Economy News

Oil, indigenous people, and Ecuador’s big idea

An interview with David Romo Vallejos. Ecuador's big idea—potentially Earth-rattling—goes something like this: the international community pays the small South American nation not to drill for nearly a billion barrels…

BP fails to stop oil spill

BP has failed to stop oil gushing from over a mile below the surface in the Gulf of Mexico. The oil spill, which has been confirmed as the worst in…