The Cancún climate negotiations to replace the expiring UN's Kyoto Protocol suggest that there must a real sense of urgency around the issue of climate change, considering the bruising that took place last year in Copenhagen. For those who are most concerned about climate change, another failure maybe the best...

China's new Antimonopoly Law goes into effect today. This comprehensive antitrust makeover is celebrated in some quarters as a significant step in China's transition to a market economy. But the new law is also worrisome, for it could be used to protect national corporate champions while keeping foreign corporations out...