The European Union is planning to tax all airlines that travel to and from the 27 EU nations based on the amount of carbon emissions they produce.  The tax, to be collected beginning in 2013 for prior year emissions, will be calculated based on the length of each flight. The farther the airlines travel, the heftier the tax.

Exporting nations need to understand that the negative consequences from the imposition of export restrictions will often outweigh the short-term gains.

The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry—including banking, insurance and securities—who meet regularly to study and critique regulatory policies affecting this sector of the economy.

We're about to enter a very long campaign in which where an apparently squeaky clean Mitt Romney is going to be demonized for his success and dragged through the gutter. Meanwhile, Obama took cash from a true denizen of the gutter.

One year after the Fukushima disaster, nuclear energy policy is moving in two opposite directions. While much of the world, led by Germany, is embracing caution and winding down nuclear energy ambitions, the US, Britain, France and Russia are poised to boost their nuclear estate.

Many people, observing the severe problems caused by Greece and other financially weak members of the European Union, wonder why the United States is not similarly afflicted. After all, the structures seem quite similar; the EU is united through a treaty into a single political grouping, while the U.S. is a union of states in a constitutional system. 

If the European Union now accedes to Portuguese prime minister José Sócrates’ request last night for emergency funding to tide Portugal over until after its June 5 election, it will demonstrate that the European Commission is offering the Britannia of old some serious competition in the realm of disregarding its own rules.

Ignoring Deutsche Telekom’s needs, the DOJ and FCC blocked the proposed merger between AT&T and T-Mobile. As a result, an uncompetitive firm is now trapped in a market it wanted to leave.