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The European antitrust authorities have finally carried out inspections of oil firms in three countries as well as the offices of the price-index publisher Platts, to determine if they distorted published prices of crude oil and petroleum products. It is a first step, long overdue, but it targets the wrong benchmark.
TWITTER: @GreenNewsReport FACEBOOK: Green News Report The 'GNR' is also now available on your cell phone via ...
In a scolding editorial yesterday, "Targeting Jamie Dimon," the WSJ berates the "activist shareholders and the ususal media scolds pushing for JP Morgan to strip Mr. Dimon of his Chairman's role in the name of better corporate governance..."
The balance of power between governments and the public has been permanently altered by the increasing accessibility of new media. Governments are being faced with a fundamental choice: respond or repress.
In 2013, if it doesn't somehow make money for me, more or less immediately, having my head in "the cloud" takes on entirely new, and questionable, meaning.
It took only minutes for the first conservative conspiracy theories to start pinballing around the Internet. Too many conservatives are twisted enough to take any tragedy -- from Boston to Newtown to Aurora -- and turn it into an opportunity to prance.
Five years ago, experts were obsessed with peak oil; now we have more natural gas than we know what to do with. It is clear that we have -- or are on the verge of developing -- all the technology necessary to respond to climate change. And that's where the pessimism kicks in.
For many years the Washington Post was a reliably progressive paper responsive to its reader's interests. However the Post today is no longer that paper.
As we have suggested many times over the past several months and years, stocks are increasingly viewed as a more attractive investment versus bonds. While this is not necessarily a bad thing, it is not necessarily an indicator of continued strength either.
The president has been spending the last year and a half talking about how he wants to fight for the middle class, and his budget should reflect those values. This is why it is so deeply troubling that Obama is strongly considering putting a Social Security cut into his budget document.
In Friday's Wall Street Journal story, "States Cooling to Renewable Energy," ALEC Energy, Environment and Agriculture Task Force Director Todd Wynn claimed, "I have not received one dime to work directly on renewable-energy mandates."
Secretary of State John Kerry made a surprise visit to Baghdad to ask the Iraqi government to stop helping Iran support Syria's Bashar al-Assad. Kerry received an embarrassing rebuff--so much for the Bush administration's celebrated victory over Saddam Hussein. This time ten years ago the grand Iraqi cakewalk had begun. American military forces were racing toward victory. The world was going to be transformed. But not in the way President George W. Bush and his top officials imagined. Invading Iraq turned out to be one of Washington's greatest strategic mistakes. Yet even now many of the Iraq War's architects are clamoring for more wars. America needs peace. War should be a true last resort, not just another policy option for frustrated social engineers and impatient internationalists. Wars are sometimes tragically necessary. But not in Iraq.
In recognizing rights, the Court is not "creating" them. It's simply acknowledging that they were always there, even if we haven't always lived up to our principles and recognized them, as clearly we have not.
The Wall Street Journal has a new feature section called WSJ Money, and it just launched its debut issue. WSJ Money explains it wants to give readers the sense of "sitting by a crackling campfire."