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The question is whether anything other than a massive, one-off revaluation in the RMB versus the dollar - something that is not in the cards - will have any significant impact on employment in the U.S. or Europe. Economists differ around the edges of this debate, but most agree that a...
The safety disparity has many causes, including greater automation in the U.S. and a more sustained focus on workplace safety. China depends on relatively cheap coal as a key source of energy for its rapidly growing economy, and its mines churn out more than twice the amount as the U.S...
Yet, as the rescue efforts drag on, journalists at the scene of the Shanxi mine have reported difficulty speaking with family members or obtaining up-to-date numbers of the total number of fatalities. Twelve miners have been confirmed dead, and another 26 are missing, the state-run Xinhua news...
National efforts at improving conditions often hit obstacles at local levels of government, where there are strong incentives to overlook safety problems. "The people who are tasked with doing the investigations are the same people who have financial interests in the mines themselves," says Crothall. "You can't really rely...
After Lopez-Lizana reported that the uranium was accounted for, the NNSA team had to shift it through a crisis zone to a port on high alert for tsunamis. And their cargo was unstable. HEU must be stored and shipped in certain geometrical configurations - long, flat sheets, for instance - so...