Why Is Iran Not in the G20?
25 April 2011.For most countries, getting invited to a G-20 summit is like being invited to an exclusive party held by the most popular kids in school. Although everybody wants to attend the party, only the popular kids (the G-20...
Hong Kong Jobless Thanks To Minimum Wage Law
Michael Chan, Chairman of Fast-Food Giant Cafe de Coral: Will issue a profit warning if the hourly rate proposed by the unions became law. Credit: For91days 21 April 2011. Michael Chan, Chairman of Fast-Food Giant Cafe de Coral: Will issue...
The Euro Zone’s Inbuilt Flaw: Rising Rates Punishes the Weak
Fastest Euro Zone Price Rise in 3 Years Credit: jurjen_nl 20 April 2011. Fastest Euro Zone Price Rise in 3 Years Credit: jurjen_nl 20 April 2011. Are all nations in the European Union created equal? The European Central Bank seems...
China Luxury Market
Since inflation in China is perhaps the hottest topic in world political economy -- with the possible exception of the almost total collapse of governance in the US ;-) -- we thought this might be a good time to take...
Israel: The Saudi Arabia of Shale Oil ???
13 April 2011. 13 April 2011.Last summer, we ran an item about a subject that, while surprising to many at the time, has since become well-known: that huge deposits of natural gas had been found along Israel's northern coastline. As...
Trying to “Hide” Food Stagflation
7 April 2011. 7 April 2011.Stagflation -- paying more and getting less -- has hit the world food industry big-time.But you won't necessarily notice it.Because food companies are "hiding" it by downsizing their packages while maintaining -- or even raising...
China 5-Year Plan: All Prosperity to the People !!!
6 April 2011.While no one can tell what the impact of the inter-locking Japan disasters is going to be on China,the latter's new five-year economic blueprint sets ambitious goals:• to raise ordinary people’s incomes, • rein in pollution and energy...
Japan Supply Chain Worries Now Hit Many US Sectors
31 March 2011.Tremors from the strong Japanese earthquake continue to rattle American businesses, even those companies that have experienced no disruptions in parts or supplies.Businesses in a number of industries are trying to adapt to a new reality.No longer can...
Ex European Central Bank Chief Economist: What Kind of Euro ???
Otmar Issing, Former Chief Economist, European Central Bank Credit: INSM 30 March 2011. Otmar Issing, Former Chief Economist, European Central Bank Credit: INSM 30 March 2011. Otmar Issing, 74, was chief economist of the European Central Bank...
Japan Electricity Losses: Summer Without Air Conditioning ???
Long Hot Sweaty Summer for Japanese Workers ??? Credit: lowerincase 24 March 2011. With some 30,000-50,000 dead, half a million evacuees, and the gravest nuclear crisis in decades -- Long Hot Sweaty Summer for Japanese Workers ??? Credit: lowerincase 24...
Japan Disaster & Global Markets: “Nobody Knows Nuthin'”
"Past Performance Is No Guarantee of Future Success" Credit: Euronews 21 March 2011. "Past Performance Is No Guarantee of Future Success" Credit: Euronews 21 March 2011. Veteran screenwriter William Goldman was once asked what it takes to produce a successful...
Japan Elite Faces Growing Credibility Gap
Fukushima Disaster Melting Down Public Confidence Too Credit: tula_7755 16 March 2011. Fukushima Disaster Melting Down Public Confidence Too Credit: tula_7755 16 March 2011. On Tuesday, five days after the Fukushima disaster, Japanese Prime Minister Kan Naoto, 64, finally lost...
Japan Tsunami Costs, Lessons for US and EU
Tsunami Only Start of Japan's New Problems Credit: enciclopediapt 14 March 2011. By David Caploe PhD, Chief Political Economist, EconomyWatch.com Tsunami Only Start of Japan's New Problems Credit: enciclopediapt 14 March 2011. By David Caploe PhD, Chief Political Economist, EconomyWatch.com...
Oiling the Wheels: When Oil Prices Bite
The Colonel: More Excuse than Cause. Credit: EnemyKe 8 March 2011. The Colonel: More Excuse than Cause. Credit: EnemyKe 8 March 2011. The world is entering an oil supply crunch because the demand for oil is increasing so rapidly, global...
While Turkey’s Economic Star Rises, Sarkozy’s France Finds Irrelevance
5 March 2011 5 March 2011 It was not that long ago that Turkey was the Sick Man of Europe, the ragtag remains of the Ottoman Empire struggling with inflation and military corruption, while France was a dynamic economy and...