Energy Firms Cross the Arctic, Greenpeace Denied

Melting Arctic ice is bringing big changes to the world’s shipping and energy industries. It’s opening up access to new stores of oil and gas—the region is estimated to contain 13 percent of the world’s untapped oil reserves and 30 percent of its gas—that were previously inaccessible. And it’s also opening up a new shipping […]

Med-Tech Roundup: Telemedicine, Texting Pills, and Stem Cells, O My!

The news recently had stories about three more interesting med-tech advances that might make health care both more efficient and more affordable down the line. First, a new study finds that doctors do a better job treating children when they have telemedicine at their disposal than when they don’t. The study looked at children who […]

Custom Travel Experiences and the Guides Who Give Them

When the number of pre-made trip packages for sale on its site became scarce, the new online travel marketplace Vayable started offering customized travel experiences as a stopgap measure to boost its offerings. Forbes reports that they quickly found that the demand for custom trips was much greater than the demand for pre-made trips. Vayable has […]

China’s Looming Water Crisis is a Danger to Us All

China’s deteriorating environment is evident to anyone who lives under smoggy skies in Beijing, who saw the pigs floating downstream through central Shanghai, or who has ventured out to China’s rural farmland to talk to farmers about the polluted water used for drinking and irrigation. On his blog earlier this month, journalist Eric Fish argued […]

WRM in WSJ: Obama's Failed Grand Strategy

Though still traveling in India, WRM has a major essay in the Wall Street Journal on the comprehensive and compounding failure of Obama’s Middle East policies. Here’s a taste: The next problem is that the Obama administration misread the impact that its chosen strategies would have on relations with Israel and Saudi Arabia—and underestimated just how miserable those […]

Republicans Need a Better Strategy on Obamacare

Republicans’ no-holds-barred resistance to Obamacare continues unabated, as 80 Representatives are asking the House leadership to use the upcoming budget vote to defund the law. In a conference call with House Republicans, Speaker Boehner seemed to come out against risking a government shutdown over ACA funding, but hinted at using the upcoming debt-ceiling vote to stage […]

Egyptians Still Love The Military

To outsiders it seems perverse: a country overthrows a deeply disliked military dictator, only to cheer on as the army overthrew his democratically-elected successor two years later, killing about 1,000 civilians in the process. How is it that Hosni Mubarak, that once deeply disliked dictator, was freed from prison yesterday without much public protest?The answer […]

Defiant Bo Turns on Wife as Show Trial Continues

Bo Xilai kept up a feisty defense as his trial, the prosecution of the highest-ranking Communist Party official in decades, continued for a second day on Friday. After a video interview with Bo’s wife was played in which she detailed the shady purchase of a villa in France (she then transferred her shares to the […]

California: "Completely Premature" to Say We’ll Meet ACA Deadlines

California, which made big Obamacare headlines a few months ago for its misleading premium comparisons, is back with more bad news. It turns out that the state isn’t sure it will be able to launch its online insurance exchange by the October 1st deadline. WSJ: The spokesman said the agency is still doing checks, and […]

Without Reform, High Pension Fund Returns Just Delay the Inevitable

Reuters reports that many public pension funds are enjoying double-digit returns for fiscal year 2013. That’s considerably higher than the expected rate of return for public pensions, which often falls somewhere between 7 and 9 percent, and much higher than their recent returns, which have in many cases been in the low single digits. Although […]

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