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After the breakdown of WTO Doha Round negotiations this summer, some economists -- including IIE’s Fred Bergsten - are advocating the pursuit of regional or preferential trade agreements (PTAs) to further free trade while the WTO is stalled.
California has taken the lead on U.S. efforts to combat global warming with a landmark agreement between Republican Gov. Arnold Schwarzenegger and state Democrats on legislation that would require big cuts in carbon emissions. A law expected to pass California’s Democratic-controlled lower house today would cut carbon gas emissions to 1990 levels by 2020, a 25 percent reduction. Schwarzenegger, who faces a re-election campaign in the fall, announced yesterday that he would sign the law.
There were few surprises at this year's 58th Annual Primetime Emmy Awards, with the usual suspects--24, Will & Grace, West Wing and the perennial thinking-crowd favorite Daily Show with Jon Stewart--all nabbing awards yet again.
Chad has expelled oil giants Chevron and Petronas from the country for allegedly failing to pay taxes. The press seems to be suggesting that the move is either another Bolivia-style nationalization or simply the government moving the American and Malaysian companies out of the way for another investor:
I am pleased to announce the release of the 2006 edition of the Commitment to Development Index. Each year the CDI rates and ranks 21 rich countries on how much their policies help or hurt poorer nations. The CDI assigns scores in seven policy areas (foreign aid, trade, investment, migration, environment, security, and technology), with the average being the overall score.
Faryar Shirzad left the White House last week for Goldman Sachs, where he's the new vice president and director of international policy. Shirzad was deputy assistant to President Bush and deputy national security adviser for international economic affairs...