Commentary 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 their ...

Editorials 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 ...

Reader Mail 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 ...

Editorials 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, ...

Commentary / World 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, ...

Commentary / World Jul 29, 2009

Balance sheets key to an economic recovery

PALO ALTO, Calif. — Early signs of a manufacturing rebound, already strong in Asia, lend hope for some modest recovery from today's deep global recession. But a strong and durable economic expansion is unlikely until progress is made in dealing with the toxic assets ...

Commentary / World May 31, 2009

Obamanomics gets warning flag

PALO ALTO, Calif. — It is still too soon to gauge the full economic impact of U.S. President Barack Obama's implemented and proposed policies, but a preliminary read indicates limited short-term benefit at large long-term cost. The administration is exploiting a crisis atmosphere to enact ...

Reader Mail Jun 26, 2008

Youth unemployment in the EU

I wonder if anyone else caught the contradiction in Giles Merritt's June 17 article "A Vanishing Europe and lifestyle." In paragraph 7, Merritt notes a looming labor shortage in the countries of the European Union, but several paragraphs down, he mentions "stubbornly high youth ...

Commentary May 24, 2007

Baltic cyberwar nothing but a squabble

LONDON — Estonia is one of the most wired countries in the world — people even vote online — but for the past three weeks the country has been under a massive cyber-attack that has disabled the Web sites of government ministries, political parties, ...