A protester walks past burning tyres while biting a lighter during a rally against fuel subsidy removal on Ikorodu road in Nigeria's commercial capital Lagos January 3, 2012. (Akintunde Akinleye/Cour…

A new study released this week by the Pew Center for the States is further proof of the folly of state tax incentives as a way to attract job-creating business – though in its usual even-handed fashi…

A few weeks ago, Yemen’s government took the bold – some might say foolhardy – step of winding down a fuel subsidy program that was costing it billions of dollars. Overnight, fuel prices in the count…

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: China’s effort to solve its economic woes by doubling down on exports is creating a policy challeng…

Nigerian workers in protest in Lagos March 21, 2001. (George Esiri/Courtesy Reuters) Nigeria has long subsidized fuel for its citizens. The cost of the subsidy is high, and economists and the intern…