World Finance, Macro Economics, Global Markets, Mega-Trends
One decade after the 9/11 attacks, Americans continue to pay for damages. The costs of the wars in Iraq and Afghanistan, hidden costs of intelligence wars reportedly underway in Pakistan and elsewhere, and the price of increased security within American borders have now far exceeded early predictions and continue to grow as global counter terrorism…
Left behind in America: Who’s to blame for the wealth divide? Take a moment and think about how you feel wealth should, ideally, be spread among the American people. If you’re like the average respondent in a 2010 Harvard Business School/Duke University study, your response was this: The richest top 20…
This week, Russian firm Orbital Technologies announced its plans for a hotel in orbit 217 miles outside of Earth, which will accomodate 7 guests in 4 cabins with massive windows for expansive, intergalactic views. Since this is a little bit outside of Google Earth’s navigation capabilities, we suggest two days aboard a Soyuz rocket. The Daily Mail…
The Global Economic Crisis Has Only Just Begun After an ineffective weekend flurry of phone calls among world leaders, confidence in governments’ ability to react is eroding. And the uglier it gets, the more politicians will focus on their own skin rather than finding a common solution. Buckle up. MUNICH – This was the…
Secrets And Shortcomings Of China’s Mammoth Rare Earth Industry Analysis: China’s approach to rare earth mining is putting it at odds with the WTO. China’s Economic Observer outlines where China’s gone wrong, and what it needs to do to set the industry straight. Rare earth oxides By Chen Jibing BEIJING – The World Trade Organization’s Dispute…
‘UNTHINKABLE’ Geithner Says No Deal Is Not An Option Precariously short of time, congressional leaders struggled in urgent, weekend-long talks to avert an unprecedented government default, desperate to show enough progress to head off a plunge in stock prices when Asian markets open ahead of the U.S. workweek. President Barack Obama met Saturday with Republican…
Stepping Into the Shoes of a Psychopath In “The Devil’s Double,” Dominic Cooper, with Ludivine Sagnier, plays Uday Hussein. IT’S hard to conceive of too many narratives in which Saddam Hussein might emerge as a second-tier villain. But in “The Devil’s Double” he is portrayed as a man who at least operated according to his…
The John Next Door The men who buy sex are your neighbors and colleagues. A new study reveals how the burgeoning demand for porn and prostitutes is warping personal relationships and endangering women and girls. Paul Popper / Popperfoto-Getty Image Men of all ages, races, religions, and backgrounds do it. Rich men do it,…