As profits surge, financial players eschew government intervention, but crave rescue as problems emerge. Public confidence in banks around the globe could make a cautious comeback, after the UK-led massive semi-nationalization of banks with "equity injection." This YaleGlobal series...
Will the smile last? Trader at Frankfurt Stock Exchange is relieved as the market rises, following UK-led intervention
STAMFORD: Lingering hope that by some ad hoc measures Europe could isolate its economies from the financial cyclone battering...
New evidence involving plant remains and pollen samples from areas in Peru formerly inhabited by the Nasca civilization has led a team of archaeologists to conclude that the fall of the Nasca society was triggered by human intervention in the delicate ecosystem on which it depended. The evidence...
Click here for the article from the University of Cambridge.
As the election-related violence in Iran continues, help for some opponents of the current regime has come from an unlikely source: China, or more accurately Chinese living abroad. “Censorship-evading” software that helped the Falun Gong movement to spread its message is being used by close to 400,...
Click here for the article on The New York Times.
Overseas operations have long helped carry the US car companies through hard times. But the current economic crisis is especially severe, as US car companies confront mounting health-care costs and reduced credit, an abrupt reduction in demand for oversized vehicles, volatile fuel prices which...
Click here for the article on The New York Times.
Republicans have criticized Democratic health-care reform plans that rely on greater government involvement, arguing government will only increase costs and diminish the quality of care. Yet, Yale political science Professor Jacob Hacker suggests that the US government has a role in health care –...
Click here for the original article on The Washington Post.
Shoppers like a steady stream of favorite fruits and vegetables year-round. “Consumers in not only the richest nations but also, increasingly, the developing world expect food whenever they crave it, with no concession to season or geography,” writes Elisabeth Rosenthal for the International Herald...
ROME: Cod caught off Norway is shipped to China to be turned into filets, then shipped back to Norway for sale. Argentine lemons fill supermarket shelves on the Spanish Citrus Coast as local lemons rot on the ground....
Nearly three decades after the Iran hostage crisis, confrontation with Iran may again make November’s presidential election susceptible to an “October surprise.” Amid reports that US Special Forces are already operating in Iran, the specter of an escalating conflict with Tehran looms over the...
Click here for the article on US News & World Report.
Global trade is suspect among some in the West because of globalization’s implied dichotomy of winners and losers. Fearing displacement of North American jobs, many US workers have little faith that globalization delivers wide-scale benefits. Citizens rally around globalization efforts more readily...
For the past few years, the world economy has been growing faster than it has for decades, and that growth has been spread across the globe. Yet accompanying this prosperity is mounting skepticism about globalization...