Reform of the U.S. arms export control took a major step forward this week when the Departments of State and Commerce released final rules governing aircraft and gas turbine engines. However, the Arms Trade Treaty (ATT), which the Obama Administration voted to adopt at the United Nations earlier this month, …
At noon on Wednesday, Peter Woolcott, the president of the U.N. Conference on the Arms Trade Treaty (ATT), released the last draft of the treaty. The only further changes will be technical corrections: As Woolcott put it, this is a take-it-or-leave-it document. This latest draft contains a substantial number of …
The front page of the business section of the New York Times today notes recent Chinese state intervention in trade. The Times is right to make this observation, if six… or eight… months late. But recent Chinese moves are neither new nor particularly important. The intervention in trade is long-standing; recent …
Here is a quote from the President’s new budget (emphasis added): “If we lead the world in the research and development of clean energy technology, we can create a whole new industry with high-paying jobs that cannot be shipped overseas. Some compare the promise of this sector to information technology.” …