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  • Date: 2012-05-19 06:17:43           
  • Paul Krugman’s Dec. 31 column “Chinese New Year” highlights the increasingly rancorous tone in the debate over America’s response to Chinese trade surpluses. The Nobel Prize-winning economist endorses protectionism as a response to American under-employment, defying the very broad consensus among mainstream economists for free trade, and basically dares China to respond by dumping its holdings of U.S. Treasurys. The column turns conventional wisdom about the U.S.-China trade relationship on its head. Students of economics have been told ad nauseam for decades that it was rising trade protectionism, epitomized by the infamous Smoot-Hawley Tariff, that put the final nail in the global economy’s coffin in 1930. But Krugman approvingly quotes the recently deceased Keynesian economist Paul Samuelson as saying that mercantilist policies are actually appropriate when employment is “less than full.”Similarly, the possibility that Beijing might sell off its massive holdings of U.S...
  • Date: 2012-05-07 17:44:54           
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  • Date: 2012-05-07 17:01:25           
  • Pakistan premier ministre Youssouf Raza Gilani a visité une église catholique à Islamabad pour louer des minorités tués affaires ministre Shahbaz Bhatti en face d'une immense foule de pleureuses.Bhatti a été abattu par des hommes armés non identifiés à Islamabad le mercredi pour préconiser des réformes des lois sur le blasphème draconienne de la nation. »Des gens comme lui, ils sont très rares, » l'aube cité Gilani,Louis vuitton pas cher, disant. « Je vous assure, que nous allons essayer de notre mieux pour traduire les coupables en justice, » a-t-il ajouté.Le président Asif Ali Zardari n'a pas assisté aux funérailles de masse ou le service funéraire à Khushpur, village natal de Bhatti dans l'est de la province du Punjab.Aussi notamment manquantes étaient de hauts dirigeants de la Ligue musulmane du Pakistan-N, le principale parti d'opposition à la partie centre et au pouvoir dans la province du Pendjab.De...