Feb 4, 2013

Cameron lost in channel fog

In his speech demanding a new deal for Britain in the EU, British Prime Minister David Cameron sought a popular political fix to quiet his rightwing rebels.

Jan 22, 2013

'Abenomics' out of the gate

Prime Minister Shinzo Abe would do well to consult professor Noriko Hama of Doshisha University. Asked by The Japan Times what the country needs, she replied in feisty fashion: “The three things Japan should do in 2013 are raise wages, raise interest rates — ...

Jan 9, 2013

Globalization and its enemies

A new year needs a new word that reflects the special trends and tendencies, the hopes and dreams and challenges ahead. Sadly, a strong candidate for the word of the New Year 2013 has to be “omnishambles,” meaning a mess everywhere. Wherever you look, ...

Jan 7, 2013

Christianity vs. secularism

Pope Benedict XVI had a busy holiday season, as you might expect, since it is a sacred time for Catholics and other Christians. He set himself the difficult-to- impossible task of trying to put Christ back into Christmas. In his Christmas homily the pope ...

Dec 26, 2012

A time to reflect on pressing economic challenges

Sir John Templeton was a legend in his own lifetime who made billions of dollars from the sensible and wise way he invested money. In these difficult times it is apposite to quote Rule No. 12 of Templeton’s legendary golden rules for investment success: ...

Dec 22, 2012

'Abenomics' — a dangerous policy of print and spend

The “landslide” victory of Shinzo Abe and the Liberal Democratic Party was much less than it seemed. The party won only 43 percent of the popular vote in the constituencies and a mere 28 percent in the proportional representational seats. Given the record low ...

Dec 18, 2012

IMF economists see perils in China's investment binge

China’s investment binge has been the envy of many other countries, not least India where inadequate roads mean that 40 percent of crops are spoiled on the way to market, and Japan, where 30-year-old tunnels are passing their sell-by dates and maintenance is not ...

Dec 4, 2012

Sacred India's Chinese flavor

More than a billion small lamps lit the evening sky and hand-held sparkler fireworks added to the dancing light, while firecrackers boomed almost as if a war was going on. In hundreds of millions of homes, people chanted the sacred mantras and called upon ...