In The News

In the world of soccer, globalization has done its job. With the upset of two teams favored to win the World Cup in the first round – France and Argentina, traditional soccer powerhouses – developing countries are finally getting their due in soccer. Open borders have allowed soccer players from developing countries to migrate to places like England and Germany, perfect their skills on wealthy...

Diminished social disapproval of alcohol consumption among India's middle class, coupled with a national economy increasingly open to foreign investment, is attracting big foreign distillers to India. For decades, India vigilantly regulated foreign investment, choosing instead to bolster and develop its local industries. With increased pressure from the World Trade Organization (WTO) to...

The Japanese have eaten sushi for centuries, making it an important part of their traditional cuisine. Eventually, however, sushi made its way across the Pacific, landing on American plates as an exotic luxury. Once in the United States, sushi morphed to fit American tastes, and un-Japanese ingredients like avocados and cream cheese became staples in American sushi restaurants. This globalized...