Representatives of about 100 nations participated in China’s New Silk Road Forum in May. Some in the West express concerns about the Silk Road initiative and the companion Asian Infrastructure Investment Bank. China has invested in developing its own infrastructure and now hopes to do the same for...
For months, the US has been trying to convince Asian nations like China and South Korea that the threat from North Korea is urgent and necessitates a unified diplomatic effort. Now, American intelligence officials claim that within a year North Korea will have the ability to attach small nuclear...
Click here for the original article on The New York Times website.
Global trade, exports from China and commodity prices are in decline – and these trends are interconnected, argues Daniel Gros for Project Syndicate. Some analysts contend that globalization is dead, and Gros offers a reminder that globalization is not limited to trade: “Globalization entails many...
Read the article from Project Syndicate. Daniel Gros is director of the Brussels-based Center for European Policy Studies. He has worked for the International Monetary Fund, and served as an economic adviser to the European Commission, the European...
After months of protests and a week of violent clashes that left more than 75 dead and threats of sanctions from the West, Ukrainian President Viktor Yanukovych and opposition leaders have signed a deal, brokered by Europe, that includes early but not yet scheduled elections and a new national...
Click here for the article in Time.
An international team of engineers, investors and designers created and launched a solar-powered vessel that circled the globe. The boat traveled close to the equator to maximize its exposure to the sun. “The Turanor uses energy harnessed from more than 500 [square meters] of solar panels to drive...
Click for the article in BBC News.
As globalization gained speed during the latter part of the 20th century, so too did India’s integration with the world economy. Baldev Raj Nayar, emeritus professor of political science at McGill University, counters critics who suggest that globalization has increased instability or poverty. By...
Shopping spree: As India's "Hindu rate of growth" gives in to globalization's fast clip, shopping malls sprout Enlarged image
MONTREAL: As the driving force of the world economy since the mid-1970s, globalization...
Fort McMurray, built around Canada’s oil sands industry, is engulfed by wildfires, prompting evacuation of the almost 90,000 residents. Thousands of homes were destroyed with damages already estimated at near $1 billion. The tragedy, suggests economist Todd Hirsch, offers a reminder on social...
Read the article from the Globe and Mail.
Todd Hirsch is the Calgary-based chief economist of ATB Financial and author of The Boiling Frog Dilemma: Saving Canada from Economic Decline.
Energy is big business, and coal is behind about 40 percent of the global electricity production and 65 percent of Indian power. Developed nations like the United States and Australia are among major coal producers and exporters. Yet political leaders and NGOs in those nations harangue emerging...
Australia is a coal country. It is big business; miners are important in politics and black gold exports dominate the country's finances. But dirty and polluting coal evokes strong emotions in environmentally concerned people. Coal-based power...