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Reuters: British Foreign Secretary Quits Over Brexit Plan

July 9, 2018
European nations share many trade, travel and security benefits from membership in the European Union. In 2016 with a close vote, British voters supported leaving the union after assurances that exit would be easy. As details on Brexit costs emerged, Prime Minister Theresa May favored retaining...

American Capitalism’s Great Crisis

June 8, 2016
Young Americans no longer perceive benefits from capitalism, and such sentiments will influence the outcome of the US presidential election. The system of US market capitalism is broken, explains Rana Foroohar, author and Time magazine’s assistant managing editor for economics and business. Only...

How to Avert Another Debt-Ceiling Crisis

November 15, 2013
The United States borrows 46 cents for every dollar it spends, and despite congressional approval of the expenditures, a few members cling to a self-imposed debt ceiling, insisting that partial default may bring new discipline and spending priorities. “Had the debt ceiling been breached, the damage...

China Is Said to Use Powerful New Weapon to Censor Internet

April 14, 2015
In March, China used a cyberweapon to redirect huge amounts of online traffic from Chinese search engine Baidu to targeted US websites. Rsearchers at the University of California, Berkeley, and University of Toronto have since suggested that the blitzes were orchestrated by a new weapon. “The Great...

BBC: Europol Says Cyber-Attack Was Unprecedented in Scale

May 14, 2017
Tens of thousands of computer systems in 99 nations were attacked with ransomware, including those of utilities, banks, universities, manufacturers, government agencies and Britain’s National Health Service. “Although the spread of the malware – known as WannaCry and variants of that name –...

Mining Giants Are Forced To Lessen Global Ambitions

July 23, 2009
The recent decline in commodity prices along with greater government intervention has led mining companies to slow projects in emerging markets. Last year Guinea, unsatisfied with the pace of an iron ore project, stripped miner Rio Tinto of its rights to develop the reserves. Rio Tinto then decided...

Polluting Firms to Be “Hit by Climate Policies”: BBC

December 11, 2019
Climate researchers overwhelmingly agree that carbon emissions are increasing global temperatures and contributing to worsening storms and rising seas. Most nations rallied around reducing carbon emissions with the Paris Accord in 2015. All levels of government are imposing policies aiming to...

Economic Policy Turned Inside Out

May 4, 2015
Unsustainable economic imbalances combined with financial engineering to reduce interest rates and currency values, could threaten the global economy, suggests economist Stephen S. Roach, a senior fellow at Yale University’s Jackson Institute of Global Affairs. The essay focuses on Japan’s struggle...
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