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Islamic Banking 101:  Islamic investment bankers learn to accommo-date the religious dictates of the Koran,  by Michael Shari,  Business Week,  6-13 Oct 2003

Report offered a bleak outlook on Iraq oil:  The findings of a secret  task force set up last fall contradicted govt's assertion on Iraq's oil wealth, by J Gerth,
NYTimes (free-registr req'd)| IHTrib, 5 Oct 2003

Former labor secretary
John Dunlop dies:  Harvard economics pro-fessor, negotiator,  Washington Post,  4 Oct 2003  (Link to:  Harvard Crimson article and NYTimes notice)

Vietnam's economy:  Credit rise threatens to overheat economy, Economist Intelligence Unit,  3 Oct 2003 (incl risk scores in ten cat-egories)

Argentina's economy:  Utility rate hikes on the way? -- While a new law paves the way for long-awaited hikes, the govt will be loath to authorize increases quickly,  Economist Intelligence Unit, 3 Oct 2003

State room:  Statement by David Kay on Interim Progress Report on activities of
Iraq Survey Group before House and Senate Committees on Intelligence,  Central Intelligence Agency,  2 Oct 2003

Booming commodities:  The prices of commodities are rising steeply. There is a bit less to this than meets the eye, however,  The Econo-mist,  2 Oct 2003

Iraq's delayed
reconstruction:  The Iraqis have yet to see much of the talked-about reconstruction,  The Economist,  2 Oct 2003

Iraq's constitutional logjam:  It has to be recognized that the process of building new political structures will be complicated and somewhat drawn out,  Economist Intelligence Unit,  1 Oct 2003

Editorial:  Trading memories -- With candidates selling protectionist messages, it is worth recalling one Democrat defended free trade be-fore union groups,
NYTimes(free-registr req'd)| IHTrib, 30 Sep 2003

A new 'wind tunnel' for companies:  By testing economic theories
through experiments, Vernon Smith�s ideas have reshaped govt & are revolutionizing biz,  by R Foroohar,  Newsweek,  29 Sep-6 Oct 2003

Cut the farm subsidies:  While I understand the need to bargain hard, US should now forget about being shrewd & just cut the subsidies unilaterally,  by Clyde Prestowitz,  Washington Post,  29 Sep 2003

Trade--'We would like a fair deal': 
Q&A with one of the leaders of a new grouping of developing countries that emerged at Cancun, India's Com & Ind Min Arun Jaitley, by M Clifford, BusinessWeek, 29 Sep-6 Oct 2003

China's economy:  Don't blame the renminbi -- Pressing China to allow its currency to appreciate is unlikely to bear fruit, and in any case misses the point,  Economist Intelligence Unit,  29 Sep 2003

What political elites think they know
about exchange rates can hurt us,  by Robert Bartley,  Wall Street Journal,  29 Sep 2003

Will all those jobs
ever come back?:  Without big efforts from the feds, the debacle may never be reversed, by Jeffrey Garten, Business Week,  29 Sep-Oct 6 2003

The IMF fails again:  We should expect more of it than just doing less harm than in the past, by J Stiglitz, Proj Syndicate via Taipei Times, 29 Sep 2003 (in this bilingual site, a 'language pack installation' sign will pop up--pls. select "cancel")

Franco Modigliani, MIT economist and Nobel laureate, dies at 85,  Boston Globe,  26 Sep 2003;  and

Nobel notes: 
Nobel Prize in Economics 1985 -- Franco Modigliani, for his pioneering work in analyzing the behavior of household savers & the functioning of financial markets (Related link below:  Aug 2nd)

Editorial: 
End the steel tariffs -- Bush may have 'saved jobs' in the steel industry, but he may well have destroyed more of them else-where,  Washington Post,  26 Sep 2003

Globalization --
All together or not at all: Will the new self-confidence of the Third World cause a split at the IMF?--Q&A with IMF's Horst Kohler,  by W Herz,  Die Zeit,  25 Sep 2003

Manufacturing and politics:  Why there is a new panic over manufac-turing in the rich world,  The Economist,  25 Sep 2003

Country briefing: 
Turkey -- An updated forecast,  The Economist,  25 Sep 2003

Horizons:  Lessons from
California�s budget -- Its budget mess is widely misunderstood. But the situation offers some useful lessons in economics,  by Hal Varian,  New York Times,  25 Sep 2003

Brazil, Argentina and the IMF:  Hard or soft? -- Should Brazil follow Argentina's bold example, by demanding more flexibility from the Fund?,  The Economist,  25 Sep 2003

State room:  The Hutton inquiry into the circumstances surrounding the death of weapons expert Dr David Kelly,  UK Judicial Inquiry,   (the
Sep 25th closing statements of Counsels for the Kelly family, the government, BBC, Andrew Gilligan, and the Inquiry are in the "Hear-ing Transcripts" section);  and

A briefing on:  The UK's Iraq WMD dossier row,  The Economist,  21 Aug 2003

State room: 
Second dossier on Iraq -- Iraq:  Its infrastructure of concealment, deception and intimidation,  UK Gov't,  3 Feb 2003  (includes a link to the full text in pdf)

From our archive:
State room: 
Iraq -- Failing to disarm;  Remarks to the UN Security Council,  by Colin Powell,  US State Dept,  5 Feb 2003  (includes links to transcript of his speech, slide presentations and video clips);  and

State room: 
Dossier on Iraq's weapons of mass destruction -- The assessment of the British Government,  24 Sep 2002  (includes links to an exec summary, a pdf version and one in Arabic)

Argentina's economy:  Bondholders reject restructuring offer -- Its of- fer to issue new bonds worth just 25% of defaulted debt's face value has been widely rejected,  Economist Intelligence Unit,  24 Sep 2003

Iran's economy:  UN sanctions on the way? -- There is a risk of UN  economic sanctions. This would harm investment in nation's key oil sector,  Economist Intelligence Unit,  24 Sep 2003  (incl risk scores in ten categories)

Gambling with the dollar?:  Bush bid to weaken currency could back-fire, some analysts say,  by J Weisman,  Washington Post,  24 Sep 2003

Horizons: 
Japan's economy -- Upward revision to growth forecast:  2nd-qtr GDP data were very strong, but this is unlikely to herald end of its delationary woes,  Economist Intelligence Unit,  23 Sep 2003

Horizons:  Region of 12 countries
sharing the euro is avoiding reces-sion, by E Pfanner,  Int'l Herald Tribune, 23 Sep 2003 (Link to: Cen-tre for Econ Policy Res statement on its Business cycle dating panel)

Editorial: 
Steeling our wealth -- Bush's tariffs deal the economy a $680 million hit,  Wall Street Journal,  23 Sep 2003

America will not wait for the
won't-do countries:  After Cancun, the US will not wait -- we will move towards free trade with can-do countries,  by Robert Zoellick,  Financial Times,  22 Sep 2003

Confidence is returning in the global telecoms market: 
Deutsche Tel-ekom invests in emerging market mobile operator -- The high price looks less risky in context,  Economist Intelligence Unit, 22 Sep 2003

IMF says
opium threatens Afghan economic revival:  In its first full review in 12 years, Agence France Presse via Business Day(S Africa) 22 Sep 2003  (Link to: IMF's "Afghanistan--Rebuilding a macroecon-omic framework for reconstruction and growth")

Global finance -- Special report:  Reining in risk -- Emerging markets are raising capital once again, thanks to some reassuring reforms,  by P Engardio & assoc,  BusinessWeek,  22-29 Sep 2003

Now Iraq may bring
Ankara and Washington together:  Strained rela-tions between longtime allies Turkey and US may be set to improve dramatically,  by J Rossant & assoc,  BusinessWeek, 22-29 Sep 2003

Business outlook for
South Korea:  Hope in a brighter export outlook, by J Cooper & assoc,  BusinessWeek,  22-29 Sep 2003

Tariffs help lift US
steel industry, trade panel reports: But these have negative impact on the overall economy,  by J Weisman, Washington Post,  21 Sep 2003  (Link to: Int'l Trade Comm statement & reports)

Palestine: Economy a casualty of conflict, Inter Press Service, 20 Sep 2003  (Link to:  IMF briefing on "West Bank and Gaza -- Economic performance & reform under conflict conditions")[incl link to full text in pdf]

Syria:  The new cabinet, dominated by ruling Baath party stalwarts, indicates that expectations of major political & econ reform should be kept at a low level,  Economist Intelligence Unit,  19 Sep 2003

Colombia's economy: The price of war--There is a risk the demands on gov't spending of  its anti-guerilla policy will halt progress on fiscal consolidation,  Economist Intelligence Unit,  19 Sep 2003  (incl risk scores in ten categories)

China's economy:  Healthier banks?--The rapid creation of new credit continues to raise concerns banks will add to their substantial burden of non-performing loans,  Economist Intelligence Unit,  18 Sep 2003

A graphic on:  Emerging stockmarkets' performance since the begin-ning of 2001,  The Economist,  18 Sep 2003

World Bank to announce new chief economist,  Reuters via Forbes,  18 Sep 2003  (Link to:  WB press statement and briefing)

Flying on one engine -- Introduction to a survey of world economy:  US can no longer propel the global economy. Unless other countries take over, the outlook is grim,  The Economist,  18 Sep 2003

The real losers are the poor:  Lesson from Cancun,  by WTO's Supachai Panitchpakdi,  International Herald Tribune,  18 Sep 2003

The Doha round after Cancun --
The WTO under fire:  Who was to blame? And where does the WTO go from here?,  The Economist,  18 Sep 2003 (incl list of 'G21' countries)

Unravelling one of the great puzzles of
economic history:  Why did economic dev't take off three centuries ago in North West Europe, not South East China?,  by John Kay,  Financial Times,  17 Sep 2003

Russia's economy:  Has reform stalled? -- Throwbacks to the old centrally-planned state are present everywhere, acting as a drag on economic growth,  Economist Intelligence Unit,  16 Sep 2003

Walkout shadows free trade's future:  WTO meeting, stymied by accusations, seen as sign of globalization's limits,  by Paul Blustein,
Washington Post,  16 Sep 2003

Putting economic policy to the test:  An up-and-coming
development economist -- Research in the field by MIT's Esther Duflo could lead to changes in dev't strategies,  Finance & Dev't,  Sep-Nov 2003 [pdf]

China's economy:  Overheating & revaluation--Pressures are mount-ing to revalue the currency, manage rapid growth and prevent imbal-ances from forming,  Economist Intelligence Unit,  15 Sep 2003

Tequila sunset in Cancun:  The fate of the trade talks may have been sealed seven years ago in Singapore,  The Economist,  15 Sep 2003

Q&A:  Why did the trade talks in Cancun collapse?,  BBC News, 
15 Sep 2003

Business outlook for
Brazil:  One growth obstacle after another,  by
J Cooper & assoc,  BusinessWeek,  15-22 Sep 2003

Horizons: 
The tax-cut con -- Cutting taxes doesn't benefit the middle class and it doesn't create jobs or growth. Counting the cost of a 25-yr crusade,  by P Krugman,  NYT Mag (free - registr. req'd), 14 Sep 2003;  and

Thirty years of progress--mostly:  When Mr. Reagan took office in 1981, the focus was on restoring the economy, primarily by cutting taxes,  by Robert Bartley,  Wall Street Journal,  20 Nov 2002

Editorial:  Cancun targets cotton -- US would go a long way toward reclaiming its moral leadership on trade if it reached a deal with the Africans, 
NYTimes (free - registr. req'd)| IHTrib, 13 Sep 2003;  and

Editorial: King Cotton's long reach--The subsidized US cotton market has led to a large decrease in world prices, resulting in poverty for African farmers, 
NYTimes (free-registr. req'd)| IHTrib,  5 Aug 2003

Future of millions of farmers at stake in Cancun:  A group of 21 de-veloping countries is focusing attention on crucial issue of farm subsi-dies,  Inter Press Service, 13 Sep 2003  (Related link below: Aug 20)

China's economy:  Is it running a temperature? -- The rapid growth in Aug's industrial ouput adds to concerns that the economy is growing at an unsustainable pace,  Economist Intelligence Unit,  12 Sep 2003

Two years after September 11:
Editorial -- Listening to
the 9/11 tapes: The value of these transcripts is to take us back to those moments before anyone could wonder how we would ever tell this story,  NYT with IHTrib, 2 Sep 2003 ;

Home free:  Hamid Karzai dreamed for years of his eventual homecoming. But for both him and his newly reborn Afghanistan, the journey has only begun,  Time,  11 Aug 2003 ; 

Looking forward to tourism in Iraq: Where the capitals of the ancient empires of Babylonia (Babylon, south of Baghdad) and Assyria (Nineveh, near Mosul) are, and near Ur is the site of Garden of Eden (near Basra),  by R Worth, 
IHTribune | NYTimes, 9 Sep 2003;  and

Link to:  A
quick look at the rich history of Iraq (incl links to the British Museum and Yale Univ);  and A photo tour of the treasures of Iraq

Fix or float?:  A developing country's economic institutions may mat-ter more than its exchange rate regime,  The Economist, 11 Sep 2003

Are foreign reserves in Asia too high?,  IMF World Economic Outlook,  A summary by
Hali Edison (incl a link to full text in pdf) and by Kenneth Rogoff (pt of his press conference),  11 Sep 2003

How can economic growth in the Middle East and North Africa region be accelerated?: 
Summary,  IMF World Economic Outlook,  11 Sep 2003 (includes a link to full text in pdf)

The Mexican marathon:  The Doha round of trade talks reaches its halfway point
at Cancun this week. Some members are just getting started; others already look exhausted,  The Economist,  11 Sep 2003


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