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While the long-term damage to UBS may be difficult to gauge, experts say its reputation as a reliable institution has taken a beating. "Clients worldwide have lost trust in UBS's ability to protect their privacy," says Teodoro Cocca, former professor of asset and wealth management at the Swiss...
Vincent Reinhart, a fellow at the right-leaning think tank the American Enterprise Institute and a former top economist at the Federal Reserve, says the problem with the stimulus bill is that it stimulates parts of the economy - like the health-care and alternative-energy industries - that were likely to...
The nature of the original unrest, over an incident of workplace violence, offers clues to the depth of the Uighurs' feeling of economic discontent. The 800 Uighurs at the toy factory in the Guangdong city of Shaoguan were part of a government program to send minority workers to the coast...
IRAN A Threat or a Neighbor? While Washington has watched Iran's postelection chaos with growing alarm, Moscow has mostly looked the other way. Medvedev and Putin made no mention of the massive protests in Tehran or the allegations of vote-fixing when Ahmadinejad visited Yekaterinburg. That's because Russia...
If recent election results are any indication, the Japanese electorate is prepared to end the LDP's long stint running the country. In Tokyo's Metropolitan Assembly elections, considered a bellwether of the country's mood, the opposition Democratic Party of Japan (DPJ) for the first time won a majority...