Nov 7, 2011

Wrong timing by the Euro-skeptics

For Britain’s Euro-skeptics, the current eurozone crisis has an air of inevitability and opportunity. The crisis validates their view of the single currency as a straitjacket forcing disparate economies into an unworkable union. “We told you so”, crow Britain’s anti-European politicians, goaded on by ...

Oct 18, 2011

Economic trouble in China

The decision of China’s sovereign wealth fund to buy shares of four of the country’s biggest banks is a warning signal. The move to prop up the plummeting value of those institutions is intended to boost confidence; instead, it has highlighted the many unknowns ...

Oct 2, 2011

Effects of disenfranchisement

In his Sept. 22 letter, “A prevalent form of propaganda,” Greg Leviton addresses a number of points that are often brought up concerning issues in the Middle East. Although I appreciate his ardor in support of Israel, many of these topics are more nuanced ...

Apr 24, 2011

Food first

The World Bank reported April 14 that world food prices have jumped 37 percent from a year ago. That has pushed an estimated 44 million more people into poverty. As countries around the world recover from weak economies, political instability or, like Japan, from ...

Mar 23, 2011

Nuclear power no solution

NEW DELHI — Just when nuclear energy had come to be seen as part of the solution to energy and global-warming challenges, the serial reactor incidents in Fukushima have dealt a severe blow to the world nuclear-power industry, a powerful cartel of less than ...

Mar 18, 2011

Disaster clobbers a helper

NEW YORK, UNITED NATIONS — The massive earthquake and tsunami that rocked and ravaged large parts of northern Japan have caused near apocalyptic devastation to the land and the environment. The 9.0-magnitude shock, the largest ever recorded in the earthquake-prone country, was brutally magnified ...

Dec 25, 2010

Up from Akatsuki's failure

An H-IIA rocket blasted the Venus planetary probe Akatsuki (daybreak) into space on May 21. But Akatsuki, Japan’s first spacecraft sent to explore Venus, failed to orbit Venus after overshooting the planet due to engine trouble. The craft was developed by the Japan Aerospace ...

Jun 8, 2010

Keidanren's to-do list

Mr. Hiromasa Yonekura, chairman of Sumitomo Chemical Co., on May 25 became the top leader of the Japan Business Federation (Nippon Keidanren), Japan’s most influential business lobby. He assumes the post at a time when the Japanese economy is suffering from deflation, high unemployment, ...

Mar 27, 2010

Finance and trade tremors

PALO ALTO, Calif. — With the American and global economies in the early stages of postrecession recovery, serious questions remain about that recovery’s strength and sustainability. In addition to traditional business-cycle concerns, there is a long list of policy tensions threatening to curb growth, ...