In the last few years, there has been a lot of hullabaloo over the wide-spread benefits of technology growth in India. The recent outcry in the US over the outsourcing of jobs to India only furthered the impression that Indians as a whole were winners in this phase of globalization. However, as...
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In recent weeks, the US military has singled out the Iraqi city of Falluja as the next stage in its campaign against rebel militants. According to US forces, the city harbors many non-Iraqi militants, who are primarily responsible for the nearly daily bombings that wrack Iraq. Recent intelligence...
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欧元实验正处在一个十字路口，如果其解体，那么，这会对全球产生何种影响？哈佛大学经济学教授肯尼斯•罗格夫撰文指出，尽管货币的种类减少，是一种具有重大经济学意义的现象，可以节省交易成本并利用规模效益，但是，在政治上，这或许会是一个“自杀性”的行为，因为其政治后果是有可能带来分散的独立主权与货币联姻之间的冲突。在罗格夫看来，欧洲如今经历的主权债务危机，是一场严重金融危机之后的典型“余震”，欧元看起来更像一个放大、而非吸收冲击的系统。欧洲领导人不愿意让欧元贬值，以为欧元走强是市场对欧元有信心的信号，他们为此付出的代价是，没有办法像没有加入欧元区的英国那样，从英镑的持续大幅贬值中获益。而且，...
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The video of a man bloodied by security guards for refusing to give up his seat on a plane bound for Louisville, Kentucky, is proving to be a global social media sensation. Twitter users are mocking the company by creating new mottos for United Airlines and memes, and Weibo users have made the...
Palm oil is the most widely consumed vegetable oil on the planet, reports the World Wildlife Fund, and the agriculture product is in found in a variety of common packaged foods and household products. Wealthy investors have burned large swaths of rainforest in Indonesia to produce palm oil for...
Economists around the globe suggest the United States is engaging in a currency war. “Even though the U.S. economy has already been growing robustly for years and, with an unemployment rate of just 4.1 percent, is approaching full employment, Trump is continuing to stimulate growth – a focus that...
Three years ago, the United States was Venezuela’s top trade partner, accounting for 43 percent of exports and 29 percent of imports. Rising animosity in US-Venezuelan relations increased Venezuela’s reliance on China including oil-for-loan deals. The country’s economy has collapsed and China may...
North Korea’s leader Kim Jong-un skillfully used a June summit meeting with US President Donald Trump to strengthen ties with China and improve his global standing. However, the “North Korean nuclear deal US President Donald Trump signed amidst great fanfare in Singapore in June may be unraveling...
Forget sanctions, sign peace treaty: North Korean leader Kim Jong-un will meet South Korean President Moon Jae-in once again to push for peace treaty while North Korea returns remains of war dead, hoping to soften the United States
SEOUL: The North...
