America

Strategic Puzzle Shifts in Mideast

 For more than two decades, the Middle East fell easily into neat strategic pieces like a puzzle: A rock-solid peace treaty tied Egypt and Jordan to Israel; stable, pro-U.S. monarchies lined the length of the Persian Gulf oil channels; autocratic governments across North Africa seemed unshakable.

This Rebel Came Armed With a Balance Sheet

 By JOHN STEELE GORDON

When most people think about the American Revolution, they think about the remarkable ideals that lay behind it and that guide the country still, or they think of the war itself, with Gen. Washington's men freezing and half-starved at Valley Forge.
What doesn't come to mind very often is how the Revolution was paid for. "Wars are fought with silver bullets," according to a Chinese saying, meaning that the side with the most money usually wins. But in the case of the Revolution, Great Britain—the richest country in Europe and the possessor of the most advanced financial system—lost despite its silver bullets. And it lost to a ragtag bunch of former colonies that didn't have a regular money supply, let alone a financial system. Nor did the rebels have the capacity to manufacture arms or gunpowder in any quantity.

A Pistachio Farmer, Pom Wonderful, and the FTC

California philanthropists Lynda and Stewart Resnick own a pistachio empire twice the size of Sacramento. Now they're facing lawsuits over water control and the health claims of Pom Wonderful
By Susan Berfield
On an unexpectedly rainy October day in Los Angeles, Stewart Resnick looks out the window of a third-floor conference room and shrugs.

Australian GDP

There are two ways to view Australia’s quarterly rise in gross domestic product, revealed to a largely incredulous world on Wednesday. The glass-half-empty reading is that Australia, far from being different from the rest of the globe, is merely lagging it.

What did I say then?

Speak economic truth, Jiang urges leaders | SCMP (7 years 28 weeks ago):

A storm being brewed?

Former president Jiang Zemin yesterday appeared to weigh in o...

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