Steadfast national sovereignty and global trade don’t mix so well, warns Nayan Chanda, editor of YaleGlobal Online, in his column for Businessworld. Traders and investors appreciate flexibility. So when steel demand in Europe declined and ArcelorMittal announced plans to close two blast furnaces,...
A ham-handed French government attempt to control the local operations of ArcelorMittal has reinforced at least one vital lesson: sovereignty has its limits in dealing with a globalised economy. The trouble arose when the steel giant, confronted...
Thai Prime Minister Thaksin Shinawatra was accused of being a liar when he pledged equal medical access for AIDS patients at the 15th International Aids Conference in Thailand. Controversy at the opening ceremonies centered around the Prime minister’s three-month-long, all-out war on drugs last...
Prime Minister Thaksin Shinawatra's controversial war on drugs, in which more than 2,500 people were killed, came back to haunt him yesterday on his biggest international stage yet.
Opening the 15th...
The European Union's member states are joined together in an effort to remain competitive in an increasingly fierce and globally integrated world economy. It remains to be seen, however, whether the trend of globalization will undermine their national sovereignty. The United States, in an...
Click here for the original article on The New York Times website.
Middle East investors and shoppers are bypassing travel, education or health care in the US for friendlier opportunities in Asia and Europe. In March, the US rejected acquisition of operations for six US ports based on security concerns, but even before that, Saudi tourism to the US was down 75...
JIDDA, Saudi Arabia -- The economic rift that opened between the Middle East and U.S. after the Sept. 11, 2001, attacks has widened into a chasm. While the U.S. was once the first stop for goods and services, Middle...
Inequality in Japan's workplace is not only keeping Japanese women down, but also Japan itself. With population decline threatening huge labor shortages and possible economic collapse, it would seem Japan might be eager to tap into an underutilized segment of the population. Indeed, many...
Click here for the original article on The New York Times website.
Globalization infiltrates every part of business and life, and most citizens may not even notice some of the trends in which they participate. US President Barack Obama noted while in Germany while adding that governments could do more to explain the complexities and ease hardships. “Make America...
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Homelessness is a mark of failure for communities in providing basic security. Based on national reports, about 2 percent of the world’s population may be homeless. Another 20 percent lacks adequate housing, reports demographer Joseph Chamie. Such statistics come with a caveat. Obtaining accurate...
Under the open sky: Increasing numbers of people are homeless, in both wealthy and poor cities, from Russia to India
NOTE: This article was updated on 21 January 2020 to include the specific cautionary note from the OECD on using the data for...
The academic boycott of South Africa began in the mid-1960s as a move to eliminate apartheid. Over time, the boycott gathered momentum, but had limited success. Critics pointed out that the boycott stifled the flow of ideas and interaction, hurting the very people who were supposed to be helped by...
Click here to read the article in Bitterlemons-International.org.
