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

The clock is running out for Congress to pass Big Tech antitrust bills this year

Nearly three years ago, when the Justice Department and Federal Trade Commission launched probes into the business practices of Big Tech, antitrust experts and legal talking heads declared a new age in enforcement and a chastening of unbridled financial power. But a pandemic and countless bill markups later – amid feverish lobbying efforts by Apple … Read more

Fed, Biden Administration Float New Lending Rules for Lower-Income Areas

WASHINGTON — Top US regulators proposed overhauling how banks lend hundreds of billions of dollars annually in lower-income communities, after scrapping a Trump-era revamp that had divided regulators and industry officials. The latest proposal to modernize rules for the 1977 Community Reinvestment Act, announced Thursday, aims to ensure lending to lower-income individuals and small businesses … Read more

Mexico Criminalizes Investment – WSJ

President Biden met virtually with Mexican President Andrés Manuel López Obrador on Friday to talk about bilateral and regional issues, according to the White House. Diplomatic gibberish aside, the priority of the call was clear: Both presidents are harmed politically by the mess at the southern US border and want it to go away. Let’s … Read more

Worker Pay and Benefits Grow at Record Pace, Pressuring Inflation

Compensation for American workers grew rapidly in the first quarter, as a tight labor market put more money in workers’ pockets while also keeping pressure on inflation. Business and government employers spent 4.5% more on worker costs in the first quarter compared with the same period a year earlier, without adjusting for seasonality, the Labor … Read more