In The News

Tough Road Ahead

Nayan Chanda November 7, 2008
The US, as the world’s largest economy, is inextricably linked into the global economy. Foreign observers anticipate a new spirit of cooperation emerging from Washington, and Barack Obama, as the next US president, must remind Americans that their ongoing prosperity has been rooted in the nation’s engagement with the world, notes Nayan Chanda, YaleGlobal editor, in his column for Businessworld....

How 6 Parts Nearly Delayed World's Biggest Airliner

Chana Joffe-Walt November 6, 2008
Manufacturing can’t always keep pace with new products and ideas, and that is the case for some giant ball bearings, a needed part for major aircraft as well as wind turbines, reports Chana Joffe-Walt for National Public Radio. After calling his supplier in Germany, a US engineer working on the Airbus A380 was surprised to learn that delivery of the custom ball bearings would take 18 months and...

Is This Our War?

Ijaz Hussain November 5, 2008
Pakistanis are ambivalent about their role in the US-led war on terror. The country is a major ally for the US and NATO as it tries to rout the Taliban from the region. The war has diminished respect for Pakistan’s boundaries and sovereignty: Extremists from Afghanistan escaped into the remote tribal regions of Pakistan, crossing borders to attack US and moderate Pakistani institutions; likewise...

The World Looks to Obama – Part I

Bruce Stokes November 5, 2008
Tackling global challenges is nearly impossible when the world’s sole superpower – the largest economy, the largest user of energy, the most powerful nation technologically – does not pitch in. A YaleGlobal series analyzes foreign reaction to the US election and explores how President-elect Barack Hussein Obama is likely to respond to the global expectations from his presidency. In the first...

A Spanish Blowout: The Iberian Giants of US Wind Energy

Mark Scott November 4, 2008
Because they enacted strict emissions limits early and their business models adapted, two countries have a head start in developing alternative energy from wind – Portugal and Spain. As a result of that head start and a global credit crisis, major wind-energy companies from Spain and Portugal are aggressively pursuing wind projects overseas, including the US. Small wind-farm firms in the US find...

The Global Financial Crisis: Lessons for the United States and China

Albert Keidel November 3, 2008
Some analysts in emerging economies make the mistake of assuming that the current global financial crisis reveals weaknesses in the political and economic systems of scientifically and economically advanced nations, notes Albert Keidel, senior associate with the Carnegie Endowment for International Peace. Such systems are works in progress, and crises that emerge from mistakes, bubbles, the lack...

Americans Hold Our Futures in Their Hands

Khalaf Ahmed Al Habtoor November 3, 2008
US voters in some states already wait in long lines to cast votes in a historic election, and the rest of the world can only wait and watch. The next US president will confront immense challenges and responsibility. “The person they decide upon this time literally has the power to make or break the futures of not only Americans but billions of their fellow global citizens,” writes Khalaf Ahmed Al...