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The growing cost of being poor in America

  Mark Whitehouse Being poor in the U.S. can be expensive. Judging from the latest inflation data, it’s becoming more so. Overall, inflation isn’t much of a problem in the U.S. For the past several years, the Federal Reserve has been struggling to get its preferred measure of consumer-price inflation up to its target of 2 percent — and many ...

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The trouble with Cambodia’s new law on trade unions

  Cambodia’s National Assembly has adopted a Law on Trade Unions but labor groups, human rights advocates, and opposition politicians warn that it could be used to stifle the workers’ movement in the country. Despite the delay in its passage caused by protests, the bill was unanimously approved by the members of the ruling party without amendment. The draft law ...

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China’s Mediterranean Odyssey

“Let the ship sail and bring the Golden Fleece,” said China Ocean Shipping Company (COSCO) Chairman Xu Lirong on April 8, after the state-owned shipping giant sealed a deal to purchase the Greek port of Piraeus, southwest of Athens. Beyond the romantic evocations of Greek heroes such as Jason and the Argonauts, this “made in China” golden fleece amounts to ...

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