The current world oil price has surpassed $140 U.S. per barrel. Of course, one of the most important factors is the excessive depreciation in dollar's value. However, behind the depreciation of the dollar, this phenomenon also reflects a weak U.S. government.
Vargas Llosa: “Latin Literature is now born here.”
Even though it is less clean now with Bloomberg as the mayor than it used to be with Giuliani, New York continues to be a very fascinating city--the Babylon of the 21st century, a modern Babel Tower, the capital of today’s world. I have been here, in Manhattan, [Read more]
America’s tradition of bold national projects has dwindled. With the country’s infrastructure crumbling, it is time to revive it
`President Obama' may be a false dawn for Koreans, since he is likely to push for further liberalization by threatening to scrap the free trade pact awaiting ratification from the legislative body.