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Investor’s Business Daily, Page One, May 1, 2011 by Monica Showalter May Day — socialists’ paean to class warfare — evokes memories of Soviet tanks in Red Square and leftist radicals rioting. But Chile celebrates the actual empowerment of workers. May 1 marks the 30 years since Chile became the
BY MONICA SHOWALTER Posted 12/29/2005 Alone among big oil, Exxon Mobil (XOM) isn’t backing down from a confrontation with Venezuela. Venezuela’s government says all foreign investors must accept “mixed company” arrangements by Dec. 31 under a 2001 law. Other firms have reluctantly “migrated” to new state-dominated oil production joint ventures,
Excerpt: But while the political debate has focused on U.S. immigration enforcement, a key economic factor has been lost in the clamor. Guatemala, El Salvador and Honduras, which are supplying three-quarters of the latest cross-border flood, are bucking a trend in Latin America toward stronger local economies based on sound