feed Is Open Secret in China

David Barboza May 4, 2007
Since it joined the WTO in 2001, China has come under increasing pressure to crack down on manufacturing of counterfeit and illegal goods within its borders. Beyond intellectual property concerns, safety fears are becoming increasingly prominent amid criticism of China’s lax enforcement against counterfeiters. Tales of fake medicines on US shelves and faithful replications of name-brand cars on...