WTO Rules on U.S. Trade Remedies Practice of ‘Double Counting'!
March 16, 2011 7 min. read

Last week’s ruling by the WTO Appellate Body on the U.S. trade remedies regime went mostly unnoticed, due to the dramatic developments in Japan and Libya.  However, its implications could be significant… thought not immediate.  The Appellate Body reversed a previous panel decision which allowed the U.S. government to apply higher tariffs to imports from […]

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ASEAN membership for Timor Leste
March 16, 2011 3 min. read

Timor Leste officially applied for membership to the Association of South East Asian Nations (ASEAN) last week in an effort to reap the economic and political advantages that come with membership to the regional organization. Despite the backing of Indonesia, the current chair of the ASEAN, Timor Leste’s path to membership will be arduous with […]

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Japan's disaster affects U.S. policy, economy
March 16, 2011 3 min. read

Two explosions at Fukushima’s Daiichi nuclear power plant have caused the nuclear situation to deteriorate rapidly. The explosions follow Friday’s 9.0-magnitude earthquake and subsequent tsunami, which Tokyo governor Shintaro Ishihara referred to as “tembatsu,” divine retribution, for the greed of the Japanese people. (This is the same man I referred to in Sunday’s post. I […]

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Fukushima meltdown: 3 Mile Island or Chernobyl?
March 15, 2011 3 min. read

Confusion persists as to the extent of the damage to the Fukushima Daiichi nuclear plant following Friday’s 9.0-magnitude earthquake, which left 10,000 dead or missing, and sped up the earth’s rotation, shortening the day by 1.8 microseconds. Tokyo Electric Power Company (TEPCO) is currently pumping seawater into the reactor in an attempt to keep the […]

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Death toll estimate rises to 10,000, no end in sight
March 14, 2011 2 min. read

The latest estimates of the death toll from Friday’s 9.0-magnitude quake is now 10,000. More than 180,000 people have fled from Koriyama, Fukushima, amid fears of a nuclear meltdown, and up to 160 people may have already been exposed to radiation. Power shortages have caused some train lines in Tokyo to suspend services. As financial […]

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after the quake
March 13, 2011 4 min. read

The death toll in Friday’s earthquake, now estimated to have measured 9.0 on the Richter scale, has now reached 687. Fuji TV is reporting that the number of dead and missing is 2800. There are now conflicting reports of a meltdown at the Fukushima Daiichi (No. 1) nuclear power plant. Chief Cabinet Secretary Yukio Edano […]

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Grameen Bank Founder Receives Support From Hillary Clinton
March 12, 2011 2 min. read

Over a phone call, U.S. Secretary of State Hillary Clinton offered her support to Grameen Bank founder Dr. Md. Yunus.  State Department spokesperson Phillip J. Crowley said that “Secretary Clinton spoke yesterday with Dr Muhammad Yunus and expressed support for the independence of the Grameen Bank in Bangladesh.” It’s not just that Mrs. Clinton offered […]

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More than 200 confirmed dead, 1000 missing in earthquake
March 12, 2011 2 min. read

The death toll has reached 202 people, and more than 1000 people are still missing, after an 8.8-magnitude earthquake hit Japan Friday, the largest earthquake in Japanese history, and triggered a 13-foot tsunami. (American media are reporting an 8.9-magnitude earthquake, while Japanese media are reporting M8.8.) Four trains wiped out in the tsunami in Miyaki […]

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Tsunami in the Pacific
March 11, 2011 1 min. read

An 8.9 magnitude earthquake hit the the northeastern coast of Japan earlier today and triggered a 10 meter tsunami that has killed hundreds of people with the death toll expected to rise. Tsunami warnings are in place for several countries including Indonesia, the Philippines and the U.S. west coast. More details on southeast Asian countries […]

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Magnitude-8.8 earthquake hits off the coast of Japan
March 11, 2011 2 min. read

A magnitude-8.8 earthquake hit off the coast of Japan near Miyagi prefecture at 2:46 p.m. local time today (a little over an hour ago), followed by a 7.4-magnitude aftershock about 30 minutes later. The earthquake triggered a 13-foot tsunami that wiped out cars along Miyagi’s coast. Much of Japan’s northeast coast has been affected. Live […]

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Gary Locke to be the Next U.S. Ambassador to China.
March 10, 2011 4 min. read

This week the White House announced that Gary Locke, current Secretary at the U.S. Department of Commerce would success outgoing U.S. Ambassador to China Jon Huntsman, who is stepping down to possibly run for president.  Mr. Locke is one of the two first ever Chinese-Americans to serve in the Cabinet, and is well known and […]

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Dispute over Liancourt Rocks flares up (again)
March 10, 2011 4 min. read

Democratic Party of Japan lawmaker Ryuichi Doi admitted Wednesday to signing a declaration that Japan should give up claims to the Liancourt Rocks during a visit to South Korea in February. The Liancourt Rocks are a group of two islets and 35 rocks in the Sea of Japan about halfway between Japan and Korea. They […]

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