Topic: World Trade Organization
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5 national security issues next president must tackle
President Obama and Mitt Romney battle over foreign policy issues in the third and final presidential debate. No matter who wins the presidential election November 6, Mr. Romney or Mr. Obama will have to confront five urgent national security issues in the first weeks of his term.
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The Beloit College Mindset List for the class of 2016
Every year, Beloit College in Beloit, Wis., releases its Mindset List to give a snapshot of how the incoming freshmen class views the world.
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Four ways the Olympics can inspire global business
The Olympics embody the ideal of globalization. High-performance competitors push each other to do their best in an arena where everyone follows the same rules. An Olympian's dream is to stand out – not only in his or her own country but around the world. Global companies aim to do the same. There's one key and fortunate difference between sports and economics. In any sporting contest, there's only one winner. In a global economy, the number of winners is potentially unlimited, as I point out in my book, "Globalization." So what can businesses learn from these Games? Here are four ways international sport can inspire a better global economy:
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3 ways the US can start an economic 'reset' with Russia
After Russian President Vladimir Putin canceled his trip to Camp David for the G8 Summit this weekend, tensions between Russia and the US are running high. The United States must design a new relationship with this often difficult leader and his country. Washington needs a new reset that includes these three key components:
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In Pictures: Before Occupy Wall Street: American protests
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WTO chief Pascal Lamy: World must change the way it measures trade flows
It is economic nonsense to continue to calculate bilateral trade balances – like those between the US and China – the way we do today. What we need to monitor is the effective added value in each country, not the overall value of goods and services imported and exported.
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Turkey angered by French bill to criminalize 'Armenian genocide denial'
The French parliament is expected to pass a bill Thursday dealing with the 1915 killing of Armenians in present-day Turkey. Any denial could result in a one-year jail term and a $58,000 fine. Turkey is furious.
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Opinion: Made in China: US can't afford high cost of low-priced Christmas gifts
US retailers and economists hail the Christmas shopping season, but consumers' binging on holiday gifts will produce more red ink than growth and jobs. Their purchases are nearly all imports – most from China. For real recovery, the US must regain its manufacturing market share.
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How WTO membership made China the workshop of the world
China's entry into the World Trade Organization (WTO) a decade ago primed it for high-speed growth. Other countries have seen benefits as well – but say China has also become adept at getting around the rules.
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Three factors that are polarizing the nation
As they have in the past, the nation's prolonged economic problems will realign the major parties, create new coalitions, and yield new solutions
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New York braces as Occupy Wall Street protesters target stock exchange
New York police are out in force Thursday in the vicinity of the New York Stock Exchange, as Occupy Wall Street protesters vow to shut it down. Protest is slated to spread to other sites later in the day.
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The Monitor's View: Economy's mojo and Washington's no-go
Economic indicators are up slightly. Do consumers and investors perceive an end to the great political uncertainty in Washington (and Europe)?
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Cities fret over democracy's costs as 'Occupy Wall Street' stretches on
Cities see costs mount as they supply security and other services at Occupy Wall Street demonstrations. What are cities' First Amendment obligations to the protesters?
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The Monitor's View: Go easy on free trade as top security concern
Obama and Romney see trade as the main issue in foreign policy, which helps explain why three free-trade pacts just passed Congress. But trade isn't always a matter of security. Its main purpose is creating wealth and expanding the economic pie.
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In Pictures: Before Occupy Wall Street: American protests
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Opinion: Congress finally gets it: Free trade is good for America
Despite negative public opinion about open trade, Congress is poised to approve delayed free trade agreements with South Korea, Panama, and Colombia. The deals will help the US economy by increasing exports and supporting and creating tens of thousands of jobs.
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China to US on currency bill: I wouldn't do that if I were you
The US Senate passed a currency bill that would punish countries that subsidize their exports by maintaining an artificially low exchange rate. China called such a law a 'lose-lose' for both sides.
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Occupy Wall Street: Is it becoming your father’s – even grandfather’s – movement?
Many of the 'Occupy Wall Street' protesters are now much older than college age. Is this a sign of cross-generational appeal, or is the movement being taken over by aging ’60s radicals?
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Senate hits China for 'cheating' to steal US jobs
The Senate voted Monday to advance a bill that would punish China for manipulating its currency to drive exports. If it became law, the bill would risk a trade war over US jobs.
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Occupy Wall Street protest 'about people claiming some autonomy'
The purpose and future of the “Occupy Wall Street” movement is as vast as the thousands who have gathered there. After 700 arrests Saturday on the Brooklyn Bridge, Sunday was quiet as protesters planned their next big march Wednesday.
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Republican debate: Who did best? Who stumbled?
For the second time in a week, Mitt Romney may have turned in the best overall performance. Some conservatives believe Rick Perry did well, too. And the other candidates all had their moments.
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The Monitor's View: Romney's plan to tame the Chinese trade dragon
Presidential candidate Mitt Romney breaks from the GOP's free-trade past with a plan to curb China's predatory trade practices with threats of retaliation. He's playing with fire.
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Witness to a decade that redefined Southeast Asia
As he leaves his post in Bangkok, a correspondent looks at how a rising China has changed the Southeast Asia region after 9/11.
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Could NATO's Libya mission be its last hurrah?
With the austerity gripping Europe and a new generation of leaders not shaped by cold-war politics, NATO's future is increasingly in question.
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Common politics muddy waters in rare earth discovery
After a Japanese researchers found rare earths near Hawaii, some are questioning the timing of the announcement
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How can Congress cut $2.4 trillion? Here are three places to start.
As an Aug. 2 deadline for raising the debt ceiling nears, Congress is getting serious about where to find major spending cuts. Republicans have vowed not to support a potential $2.4 trillion increase to the debt ceiling unless they get an equal amount of budget savings to offset the increase. Finding $2.4 trillion in spending cuts is not easy, but Congress's search is beginning to show some signs of promise. In particular, three programs long protected by big, bipartisan majorities in the past now appear vulnerable.
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African free trade zone planning is under way
African trade officials convened in South Africa this week to announce the start of negotiations on a continental free trade zone that would incorporate 26 countries and cost almost a trillion dollars.
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Opinion: Why didn't Japan send a thank-you note to Taiwan? One word: Beijing.
Taiwan gave more money to Japan after its triple disaster than any other country. So why did Japan leave Taiwan off the list of nations it thanked? China. If Japan can't stand up to Beijing on such a small matter, what does that mean for US and Japanese security interests in the region?
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How Taiwan is benefiting economically from recent thaw in ties with China
A potential free-trade deal between with Singapore may signal that China has stopped warning other countries against doing deals with Taiwan.
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US troops in Iraq: US, Maliki weigh possible extension
Amid the volatile Arab Spring and ongoing security threats in Iraq, top US military officials have expressed openness to keeping troops on the ground past the Dec. 31 deadline for withdrawal.
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