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NEWSWEEK: International Editions: Highlights and Exclusives, Dec. 31, 2007- Jan. 7, 2008
Date:12/23/2007

r II economic order took free trade as its ideal. But now mercantilism is making a comeback, as governments try to manipulate markets to their advantage, writes Contributing Editor Robert J. Samuelson. "It's a significant and ominous development affecting the world economy," he writes. "Even as countries become more economically interdependent, they're also growing more nationalistic. They're adopting policies to advance their own economic and political interests at other countries' expense."

http://www.newsweek.com/id/81372

THE LAST WORD: Tony Blair, former British prime minister. Tony Blair, the new representative of the United States, Russia, the European Union and the United Nations to the Palestinians, told Jerusalem Bureau Chief Kevin Peraino that what's most important to Palestinians is that they "have someone who can deal with the Americans and the Israelis." "I find that the ordinary Palestinian is so desperate to get his situation improved that it's an advantage that you've got somebody who can actually liaise with the Israelis and the Americans," he says.

http://www.newsweek.com/id/81549


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