Rising energy costs lead to consternation in emerging economies, especially net importers of oil as well as the many that rely on fuel subsidies. A proposed hike in subway fares by Chile's President Sebastián Piñera prompted protests that led to protests, clashes with security forces – leading...
The Covid-19 pandemic may end the US dollar’s status as primary reserve currency, warns Yale economist Stephen Roach. The pandemic and high unemployment pressure US living standards and spending even as world leaders question US leadership and notions of exceptionalism. Current account deficits...
“The vulnerability of Southeast Asian countries to the combination of Chinese money and their own corrupt politicians has been laid starkly bare by a new report on Malaysia’s scandal ridden 1MDB,” reports Philip Bowring. International authorities are investigating Prime Minister Najib Razak for...
The vulnerability of Southeast Asian countries to the combination of Chinese money and their own corrupt politicians has been laid starkly bare by a new report on Malaysia’s scandal ridden 1MDB.
Desperate to extricate himself from the massive misuse...
So many nations are polarized with ongoing conflict, and one reason is religious intolerance. In Muslim nations, a sharp religious divide between Sunni and Shia Muslims – one that began over who would succeed the Prophet Mohammed after his death in the 7th century, still contributes to jihad and...
Click here for the article in The Independent.
Education is a long route to prosperity. Parents who view children as a resource that can contribute to a family farm, business or retirement often dissuade children from pursuing full education opportunities. “Because they equate education with loss,” writes Paul Phillips, principal and chief...
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The Olympics are global mega events. The world briefly pauses to admire athletic skill and dedication. The audience also assesses the host city’s customs and capability. Anthropology professor Susan Brownell points out that the Olympic Games are increasingly being hosted by nontraditional powers...
Soaring Olympics price tag: South Korean Yuna Kima at Sochi Winter Olympics, which cost $51 billion (top); the 2008 Beijing Summer Olympics cost $43 billion
NEW HAVEN: The withdrawal of Oslo’s bid to host the 2022 Olympic Winter Games has provoked...
Speaking before the upcoming Asian-African Summit, Indonesian President Susilo Bambang Yudhoyono called on leaders from the two continents to initiate increased use of renewable energy. High investment costs and limited incentives make renewable energy a tough sell across the region. Yet as...
Amid the decline in conventional energy resources and rising global pollution, President Susilo Bambang Yudhoyono suggested on Monday that nations from Asia and Africa initiate the use of renewable energy resources...
