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May, 3, 2016

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Commentary > Reuters
Delivering her first speech as the top U.S. environmental steward, Gina McCarthy on Tuesday pre-empted a frequent mantra of critics of the Environmental Protection Agency -- that the agency's regulations disrupt the economy and cost jobs.
 
As many a former factory worker can attest, U.S. companies have invested so heavily in technology that some plants now practically run themselves.
 
Another year, another battle over the U.S. budget. It's hardly what investors need, but it looks like they're going to get it just the same.
 
In the time since the Rana Plaza collapse killed more than 1,100 workers, at least five different Bangladesh agencies have sent teams to begin inspecting the estimated 5,600 factories that make up the nation's US$20 billion garment industry.
 
A slowdown in China has hit its financial markets hard this year as fund managers cut exposure to the world's second largest economy, but some investors say it may be time to jump back in.
 
China has a drug problem. While most Western countries spend 10-12 percent of their health care budget on medicines, in China it is well over 40 percent, a disparity that goes to the heart of Beijing's crackdown on the industry.
 
Qatar may tone down its pushy foreign policy, chastened by setbacks in Syria and Egypt, but is likely to keep supporting Arab Spring revolts and bankrolling Islamist influence, albeit a little more quietly.
 
Another dramatic showdown between Republicans and the White House over federal spending looks inevitable this fall, with scary talk of government shutdowns and default on government debt.
 
Detroit officials hope the bruising bankruptcy battle ahead of them will be rewarded with the birth of a leaner, more efficient and ultimately prosperous Motown.
 
Like the coming of the messiah, depressed southern Europe nations await Angela Merkel's likely victory in Germany's September election with a mixture of hope and trepidation.
 
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