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Increase supplies from oil sands in Canada, development of oil and natural gas from shale deposits in the U.S. and the drilling offshore in the Gulf of Mexico are shifting the U.S. away from dependence on the Persian Gulf region for oil.
Linked Articles
Wall Street Journal 12/12/2011
Stepping on the GasWall Street Journal 04/02/2011
The independent parliamentary panel in Japan concuded in its July 2012 Report that the nuclear accident at the Fukushima plant was "a profoundly man-made event." Here in its investigations after the accident the Wall Street Journal finds some of the safety flaws that could have been corrected but were not due to the compete lack of effectiveness of the safety agency and its failure to do its job. As a result licenses for forty year old nuclear reactor designs and installation designs were simply renewed without requiring changes or shutting down these reactors. It is these older designs that were also improperly installed that failed.
Linked Articles
Japan Plant Had Troubled History
Wall Street Journal 03/21/2011
Design Flaw Fueled Nuclear DisasterWall Street Journal 07/01/2011
The lack of adequate funding and focus on jobs training in the U.S. to fill job vacancies and lower unemployment. This is becoming increasingly important with the large number of people unemployed for long periods.
Linked Articles
U.S. Faces Uphill Battle in Retraining the Jobless
Wall Street Journal 07/31/2012
Many Workers Seen Lacking Skills for New JobsWall Street Journal 03/15/2011
Linked Articles
Comparative Advantage and American Jobs
Wall Street Journal 01/26/2011
Dow Chemical's CEO on How to Revive ManufacturingWall Street Journal 02/23/2012
Linked Articles
Wall Street Journal 09/29/2015
At Toshiba, a Pioneer for Women in Japan's Work ForceNew York Times 01/17/2011
Linked Articles
China Seen Bolstering Oil Reserves
Wall Street Journal 04/11/2012
China May Throw Wrench Into Oil MarketWall Street Journal 12/30/2010
German workers exercized a decade of wage restraint under the Hartz reforms. This has led to a large increase in the sector of lower paid workers. Polls show 4 out of 5 workers feel they have not benefitted from the growth in the economy in Germany. Higher German wages coupled with wage restraint in France, Spain, Italy and other eurozone countries would help increase imports into Germany from other eurozone coutnries. This would help rebalance the eurozone economies.
Linked Articles
Germany's Inflated Fear of Inflation
Wall Street Journal 02/14/2012
German Workers' Wages Belie Country's ReboundWall Street Journal 08/17/2010
Linked Articles
JAL, a Bailout Beneficiary, Heads for a Public Offering
New York Times 07/02/2012
JAL May Need $1.1 Billion More in AidWall Street Journal 06/21/2010
Linked Articles
Chinese Walls, Pocked With Peepholes
New York Times 06/11/2010
Recipes for Ruin, in the Gulf or on Wall StreetNew York Times 06/11/2010
The Honda strike for higher wages upsets this perception.
Linked Articles
Chinese Honda Strike a Wake-Up Call for Japan
New York Times 06/01/2010
Unrest May Signal New Phase in China EconomyNew York Times 05/29/2010
Efforts to promote the new Jeep designs as a lifestyle vehicle in emerging markets where it is seen as an off road vehicle. By manufacturing locally Chrysler hopes to avoid the import duties that make it impossible for the Jeep to compete.
Linked Articles
Wall Street Journal 03/29/2012
Many Hopes Ride on Makeover of the Grand CherokeeNew York Times 05/20/2010
A dead battery in asuper-critical switch and hydraulics leaks that made inoperative a crucial safety valve that was the last barrier between safety and an explosion in the waters of the Gulf of Mexico led to the accident on the BP oil rig.
Linked Articles
Safety Valves Had a Dead Battery, Investigators Find
Wall Street Journal 05/13/2010
BP's Hayward Says Company Could Have Done More Disaster PreparationWall Street Journal 05/13/2010
Competition from lower cost manufacturers adds to earlier problems of not keeping a consumer point of view for new products. A problem common to many of Japan's electronics companies.
Linked Articles
How Japan Lost Its Electronics Crown
Wall Street Journal 08/15/2012
How Vizio Beat Sony in High-Def TVBusinessWeek 04/22/2010
Faces at the Tokyo Electric Power Company, workers at the site of the disaster in Fukushima prefecture, the Tepco president in Tokyo, and other faces.
Linked Articles
Amid Fight to Stem Threat, Tepco Worker's Email Reveals Personal Struggle
Wall Street Journal 03/28/2011
Vanishing act by Japanese executive during nuclear crisis raises questions - The Washington PostWashington Post 03/29/2011
Linked Articles
Indian Point Evacuation Plan Is Unrealistic
New York Times 03/20/2011
Panel Urges Germany to Close Nuclear Plants by 2021New York Times 05/11/2011
Linked Articles
Fears of a 2008 Repeat for Oil
Wall Street Journal 03/18/2012
Oil's Rise Threatens Economic GrowthWall Street Journal 03/01/2011
Linked Articles
Paid Leave Encourages Female Employees to Stay
New York Times 07/28/2014
At Toshiba, a Pioneer for Women in Japan's Work ForceNew York Times 01/17/2011
Linked Articles
Wall Street Journal 05/23/2012
Fred Hiatt - Patching up our alliance with JapanWashington Post 01/10/2011
The extension of maturities for the debt of these countries is a key part of the solution. The Brady Plan that helped sove the Latin American debt crisis of the eighties and nineties is an example of the way out of the crisis. Resistance from bankers to taking losses of upto 30% and extending the maturities for debt. The need for Germany and other countries to set aside money that would be needed to recapitalize banks that need funds to handle these losses. Nicholas Brady when asked about this says it is important for this to be "a unified decision." This would create the confidence in the financial markets that will be needed.
Linked Articles
Europe's Central Banker Seeks Deeper Fiscal Union
Wall Street Journal 06/03/2011
Nervous Europe Trying to Halt Economic CrisisNew York Times 11/30/2010
Andy Grove reminded Silicon Valley about the dangers of forgetting manufacturing's important role in the U.S. in 2010. This is even more true today with the working class lagging behind in this recovery. He asked at the time what kind of society are we creating with professionally employed workers and lots of unemployed. It reminded him of 1932 with troops holding bayonets facing unemployed people outside the White House, and of his days in Hungary in the 1956 uprising. Grove also called for serious innovation which he did not see happening at the time in Silicon Valley.
Linked Articles
Andy Grove’s Warning to Silicon Valley
New York Times 03/25/2016
Andy Grove: How America Can Create JobsBusinessWeek 07/01/2010
The Justice Department filed criminal charges against engineers and managers at BP citing wanton and negligent conduct.
Linked Articles
In BP Indictments, U.S. Shifts to Hold Individuals Accountable
New York Times 11/15/2012
Oil Executives Try to Explain Differences From BPNew York Times 06/15/2010
Linked Articles
The Oil Disaster Is About Human, Not System, Failure
Wall Street Journal 06/11/2010
Report blasts Japan’s preparation for, response to Fukushima disaster - The Washington PostWashington Post 07/06/2012
The high margins for Apple achieved through a combination of keeping costs low- even at the risk of providing poor wage and working conditions for the majority of employees employed in the retail stores in the U.S. and in supplier Foxconn plants in China- and by a grasp for innovation and technology. The paradox of a well deserved image for pioneering in technological innovation and the indifference to working conditions and prospects for employees who add value in manufacturing and customer interface. This model of growth is a recent development, put in place after 1997. In 1995-1997 Apple was nearing collapse under Michael Spindler and Gil Amelio, as documented by WSJ technology reporter Jim Carlton in his book- "Apple- The Inside Story of Intrigue, Egomania, and Business Blunders." Steve Jobs returned as CEO in 1997 and set the future course and this model in place emphasizing design, his ability to grasp technologies that would appeal to customers, and hired Tim Cook to set up the manufacturing which had high rate of defects and higher costs. The model was as full of paradoxes, of genius combined with mediocre behavioursas the man Steve Jobs. Tim Cook has responded to criticism in 2012 by having the Fair Labor association audit Foxconn plants in China. Foxconn increased wages in 2012, shifted plants to the interior of China, and increased use of robotics.
Linked Articles
Wall Street Journal 05/29/2010
Apple Stores Army, Long on Loyalty but Short on PayNew York Times 06/23/2012
BP and Transocean ignored the results of tests that showed something was wrong and a gaseous mixture was entering the well. This was hours before the explosion that destroyed the oil rig and created a massive oil leak in the Gulf of Mexico.
Linked Articles
Red Flags Were Ignored Aboard Doomed Rig
Wall Street Journal 05/13/2010
BP's Hayward Says Company Could Have Done More Disaster PreparationWall Street Journal 05/13/2010
A long history of failures at BP and the slow indecisive action of the Obama administration.
Linked Articles
In Gulf, It Was Unclear Who Was in Charge of Rig
New York Times 06/05/2010
Drilling Down: A Troubled Legacy in OilWall Street Journal 05/01/2010
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