News & Updates

March 12, 2010 China Takes February Inflation Signals in Stride

Source:NY Times

Even with a jump in consumer prices in February, there were no signs of a change in China’s economic policy course as it continued its strong recovery, economists and government officials said Thursday. The 2.7 percent increase...

March 10, 2010 China’s Exports Rise 46%

Source:NY Times

BEIJING — China announced Wednesday that its exports climbed 46 percent in February from a year earlier. Economists said that exports might have increased partly because the Chinese New Year holiday came late this year, but that...

March 10, 2010 Energy Department Defends Funding of Foreign-Owned Renewables Projects

Source:NY Times

Amid mounting criticism, the Energy Department last week defended its allocation of stimulus funding to foreign companies developing renewable energy projects in the United States.

March 8, 2010 EU Commission ready to propose rescue fund

Source:Reuters

The European Union's executive is considering a new rescue fund for euro zone countries to prevent future financial crises like that in Greece, a spokesman said on Monday.

March 8, 2010 Volcker Says Euro to Survive as Greek Budget Crisis Manageable

Source:BusinessWeek

Former Federal Reserve Chairman Paul Volcker said European officials are lucky that the euro region’s first major crisis was sparked by one of its smaller members and he’s confident the currency will survive

March 2, 2010 Human rights advocates continue struggle for corporate accountability

Source:The Harvard Law Record

As globalization has transformed the way (and where, and with whom) we do business, major steps have been taken to ensure that corporations find it more difficult to exploit international tax loopholes. But loopholes that allow...

February 25, 2010 Toyota's Problems Loom Large Even After Hearings

Source:New York Times

WASHINGTON (AP) -- Even as Toyota CEO Akio Toyoda wrapped up a grueling appearance before Congress, the head of the world's largest automaker wasn't leaving his problems behind.

February 23, 2010 Workers' share of America's pie is shrinking

Source:Christian Science Monitor

For every dollar of goods and services produced in the US in 2009, American workers saw only about 55 cents. Globalization and a lack of support for unions in Washington are contributing factors.

February 22, 2010 Dollar Rises for Sixth Week Versus Euro After Fed Rate Increase

Source:BusinessWeek

The dollar posted its sixth straight weekly gain against the euro, the longest streak since 2000, as investors speculated on when the Federal Reserve would withdraw monetary stimulus after it raised the discount rate on Feb. 18.

February 22, 2010 A Shift in the Export Powerhouses

Source:Floyd Norris, NY Times

In the first decade of the 21st century, world exports boomed and then fell sharply. And there was a restructuring of the major manufacturing nations of the world

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