In The News

Obama Seeks to Repair Frayed Ties With Saudi Arabia

Ellen Knickmeyer, Maria Abi-Habib and Ahmed Al Omran March 31, 2014
US President Barack Obama visited Saudi Arabia, its key Arab ally in the region, reinforcing relations, but with no policy changes announced. Saudi Arabia had hoped to convince the United States to supply Syrian rebels with more weapons and move cautiously on renewing ties or lifting sanctions for Iran, a strong ally to the Assad regime. “The Obama administration's reluctance to authorize...

NSA Breached Chinese Servers Seen as Security Threat

David E. Sanger and Nicole Perlroth March 24, 2014
US officials long blocked the Chinese telecommunications firm Huawei from business deals for its supposed link with the Chinese military. “But even as the United States made a public case about the dangers of buying from Huawei, classified documents show that the National Security Agency was creating its own back doors – directly into Huawei’s networks,” report David Sanger and Nicole Perlroth...

Bloomberg Should Have Rethought Articles on China, Chairman Says

Neil Gough March 21, 2014
The chairman of Bloomberg L.P. waved a white flag over news coverage on China – and suggested that investigative journalism is inappropriate for a company that sells expensive business terminals. Peter T. Grauer’s comment as reported in the New York Times – “Our approach is pretty much to tune out all the news about weaknesses in the emerging markets” – implies that the company can sell a product...

The US Economy Grows, But Jobs Don’t

Ashok Bardhan March 13, 2014
The US economy is growing, but employment is not keeping pace. A reliable supply of natural gas and dropping prices, high-tech manufacturing, and big-data analysis offer economic promise. Technology of all kinds contributes to efficiency and productivity. Firms consider returning facilities in the United States – a trend that has been named in-shoring or re-shoring. Growth is losing speed in...

US FDA Chief: If You Want Our Market, Meet Our Standards

March 4, 2014
US regulators seek cooperation on quality control from its supplier of foods and medicines. "If Indian pharmaceutical companies want to sell in the US, they need to comply with our standards, practices and expectations,” said Margaret Hamburg, commissioner of the US Food and Drug Administration, according to a report in the Times of India. She offered the comments during a trip to India and...

Venezuela Unrest Shakes Up Opposition

Andrew Cawthorne and Diego Ore February 28, 2014
Protesters and opposition candidates blast Venezuela for problems listed by the US Central Intelligence Agency: “a weakening of democratic institutions, political polarization, a politicized military, rampant violent crime, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples.” Reuters...

America's Energy Edge

Robert D. Blackwill and Meghan L. O'Sullivan February 26, 2014
Discoveries of shale energy throughout the Americas and beyond will upend geopolitics. “The fracking revolution required more than just favorable geology; it also took financiers with a tolerance for risk, a property-rights regime that let landowners claim underground resources, a network of service providers and delivery infrastructure, and an industry structure characterized by thousands of...