Free-market Reforms Take Hold in Cuba

SANTA ISABEL DE LAS LAJAS, Cuba (AP) — On sleepy streets plied by rickety horse-drawn carts and rusting 1950s automobiles, the sounds of commerce are once again being heard in Cuba’s countryside. A private sandwich shop has opened in a town previously served only by a grim state-run cafeteria. A woman sells trinkets from a small […]

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Scandal in Blue Chip Japanese Company is Salt to Economic Wounds

If Japan had did not have enough problems with natural disasters and a rapidly appreciating yen that is making its manufactured products uncompetitive and leading Japanese companies to consider upping stakes and relocating overseas, Japan is now plagued with a major corporate scandal. The scandal involves the Olympus Corporation, a company familiar to photographers, but one […]

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Principles of Plenty

Speech by Congressman McClintock given to the California Independent Automobile Dealers Association We are in the third year of policies predicated on the assumption that if Government just injects enough money into the economy, it can jump start consumer spending and therefore, economic growth. For three years, this administration has squandered more than a trillion […]

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Capitalism: The Cure, Not The Problem

James McKibbin Activist Post The political climate of this country is full of tension and anger. Whether one considers themselves to be on the left, right, or something else altogether, they are undoubtedly fed up with this current system. There is no better display of these emotions than the current Occupy movement, now spreading across […]

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Remarkable Israel; Its Success Speaks for Itself

by Daniel Pipes June 13, 2011 Cross-posted from National Review Online: The Corner Israel’s military prowess – operational and technological alike – is renowned; but the Jewish state, population 7.7 million, is no less impressive in other areas too: High technology: “Over the past two decades Israel has been transformed from a semisocialist backwater into […]

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US Treasury Secretary Larry Summers Raises Spectre of Second dot.com Bubble

(By Richard Blackden) His warning came as shares in professional networking site LinkedIn surged for a second day in New York. Shares in LinkedIn, the world’s largest professional networking site, jumped more than 10pc on Friday after more than doubling on their first day of trading on the Nasdaq on Thursday. The flotation of LinkedIn, […]

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Israel at 63: An Export Superpower

As Israel celebrates 63 years of being an independent state, it turns out that it is an export superpower. According to figures published on Tuesday by the Israel Export Institute and presented by the Globes financial news paper, since its establishment in 1948 Israel has multiplied the volume of goods it exports to the world […]

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