May 20, 2013

North Korea agrees to suspend nuclear activities

Courtesy of the NY Times

US State Department officials announced today that North Korea will be suspending uranium enrichment in what has been called an "important step to improve our bilateral relationship in the spirit of mutual respect for sovereignty and equality and to allow cultural, educational and sports exchanges with North Korea." (Source: NYTimes) Although specific details have not been announced, North Korea will be receiving an estimated 240,000 metric tons of much-needed food aid as part of the agreement, which includes a moratorium on the usage and testing of … [Read more...]

Recent summit raises questions about North Korea’s growing nuclear program

A summit the week of January 9 between South Korea and China raised discussion about a free trade agreement, diplomatic relations, and perhaps most importantly, North Korea’s nuclear program. As the two countries discuss the importance of a bilateral trade agreement, they will undoubtedly examine ways to confront the growing problem of North Korean nuclear proliferation. While both countries want peace and stability in the Korean Peninsula, their views diverge on how to achieve these goals. Beijing’s foremost concern is protecting its own … [Read more...]

Buy food locally – in Sub-Saharan Africa

In 2007, CARE International, a large aid organization, turned down $46 billion worth of grain a year from the US government.  In doing this, CARE was protesting the US policy of monetized food aid. Monetized food aid, in this context, essentially entails American grain being shipped to charities across the world, who then sell this grain to fund their own anti-poverty projects. Charities receiving grain are incentivized to sell below market prices, depressing prices for local farmers. Instead of reaching the poorest, this grain tends to support those … [Read more...]