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{ Category Archives } 1.2. Readings Samples

Final in AP’s series

The angle on this one is that the Obama administration has been able to avoid economic disaster, but is getting little credit. I had hoped we’d get at least one global story in the series, but if it was there, I missed it.

2009 09 13 Rusty Comments (0)

U.S. Adds Tariffs on Chinese Tires

Different from many Chinese experts’ anticipation, US President Obama finally decided to add 35% tariffs on Chinese tires, and the policy will last for three years (click here).  One of WTO officials said that this policy belonged to trade protectionism, and will do harm to the recovery of the global economy. The implementation of this [...]

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2009 09 13 susie.pku@gmail.com Comments (0)

“Arctic shortcut” follows climate change

Instead of taking the way through the Suez Canal, ships are now for the first time ever able to use the Northeast passage along northern Russia as an alternative. This could before only be done with the company of icebreakers, but the pioneering journey by those two German vessels now make the “Arctic shortcut” a [...]

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2009 09 13 angkaloeu@yahoo.se Comments (0)

The Failure of Macroeconomics

The Economist had a great article in July about the shambles of economic theory in the wake of the global financial crisis. If we are to take the subject of economics seriously then it has to tells us something either about the future, or about the implications of policies we may choose. Current macroeconomics seems [...]

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2009 09 13 jonathanstray@gmail.com Comments (0)

Video: Breaking the Bank, by Frontline, PBS

For those who hate to read words, here is a better way. This documentary is made like a big-budget blockbuster. It tells the story of what exactly happened when the financial crisis stroke. How Lehman fell; how Bank of America erected, etc. It also negatively portraits CEO of Bank of America Ken Lewis. For those who are [...]

2009 09 12 eageywang@hotmail.com Comments (0)

TOP DAIRY EXECUTIVE SIDELINED BY BEIJING

Lacks of stage of monopolization and enough bank loans, the private enterprises in China are now painfully going through the cold winter of the financial crisis. Not only the crisis itself but the monetary policy of the central bank breaks the balance of state-owned and private companies. To build an even more fair market and [...]

2009 09 12 joyce11hku@gmail.com Comments (0)

China Slowly Opening Up

China will soon start to allow foreign listings on its main Shanghai bourse as part of efforts to become a financial hub (article). It has a high chance of becoming one as well given its economic prowess and ambitions. And it’s the road China has inevitably has to take if it is serious about making [...]

2009 09 12 H Park Comments (0)

Obama to Solve Healthcare Woes

Why is it so hard for an average American to get a proper treatment at a hospital? Why is it so difficult to secure a decent healthcare plan for an individual at affordable price? When did dollar and sense became a higher priority than saving and healing lives? Whenever  I see news about the [...]

2009 09 11 H Park Comments (0)

Jobs Return!

The Wednesday Apple news conference welcomed the public return of Steven P. Jobs, who received a liver transplant five months ago.  Jobs, seen as “an icon in the industry” , was as tough as ever when he talked about the new Apple products announced at the conference.  Will the return of Jobs result in the new marketing strategy [...]

2009 09 11 luyueyang@hotmail.com Comments (0)

Latest installment of AP series: auto industry

Still focusing mainly on U.S., this time about the U.S. auto industry and its many failures. autos

2009 09 11 Rusty Comments (0)