Breakfast Buffet, Friday, March 27

Newsweek's daily serving of news and views from around the world.

So, About That Good Governance...: For the past few years, China's no-strings-attached investments had flooded Africa, replacing risk-averse Western investors in the scramble for resources. But with global commodities prices tumbling and the continent's chaos increasing, Chinese companies are starting to look for more security for their money.

Do As I Say, Not As I Do: Alan Greenspan writes in the FT that banks should not be allowed to grow too big. He recommendeds graduated capital requirements to keep them honest.

Responsibility to (Not) Protect: What do steel pipes, toys, and oil have in common? They are all subject to new tariffs introduced during the downturn. A new WTO report warns that this year's steady buildup of protectionist measures around the world is threatening to "slowly strangle" free trade and undercut stimulus spending.

If the IMF's Walls Could Talk: A must-read from The Atlantic detailing how the financial sector grew into the behemoth that it did, starting around 1980. Yada, yada, yada, you say? Like Wall Street ever employed a bunch of angels? Not exactly, but check out the graphic in this blog teaser to the story to see why the 80s changed everything.

Finding Common Ground on Cars: Despite the buzz surrounding the German-American split on stimulus spending, Barack Obama and Angela Merkel agreed in a Thursday chat to coordinate their efforts to rescue U.S. car giant General Motors and its German subsidiary Opel.

Diplomacy, Check; Economy, Next: Having positioned itself as a diplomatic way through to Hamas and Hezbollah, Syria is now looking to capitalize on its friendlier image. Leaders have promised to liberalize the largely state-controlled economy and have opened the country's first stock exchange.

Breakfast Buffet, Friday, March 27 | News