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August 10, 2008 |
China to overtake US as largest manufacturer
Financial Times
China is set to overtake the US next year as the world’s largest producer of manufactured goods, four years earlier than expected, as a result of the rapidly weakening US economy. |
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August 10, 2008 |
U.S. land grab by sovereign wealth funds
Miscellaneous
Foreign money, which up to now has focused its attention on investing in iconic commercial real estate - like Barneys New York and the Chrysler Building - is now moving to scoop up tens of thousands of discounted foreclosed homes across the country. |
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August 09, 2008 |
The Fannie and Freddie doomsday scenario
CNNMoney
Here's a scary, and relevant, question to ponder as the housing market continues to slide: What would it take for the government to step in and help Fannie Mae and Freddie Mac, and how would a rescue affect you, the taxpayer? |
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August 08, 2008 |
Biggest dollar rally in eight years
Financial Times
US stocks soared on Friday as the dollar saw its biggest one-day jump against the euro in eight years and oil prices plunged. |
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August 06, 2008 |
The dollar on the comeback trail
CNNMoney
The Federal Reserve sent a strong signal to the markets on Tuesday that it would not be raising rates anytime soon, and you'd think that would spell disaster for the dollar. |
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August 04, 2008 |
Administration defies Congress over Mexican trucking
Miscellaneous
The two-year extension of the cross-border trucking program with Mexico didn’t necessarily come as a big surprise and has done little to dampen the efforts of opponents of the program. |
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August 04, 2008 |
Project to rebuild Internet gets $12 million in seed money
Washington Times
A massive project to redesign and rebuild the Internet from scratch is inching along with $12 million in government funding and donations of network capacity by two major research organizations. |
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July 29, 2008 |
U.S. oil fields given to Russia by State Department
Worldnet Daily
Even if Congress follows President Bush's lead in opening off-shore oil exploration, there exist over 125,000 square miles of sea bottom that won't be explored, because the State Department – amid controversy and against the will of Alaskans – has surrendered the land to Russia. |
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July 28, 2008 |
Biofuels major driver of food price rise: World Bank
Reuters
Large increases in biofuels production in the United States and Europe are the main reason behind the steep rise in global food prices, a top World Bank economist said in research published on Monday. |
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July 28, 2008 |
WTO global trade pact derailed
CNNMoney
Trade officials said Tuesday that a high-level summit to salvage a global trade pact collapsed, after the United States, China and India failed to compromise on when poor countries could raise import tariffs on farm products. |
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