Ever heard of the D8? They are Iran, Nigeria, Bangladesh, Egypt, Indonesia, Malaysia, Pakistan and Turkey. Their central bank governors and foreign ministers met in Abuja on Tuesday. The aim? to seek closer economic cooperation that would help protect the group from another global financial crisis. The decision? Under a draft Abuja declaration, the group… Read More »
Tyler Cowen, Marginal Revolution blogger and George Mason University economics professor, writes in New York Times of January 2: Putting aside the United States, which ranks third, the four most populous countries are China, India, Indonesia andBrazil, accounting for more than 40 percent of the world’s people. And all four have made great strides. Indonesia had solid economic growth… Read More »
From New York Times: Exporting waste illegally to poor countries has become a vast and growing international business, as companies try to minimize the costs of new environmental laws, like those here, that tax waste or require that it be recycled or otherwise disposed of in an environmentally responsible way. Rotterdam, the busiest port in Europe,… Read More »