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...backing up the tough talk. Within the past 10 days, the U.S. has twice imposed limits on apparel imports from China, and Congress is considering a 27.5% tariff on all Chinese imports. Those shipments were up 54% in the first quarter over the same period last year, after the Jan. 1 removal of quotas on textile imports--an event for which the U.S. had a decade to prepare...
...reportedly eyed a copycat exchange. What's the rush? Alternext is seeking to mirror the success of the LSE's Alternative Investment Market (AIM). Ten years after it opened, AIM now boasts more than 1,100 listings; last year alone, more than 300 companies were quoted, twice as many as in the previous year. The attraction for cash-hungry minnows is obvious. Firms don't need to produce a trading record, and benefit from lighter regulation. But while AIM makes raising capital easy, investors are having to tread carefully. Many companies floated on AIM are shells - listed businesses with...
Some cadets go to West Point and encounter its demands, and for the next four years they pray that they can toe the line and make it through. Others, however, run the hardest obstacle course twice: once to test their technique, the next time to test their toughness...
...Having twice been beaten by a strain of Republicanism that we believe is hurting America, the challenge is where to go from here. How to move on without going the myopic, unproductive route of Moveon.org—a group whose Bush-hatred is so blinding that its leadership actually opposed toppling the Taliban...
...about twice our regular volume of phone calls and an extraordinary number of students in our clinic,” he said. “At least 25 came in the first hour after we opened...