Wrongheaded environmental policies and “green” protectionism are endangering millions of jobs and costing consumers in both developing and developed countries. A new report about the Forest Stewardship Council (FSC), a global forest certification organization, entitled “Stop the War on the Poor—FSC and NGOs: Environmental Mythology,” highlights one aspect of the …
On June 20, the government of Belize expropriated the 70 percent ownership interest in the Belize Electric Company (BEL) held by the shareholder-owned, Canada-based energy giant Fortis. Belize Electric Company Limited (BECOL), a hydroelectric business that Fortis also owns, has not been expropriated—yet. Fortis has invested more than $400 million …
The announcement last week by President Cristina Fernández de Kirchner’s government that Argentina intends to repay nearly $9 billion in official sovereign debt—a higher figure than it had said previously that it owed—to other member nations in the Paris Club could be seen as a step forward. But apparently it …
Michael Barone has an interesting piece today highlighting a recent article by George Mason University economist Tyler Cowen in The American Interest that explains how rising U.S. living standards across the board have “spread the wealth” far more efficiently than any statist program the Obama Administration can dream up. Cowen …
Although Belize has made some progress on its Index of Economic Freedom score in the past few years, recent actions by the government of Prime Minister Dean Barrow and the supermajority his United Democratic Party enjoys in Parliament may have put that progress at risk. Belize is increasingly wracked by …
When the Mexican government imposed punitive tariffs last year on $2.4 billion in American products the average Mexican citizen may not have noticed. But no more. Try finding a U.S.-grown Christmas tree in Mexico City this week. They are scarce since Mexico’s usual suppliers of holiday evergreens, growers in the …
