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...billion in September on the heels of a record $127.4 billion in imports in September. Free-trade advocates argue that reducing tariffs benefits both sides in economic relations, while opponents claim free-trade zones produce a relentless search for the bottom line that only benefits the very wealthiest in society. What do you think? Are free-trade zones a good idea, or do they do more harm than good...

Author: /time Magazine | Title: Should the U.S. pursue free-trade policies? | 11/17/2003 | See Source »

...free trade is only good for those who are already powerful. There are no incentives to protect workers, but the wealthiest few are free to amass as much wealth as possible. It's the wrong question anyway. Why do we even call it free trade when we subsidize certain private sectors and impose tariffs on foreign goods? Both of which are complete violations of the very concept of free trade. Jarrod Powell Burlington...

Author: /time Magazine | Title: Should the U.S. pursue free-trade policies? | 11/17/2003 | See Source »

Khodorkovsky’s likely imprisonment is not just a tragic prospect for Russia’s wealthiest individual. Russia will lose its most trusted entrepreneur, which will make foreign investors more cautious. It has taken years for the Russian economy to buck the perception of dysfunctional cronyism; the latest ham-fisted attack on the most prominent Russian industrialist—and its seizure of 44 percent of Yukos—only makes the business climate more unpredictable and unattractive. Indeed, capital has once again started to flee from the country, and it now looks as though an anticipated merger...

Author: By The CRIMSON Staff, | Title: The Kremlin Strikes Again | 11/14/2003 | See Source »

CHARGED. MIKHAIL KHODORKOVSKY, 40, chief of the Russian oil giant Yukos and the wealthiest of the country's "oligarchs," who made quick fortunes after the Soviet Union's collapse by acquiring cheap state property; with fraud and tax evasion; by prosecutors in Moscow, after special forces surrounded his plane at an airport in Siberia. The dramatic move, part of an ongoing probe into Yukos, was seen by skeptics as a Kremlin-led effort to keep the tycoon, who has funded opposition parties, out of politics...

Author: /time Magazine | Title: Milestones Nov. 3, 2003 | 11/3/2003 | See Source »

...economy, Edwards said he would stop tax cuts for those with annual incomes greater then $200,000, keep the estate tax, close corporate tax loopholes and raise capital gains taxes for the wealthiest Americans while lowering them for the middle class...

Author: By Jeffrey C. Aguero, CONTRIBUTING WRITER | Title: Edwards Kicks Off ‘Hardball’ Series at IOP | 10/14/2003 | See Source »

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