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Globalization’s Victors Hunt for the Next Low-Wage Country

Spiegel - What can Western companies do when China’s factory workers start demanding better wages and conditions? Easy — just transfer production to a cheaper country. China’s loss is Vietnam’s gain.

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Bloom Off the Rose

American Conservative, by John Laughland - Yet Georgia is not only the country that gave the world Stalin and his most violent henchmen, notably Lavrenti Beria and Grigory Ordzhonokidze. It is a country whose current first lady proclaimed that her husband was a worthy inheritor of those brutes. In 2004, Sandra [...]

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‘Our Economy Will also Suffer’

Spiegel - At a meeting of parliament in Berlin on Thursday, Germany’s finance minister warned of the longterm consequences of Wall Street’s near collapse. Still, he reiterated his stance that the country would not join Washington in creating a bailout fund for failing banks.

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Poland’s Power Struggle Reaches Brussels

Spiegel - The power struggle between Poland’s President Lech Kaczynski and Prime Minister Donald Tusk is becoming increasingly bizarre. The two fought bitterly for days over who would represent the country at the EU summit in Brussels. Now, they’re both going.

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