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Here's an example of where China wants to both secure its interests and avoid conflict. The real puzzle about China's currency isn't just the value of the renminbi. It is, rather, how open China will be to flows of money. China has three choices: it can remain...
As both Geithner and Wang Qishan well understand, there are other compelling reasons for the RMB to rise. A revaluation will help China rebalance its economy by increasing the attractiveness of imports from everywhere; both developing nations like Vietnam and Thailand, whose own industrial development has been stunted by an...
The explosion at the Massey Energy company's Upper Big Branch mine was the deadliest U.S. mining disaster in 26 years. The U.S. is one of the safest places for the profession; last year the country recorded 34 fatalities, an all-time low, according to the U.S. Department of Labor...
Uranium for Free For the past 14 years, U.S. teams like the one in Chile have been engaged in a race against terrorists to gain control of the global supply of HEU - the compound from which a nuclear bomb can be most easily fabricated. President Barack Obama has said preventing...
All told, over several decades, the five permanent members of the U.N. Security Council distributed some 44,000 lbs. (20,000 kg) of HEU - enough for 800 nuclear weapons - to around 50 countries as diverse as Australia, Jamaica and Vietnam. Although that figure is a drop in the bucket compared...