Clinton Tells Russians Cold War Sanctions Will End
A bill in Congress is blocking the move
Globalization
Myanmar Passes Guidelines for Foreign Investment
Efforts to bring global companies into its very restricted market
FedEx Warns of Lower Earnings
Warning is "a shot across the bow of the global economy's ship of state"
Global Economy Will Continue to Shrink, Claims IEA
The International Energy Agency has cut its crude oil forecasts for 2012 and 2013.
South Korea to Resume Oil Trade With Iran
Move comes after months of stalled trade caused by European embargos.
Gibson Guitar Fined $300,000 Due to Complicated Wood Shipping Laws
The Lacey Act requires companies to make detailed disclosures about wood imports and bars the purchase of goods exported in violation of a foreign country's laws.
Cold War Relic to Give Billions To South Africa for Green Energy Scheme
The Export-Import Bank is set to give $2 billion to South Africa for wind and solar investment.
Why Bill Clinton Should Be Giving the Keynote Address at the RNC Convention
If Clinton actually used his perspective, he'd be giving a rousing convention speech on the benefits of free trade and free markets.
Stop Complaining About Outsourcing
Both Obama and Romney are sowing the seeds of a trade war.
Myths We Live By
It's OK that China made our Olympics uniforms. We designed the planes that flew them to the games.
The Myth of America's Laissez-Faire Past
Tariffs, trusts, corporate-state collusion and "communism of pelf" did not equal free markets
Obama's Flawed Case for Insourcing
American workers are losing jobs to machines, not to Chinese workers.
Wenzhou, a Town Built on Failure
Why a financial run won't "unravel" China's black market city
China's Black Market City
Welcome to Wenzhou, where the mountains are high, the emperor is far away, and people are busy creating their own economic miracle.
Our Wealthier World
World Bank economist Kirk Hamilton explains how China is growing while the U.S. flirts with asset depreciation.
