Over the past few months, there has been a marked intensification of the Eurozone debt crisis that could have major implications for the United States economy in 2012.

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.

The United States should choose its policies to best further the national interest. That requires a compound calculation of both the gains available from a change in Chinese policy and the probability of U.S. initiatives effecting such a change.

In tough economic times, Americans are less disposed to favor free trade. This Outlook offers a comprehensive new look at American attitudes toward trade.

In his new book, “Phake: The Deadly World of Falsified and Substandard Medicines,” Roger Bate explores the underground trade in illegal medicines that kills over 100,000 people per year and supplants billions of dollars of real products.

Barack Obama’s presidency has had profoundly negative consequences for our national security. From debilitating cuts in defense budgets, to gutting national missile defense efforts, to his unwillingness to acknowledge a continuing war against terrorism, to his inability to stem the nuclear proliferation threats posed by North Korea and Iran....the picture is bleak.

Can expanding international trade in medical services help the U.S. cope with the new demands created by health reform?