- Global Oil Soaring Troubles Market
Global oil prices continue soaring amid mounting Liberian unrest on February 23, with prices in New York market topped $100 a barrel, the highest in 28 months.
- Geithner's Gamble
Geithner remains the senior public official worldwide who is most in thrall to the self-serving ideology of big banks.
- Alibaba to Make $1.7Mln in Compensation to Fraud Victims
China’s biggest electronic-commerce company said today it will pay 1.7 million U.S. dollars in compensation to more than 2,200 victims in the latest supplier frauds that prompted the chief executive officer to quit.
- Is China the New World Bank?
China’s growing role in countries around the world provides ample opportunity to reconstruct the landscape of economic aid and financing.
- Unsettling America
Where America has room for maneuver, it always presses forward in this direction. And, despite the rise of China and the move to a more “plural” international system, the US still has the power to change “facts on the ground” in large parts of the world, particularly the Middle East.
- China's Shrinking Trade Surplus
The fundamental cause of today’s global imbalance can be found in domestic structural problems on both sides. Exchange rates will play only a secondary role in rebalancing.