The US military has jist awarded a large contract for air refueling tankers to a conglomerate of Airbus and Northrup Grumman. Although there is a US component to teh conglomerate in the form of Northrup, Boeing has expressed its displeasure at being denied the contract and Congress has raised the possibility of becoming involved in the contract. How does this relate to both the domestic policy issues we've already talked about in class and the free trade policies advocated by membership in institutions such as the WTO? See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7272129.stm and http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7272272.stm
In further news regarding the shaky relationship between Gazprom and the Ukraine, Gazprom is claiming that it will reduce its shipments to the Ukraine by 25% starting on Monday, March 3rd. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7271604.stm