Business

Why Hiking the US Gasoline Tax is Back on the Table

Gas taxes, which fund much-needed US highways and bridges infrastructure improvements, can be raised in a way that minimizes the impact on consumers.

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India: An Uncertain Hobbesian Life

India’s small farmers have been struggling for centuries now and they need social and governmental action to change their future.

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Oil Prices: Will the Gulf States Run Out of Power?

How vulnerable are the Gulf economies to low oil prices and how will they cope if the current slump continues?

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Saudi Arabia Using Oil as Weapon

With ongoing proxy wars in Syria and Iraq, Saudi Arabia risks instigating an oil war with Russia and Iran -- a war that the kingdom can perhaps win in the short term. But like sectarian conflict, Saudi actions threaten to spark a conflagration that can spin out of everyone's control.

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Chinese Vintners are Winning Renown as Wine Industry Soars

China’s fast-growing wine industry is beginning to earn international acclaim and attract foreign talent.

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Asiaphoria or Asiaphobia?

The rise of Asia might be better conceived as the re-emergence of a world in which population size and economic size are closely linked. The global diffusion of technology, and institutions, has given poor but populous countries an opportunity to catch up.

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Time to Rethink Economic Policies in Indonesia

With the recent election of a new president, now is a good time to focus on improving the quality of economic policymaking. To begin, how should Indonesia make use of its rich natural resources? Broadly speaking, these can be used either to finance consumption or to create productive assets that will generate future income.

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Oil Prices Fall as Economics Trumps Geopolitics

With drop in oil prices, US may be able to wield an “oil weapon” directly rather than using Saudis as surrogates. The economic impacts of the oil price slump on the global macro-economy are multiple, complex and conflicting.

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Mitigating Natural Gas Use in the US Electricity Sector

By acting decisively to implement ambitious renewable energy and energy-efficiency programs, states can help ensure that the United States does not overcommit to natural gas and that it continues on a path toward decarbonization of the economy.

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Drone Lobby Taking Flak from the FAA

Representatives from the retail, broadcast and agriculture industries have lobbied for the right to use drones to enhance profits. But the lobbying effort to allow commercial drone use looks set to take a major hit, with the Federal Aviation Administration planning to issue a series of long-awaited regulations as soon as the end of December.

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