Hong Kong Legislative Council Votes Against China Surprise exit of pro-China members leads to defeat of new electoral law WASHINGTON – If there is one thing that the Chinese leaders do not like is bad surprises. And they...
Nutella Causes Global Warming French Ecology Minister Segolene Royal explained that it is all about using too much palm oil WASHINGTON – Now we know it. Nutella, the popular hazelnut chocolate spread made by the Italian firm Ferrero, causes...
A United Front Against Russia? Not Really Just days after the G 7 meeting, Italian Prime Minister Matteo Renzi welcomed Putin to Italy WASHINGTON – Just a few days ago the G 7 Leaders, assembled in Germany for their annual meeting, discussed...
Ukraine On The Verge Of Collapse In a WSJ piece President Poroshenko focuses only on reforms and progress WASHINGTON – Ukrainian President Petro Poroshenko recently authored an upbeat op-ed piece for the WSJ in which he painted...
The Financial Times Paints Rosy Picture Of Spain’s Economic Tragedy A recent story focused on higher economic growth. It deliberately downplays Spain's 24% unemployment rate WASHINGTON – The Financial Times is read by top executives and business leaders. And this is because supposedly it is...
Obama’s “Power Africa” Initiative Never Took Off Major investments in power generation did not happen. Too much bureaucracy WASHINGTON – Anybody who knows sub-Saharan Africa will tell you that the main obstacle to additional economic growth is...
US Airport Screeners Failed To Detect Weapons In 96% Of Test Cases Gigantic security failure treated as ordinary news WASHINGTON – The US Department of Homeland Security tested the capabilities of the Transportation Security Administration airport screeners by...
No Good Cities In Developing Countries Chaotic urbaniization means epic traffic and poor services WASHINGTON – Many emerging countries have made progress in their own economic development. Growth is up, poverty is down. And...
China Exports Excess Capacity Below Cost US producers displaced by Chinese dumping WASHINGTON – In order to build strong defenses against the ill effects of the 2008 Great Recession China launched a...
THE US Shale Industry Survived Oil Prices Collapse High cost producers managed to increase productivity WASHINGTON – When oil prices suddenly collapsed, going from $ 100 per barrel to $ 50 or less, the almost...