Lame Duck’s Last Laugh: Perestroĭka

There is a rush on at the White House where the Bush Administration is working to enact a wide array of federal regulations before President Bush leaves office in January. Some of those regulations relax standards designed to protect the environment and are a boon to industry, while others deal with employment issues. Perhaps the [...]

Price Stabilization or Price Fixing?

The Organization of the Petroleum Exporting Countries (OPEC) decided at a meeting in Vienna on 24 October to cut production by 1.5m barrels a day – about five percent - in order to halt the slide in oil prices.
OPEC hopes its production cuts will lead to oil prices stabilizing between $70 and $80 a barrel.
Meanwhile, Russia has [...]

New Approach for McCain Fundraising

The BBC reports that GOP Presidential candidate John McCain is trying a new approach to fundraising in these final stages of the 2008 campaign: soliciting a donation from the Russian mission to the United Nations. The Russian ambassador to the UN, Vitaly Churkin, received a mail-out from the McCain campaign asking for a donation. The [...]