In The News

Traditional medicines, once customized for each patient, are increasingly standardized and manufactured in large modern factories, for delivery around the globe. To expand markets, Chinese manufacturers are conducting clinical trials and putting their products under the review of the US Food and Drug Administration, considered among the world’s toughest regulators for drugs. “Although China...

The Basel Committee on Banking Supervision has finalized Basel III rules on voluntary global bank capital standards. “The original rules raised questions about the ability of global banks to use internal models to assess various risks and the need to level the playing field in global banking,” explains Efraim Chalamish for Global Finance. The rules aim to decrease bank leverage and increase...

Strava is a social media site that aims to connect and motivate athletes around the globe: “Strava works with your mobile home or favorite GPS device to track your activities and share your efforts with friends.” An Australian student studying Middle East security, Nathan Ruser, studied Strava’s map and soon “discovered pockets of activity in Iraq and Syria. Unlike in the U.S., where the terrain...