Protectionism Makes Comeback as Recovery Stalls
Protectionism could resurface as a result of lackluster growth in industrialized countries.
Business
Latin America, Riding the Commodity Boom
Even South American nations that are hostile to freer trade are witnessing economic expansion thanks to globalization.
Circumventing the Strait of Hormuz’ Bottleneck
As Iran threatens to shut the narrow waterway from international oil tankers, what alternatives are there?
Bank Recapitalization Will Make Euro Crisis Worse
Recapitalizing banks after they bought worthless Greek debt when they should have known better isn’t just wrong; it won’t work.
Bank Bailout Invites Scrutiny of Belgian Credit Risk
The partial nationalization of a Franco-Belgian investment bank confounds the financial difficulties of the Belgian state.
The Folly of a Financial Transaction Tax
A bank levy will fail to raise revenue but not before urging companies to move their trades out of Europe.
Energy Secretary Distorts History to Promote Clean Energy
Steven Chu claims that government was responsible for “all the technologies that led to prosperity in the United States.”
Republicans Still Fighting Financial Reform
Opposition lawmakers in the Senate are trying to stop a new consumer protection agency created under last year’s Dodd-Frank bill.
Europe Explores Private Role in Greek Bailout
Ahead of a European summit, eurozone officials explored three different options for private sector involvement in rescuing Greece.
What Do Taxi Drivers in Greece and DC Have in Common?
Whereas Greece is liberalizing its taxi market, the District of Columbia is making it harder for individual drivers to compete.
European Businessmen Urge Support for Euro
Fifty of Europe’s most powerful business leaders call for a stronger political commitment to the survival of the euro.
US Predicted to Resurge as Industrial Power
Thanks to a cheap dollar and rising wages in China, America may be on the verge of a manufacturing renaissance.
Missing the Point on Car Industry Bailouts
Opponents of government intervention in the car industry didn’t particularly worry that the action could never be a success.
Are American Oil Companies Subsidized?
Politicians say they want to end “subsidies” for big oil and gas producers but as they actually subsidized?
Who Benefits from Soaring Gas Prices?
Is is true that only fat cat oil executives and their big companies benefit from rising gasoline prices?