Petro and Colombia’s Rule of Law

Former M-19 rebel Gustavo Petro won Colombia’s runoff presidential election Sunday with 50.5% of the vote. His opponent, businessman Rodolfo Hernández, received 47.3%. The rest of the votes were either left intentionally blank or annulled by electoral authorities. With nearly half of all voters declining to endorse Mr. Petro, there is no mandate for radical … Read more

Texas A&M’s Unreported Foreign Funding

Intellectual property theft and economic espionage by foreign governments have become major problems at US colleges and universities. That’s why federal law requires colleges to report foreign-sourced gifts and contracts worth at least $ 250,000 in a calendar year. The Education Department in 2019 launched an investigation into foreign funding at several prominent American institutions … Read more

Texas A&M’s Unreported Foreign Funding

Intellectual property theft and economic espionage by foreign governments have become major problems at US colleges and universities. That’s why federal law requires colleges to report foreign-sourced gifts and contracts worth at least $ 250,000 in a calendar year. The Education Department in 2019 launched an investigation into foreign funding at several prominent American institutions … Read more

Texas A&M’s Unreported Foreign Funding

Intellectual property theft and economic espionage by foreign governments have become major problems at US colleges and universities. That’s why federal law requires colleges to report foreign-sourced gifts and contracts worth at least $ 250,000 in a calendar year. The Education Department in 2019 launched an investigation into foreign funding at several prominent American institutions … Read more

Kazakhstan Takes a Step Toward Democracy

President Kassym-Jomart Tokayev casts his referendum ballot in Nur Sultan, Kazakhstan, June 5. Photo: AMAN / Associated Press Kazakhstan is an exception: a post-Soviet Central Asian state embarking on a path of democratization and liberalization in a region dominated by authoritarian neighbors. On Sunday the country held a referendum — its first in 27 years … Read more

Oil Prices Top $ 120 as China Eases Lockdowns

Oil prices rose to their highest level in more than two months Monday, driven by China’s tentative emergence from Covid-19 shutdowns. A renewed push by European Union leaders to strike a deal that would ban most Russian oil imports added to the upward momentum on prices. Heading into the summit in Brussels, German Chancellor Olaf … Read more

Munis Have Slid This Year as Investors Bail Out. They May Be a Bargain Right Now

Municipal bonds have taken a beating this year as investors retreat amid rising interest rates. The market, however, could be poised for a comeback thanks to unusually attractive relative yields and strong balance sheets at state and local governments. BlackRock and Insight Investment are among those arguing that municipal bonds look attractive compared with other … Read more

Munis Have Slid This Year as Investors Bail Out. They May Be a Bargain Right Now

Municipal bonds have taken a beating this year as investors retreat amid rising interest rates. The market, however, could be poised for a comeback thanks to unusually attractive relative yields and strong balance sheets at state and local governments. BlackRock and Insight Investment are among those arguing that municipal bonds look attractive compared with other … Read more

Tariffs on China Throw Shade on the US Solar Industry

The Biden administration lobbies for renewable energy funding programs that nominally support the US solar industry. However, I sit on the boards of four solar energy companies that are being harmed badly by existing US tariffs and threats of new ones. Two of those companies are suffering through serious financial problems, and three are refocusing … Read more