Day: May 11, 2005

Archive

GM industry puts human gene into rice

Scientists have begun putting genes from human beings into food crops in a dramatic extension of genetic modification. Supporters say the controversial new departure presents no ethical problems and could bring environmental benefits.

In the first modification of its kind, Japanese researchers have inserted a gene from the human liver into

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Free trade, free markets and political intervention in U.S. trade

In “Free Trade, Free Markets: Rating the 108th Congress,” Daniel Griswold, director of the Cato Institute’s Centre for Trade Policy Studies, examines 23 key trade votes in the 108th U.S. Congress and finds that few members vote consistently for free trade.

Griswold says if we define trade to include opposition

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The European Union is 20 years behind the U.S. economy

The economic performance of the European Union (EU) is about 20 years behind that of the United States, according to a study by EUROCHAMBRES, the Association of European Chambers of Commerce and Industry.

In the study, the business organisation compares the EU to the United States in terms of employment, research

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Textile trade policy

A surge in Chinese imports occurred when the 30-year-old Multi-Fibre Agreement (MFA), which placed quotas limiting textile imports to the United States, was finally abolished in January. Since then, textile and apparel imports from China rose 39 per cent from their December levels.

Unfortunately, the Bush administration announced plans for

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VAT and import duties on medicines are inhumane

“In this world nothing is certain but death and taxes”, said Benjamin Franklin. However, what was not apparent in earlier times was that taxes can contribute significantly to death. One of the most problematic aspects of the 21st century is that more than half of the world’s population lacks access

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Developing countries getting better if not richer

The international community is concerned that income inequality between rich countries and poor countries is not shrinking, and in many cases, has grown. A new article from the World Bank argues that while income levels are not converging, other quality of life indicators are converging.

The author notes that many

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