Airlines and CO2: Trade wars and morals

Trade wars and morals

Dec 22nd 2011, 15:03 by M.S.

LET'S say you think enslaving children is bad, and you decide that foreign companies that use forced child-labour should be barred from marketing their wares in the United States. Should that be allowed, under international trade laws? What if the company in question is breaking no laws in the country where it uses such labour? Isn't that country being unfairly attacked? Who is the United States Congress to decide what kinds of labour should or should not be legal in another country? Would that country not have the right to retaliate by barring imports of some American products?

Nhà đầu tư đang chuyển từ “vàng” sang “xanh”

HỒNG NGỌC

22/12/2011 09:35 (GMT+7)

Thị trường châu Âu bấp bênh đang khiến đồng USD tăng giá mạnh trở lại, hấp dẫn nhà đầu tư đổ tiền mua vào tích trữ.

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Trong bối cảnh tình hình nợ công châu Âu tiếp tục u ám, thị trường thiếu vắng những thông tin kinh tế vĩ mô quan trọng, giới đầu tư đang tiếp tục đổ tiền vào việc tích trữ USD, từ đó làm suy yếu các loại hàng hóa khác.

Hôm qua, Ngân hàng Trung ương châu Âu (ECB) đã phân bổ 489,2 tỷ Euro, tương đương 643,8 tỷ USD, cho 523 nhà băng thuộc Khu vực đồng tiền chung châu Âu, tại các cuộc đấu giá khoản vay kỳ hạn 3 năm trong ngày.

Italy's austerity plan wins final confidence vote in Senate

English.news.cn   2011-12-22 22:49:48

Italian Prime Minister Mario Monti (C) delivers a speech before a confidence vote in Rome, Italy, Dec. 22, 2011. Italy's Senate gave final approval Thursday to Monti's emergency austerity plan that he said will "save Italy" from a dramatic debt crisis. (Xinhua/Wang Qingqin)

ROME, Dec. 22 (Xinhua) -- Italy's Senate gave final approval Thursday to Prime Minister Mario Monti's emergency austerity plan that he said will "save Italy" from a dramatic debt crisis.

Global economy in 2012 may be worse: IMF chief economist

English.news.cn   2011-12-22 04:46:36               WASHINGTON, Dec. 21 (Xinhua) -- With downside risks in advanced economies increasing and policy environment uncertain, the world economy may see worse conditions in the coming year, warned chief economist Olivier Blanchard of the International Monetary Fund ( IMF) on Wednesday. In an IMF blog, Blanchard wrote that the global economy in 2011 started in recovery mode with hope. However, it is ending with growth standstill and confidence loss.