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South Africa Defends Refusal to Unfreeze Libyan Assets

August 29, 2011
With the Gaddafi regime on the run, the US proposed that the UN Security Council release Libya’s assets to the nation’s Transitional Council. South Africa has balked, approving humanitarian assistance while insisting on prior official UN recognition of the transitional council. “The government of...

Time to Bury a Dangerous Legacy – Part III

March 19, 2008
Proponents of nuclear weapons suggest that eliminating the arsenals of world powers could endanger the world. Such analysts contend that nuclear weapons deter threats, preventing both nuclear and even conventional war while providing political stability. Author Jonathan Schell challenges those...

Globalization Has Left Central Banks Facing a World of Growing Economic Uncertainties

March 7, 2007
The macroeconomic policies of the world’s central banks are crucial for economic growth. By changing interest rates or adjusting the money supply, these banks keep inflation at low levels, thereby ensuring stable prices. That stability rests in large part on the predictability of the central banks...

A Bombing Shatters the Saudi Art of Denial

May 18, 2003
Until the recent car bombings in Riyadh linked to Islamic fundamentalist group Al-Qaeda, Saudi Arabia’s rulers, the Al-Sauds, had been able to keep up a pretty good balancing act. It seemed they were able to maintain absolute political control while they negotiated with religious leaders the rights...

A Dissenter on Outsourcing States His Case

September 7, 2004
The issue of outsourcing has polarized the intellectual community, and the most recent rebuttal comes from Nobel laureate Paul Samuelson. In a soon-to-be published journal article, the distinguished economist challenges the prevailing theory that the US economy will, in the long-term, benefit from...

Free Trade, Loss of Support Systems Crippling Food Production in Africa

February 18, 2010
Free trade and privatization, two hallmarks of development strategy in the last few decades, have not produced the intended benefits in developing countries. In fact, these policies increased poverty and decreased food production, exacerbating food shortages in the developing world like the one in...

A Loud Message for Bush

November 8, 2006
Voters in the US soundly rejected policies of the Bush administration and the Republican Party by giving Democrats a secure majority in the House of Representatives and possibly even a slim majority in the Senate. All 435 members of the House ran for reelection and 33 of the 100 senators. The race...

Sony Leads Charge to Cash in on Iraq

April 10, 2003
Sony has registered the phrase “shock and awe,” used to describe US military tactics at the beginning of the war in Iraq, for a possible computer game. However, the game may not be sold in Britain and Europe if the scenario is set in Iraq owing to the European criticism of the war. Sony registered...
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