Leggy, blonde coed hooker wrecks world trade talks
Years ago, when I was a reporter in San Diego, we had a contest: Who can bore readers with the fewest words in the lede (the winner, at three words: "Otay Water District," as in, "Otay Water District directors voted Tuesday to…" — the reader would have moved on to the hockey scores after only three words).
Nowadays the winner is "world trade talks." A funny thing, that, considering how much globalization has revolutionized American lives, for good and ill, while most Americans haven’t been paying attention. So prop open your eyeballs as I note that world trade talks collapsed yesterday.
I suspect something more fundamental changed. The failure of the Doha Round of talks may well mean the end of the trade paradigm that has prevailed since the end of World War II. This is the biggest news story that will get the least attention.