COMMODITIES

Mexico

Is Mexico's Drug War Hurting Tourism?

In the five years since Mexican president Felipe Calderon began to use the military to combat the country's powerful drug cartels, some 50,000 people have been killed. With people being murdered in the country nearly every day, how is the violence affecting Mexico's tourism industry?
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U.S. Taxes

Romney’s Tax Rate is About 15% - The Bain of His Political Existence?

Republican presidential candidate Mitt Romney’s admission that his income tax rate was “probably closer to 15 percent than anything” may re-ignite the debate on the lower tax rate for capital gains and carried interest than for ordinary income -- the income category for most typical Americans.
Immigration Laws for 2012

End of an Era for GOP and Latinos?

If Mitt Romney grabs the GOP presidential nod, he would be the first Republican candidate in decades to take hard line on immigration policies that Latinos support.
Costa Concordia cruise ship

Cruise Ship Sinking: An Imminent Wave of Lawsuits to Come

The sinking of the Costa Concordia cruise ship will be followed by months of litigation, with families of victims, wounded passengers and crew members sure to file suit against Carnival. What is the legal precedent for the maritime case?
Google executive chairman Eric Schmidt speaks at The Sloan School of Management at Massachusetts Institute of Technology in Cambridge

Technology Earnings Preview: 5 Things to Watch

A handful of technology leaders – IBM, Intel, Microsoft, Google and Apple – are all scheduled to report quarterly earnings over the next week. Here are five things to watch when the numbers come out because they may indicate prospects for 2012.
Tunisian Jew reads from the Torah in a synagogue in Tunis

The Vanishing Jews of Tunisia

Tunisia is one of the few Arab Muslim countries that still has a significant Jewish community (which traces its origins back 2,000 years).
Residents inspect the site of a bomb attack in Basra

Shia-Sunni Conflict Again Erupts in Iraq

The ancient enmity between Shia and Sunni Muslims exploded in violence again on Saturday in Iraq when a suicide bomb killed at least 50 Shia pilgrims and wounded almost 100 in the southeastern city of Basra, according to Iraqi police and security officials.
Afghanistan War

Marine Desecration Video - A New Abu Ghraib?

A video appearing to show U.S. Marines urinating on the bodies of dead Taliban fighters promises to become an enduring memory of the Afghan war and is already drawing sharp reaction from across the world as it goes viral on the Internet.
2012 Election

Why Mitt Romney is the Anti-Obama

For all the hand-wringing about Mitt Romney being insufficiently conservative, the last few days have demonstrated how a Romney candidacy would give voters a clear alternative to the progressive vision articulated by President Barack Obama.
Ron Paul 2012

Ron Paul 2012: Voters Explain How He Won Them Over

Four years ago, Ron Paul was a fringe candidate. Now, he is a legitimate contender for the Republican nomination. The International Business Times talked to some of the new Paul converts about what won them over.
Mario Monti

Fitch Continues Warnings of Italy Downgrade, Catching Up to Competition

Fitch Ratings analysts continued their saber-rattling over Italy on Thursday, making remarks observers fear signal a coming downgrade of that country's sovereign credit rating. The comments carry an element of the ratings agency playing catch-up to its two main competitors: New York-based Moody's Investor's Services and Standard & Poor's. Fitch currently holds a rating of A+ on Italian government debt, a notch above the ratings assigned by those competitors
Romney Gingrich

Gingrich and Romney Super PACs Fuel 2012 Fight

If the current Republican primary has taught us anything, having rich supporters with high incomes has become the difference between first and fifth place. Thank the Supreme Court. Its controversial Citizens United decision has prolonged the shelf life of candidates that once would have been long dead. Ask Newt Gingrich.
U.S. Banking System

Bank Bailout - How the U.S. Can Prevent Another One

Regarding its banking system, the United States has now experienced its third generation of "heads the banks win, tails the taxpayer and the public loses.” Is there a better way? Is it possible to create a bank that serves the people of the United States?
Dodge Dart

Detroit Auto Show Preview: Sustainability Prevailing Theme

It's about sustainability of profits, and sustainability through efficient products that contribute to both the broader environment and consumer benefit that will be at the heart of every automaker's presentations. America's Big Three, in particular, have revealed they are still among the biggest and best global forces to be reckoned with through profitability and strong, advanced product in the past year or two.
2012 Election

New Hampshire Debate: GOP Field Goes Easy on Front-Runner Romney

The Republican debate on Saturday was not intended to give the impression that Newt Gingrich, Ron Paul, Rick Santorum, Jon Huntsman, and Rick Perry were reluctant to challenge Mitt Romney -- the presumptive nominee to oppose Democratic President Barack Obama next fall -- but the event certainly had that feel.

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