Japan’s Ultra-Powerful Bureaucrats Undergo Webcast Public Exposure


Seeking to bring its spiraling debt under control, Japan has undertaken an unlikely exercise:

lawmakers are forcing bureaucrats to defend their budgets at public hearings and are slashing wanton spending.

Seeking to bring its spiraling debt under control, Japan has undertaken an unlikely exercise:

Inequality Grows in Chinese Health Care System: IHT Special Report


China has an increasingly pyramidal health care system, with many small hospitals at the bottom, fewer midsize hospitals in the middle and a small number of very large hospitals at the top.

There are two main factors at work in creating this unwieldy system: patient preference, and the unwillilngness of young doctors to work at smaller hospitals.

Oil Spill Debacle Encapsulates Obama’s Structural Flaws


By David Caploe PhD, Chief Political Economist, EconomyWatch.com

Ever since he became President, Barack Obama has displayed a disturbingly consistent pattern of behavior:

Published
Categorized as Markets

Merkel’s Mistake: Greek Bailout Actually for German, French Banks


While it deserves a full Featured Analysis, which it will receive at some point in the not-so-distant future,

one of the points that has tended to become lost in this whole discussion of the Greek bailout [br]

While it deserves a full Featured Analysis, which it will receive at some point in the not-so-distant future,

After Niger Coup, China Confirmed As Africa’s “Behind-the-Scenes” Power


Just a few months ago, China was widely derided here as the financial backbone propping up an autocratic president, Mamadou Tandja,

giving him the confidence to ignore international condemnation as he chopped away at Niger’s democratic institutions.

American Expatriats Renouncing Citizenship in Greater Numbers


Amid mounting frustration over taxation and banking problems, small but growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship.

Amid mounting frustration over taxation and banking problems, small but growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship.

US Now IN-Sourcing Counterfeiting of $100 Bills ;-)


The rise of digital money, where the wealth sits in charged ions along the strip of a bank card, has not meant the demise of the counterfeit bill.

According to one expert on counterfeits, through the late 1990s, Treasury Department officials estimated that about $20,000 in phony bills was passed in New York City each week.

North Dakota: Lots of Jobs but Far Too Few Places to Live


For quite a while now, we’ve argued one of the main problems confronting the US and global economy as a whole, as well as several of its major players, like China and India,

For quite a while now, we’ve argued one of the main problems confronting the US and global economy as a whole, as well as several of its major players, like China and India,

Federal Reserve Made $47.4 Billion in 2009


The Federal Reserve transferred $47.4 billion, a record sum, to the Treasury Department last year, a result of the central bank’s actions to support the fragile housing market.

The transfer to the public coffers rose roughly 50 percent, or $15.7 billion, from $31.7 billion transferred in 2008,

India: Toxic Radiation Found in Scrap Metal Raises Fatal Concerns


For years, India and other developing countries, particularly China, have imported different categories of waste from developed countries as a lucrative, if controversial, business.

Critics have blamed the importing of discarded computer equipment, known as toxic e-waste, for long-term chronic health problems among workers in scrapyards, as well as environmental damage.