and has allowed us to join the Obama Pivot towards Asia. We stay long Japan and EM Asia in equities on stronger signs of an economic rebound in the East
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registered in the international centers as Saudi islands. Only the demarcation of the maritime borders has been done. Both Egypt and Saudi Arabia has not relinquished any part of their territories. The demarcation of the border came for reasons of economic benefits that could be...
that view is on track. Spain in particular is in difficult shape (see page 5); its banks and government may have to borrow 1.5 trillion Euros over the next 12 months while in recession. Both the ECB and EU will need to keep the spigot open to prevent Spain from becoming a bigge...
…egimes have generally maintained some illusion of pluralism as one of their main concessions to the post-Cold War international or- der, a number of governments have been less attentive to this priority, drifting back toward the electoral tactics, and lopsided results, of 20th-c...
…h: last year’s flotilla made a big difference for the people of Gaza — at a terrible cost in lives — by refocusing international attention on their plight and forcing a change in Israeli policy. Today, twice as many goods enter from Israel as before. Nonetheless, Gaza remains a d...
Recourse to the Fund’s Assets The Fund’s assets, including any investments made by the Fund and any funds held by the Fund, are available to satisfy all liabilities and other obligations of the Fund. If the Fund becomes subject to a liability, parties seeking to have the liabili...
…between what topics China’s leaders think are important about China and what the world thinks,” says Kuhn, also an international corporate strate- gist and investment banker. “Under- standing China requires knowing the difference.” He was speaking recently in the five-star Grand...
…ilight of the Gods, part 2: Can releases of strategic oil reserves keep oil prices down for more than a few weeks? International Energy Agency member countries agreed to release strategic petroleum reserves to bring oil prices down. They have a lot of ammunition to do so; govern...
solution is to devolve commercial banks into their separate deposit and lending functions, with separate stockholders and only incidental interaction. It is best for the free market to do this alone. The omnibus fund could be the decisive innovation. It too is possible today. I...
Area Analysis 14 USVI Visitor Expenditures $1,000.0 ——___—___—__—_—— 4,000.0 $900.0 4 : = : - 7 a ~ 3,800.0 - 3,600.0 $300.0 ~——____—_—— — 3,400.0 $700.0 3,200.0 $600.0 | —--— : —$_________| 3,000.0 ww "i & 2 = $500.0 = 2,800.0 r 2,600.0 isitors (Thousands) $400.0 - =...
Area Analysis 8 Economic Analysis Area Analysis Location The U.S. Virgin Islands are located in the Caribbean Sea and the Atlantic Ocean, about 90 miles (140 km) east of Puerto Rico and immediately west of the British Virgin Islands. The territory consists of four main islan...
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cancer. Virginia Johnson, 88. One of the key figures in the sexual revolution in postwar America, she conducted groundbreaking research in human sexuality with her collaborator, William Masters. Died July 24. Barnaby Jack, 36. A New Zealand-born computer-security professional w...
…d to the collapse of the nation- state and the end of the business cycle, or that the US would dominate a unipolar international system and bring about the triumph of democracy and free markets worldwide. That many of the same experts who were celebrating US triumphalism in the...
But a series of accidents, in Israel’s life and in mine, would soon point me in a dramatically different direction. The first became known as the Rotem Crisis, and it delivered a jolting reminder of Israel’s vulnerability to a surprise attack from neighboring Arab states. Militar...