Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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CLOUDS AND SUN
The Reserve Bank of Australia on Monday admitted that staffers from a subsidiary had visited Iraq at the height of U.N. sanctions after it was accused of attempting to strike an illegal deal with Saddam Hussein. A joint investigation by the Australian Broadcasting Corp. ...
The shelling of suburban Damascus with a suspected nerve agent last week was potentially the third large-scale use of a chemical weapon in the Middle East and may have broken the longest period in history without such an attack. If confirmed, the attack, which ...
That the war changed Iraq into a stable and peaceful democracy is a myth. It has been left a broken and dysfunctional country. The big winner is Iran.
Do Obama policymakers really know the economic consequences of beginning military operations in Iran or supplying weapons to Syria's opposition
Iraq is better off without Saddam Hussein, but if economic resconstruction and the establishment of democracy are considered, the Iraq war failed.