Posted by: zanshin, 2009-02-16 01:46

Story

Walker's World: G7 rallies the ranks

Martin Walker, 2009-02-16 (Monday), UPI
LONDON -- After some worrying signs of unsteadiness in their ranks, the world's financial elites have rallied and planted their flag boldly and publicly against any drift toward protectionism.

The Group of Seven finance ministers endorsed once again the principle of maintaining open markets and free trade, including the now-ritual lip service to the need to complete the Doha Development Round of trade talks.

Even more than the appalling economic figures that emerged from Europe and Japan as the G7 meeting convened in Rome over the weekend, the main concern as the summit opened was the protectionist threat. There were two main examples on offer from the American side.

The first was the "Buy American" clause in President Barack Obama's stimulus bill, and the second was the clear threat of U.S. retaliation against China for what the new Treasury Secretary Tim Geithner had described as "currency manipulation" in his confirmation hearings before the Senate. Geithner was simply echoing his master's voice. Last October, Obama, while still a U.S. senator, had made exactly the same charge against China in a letter to the U.S. Treasury that he co-signed with other senators.

Each of these has now been resolved. The final version of the bill agreed on by the U.S. Congress includes a preference for buying American-made products but only in a way compatible with World Trade Organization rules. This is a loophole that clever lawyers can and will exploit, but it at least maintains the principle of free trade.

The question of China's manipulation of its currency to keep its exports cheap is more complex. Most countries at some time have tried to engineer favorable exchange rates in their own economic interest, usually by manipulating interest rates. China, however, maintains a form of currency control that allows the renminbi to be traded on current accounts but not on capital accounts. This makes currency manipulation easier, and also makes China vulnerable under WTO rules.

But Geithner and the G7 have decided to grant China a waiver, on the grounds that they would rather make China a partner in recovery than an antagonist in a trade war.

"We welcome China's fiscal measures and continued commitment to move to a more flexible exchange rate, which should lead to continued appreciation of the renminbi in effective terms," said the G7's formal post-summit communique.

G7 officials later told reporters the finance ministers felt it was important "to show solidarity with China's steps to overcome the crisis and avoid undermining G20 discussions involving Chinese officials" ahead of the Group of 20 summit scheduled for April 2 in London.

Geithner later echoed this tone, saying the United States was committed to working closely with China.

"We very much welcome the steps they've taken to stimulate domestic demand, and we welcome their commitment to continue further evolution of their exchange-rate system," he said. "All countries need to sustain a commitment to open trade and investment policies which are essential to economic growth and prosperity."

Asked about this distinct change of stance by Geithner, at a later non-attributable briefing a senior Treasury official said, "A lot has changed in the last few months, and we're in a delicate moment."

There has been a great deal of intense but behind-the-scenes diplomacy on this issue over the past two months, with German and British officials stressing discreetly that the last thing the global economy needs at this time is any hint of a trade war across the Pacific Ocean. Dominique Strauss-Kahn, managing director of the International Monetary Fund, stressed last month that a globally coordinated policy of supporting growth that included China is more urgent than longer-term currency imbalances like the undervalued renminbi.

China has demonstrated its readiness to be part of the global solution rather than part of the problem. Even though it is not a member of the G7, China joined the coordinated interest rate cuts announced by the G7 members last October and was also the first to announce -- and to start spending -- a $586 billion investment package.

One result of China's early action has been the recent emergence of some hopeful signs of recovery. The confidence index of purchasing managers in China, a reliable leading indicator, has shown a modest rise, bank lending has risen, and the Shanghai stock market is climbing again.

But China has been hard hit, with its exports falling for the third consecutive month in January, falling 17.5 percent from a year earlier, after a 2.8 percent decline in December. Imports plunged even further -- 43.1 percent, twice as much as December's 21.3 percent year-on-year drop. The biggest falls were in components from Japan, South Korea and Taiwan, which usually would be assembled in China for subsequent export. The figures may have been distorted by the Chinese new year holidays, but top analysts like Morgan Stanley and Standard Chartered estimate its growth since the fourth quarter of last year to be close to zero.

The bottom line is that the G7 could develop a common front that includes China on the importance of maintaining open trade and concerted international action to revive the global economy and prevent the world recession from sinking into a full-scale depression.

"You do hear around the world a much greater sense of urgency and commitment now," Geithner said at a news conference. "I think we all recognize that the power of what we do individually would be much more effective if we're moving together."

But the poor stock market response to Geithner's disappointingly vague plan to rescue the U.S. banking system meant that the new U.S. treasury secretary remains on the defensive. And the dismal results from Japan and Europe, with Japan's exports down a stunning 35 percent in December and German export orders down 25 percent (and exports account for half of Germany's GDP) point to tough times and more unemployment ahead.

Comments


No comments yet.

Please login to post your comment.













All trademarks and copyrights on this page are owned by their respective owners.
Stories, Arguments and Comments are owned by the Poster.
The Rest copyright © 2007 Argumentations.com. All rights reserved. Argumentations.com provides material for research or educational purposes only. We do not warrant the correctness of its contents. The risk from using it lies entirely with the user. While using this site, you agree to have read and accepted our Terms of Use and Privacy Policy. Argumentations.com is far from perfect so if you have any critiques, questions, comments or problems about this site please tell us. Click here to send your feedback. And if you like Argumentations.com please link to this site. It will really help a lot.
   

Tags

China,   Economy,   Europe,   Finance,   G20,   G7,   G8,   GDP,   Germany,   IMF,   Japan,   North Korea,   Obama,   Open-Ended Issues,   Shanghai,   Strauss-Kahn,   Taiwan,   Timothy Geithner,   USA,   WTO,  

Related statements

View other suggested stories

Date added 
2008-07-07Wrestling for influence
2008-04-24Revamping American Grand Strategy
2008-11-06Country Reports on Terrorism -- Chapter 2 -- Country Reports: East Asia and Pacific Overview
2009-03-21The First-World Debt Crisis In Global Perspective
2009-05-092000 Bank For International Settlements Report
2006-09-29China -- PART 2: Tequila trap beckons China
2007-05-02Country Reports on Terrorism -- Chapter 5 -- Terrorist Safe Havens (7120 Report)
2008-11-14Towards a Grand Strategy for an Uncertain World -- Renewing Transatlantic Partnership
2008-11-2321st Century Strategies For Sustainability
2008-11-24Global Trends 2025: A Transformed World -- Executive Summary
2008-10-24The World Around Russia: 2017 -- An Outlook for the Midterm Future
2006-10-03Transcript of a Press Conference on the World Economic Outlook Report
2008-08-25The Worldwide Threat 2004: Challenges in a Changing Global Context
2008-11-27A brave new world awaits
2008-11-07Confronting Global Challenges
2008-11-08Finance chiefs eye first steps in revamping global system
2008-11-11The Case for Restraint -- Foreign policy after George W. Bush
2009-02-05Predictable Poverty: The Inevitable Legacy of a Neo-Liberal Europe
2009-02-11The Great Crash, 2008 -- A Geopolitical Setback for the West
2008-06-18The Future of American Power -- How America Can Survive the Rise of the Rest
2007-11-28Does the Future Belong to China?
2007-12-10Bilderberg 2007: Welcome to the Lunatic Fringe
2007-12-29Globalization and Cultural Encounters
2009-05-10Country Reports on Terrorism 2008 -- Chapter 2. Country Reports: East Asia and Pacific Overview
2009-05-10Country Reports on Terrorism 2008 --
2006-11-14The World Economy: A Millennial Perspective -- Introduction and Summary
2007-05-02Country Reports on Terrorism -- Chapter 2 -- Country Reports: East Asia and Pacific Overview
2007-05-10Six Nightmares: Real Threats in a Dangerous World and How America Can Meet Them
2007-04-15Trade and American National Security: The Case Of China's WTO Accession
2007-01-14Natural Resources are Fuelling a New Cold War
2007-03-28America Plundered by the Global Elite
2007-06-06Nato’s Islamists
2007-06-07The Global Weapons of Mass Destruction Threat: A Counter- Argument to the Western Interdisciplinary Viewpoint
2007-08-06The Global Drug Meta-Group: Drugs, Managed Violence, and the Russian 9/11
2007-12-22Clinton on Foreign Policy at University of Nebraska
2008-01-11The $1.4 Trillion Question
2008-01-29Challenging a Unipolar World
2007-12-13Bilderberg 2007 - Towards a One World Empire?
2007-11-23Power, passion, and neoliberalism
2007-11-14The Case for the Amero: The Economics and Politics of a North American Monetary Union
2008-06-13G8 set to warn oil, food price shock endangers world economy
2008-04-04Interview: Lee Kuan Yew -- Part 1
2008-05-22The Building BRICs of a New International System?
2008-03-29Why the US is collapsing
2009-01-11Fare well, free trade
2009-01-16The Joint Operating Environment (JOE)
2009-01-28Confidence evaporates, currency row brews at Davos
2009-01-31The blame game starts at Davos -- Analysis
2008-11-08Momentum grows for global finance overhaul
2008-10-29Sarkozy, France, and Nato -- Will Sarkozy’s Rapprochement To Nato Be Sustainable?
2008-11-20The Cold Peace
2008-11-30EU2020 essay Willing and able? -- EU defence in 2020
2008-11-24Why Obama Missed Bretton Woods II
2008-11-26Understanding the Beijing Consensus
2008-12-22Timeline: Japan
2008-12-29The World Economic Crisis: A Marxist Analysis
2008-09-02Stoking Tensions, Risking Confrontation: A High Stakes US Gamble with Russia
2009-05-10Country Reports on Terrorism 2008 -- Chapter 2. Country Reports: Europe and Eurasia Overview
2009-05-12Walker's World: Is this a recovery?
2009-05-08The Trilateral Commission -- Membership 2008
2009-06-20The Secret Wars Of The Cia -- Part 2
2007-08-08The Global War on Terrorism -- The First 100 Days
2007-07-24Highlights in the History of U.S. Relations With Russia, 1780-June 2006
2007-07-31The American Empire is Failing – A Good Thing for America and the World -- An Interview with Terry Paupp
2007-06-08Political Islam
2007-06-12Globalizing Weakness: Is Global Poverty a Threat to the Interests of States?
2007-06-07US missiles hit Russia where it hurts
2007-07-12House Armed Services Committee Global Security Assessment Statement For The Record
2007-02-21IPOs Shun U.S. Exchanges While Wall Street Collects Record Fees
2007-05-02Country Reports on Terrorism -- Chapter 6 -- Terrorist Organizations
2006-11-18Globalization: The Long-Run Big Picture
2006-09-30A Short History of Neo-liberalism - Twenty Years of Elite Economics and Emerging Opportunities for Structural Change
2006-09-29The international financial crisis - International Solutions - interview with hedge fund manager George Soros
2006-08-23The Party of Davos
2008-08-25The changes in the fight against illegal immigration in the Euro-Mediterranean area and in Euro-Mediterranean relations
2008-08-11Rethinking the National Interest -- American Realism for a New World
2008-10-24The Causes of Economic Growth
2008-09-29The Roaring Nineties
2008-12-21Summit shows times have changed
2008-11-23The American Mission?
2008-11-20Russia And The New World Order -- The Geopolitical Project Of Pax Eurasiatica
2008-11-01The End Of Arrogance -- America Loses Its Dominant Economic Role
2008-11-07Walker's World: Obama's first big test
2008-11-07Country Reports on Terrorism -- Chapter 2 -- Country Reports: Europe and Eurasia Overview
2008-11-07What Happens when Countries Go Bankrupt?
2008-11-09Blueprint for Change -- Obama and Biden’s Plan for America
2009-01-30The financial crisis and the future of financial regulation
2009-01-16The Year Ahead: 2009
2009-01-21Iran: Breaking the Nuclear Deadlock -- A Chatham House Report
2009-02-07IMF Says Advanced Economies Already in Depression
2009-02-11The Making of a Mess -- Who Broke Global Finance, and Who Should Pay for It?
2009-02-05Transforming the Global Economy: Solutions for a Sustainable World -- The Schumacher lecture
2009-02-22The collapse of manufacturing
2009-02-24How the Economy was Lost -- Doomed by the Myths of Free Trade
2008-03-25Globalisation & War -- International congress of IPPNW
2008-03-24Globalization And The Development Of Underdevelopment Of The Third World
2008-02-26Fitzgerald: Islam for Infidels, Part Two
2008-03-04The Three Trillion Dollar War: Nobel Laureate Joseph Stiglitz and Harvard Economist Linda Bilmes on the True Cost of the US Invasion and Occupation of Iraq
2008-04-14IMF Press Briefing on the Spring 2008 World Economic Outlook
2008-04-29The Pentagon's New Map
2008-04-22A Warning to Africa: The New U.S. Imperial Grand Strategy
2008-06-11The History of the House of Rothschild
2007-11-11In the Wake of War: Geo-strategy, Terrorism, Oil Markets, and Domestic Politics
2007-11-20The Neoconservative Moment
2008-01-31THE NEW WORLD ORDER' -- A Critique and Chronology
2008-02-01Global Banking: The Bank for International Settlements
2008-02-04Going bankrupt: The US's greatest threat
2008-01-04Why Iraq? Oil and U.S. Foreign Policy
2007-12-22Iran - Nuclear Chronology - 1957-1985
2009-06-10How the Chicago Boys Wrecked the Economy -- An Interview with Michael Hudson
2009-05-08A Leadership Review of the Barack Obama Administration
2009-05-20The Toll Booth Economy -- The Latest in Junk Economics
2009-03-15Squaring the Pentagon
2009-03-23IMF Official: China's stimulus plan a great contribution to the world
2009-03-24China's Way Forward
2009-07-22Beyond Dependence: How To Deal With Russian Gas -- Policy Brief
2006-12-09China Shows Signs of Shedding Modesty
2006-12-11Urbanizing War/Militarizing Cities - The city as strategic site
2006-11-09Why Export Democracy?: The 'Hidden Grand Strategy' of American Foreign Policy'
2006-10-09The Anglo-American War of Terror: An Overview
2006-10-10Russia Seeks Greater Economic Influence in Europe
2006-10-17How Globalization Drives Down Western Wages
2007-05-02Country Reports on Terrorism -- Chapter 2 -- Country Reports: Europe and Eurasia Overview
2007-05-01Two Myths of Globalization
2007-05-01How Japan Imagines China and Sees Itself
2007-05-26The Power Elite's Use Of War And Debt
2007-05-27Infiltrating Bilderberg 2005
2007-03-28Have Supercomputer, Will Travel
2007-03-30The Global Information Technology Report -- Executive Summary
2007-04-06Britain's Humiliation -- and Europe's
2007-04-12The Eurabia Code
2007-02-19Hating America
2007-02-26Which Will It Be America, Empire or Democracy?
2007-02-28RUSSIA AND THE NEW COLD WAR -- When cowboys don't shoot straight
2007-02-28Speech at the 43rd Munich Conference on Security Policy
2007-03-01Heineken N.V. -- Encyclopedia Of Company Histories
2007-03-12The history of Heineken
2007-03-14Timeline of events in the Cold War
2007-03-15Highbrow Tribalism
2007-07-12Republic or empire: A National Intelligence Estimate on the United States
2007-07-13The New York Times Surrenders -- A monument to defeatism on the editorial page
2007-07-04Grand Strategy for a Divided America
2007-06-06Contours Of The Putin Era
2007-06-06G8: Issues and controversies
2007-06-05President Bush Visits Prague, Czech Republic, Discusses Freedom
2007-06-05'i Am A True Democrat' -- G-8 Interview With Vladimir Putin
2007-06-12Current Problems in American Foreign Policy - A Talk Given to the Mount Holyoke Alumnae
2007-06-12Building a New Consensus on China
2007-06-13Resource Wars - Can We Survive Them?
2007-06-11Putin Plays Down I.M.F. and W.T.O.
2007-06-22Rice Talks With Journal's Editorial Board
2007-08-08Germany Left Out of Global Policy Loop
2007-09-02Remarks By The President At 2002 Graduation Exercise Of The United States Military Academy
2007-09-27Rice vows US is committed to tackling global warming
2007-12-22Iran - Nuclear Chronology - 2005
2007-12-29Russia, Iran tighten the energy noose
2008-01-06Concern about 'sovereign wealth funds' spreads to Washington
2008-02-04Globalization: Stiglitz's Case
2008-01-19A Political-Risk Outlook for 2008
2008-01-21More Instruments and Broader Goals: Moving Toward the Post-Washington Consensus
2008-01-21Strategic Communication
2008-01-24A Moral Core for U.S. Foreign Policy
2007-11-29Impending Destruction of the US Economy
2007-11-10Gorbachev's Eurasian strategy. (Mikhail S. Gorbachev)
2007-11-10The rising tide: assessing the risks of climate change and human settlements in low elevation coastal zones
2007-11-01The End of National Currency
2007-11-01Chindia Changes the Game
2008-06-06Between the Rule of Power and the Power of Rule: In Search of an Effective World Order
2008-06-08BRICs helped by Western finance crisis: Goldman
2008-06-15THE GEOPOLITICS OF CHINA: A Great Power Enclosed
2008-06-18The Age of Nonpolarity -- What Will Follow U.S. Dominance
2008-06-19Turning the tide? -- Why development will not stop migration
2008-07-22The Failed States Index 2008
2008-07-28Why the Dollar Bubble is about to Burst
2008-07-28The Proposed Iranian Oil Bourse
2008-07-31The Med’s moment comes
2008-08-03Korea's No. 1 Money Manager Says Genghis Khan Model for Funds
2008-08-03Fresh WTO talks must wait until after US election: economists
2008-04-23NATO and European Energy Security
2008-04-12Asia’s Republican Leanings
2008-04-07Famine, food and fertilizer
2008-05-29Defense Issues for the Next Administration
2008-05-05Global Neo-Liberalism, the Deformation of Education and Resistance
2008-05-16How to manufacture a global food crisis: lessons from the World Bank, IMF, and WTO
2008-05-17Planned US Israeli Attack on Iran: Will there be a War against Iran?
2008-05-17The world health report 2007 : a safer future : global public health security in the 21st century.
2008-02-21The Spread of Nuclear Weapons: More May Better
2008-02-22Conversations in International Relations: Interview with John J. Mearsheimer (Part I)
2008-02-16The Eurodollar
2008-02-20Has Globalisation Peaked Already?
2008-03-23Future Human Evolution -- Eugenics in the Twenty-First Century
2008-03-24Chalmers Johnson: “Nemesis: The Last Days of the American Republic”
2008-03-19The new liberal imperialism
2008-03-24The Collapse Of American Power
2009-02-12The Tumbrils Roll at Dawn
2009-02-11Renewing American Leadership
2009-03-02News Analysis: EU leaders say no to protectionism, pledge coordination on bailout
2009-03-04The U.S. Hegemony ends, the era of global multipolarity enters
2009-03-06Italy stresses need for building global economic order
2008-11-08G-20 Urges Stimulus to Ease Impact of Global Slump
2008-11-05Post cold war Indian foreign policy
2008-11-21The New Geopolitics
2008-11-15Text of Bush's remarks on economic summit
2008-11-17Hooray for the Global Crisis!
2008-11-17A World System in Collapse! -- Reply to Gen. Ivashov
2008-11-18Bankers Shake Down Congress and the G-20 -- "Our Trash for Your Cash"
2008-11-11The Case for Restraint -- Ruth Wedgwood responds
2008-11-26The centre won’t hold any more
2008-11-25A Secure Europe in a Better World -- European Security Strategy
2008-11-28America’s Economic Crisis Is Beyond The Reach of Traditional Solutions
2008-12-06Beware of the return of gold standard
2008-12-06Japan’s Interests and Policies in Northeast Asia -- A Critical View
2008-12-06Indonesia, Iceland and the IMF - Part I
2008-12-19The economic Civil War
2008-12-19Will Berlusconi finish off the G8?
2008-09-26Copenhagen Consensus 2008 Challenge Paper Terrorism
2008-10-24Russia and the World in the 21st Century
2008-10-10World looks to G7 in crisis; US weighs equity stakes
2008-10-11IMF chief urges world cooperation to fight credit crisis
2008-10-11G7 aims broad five-point action plan at global crisis
2008-10-16Bailout Continues on Global Scale; Are We Becoming the Weimar Republic?; ACORN Facing Allegations of Voter Fraud
2008-09-17Award winning economist says America has bankrupted itself with the Iraq war
2009-07-22Street Fighting Man
2009-08-21Berlusconi Reiterates Support For G8 Expansion
2009-09-28Government Spending Is The Solution--not The Problem -- All Debt Is Not Created Equally
2009-10-12A chinese Economist's View Of The Global Financial Crisis
2009-03-28All Private Guns Will Be Confiscated By September 2009, US Tells Russia
2009-04-01The Big Takeover
2009-04-02Chinese, U.S. presidents meet in London on important issues
2009-03-15Flushing the Parasites -- Reforming the Global Financial System
2009-03-23News analysis: EU takes different approach to financial crisis
2009-06-27U.S., Germany speak out in "one voice" on global issues
2009-06-18US reform 'will secure Chinese investment'
2009-07-15Gas to cloud Germany, Russia talks
2007-09-25Chinese buy into conspiracy theory
2007-09-28The Mega-Lie Called the "War on Terror": A Masterpiece of Propaganda
2007-10-03Why the United States Invaded Iraq and is Now Thinking About Invading Iran
2007-09-24Russia bolsters ties with Iran
2007-10-08'I Am not a Warmonger'
2007-10-09Dollar Fall Is Catalyst For Predatory Global Government
2007-10-16The global Oil grab of 2007
2007-10-17Iran: Nuclear programme
2007-09-06Excerpts from an interview with Lee Kuan Yew
2007-09-09It's the Demography, Stupid
2007-08-24The Human Bomb -- The Sarkozy regime begins
2007-08-24Why Russia Fears Transatlantic Missile Defense
2007-08-25As China Roars, Pollution Reaches Deadly Extremes
2007-08-07Transcript: Bush news conference
2007-08-15The Long Haul: Fighting and Funding America's Next Wars
2007-06-11World's defense chiefs meet in Singapore
2007-06-08Remarks at the Centennial Dinner for the Economic Club of New York
2007-06-06US-Russia row looms over G8 talks
2007-06-07The Persian Puzzle: An Interview With Kenneth Pollack
2007-05-31The Case for Bombing Iran
2007-06-02'High priests of globalization' in Istanbul
2007-07-04Renewing American Leadership
2007-07-04Rising to a New Generation of Global Challenges
2007-07-01Democratic Realism -- An American Foreign Policy for a Unipolar World
2007-07-02Zionist Plan for the Middle East
2007-07-10World’s financial community gives two fingers to the US
2007-07-17Why Bush Will Be A Winner
2007-03-14Polycentrism and Western Policy
2007-03-14Review of Current Trends in U.S. Foreign Policy
2007-03-09The Nuclear Threat From China
2007-03-13The Demography of Europe
2007-03-01Japanese MP says Japan could become Chinese province
2007-03-24Is the American Empire on the Brink of Collapse?
2007-03-17Hong Kong, Singapore economies freest
2007-02-20Misplaying North Korea and Losing Friends and Influence in Northeast Asia
2007-01-30The Proliferation Security Initiative: Coming in from the Cold
2007-02-18After Neoconservatism
2007-01-22The Federal War on Gold, Part 3
2007-01-25MIDDLE EAST - Timeline of recent developments
2007-01-27The rise of China to rival U.S. may take longer as it sorts out domestic issues
2007-01-07New Ripples And Responses To China’s Water Woes
2007-04-07Big risks to global economy 'receding'
2007-04-17Commission Adopts Resolutions On Combating Defamation Of Religions; Right To Development
2007-05-01The American Way of Empire
2007-05-02Country Reports on Terrorism -- Chapter 2 -- Country Reports: South and Central Asia Overview
2007-05-02President Bush Meets with EU Leaders -- 2007 U.S.-EU Summit
2007-05-03National Security Briefing == Presented to then-Governor Bush
2007-05-04The world in 2020
2007-05-09Major powers to discuss sanctions against Iran
2006-10-16Weapons of mass financial destruction
2006-10-10A Nuclear North Korea Is a Gift to Investors: Andy Mukherjee
2006-10-17Blame China
2006-11-07Forget Asia's Stats -- It's All About Politics: William Pesek
2006-11-14Grand Strategy as Order Building
2006-11-17Milton Friedman, 94, Free-Market Theorist, Dies
2006-11-12Dollar Drops This Week as China Says It Will Diversify Reserves
2006-10-30IMF seeks talks to steer global soft landing
2006-11-03Demystifying Doha -- Making Sense of the WTO Agricultural Trade Talks
2006-12-03Baghdad Year Zero - Pillaging Iraq in pursuit of a neocon utopia
2006-12-18“Bush’s Dream”
2006-12-19Vladimir Putin's Russia - Don't mess with Russia
2006-12-22Monday view: Airbus could trigger 'nuclear option' of currency controls
2007-01-01Only renewed multilateralism can save America
2006-11-19A Troubled River Mirrors China’s Path to Modernity
2006-11-19PREPARING FOR A NEW COLD WAR, Part 2 - Asymmetric challenge to the US colossus
2006-11-18IMF's De Rato Says U.S. Housing Slowdown Is a Risk (Update3)
2006-11-22Full text: Vladimir Putin interview
2006-11-26China's Economic Brawn Unsettles Japanese
2006-12-02Oceans apart
2006-08-24Foreign Affairs Magazine: The India Model
2006-08-22A fair but fading wind
2006-04-20The Next Iraqi War? Sectarianism and Civil Conflict
2006-05-01Taking on Tehran
2006-10-08ICBC Seeks as Much as $19.1 Billion in Biggest IPO
2006-09-20Why Savers Are Losers
2006-09-23Europe Learns the Wrong Lessons
2006-09-03The World According to China
2006-09-03The Next Space Race - Interview - John Pike
2006-09-12The Nation That Fell to Earth
2008-09-13Western Migration to Eastern and Central Europe
2008-09-12The Worsening Debt Crisis: Who Got Us into This Mess and What are the Real Political Options?
2008-09-02The New Financial Heavyweights
2008-10-14Building a Bigger, Better NATO at Riga
2008-10-13Letter to Chairman Rockefeller and Vice Chairman Bond
2008-10-12Operation Sarkozy : how the CIA placed one of its agents at the presidency of the French Republic
2008-10-12Crisis marks out a new geopolitical order
2008-10-24Don't Expand NATO: The Case Against Membership for Georgia and Ukraine
2008-10-18Enoch Powell and the Rise of Political Correctness in Britain
2008-09-18US Genocide in Iraq
2008-09-19Ex-secretaries of state share advice for next president
2008-10-01Odious Rulers, Odious Debts
2008-10-05The Echoes Of Crisis
2008-10-06Blocked pipes
2008-10-07Walker's World: Europe fails to act
2008-12-23How to Pay for a 21st-Century Military -- Editorial
2008-12-22Global Investing Economic Outlook for 2009
2008-12-27Barack Obama: The Naked Emperor
2008-12-27Opening Statement before the International Military Tribunal
2008-12-30As if Things Weren't Bad Enough, Russian Professor Predicts End of U.S.
2008-11-28The Obama Letdown -- The Neo-Yeltsin Administration?
2008-11-27Obama's one-trick wizards
2008-11-25Some Points on Understanding China's International Environment
2008-11-23The Politics of Money
2008-11-12Joseph Stiglitz: Crisis points to need for new global currency -- interview
2008-11-14How the US can learn to survive and thrive -- Creative technology is the key
2008-11-14Japan to propose 100 billion dollar IMF loan in Washington
2008-11-18Naomi Klein on the Bailout Profiteers and the Multi-Trillion-Dollar Crime Scene
2008-11-21A Conversation with Vicente Fox Quesada
2008-11-19The New Kleptocracy: Biggest "Giveaway" in American History
2008-10-29World ‘has six days to save Pakistan’
2008-10-31The Taiwan Challenge
2008-11-08Obama vows to confront economic crisis head on
2008-11-07The Long-term Implications of the Global Financial Crisis. New Vision Conference Session 5
2008-11-07Obama Adviser Outlines Foreign Policy Views
2008-11-09U.S. Urged To Shape New World Economy
2008-11-10The US's geopolitical nightmare
2008-11-10The 2008 Global Cities Index
2008-11-10The Global Grand Bargain
2008-11-10The Eurabian Revolution
2009-02-09The Wrong-way Corrigans who Engineered the U.S. Train Wreck
2009-02-13Trying to Revive the Bubble Economy: Obama's Awful Financial Recovery Plan