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 European Union (EU) has announced plans to levy a tax on airline emissions for all planes landing and taking off from EU airports. This tax would be calculated not only based on mileage flown in EU airspace but also for the entire length of the flight (thus, Chinese and Japanese airlines would be taxed for an entire journey from Beijing or Tokyo).

The European Union-or at least its feisty climate commissioner Connie Hedegaard-seems determined to take on the whole world by demanding that all airlines pay a carbon tribute for the privilege of crossing EU airspace and landing at EU airports.  

The following is a letter to the editor in response to an April 8 op-ed in The Financial Times on the possibility of countries opting to leave the eurozone.

Senator Orrin Hatch (R-UT), ranking member of the Senate Finance Committee, will speak at AEI to explain the dynamics surrounding the pending FTAs and Trade Adjustment Assistance.

Attempts at austerity and deleveraging in Europe have converted an economic problem into a political dilemma, with leftist governments rising against Germany's austerity-laced rescue packages. Germany now faces a tough economic decision that will involve choosing between a breakup of the current euro system and a movement toward a common fiscal policy in Europe.

The trade policies that President Obama outlined in his State of the Union Address undermine the strength of America's economy, and are the wrong way to react to the changing nature of trade.

A exposé purporting to show that Bonn-based Fairtrade International (FLO),the world’s largest labeller of ethical goods, had failed in its oversight of a project in west Africa that supplies Limited Brands-owned Victoria’s Secret.  The project  was paying sub-par wages to children labouring in inhumane conditions and helps drive a wedge between FLO and FairTrade USA.