The United Nations, with 192 member nations, has global authority to take action on problems ranging from climate change and famine to security matters. However, when corruption or problems emerge, such as former Iraq leader Saddam Hussein removing funds from the UN oil-for-food program, designed...
Click here for the original article on Project Syndicate's website.
Venezuela had strong ties with the United States until 1998, when Hugo Chávez was elected president. With the world’s largest proven oil reserves, the country of 32 million should be wealthy. But Chávez and Nicolás Maduro revised the constitution, concentrating presidential power in their hands,...
Bread and oil: Venezuelan President Maduro’s ties with Russia's Vladimir Putin have not helped in solving Venezuela’s hunger and angry demonstrations
NEW YORK: Since the election of Hugo Chávez Frias to the Venezuelan presidency in 1998, followed...
Countries around the world have their hands full responding to the Covid-19 pandemic and cannot afford missteps in other areas. In early March, OPEC nations failed to reach agreement with non-OPEC nations to limit oil production, and Saudi Arabia responded by opening the pumps, forcing prices to...
As an economic recession sweeps the world, the countries that have benefited most from free trade have now become wary. “Free trade is far from perfect, but the alternatives are worse,” insists Frank Trentmann, professor of history, in an essay for Project Syndicate. “Protectionism is bad for...
Click here for the article on Project Syndicate.
Ernesto Zedillo, director of the Yale Center for the Study of Globalization and former president of Mexico, recently visited China, where he attended a regionally important Asian economic conference. In this column in Forbes Magazine, he pens his impressions of China's economic development,...
I recently spent ten days in China, where I attended, among other meetings, the Boao Forum, China's quite new, but already regionally important, annual Asian economic conference. I listened--both in public and in...
President George W. Bush is supposed to stand for free trade and open immigration. However, his recent policies speak otherwise. New steel tariffs have been applied in a preferential fashion, and immigration initiatives favor Mexicans.
While some friends of the U.S., like Brazil, South Africa, and...
Trade and immigration policy were two of George W. Bush's chief claims to virtue. The US president stood for free trade, never once surrendering to the protectionist slogan "free but fair trade", unlike many Democrats....
On September 26 Saudi Arabia announced an end to its longstanding ban on female drivers. As the lone country in the world “to have such a stricture … [the law has become] a symbol of the ultraconservative kingdom’s repression of women.” As the Economist observes, “For many Saudi women, the change...
Leaving behind its history as an underdeveloped state dependent on US foreign aid and security umbrella, South America’s largest nation has ridden the wave of globalization to become a formidable economic and diplomatic power. In just two decades, Brazil cultivated a middle class by opening its...
Teasing Washington: Brazilian President Lula da Silva receives Iranian President Mahmoud Ahmadinejad
WASHINGTON: In 1964, in the lead up to a coup that opened 21 years of military rule in Brazil, a popular bumper sticker in Rio de Janeiro read: “...