Free Republic

WASHINGTON (Reuters) - A growing percentage of scientists and engineers in the United States come from other countries, the National Science Board reported on Wednesday. While saying it was not necessarily alarming to have foreign-born scientists working in the United States, the Board said the government should look at ways to train more citizens in these fields. The board, appointed to advise the federal government, used National Science Foundation figures taken from Census estimates of foreign-born workers. It found that foreign-born workers with bachelor's degrees represented 17 percent of all science and engineering positions held by people with bachelor's degrees,...

TOKYO (Reuters) - The dollar sunk to near an all-time low against the euro on Wednesday after the U.S. Commerce Department raised fresh fears of protectionism by announcing new quotas on Chinese textile imports. Traders were surprised by Washington's move, which came on the heels of a World Trade Organization ruling against controversial U.S. steel tariffs and fueled fears that the U.S. administration is so desperate to protect its industries that it could weaken the dollar in the future. "This sparked speculation that protectionism could sooner or later move Washington to weaken the dollar," said Mitsuru Sahara, vice president of...