Global debt has reached $217 trillion, equal to a record 325 percent of global gross domestic product. “High levels of debt do not in themselves indicate an impending crisis,” explains Anthony Rowley, author and long-time business editor. “But when a dramatic surge in borrowing is followed by a...
Ready for the next crisis? Tim Adams, head of the Institute of International Finance, warns about mounting corporate debt that could trigger the next financial crisis, left, and repeat the mayhem of the 2008 financial crisis
TOKYO: There are...
The 1989 Tiananmen Square protests led to iconic images, like the lone man, his identity unknown, confronting a line of Chinese People’s Liberation Army tanks. The ongoing protests in Hong Kong, which began in 2019, have already lasted more than twice as long as the Umbrella Movement and more than...
Struggle continues: Hong Kong’s lengthy protests since June 2019 provoke police shooting, and Tiananmen Square’s tank man from 1989 still inspires (Source: South China Morning Post)
IRVINE: In 1989, residents of cities across the People’s Republic...
Globalization thrives in financial markets and may even control them. Much focus is on the world’s fastest-growing economies. For example, China’s consumes near half of the world’s aluminum, copper, lead, nickel and zinc, up from 13 percent in 2000, writes economist Robert J. Samuelson for the...
Read the article in the Washington Post.
The growth of cities across the globe has obscured the line between night and day. Artificial lights that regularly brighten the night sky for human activity in metropolises and their suburbs has repercussions on humans and other living organisms that are only now beginning to be understood....
Click here for the article on National Geographic Magazine.
A US national intelligence estimate – a consensus of 16 intelligence agencies – recently concluded that Iran discontinued its nuclear-weapons program due to “international pressure.” Author and Middle East analyst Dilip Hiro examines the chronology of events and argues that Iran started and ended...
Once in charge: The 2003 US invasion of Iraq not only ended Saddam Hussein's rule, but probably also the Iranian quest for nuclear weapons
LONDON: Contrary to the claim by Washington’s latest National Intelligence...
Despite repeated protests against American unilateralism, European Union leaders may have to reconcile themselves to the idea that they will be unable to prevent the Bush administration from waging war in Iraq. While the oft-cited “Transatlantic gap” has yet to materialize, the power gap between...
It may be time to admit that there will never in fact be a common European foreign and security policy. Long before the crisis over Iraq erupted, momentum towards the creation of such a policy was quietly ebbing away....
The European Commission wants the world’s top tech companies – Amazon, Facebook, Google and others to follow the lead of financial services firms by sharing data with small firms. The commission released a “European Strategy for Data,” and proposes compulsory data-sharing in areas with market...
Up until this month, Singaporean women living overseas could not pass citizenship rights onto their children born out-of-country – only men were given this privilege. Children of expatriate women were forced to apply for citizenship. Yet as more Singaporean men and women leave the country to work...
CHILDREN born to Singaporean women overseas from May 15, 2004, will now be able to obtain Singaporean citizenship by descent.
As it stands now, only Singaporean men can pass on their citizenship to their...
