Japan Walks Back Official Whitewashing of War Record

Japanese Prime Minister Shinzo Abe is having second thoughts about recanting his country’s apology for crimes committed in World War Two. Abe recently suggested that Japan might not have been the aggressor during the war due to the fact that “invasion” is a subjective term. Fortunately, saner voices have prevailed in the Prime Minister’s office. […]

Yet Another Round of Climate Talks Ends with a Pffft

You probably didn’t know that yet another round of international climate negotiations was going on last week in Germany. Don’t feel bad, we were just as ignorant. Fortunately, you didn’t miss much: The conference in Bonn ended without any commitments.This is what we’ve come to expect, given the international community’s track record at these grand climate […]

Rahul Gandhi’s Congress Party Wins Big in Karnataka

Nearly all the votes are in from the southern Indian state Karnataka’s legislative assembly election over the weekend, and it looks like the Congress Party won big. Congress, the national ruling party, of Jawaharlal Nehru, of Indira and Rajiv Gandhi, and now of Rajiv’s son Rahul, took 121 seats, over the BJP’s 40, out of a […]

New York’s War on Food Trucks Rolls On

American city dwellers are flocking to the sidewalks for the fast, delicious food to be found in food trucks. Not surprisingly, city regulators and bureaucracies have been slow to catch up with these rolling kitchens, leading to all kinds of headaches for these small business owners.The problems in New York City are particularly bad. Food […]

Benghazigate: Republicans Missing the Point

It may be that, even as I am writing this very sentence, a mid-level State Department official named Gregory Hicks is testifying before a Senate Committee and, in effect, connecting former Secretary of State Hillary Clinton (never mind the hapless Susan Rice) to a cover-up in the aftermath of the tragic events of September 11, […]

Brazil Scores Victory at WTO, But Does It Matter?

The WTO has just selected a new leader amid one of the gravest crises since its founding. The race had been narrowed to two candidates, Roberto Azevedo of Brazil and Herminio Blanco of Mexico. Both are widely respected figures from Latin Ameria, but much has been made of the fact that Blanco enjoyed the backing […]

Putin Shoots the Messenger

A lot of politicians around the world would probably enjoy doing this: if a pollster is reporting that your popularity is sinking, you sic the prosecutors onto the pollsters.That’s just what Russia’s Vladimir Putin has been doing. Brandishing a new law designed to stain the reputation of NGOs by forcing them to register as agents […]

Iranian Arsonists Warn of Middle East Fire Hazard

Iran’s Foreign Minister, of all people, has warned the world that bedlam and chaos will sweep the Middle East if the Syrian rebels defeat the forces of Butcher Assad.So, if we understand that correctly, Iran’s line on the Middle East seems to be: “any attempt to interfere in our systematic program of regional destabilization will […]

College Grads: Heads Up!

This year’s crop of college grads will be entering one of the toughest job markets the country has seen in years. Some of this is a natural result of the recession, but as Zero Hedge points out, much of it is due to structural changes in the economy that have made college degrees less valuable than in […]

Insider Trading Is Ripe for Regulating

Insider trading may be one of the most difficult areas of finance to regulate, but it’s also one of the most important. The Washington Post has a report explaining why: The Stock Act, passed last year but watered down last month, requires that government officials, congressmen and their staffers treat certain information as confidential without […]

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