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Commentary & Opinion

November 6, 2008
It's the economy, Barack

Source: San Francisco Chronicle

For President-elect Barack Obama, the campaign mantra of "change and hope" will meet a very quick reality test. Courtesy of a wrenching economic and financial crisis, his leadership skills could, in fact, be tested even before he...

November 5, 2008
What Kind of US President Would Chinese Like?

Source: The Economic Observer - China

With Obama having completed his historic path to the White House, we feel a need to let it be known what kind of president Chinese would most welcome. Over the past decade, every time the White House has changed hands, its...

November 3, 2008
The Chinese milk crisis: Lessons for CSR

Source: The Hankyoreh -Korea

The scandal that has already claimed the lives of four babies and sickened some 60,000 after they were fed the powder, made by the once-prestigious Sanlu Group, has huge implications for corporate social responsibility. The milk,...

October 17, 2008
EDITORIAL: A shameful tradition of tainted food

Source: Taipai Times

In China, tasteless and colorless melamine has been part of the food chain for a long time. Its addition to Sanlu’s milk powder has now created a global panic over contaminated Chinese foodstuffs. And this was not the first time....

October 17, 2008
Poorhouse Awaits Opponents of Globalization: Michael R. Sesit

Source: Bloomberg

The past seven days may become known as the week the world saved globalization. Now comes challenge No. 2: making sure the coming global recession doesn't end the modern era during which world trade, cross-border capital flows...

October 14, 2008
Treasury Update on Implementation of Troubled Asset Relief Program (TARP) before Institute of International

Source: U.S.Treasury Department Assistant Secretary for Financial Stability Neel Kashkar

Washington- Good morning and thank you for that kind welcome. I am here today to provide a comprehensive update on the Treasury Department's progress in implementing the Troubled Asset Relief Program (TARP).

September 10, 2008
SBA ACTING ADMINISTRATOR BARUAH ARGUES FOR PENDING TRADE AGREEMENTS

Source: SBA

WASHINGTON, DC – Today U.S. Small Business Administration Acting Administrator Sandy K. Baruah joined U.S. Secretary of Commerce Carlos Gutierrez, U.S. Trade Representative Susan Schwab and other officials to press for pending...

September 10, 2008
Gutierrez Speaks at Trade Rally on Capitol Hill Urging Support for Trade Agreements

Source: Department Of Commerce

Gutierrez, surrounded by officials with U.S. Capitol in background.Gutierrez Speaks at Trade Rally on Capitol Hill Urging Support for Trade AgreementsWashington (Sept. 10)—U.S. Secretary of Commerce Carlos M. Gutierrez spoke...

September 1, 2008
Governor Randall S. Kroszner. At the Central Bank of Argentina 2008 Money and Banking Conference, Buenos Aires, Argentina

Source: Governor Randall S. Kroszner

The United States in the International Financial System: A Separate Reality? Resolving Two Puzzles in the International Accounts.I would like to thank the organizers here at the Bank for inviting me to this year's conference and...

August 12, 2008
SEC Charges Defendants in $255 Million Ponzi-Type Scheme Involving Wextrust Capital, LLC and Other Wextrust Entities

Source: Securities and Exchange Commission

Washington, D.C., Aug. 11, 2008 — The United States Securities and Exchange Commission today filed charges against Wextrust Capital, LLC (Wextrust), its principals, and four affiliated Wextrust entities, alleging that defendants...

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