New York Times May 7, 2009 Stavros Dimas, the European Union commissioner for the environment, warned on Thursday that President Barack Obama’s goals to cut emissions over the next decade may not be ambitious enough to meet long-term targets. more
Reuters May 7, 2009 Today is the long-awaited report-card day for the nation’s stress-tested banks, and if the steady dose of leaks is to be believed, there is some good news for taxpayers and some not-so-good news for some very big banks. First, the good news. more
New York Times May 7, 2009 We’ve become so caught up in our banking stresses and stress tests in the United States that we sometimes forget about what is happening in other parts of the world economy. This matters because, while the United States is the world’s largest economy, we’re only about 20 to 25 […]
New York Times May 6, 2009 Reports of military mutinies and Russian plots in Georgia, while still unclear, have heightened tensions which were already building this spring. The U.S. should lead preventive diplomacy now, underscoring to Russia the high costs of intervention in Georgia while seeking to engage Moscow in a broad security dialogue. more
Reuters May 6, 2009 The United States and European Union have agreed to temporarily put aside a 20-year fight over beef and do some business — a new pragmatic stage in a testy trade relationship that experts say could bode well for other bilateral fights. more