Word: tariffers
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...have been spared,” he said. Lawrence, however, also pointed out that protectionism is not a viable response for containing the fallout. “If we think back to the 1930’s, I think there’s little doubt that dramatic increases in tariff in the United States made that depression much deeper, and left a legacy that took us decades to remove,” he said. Lawrence added that despite the depth of the global recession, he remained optimistic about the decisions that national leaders have made about trade...
...Mussolini's march on Rome and Hitler's attempted putsch in Munich. By the time of the Depression, in 1929, the fascists had been in power for years, and the Nazis had been growing in strength for most of the decade. Furthermore, Gingrich's description of the Smoot-Hawley Tariff seems to imply it was part of F.D.R.'s New Deal. Smoot and Hawley were Republicans, and the act that bears their names was passed in 1930, during the Hoover Administration. If Gingrich can't get his facts straight about the last century, why should we listen to his suggestions...
...Mussolini's march on Rome and Hitler's attempted putsch in Munich. By the time of the Depression, in 1929, the fascists had been in power for years, and the Nazis had been growing in strength for most of the decade. Furthermore, Gingrich's description of the Smoot-Hawley Tariff seems to imply it was part of F.D.R.'s New Deal. Smoot and Hawley were Republicans, and the act that bears their names was passed in 1930, during the Hoover Administration. If Gingrich is unable to get his facts straight about the last century, why should we listen...
...Chinese water spinach, cooked in a chili-infused shrimp paste known as belachan. For dessert, go for the sago gula melaka, a mixture of boiled sago, warm coconut milk, palm sugar and shaved ice. The cost of an average dinner for two (without alcohol) is around $50, a modest tariff for food that is invariably sedap. That's Baba Malay for "delicious," and a word that will hopefully live for a long time...
...bank listed some of those measures: Russia has raised tariffs on used cars, Argentina imposed new licensing arrangements for imports, China banned Irish pork, India banned Chinese toys. No fewer than 13 countries have granted subsidies to various parts of the automobile industry. And the bank didn't mention the nasty spat that has broken out between the U.S and Mexico; the U.S. has stopped a program that allowed Mexican trucks on American roads, and Mexico has retaliated with tariff increases. Said World Bank president Robert Zoellick: "Leaders must not heed the siren song of protectionist fixes. Economic isolationism...