In The News

The recent record surge in oil prices has led many OPEC countries to re-evaluate their energy demand. This Outlook India commentary suggests that these newfound concerns are only the beginning of a worldwide reckoning of oil security. Rising prices are a symptom not of an impending global supply crisis, but of a concentration of reserves and an enormous projected leap in production in primarily...

Much to the distress of their US competitors, Chinese manufacturers are charging very low prices for their furniture. They can do so because, as environmentalists are increasingly discovering, they benefit from large, cheap supplies of illegal timber imported from all over the world. Much of this timber comes from rare hardwood forests, which are being depleted by illegal logging. China has...

The Kyoto Protocol to combat global climate change goes into effect today, February 16. This treaty, signed on December 11, 1997, is an international effort to protect the earth's climate and slow down global warming. Today, 141 countries have ratified the agreement, and 34 economically advanced countries have accepted the Protocol's targets on reduction of greenhouse gas emissions....