A Made In China Global Recession? Too much debt in China may trigger a global crisis WASHINGTON – After the disastrous 2008 global financial crisis triggered by crazy speculation in the US, the world has...
UK Cannot Exploit Its Shale Gas Reserves Political opposition and bad laws prevent exploitation of vast resources WASHINGTON – The US is enjoying the immense economic benefits of the hydraulic fracturing (“fracking”) revolution that made it...
Lift The US Oil Export Ban It makes no sense to keep an energy trade restriction created at the time of the OPEC oil embargo WASHINGTON – At the time of the first OPEC oil embargo (1973-74), in an attempt to protect shrinking domestic...
Kenya Held Back By Lack Of Accountability, Corruption Auditor-general's report indicates that only 1.2% of all government spending is properly documented WASHINGTON – According to a BBC story, only 26% of money spent and collected by the Kenyan government has...
A New President Who Knows Nothing About Foreign Policy? Among the 17 contenders for the GOP nomination, not even one has hands on executive experience in foreign affairs WASHINGTON – The recent Cleveland debates featuring all 17 Republicans who want to be president revealed that within this...
End Of The US Recovery? The slow expansion has been going on for more than 74 months. How long before the next recession? WASHINGTON – Ultra-contrarian David Stockman (davidstockmanscontracorner.com) is warning us that the tepid economic recovery America has enjoyed so far,...
In A Speech At The American University Obama Defended Iran Deal Weak analogy with a 1963 Kennedy speech. Address aimed at avoiding political embarrassment. No matter what, Iran deal will stay WASHINGTON – On August 5, US President Barack Obama delivered a speech aimed at promoting his Iran nuclear deal...
Obama’s Anti-Carbon Policies Will Have No Impact On Global Warming This is all about ideology. Most environmentalists are Democrats WASHINGTON – President Obama is trying to transform the US energy industry via federal regulations. He just announced a...
More And More Africans Flowing Into Europe No way to stop this wave. Unskilled immigrants do not contribute to the economy WASHINGTON – High minded European media chastise both EU governments and segments of public opinion for their myopic and...
Ukraine Should Accept Defeat, Focus On Its Economy The futile attempt to resist Russia's aggression is simply ruining the country, with no gain WASHINGTON – The Ukraine story of brave pro-democracy forces resisting Russian aggression has turned into a horrible mess that...