United States

From the Archives

Oil May Not Grease Friendship

Previously filed under: General Globalization
A paper testing the idea that a strong entrepreneurial spirit can indicate a prospective US ally, while oil wealth indicates a divergence of interest.

Tightening the Belt

Topics: Governance

For the first time in more than five years, the average household income is declining in the U.S., reports the Financial Times.

Joseph Stiglitz, John Edwards and anti-war group MoveOn.org all blame the Iraq War for triggering a U.S. recession. While the connection is politically attractive to some, President Bush — and even some of his critics — argue that this simply isn't true.

When President Bush said last week that "spending in the war might help with jobs" and that "this economy is down because we built too many houses and the economy’s adjusting," even well-known Bush-basher Paul Krugman had to concede the point. In a blog post, he wrote, "Hate to say this, but he’s right."

From the Archives

U.S. Immigration Policy Fritters Away Education Benefit

Previously filed under: North America, Opinions and Editorials
Close-minded immigration policy forces many U.S.-educated foreign students to seek other pastures.

From the Archives

United States - South Korea Trade Negotiations Stalled

Previously filed under: Trade
After a costly failure with South Korea, the United States influence over major emerging markets has diminished.

From the Archives

Why Dollar Hegemony Is Unhealthy

Previously filed under: North America, Global Economy
The world's dangerous dependence on the US dollar may risk hurting the global economy.

From the Archives

On World Refugee Day, United States Leads World in Darfur Aid

Previously filed under: General Globalization
The United States is the leading donor to refugee assistance, and is the nation who sponsors the most refugees, including many from the conflict in Darfur.

From the Archives

Mexico's Economic Progress Can Ease Migration Woes

Countries: Mexico
Previously filed under: North America, Global Economy
Despite clear growth, Mexico's economy remains unable to provide an adequate supply of jobs to satisfy demand, therefore increasing migration to the United States.

From the Archives

Anxious America - Part I

Previously filed under: North America, Global Economy
The recent talk among the public and policymakers shows American fears about some aspects of economic globalization.

Breaking News

Zimbabwe: Inflation Rockets to 231-Million Percent

All Africa - Fri, 10/10/2008 - 08:24
Zimbabwe's annual inflation raced to a record 231-million percent in July, up from 11,2-million percent the previous month, deepening a severe economic crisis, official figures showed on Thursday.

Africa: Going Bananas to Fight Poverty And Hunger

All Africa - Fri, 10/10/2008 - 07:30
Arguably one of the world's most popular fruits, bananas are poorly marketed as a value-added commercial crop in Africa. But that is about to change as a plan is being conceptualised to transform the way Africa produces and sells bananas.

Global Markets Dive in Relentless Selloff

International Herald Tribune - Fri, 10/10/2008 - 06:48
Global investors looked to leaders meeting in Washington for coordinated action to end the financial turmoil on Friday as stocks plummeted again around the world.

The Stunning Collapse of Iceland

Business Week - Fri, 10/10/2008 - 06:30
Home to just 304,000 people, tiny Iceland is emerging as the biggest casualty of the global financial crisis.

Don't Cut Aid to Africa, AU Head Pleads to World

The Epoch Times - Fri, 10/10/2008 - 11:44
The chairman of the African Union urged the world not to slow aid to the world's poorest continent. Experts say that while Africa is relatively insulated from the global credit crisis, there could well be a negative effect on investment, remittances and aid flows from abroad.

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