Egypt initially resisted theories that a bomb brought down Russian Metrojet Flight 9268 in the Sinai Peninsula, killing 224. Evidence suggests that extremists may have planted a board onboard the plane, and other countries are reacting, including the United Kingdom, which suspended flights to the...
Read the article from Al Arabiya.
Global consumers regard child labor, human trafficking and slavery as despicable yet most do not stop to consider the source and low prices of high-fashion clothes with intricate details. Julia Hartley-Brewer, writing for the Telegraph, contends that “when it comes to modern-day slavery, we are...
Read the article in the Telegraph.
New businesses emerge and expand, disrupting established businesses with unprecedented speed: “companies like Airbnb, Amazon, Apple, and Uber exemplify a different kind of transformation: agile players invade other, seemingly unrelated industries and brilliantly exploit huge but previously unseen...
Click here for the article in Project Syndicate.
The price of oil has fell from $110 per barrel to about $60 per barrel for a combination of reasons: Increased US oil production has upended global markets; Nigeria once delivered a million barrels a day to the US; that dropped to zero this summer. Now oil-producing nations like Nigeria, Saudi...
Since the 1970s, Nigeria has sent a steady stream of high-quality crude oil to North American refineries. As recently as 2010, tankers delivered a million barrels a day.
Then came the U.S. energy boom. By July of this year, oil imports from Nigeria...
US political leaders are fretting about the need for tax reform as US companies purchase partners in tax-friendly countries, relocating their headquarters and tax base. The latest example is Burger King’s proposal to purchase Tim Hortons restaurant chain, based in Canada. The United States may be...
Click here for the article in Roll Call.
Any report warning of global warming or climate change should carry the disclaimer, “we now lack the technologies to stop it,” argues Robert J. Samuelson in the Washington Post. The economics column reflects the widespread impatience over scientific research and response on a complex problem that...
Click here for the article in The Washington Post.
The world’s third largest economy is stepping up its foreign-policy game, with interest in Africa as a continent for commodities, markets and investments. Prime Minister Shinzo Abe is leading a delegation to sub-Saharan Africa, and Japan joins India, Brazil and especially China in courting the...
Click here for the article in Financial Times.
A UN panel that assesses and advises on climate change reports the phenomenon is well underway and likely to get worse, with human emissions as the cause. The Intergovernmental Panel on Climate Change has also listed a carbon budget for the globe: “To stand the best chance of keeping the planetary...
Click here for the article in The New York Times.