Numerous commissions have reviewed the activity leading up to the 9/11 attacks, hunting for strategies that might have prevented the threat. Of course, detecting threats in advance is challenging, but there were clues – reports of Saudi men attending flight school with no interest in landing. The...
Two hundred years ago, the English navy blockaded French ports, cutting the country off from the sugar cane of tropical colonies and forcing Napoleon to push French farmers to grow beet sugar as a replacement. The blockade eventually ended, but the farming of beet sugar did not. Indeed, as this...
Click here for the original article on The New York Times website.
Low interest rates and easy loan terms encouraged people and businesses around the globe to live beyond their means. Those loans were based on assets that have since plummeted in value, explains Ho Kwon Ping, chairman of the board of trustees for Singapore Management University. Investment banking...
It's university graduation season again and invariably, many graduates I encounter want to become investment bankers.
In less than a year, financial stocks have plummeted by over 70 per cent in value....
The United States is the world’s largest economy in nominal terms and also the largest market. But flexing economic muscle could chase other major economies like China and the European Union to pursue their own partnerships. Under the Trump administration, the United States has applied economic...
The Wall Street Journal: These days, the biggest, baddest weapon in the American arsenal isn’t a missile, or a tank, or a fighter jet. It is America’s economic clout.
But here’s the tricky question: Is this weapon being overused, at the risk of...
The world is awash in debt, more than $225 trillion in all by some reports. Warning bells are going off about a lack of liquidity in bond markets amid anticipation for the US Federal Reserve to begin gradually lifting interest rates. Prices of bonds already in the market will fall as interest rates...
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Trade – along with the accompanying fears over foreign competition, job loss and reduced wages – is a hot issue for the US presidential campaign and elections elsewhere. Ajai Gaur and Ram Mudambi, professors of international business strategy at Rutgers University and Temple University, analyze...
Taken for granted: Foreign firms, including a Toyota plant in Kentucky, pay high wages and link local firms to global value chains, top; US manufacturers like Boeing both export and import
NEWARK, PHILADELPHIA: Trade typically figures prominently in...
Air pollution is an increasing danger for children’s health. One out of every seven children, 300 million in all, are exposed to toxic levels of outdoor air pollution, reports the United Nations Children’s Fund, or UNICEF. “The World Health Organization, WHO, says air pollution kills about seven...
NEW YORK, New York, October 31, 2016 (ENS) – One in every seven children, 300 million, endure the world’s most toxic levels of outdoor air pollution – six or more times higher than international guidelines – and many die as a result, finds a new...
Europe's left wing has given the right a boost. Popular liberal fears of Americanization and "coca-colonization" have fostered the belief that individual cultures are in danger of extinction. And France's extreme right is exploiting this pervasive anxiety in the current...
Click here for the original article on The New York Times website.
