Today, Prime Minister Shinzo Abe announced that Japan will officially join the Trans-Pacific Partnership (TPP). This comes a day after Prime Minister Abe received the okay to join TPP by his Liberal Democratic Party, a month after visiting President Obama and discussing the partnership, and more than a year since …
March 15 marks the first anniversary of the Korea–U.S. Free Trade Agreement (KORUS FTA). Over the past 12 months, a growing number of businesses in both countries have taken action to capitalize on the expanded opportunities created by the free flow of products, services, and ideas through the KORUS FTA. …
At the height of the recession, one in 10 Americans who wanted to work could not find employment. Since then, the unemployment rate has gradually fallen. Typically, when the unemployment rate goes down, it’s because more people find jobs. In this recession, however, employment rates have been flat. In February, …
Although Hugo Chavez just died last week in Caracas, economic freedom predeceased him in Venezuela by at least a decade. When Chavez took power in 1999, the Venezuelan economy was rated at 54 points out of 100, according to The Heritage Foundation/Wall Street Journal’s annual Index of Economic Freedom. This …
New York City Mayor Nanny Michael Bloomberg got a well-deserved legal spanking of his own today from a state court judge ruling against his imperial ban on the sale of large-size sodas and other sweetened drinks. The prohibition was due to take effect on Tuesday. New York Supreme Court Judge Milton …
January’s unemployment numbers for the 17 countries of the eurozone has moved closer to 12 percent. This underscores the strong economic headwinds that face these member nations as they continue to grapple with an ongoing economic crisis. This same data reveals deep internal chasms within the eurozone between the economically …
The Bureau of Economic Analysis (BEA) recently released statistics on U.S. exports for January, but failed to mention of one of the biggest U.S. “exports”—federal Treasury securities. In 2012, the government financed its deficit spending by selling $382 billion in Treasury securities to foreign buyers. To put that in perspective, …
