Word: economice
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But there is more than just the Los Angeles fire for the state to worry about. A string of major wildfires has hit California over the summer. Addressing reporters on Sept. 3, Governor Arnold Schwarzenegger tried to sound reassuring, "Even though we have a budget crunch and we have an...
That day in Oakland with Jones was instructive. After visiting a community garden and a job training site for solar panel installers, we spent some time back at his office, where he addressed a visiting youth group, troubled kids, about the importance of staying in school and the new opportunities...
That can be seen clearly in the continuing stream of agreements tying together regional powers. In August, India inked two FTAs in a week, with South Korea and the 10-member Association of Southeast Asian Nations (ASEAN). ASEAN and China are scheduled to bring most of the final tariff reductions...
The drive to lower trade barriers has taken on fresh urgency amid the recession. Fears of an extended slump in spending by U.S. consumers have prompted policymakers to look to China, India and other neighbors as customers for exports. As Asian manufacturing networks become more intertwined - and as Asian consumers...
Not everyone is worried. Richard Baldwin, professor of international economics at the Graduate Institute in Geneva, says tariffs in Asia have already come down so significantly that the additional benefits of FTAs don't give Asian firms that much of an edge over foreign rivals. Some analysts also believe political...