A beleaguered Indian federal government tried last week to break out of its rut and boost what is finally recognized as a struggling Indian economy. It did so with a bold and valuable decision to expand foreign participation in retail. Foreign companies will be able to wholly own single-brand stores …
Conventional wisdom has it that China’s growing economy poses a serious threat to America’s status as a global economic superpower. The media and politicians repeat time and again that the United States is losing much of its manufacturing base to China and that American jobs are disappearing as a result. …
Taxpayers will likely shell out another $14.3 million in federal aid to the 1,100 people formerly employed by defunct solar company Solyndra. The Labor Department announced Monday that it had approved Trade Adjustment Assistance payments for those former employees, which may pay out about $13,000 for each. TAA is designed …
Tonight at 8 p.m. ET, eight Republican presidential candidates will take the stage at Constitution Hall in Washington, D.C., to tell America where they stand on foreign policy and national security in a special debate hosted by The Heritage Foundation and the American Enterprise Institute, broadcast on CNN and moderated …
On November 16, President Barack Obama and Australian Prime Minister Julia Gillard announced their intention to increase U.S. Marine Corps and Air Force training in Australia. The expanded U.S. military presence is meant to enhance allied interoperability and reassure friends and allies in the region worried over an increasingly assertive …
On November 2nd, the China National Space Administration (CNSA) completed a critical milestone in its young, yet ambitious, space program. China’s unmanned Shenzhou 8, which launched on October 31, successfully completed an automated rendezvous and docking with their prototype space station module, Tiangong 1. This docking exercise is a critical …
The political debate over China seems familiar because they’ve been on the political table for years. Is China taking American jobs? How cooperative is the People’s Republic of China (PRC) on issues like nuclear programs in North Korea and Iran? China rises; America frets, and Presidential candidates talk about roughly the …
The Legatum Institute has just released its 2011 Prosperity Index. The index has a number of strengths, topped by the versatility of its supporting Web site. But Legatum has trumpeted an inaccurate finding that China has eclipsed the U.S. on the narrow economic dimension of its measure of prosperity. This …
