How “Business” Works in China
Despite claims that economics and politics are separate and distinct in Hong Kong and China, the PetroChina IPO certainly would suggest otherwise. In the first week of April, PetroChina finally completed its beleaguered IPO, issuing 10 percent of its share capital....Breaking the Tokyo Banks?
Back in 1998, the big question in Japan was which, if any, of Tokyo’s big banks could escape collapse. Burdened by massive, non-performing loans, and holding assets (like Tokyo real estate) that had plunged in value, Japan’s big banks were in a serious...The Kyoto Protocol and the Carbon Tax: The Costly Politics of Global Environmentalism, Part 4 of 4
There is a catch here, of course. If these countries have plentiful emission credits for sale, then their price will not be very high and perhaps quite low. This means that the United States would be able to buy permits cheaply, and proceed as if the Kyoto Protocol...The Eternal Government Quest for Crises
So many “problems,” so many Feds needed to “solve” them. Fighting exhaustion from having invented the Internet, Al Gore strikes again. He seeks to conquer that age-old, cruel, unfair dilemma — whether to work outside the home or stay home...Supreme Court Should Protect Right to Abortion in Current “Partial-Birth” Abortion Case
“Partial-birth” abortion, most commonly known as intact dilation and extraction (D&X), is designed primarily to be used in the case of 5- and 6-month-old fetuses that are dying, malformed, or threaten the woman’s health or life.
