Obama in Europe: His Four Biggest Challenges

A European vacation it is not. Over the next week, President Barack Obama will board his plane anew nearly every day so that he can attend individual meetings with at least 17 political leaders from 11 nations, and appear at summits and forums in five countries to discuss international economic recovery, national security, cyber threats and global warming. He will have tea with a Queen , a private chat with a King , and convene a round table with students

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Dumping on Dubai: Have Hard Times Hit the Emirates?

Over the last few months, Dubai’s glittering skyscrapers have been diminished by the alarms about the emirate’s economic woes. The news has not been easy to take for the showpiece city-state, the most populous among the seven sheikdoms that make up the United Arab Emirates

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Brown: G-20 will rise to challenge

British Prime Minister Gordon Brown said Monday he believed world leaders would "rise to the challenge" at this week’s G-20 summit by agreeing firm measures to set about tackling the global financial crisis. Brown, who hosts Thursday’s meeting in London, has spent the past few weeks courting a succession of world leaders in a bid to persuade them to sign up to a package of proposals he has described as a “global new deal,” including tighter financial regulations and further government stimulus measures. But other leaders have distanced themselves from Brown’s agenda, with German Chancellor Angela Merkel apparently speaking for other European leaders when she expressed skepticism this weekend about the wisdom of pouring further public money into economies already in recession

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Lights go out across planet for Earth Hour

Lights were going out across the world on Saturday as millions of homes and businesses in major cities went dark for one hour in a symbolic gesture to highlight concerns over climate change. In Australia, floodlights of the Sydney Opera House were extinguished as the city’s iconic harbor kicked off events for Earth Hour, a day-long energy-saving marathon stretching through 88 countries and 24 time zones.

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Owners drop Freedom Tower name for new WTC skyscraper

The agency that owns the space where the World Trade Center towers stood is freeing itself of the term "freedom" to describe the signature skyscraper replacing the buildings destroyed on September 11, 2001. The change from Freedom Tower was revealed Thursday at a news conference where the Port Authority of New York and New Jersey announced the signing of the first commercial lease in the building to a Chinese company

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Global Trade: The Road to Ruin

In Shanghai not long ago, I took a walk from my hotel along Nanjing Road to the Bund, the promenade on the banks of the Huangpu where visitors from China’s hinterland gather to gaze across the river, awestruck, at the ultramodern skyscrapers of Pudong that have transformed the city’s skyline in not much more than a decade. It wasn’t what was on the far side, though, that got my attention: it was the traffic on the river itself, great container ships, chuffing lighters, bulk carriers, every sort of waterborne vessel you could imagine carrying every imaginable cargo, churning up the waters

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