PHILIPPINE economic managers may cut the government s export and import targets in light of these two sector s dismal performance so far this year. Reduction in shipping costs readied for exporters. A Department of Finance official said the interagency Development and Budget Coordinating Committee (DBCC) may change its macroeconomic targets due to the high discrepancy in recent data, with the country s economic managers wondering why imports and exports are lagging behind other indicators...

Venezuela is one example of a nation that uses oil as leverage in foreign affairs: Besides consolidating his popular base at home, President Hugo Chavez has helped debt-ridden countries in that region, openly mocks the US and signed an arms-procurement deal with Russia. The Rising and Falling Power of Hydrocarbon States The global economy runs on oil. Venezuela is one example of a nation that uses oil as leverage in foreign affairs: Besides consolidating his popular base at home, President...

SmallCap USA Announces the Official Launch of the Webs First Investor Social Networking Website smallcapcommunity.com SmallCap USA announced today that it has launched a "first of its kind" investor social networking website where savvy investors may interact, network and compare research on their investments. SmallCap USA Announces the Official Launch of the Webs First Investor Social Networking Website smallcapcommunity.com SmallCap USA announced today that it has launched a "first of...

Putin landed a fish, while his host did not, and then the two presidents sat down for their informal talks inside Walker Point's stone-and-shingle main house overlooking the rocky and jagged Atlantic coastline. Under a bright morning sunshine, Putin and the Bushes roamed close to the shoreline around the Bush family's oceanfront estate for about an hour and a half. They both want to stymie Iran's nuclear weapons ambitions, but don't see eye-to-eye on how tough to get with Tehran or even...

The current trajectory in Iraq is poor: rising sectarian violence threatens to rend Iraqi society and destroy America s will to continue the struggle. The choices are bleak: nobody has yet developed a convincing plan to resolve this conflict through diplomacy, politics or any other form of soft power. Since the beginning of the counter-insurgency effort US central command has focused on training Iraqi soldiers and police to establish and maintain security on their own. Tehran defies the...