China, America, and Our Warming Planet

The following commentary by Secretary of State John Kerry first appeared on the New York Times website on November 12. There are no republication restrictions. China, America, and Our Warming Planet by John Kerry The United States and China are the
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Competition

Joseph Schumpeter, an Austrian-born economist, coined the term “creative destruction” in 1942 to describe the turbulent forces of innovation and competition in market economies. The “incessant gales” of markets cull out failing or under performing companies, clearing the way for new companies, new products and new (more...)

“Three Speed” Economy Must Take Steps to Prevent Global Weakening

By Stephen Kaufman Staff Writer The managing director of the International Monetary Fund (IMF) says her organization foresees glimpses of “somber trends” in the international economic situation and she outlined what emerging economies and advanced economies can do to preserve and strengthen recent gains. Speaking at the Brookings Institution (more...)

Growth in U.S. Energy Production Brings Global Policy Changes

By Charlene Porter Staff Writer Use of new technologies is bringing unexpectedly large increases in available, affordable energy for the United States, a trend that will ripple through global markets, the energy supply chain and economies. At the same time, the world faces scientifically confirmed changes in the environment, brought (more...)

Treasury Secretary Affirms U.S. Support of World Bank

By Kathryn McConnell Staff Writer The Obama administration will continue to work with the World Bank and other multilateral institutions to promote global prosperity and to help low-income countries build resilience to climate change, Treasury Secretary Jacob Lew said in an April 19 statement to the Development Committee (more...)

Crossroads Ahead for Global Info Tech, U.S. Official Says

By Charlene Porter Staff Writer At the global conference on information technology (IT) convening in Dubai, United Arab Emirates, December 3–14, the United States is ready to defend policies that will support “infrastructure, innovation and inclusion,” according to Julius Genachowski, the chairman of the Federal Communications Commission
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U.S. Auto Trade Mission Visits Russia for Partnerships

A U.S. Commerce Department official arrived in Moscow April 23 with a delegation of 13 U.S. companies seeking opportunities to support Russia’s growing automotive parts sector. “Our trade mission participants have the opportunity to explore Russia’s rapidly expanding car and truck assembly market and be introduced to (more...)

Eurozone Crisis Likely to Be Primary Topic at G20 Summit

By Merle David Kellerhals Jr. Staff Writer

The current Eurozone financial crisis is likely to be the primary topic at the annual summit of the Group of 20 (G20) advanced economies, but the leaders are also expected to focus on measures set in place for strong, balanced and sustainable
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