Internet file sharing and downloads, as well as illegal CD manufacturing, have caused a global decline in music sales. While this may strike fear in the hearts of shareholders of the five music majors – Universal, Sony, EMI, Warner, and BMG – all is not lost. DVD sales increased by 55% in the...
The music industry on Wednesday suffered another blow when new figures showed global sales fall by almost 11 per cent in the first six months of the year.
The IFPI, representing the world's largest music...
US media have been fascinated by both China’s and Vietnam’s success in embracing global markets while retaining communist governments. But that fascination resulted in a limited, oft-repeated presentation that does not delve into the cultural complexities, according to history professor Jeffrey N....
For anyone who follows the American media's treatment of Asia, coverage of President Bush's recent whirlwind visit to Vietnam was bound to trigger a sense of deja vu. Why? Because the approach reporters took to Hanoi's...
In the seventh annual assessment of the progress of globalization, Foreign Policy magazine and consulting firm A.T. Kearney rank the 20 most globalized nations in the world and seek to explain some of the recent shifts. Using data from 2005, they compared states along four dimensions: economic...
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The West has viewed Africa as an undifferentiated mess of war, disease, corruption and poverty for some time. The International Monetary Fund, however, estimates that sub-Saharan will grow at 7 percent in 2008, largely due to investment by Chinese and Indian companies. US and European experts are...
The planned purchase of a 20 percent stake in South Africa's highly successful Standard Bank by the Industrial and Commercial Bank of China, the world's largest bank by market capitalization, is the biggest foreign...
Witnessing the quiet desperation of the poor, willing to work hard but lacking resources, often ignites anger and ideas. Neither trade nor traditional occupations such as goat-herding can provide enough subsistence for the rural poor, such as those who live in Nepal. Economist Lant Pritchett...
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For half a century, India and Pakistan have disputed ownership of Kashmir. Now that a devastating earthquake has reduced the cities and towns of Kashmir to rubble, the opportunity – and necessity – for peace between the two nations is greater than ever before. On the Pakistani side of the border...
MADRID The idea of Kashmir as a cause that has spurred on three wars between India and Pakistan and festered like an open wound for half a century, preventing peace between the two countries, lies in the rubble and lost...
As a result of maneuvering by the so-called G4 (Japan, Germany, Brazil and India) to gain permanent seats on the United Nations Security Council (UNSC), a meeting of African Union members in early July will play a large role in determining which of the four will be successful. The meeting, which...
India's ambition for a permanent seat in the United Nations Security Council (UNSC), as well as that of three other members of the Group of Four, G-4 (Japan, Germany and Brazil), will be decided, of all places, at the...
In November 2003, a frustrated population demanded the ouster of a corrupt and autocratic government. Georgia's Rose Revolution created a model for other peaceful regime changes, as later seen in Lebanon and the Ukraine. Despite its relative success, write Philip H. Gordon and Derek Chollet...
When the Rose Revolution bloomed: Opposition leader Mikhail Saakashvili (center), now President, needs to be both supported and restrained
TBILISI: If a global wave of democracy does ultimately transform the...