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North Korea After Kim

December 20, 2011
With the death of North Korea’s dictator, speculation focuses on transfer of power and the fate of the nation’s nuclear weapons program. Much depends on whether successor Kim Jong-un can earn respect from North Korea’s military leaders. Military expenditures are estimated to represent about 25...

China’s Market Rout Is a Double Threat

July 10, 2015
China’s stock markets have bounced back, but the strong of losses may have dented investor confidence in the government’s ability to control those markets. The abrupt loss of Chinese shares’ value over the course of a few weeks, equal to six times Greece’s foreign debt, and a general downturn in...

If You Thought the Bank Bailout Was Bad, Wait Until the Mortgage Defaults Hit Home

November 16, 2010
Ireland’s decision in September to borrow from the European Central Bank to repay €55 billion in bonds of bankrupt Irish banks calmed markets for the time being. The outcome satisfied large European banks that held the bonds, but left the Irish government with an open-ended commitment to cover...

Climate Of Politics

January 22, 2010
The Copenhagen conference seemed to reveal more about the current global balance of power than to resolve how to mitigate climate change. The US turned its back on Europe to get a chance to measure developing countries’ emission reduction efforts. While Europe’s attempt to mandate a 50 percent...

Rockers Tuning in to Chinese Market

November 29, 2007
China, with 1.3 billion people and rapidly growing wealth, is an irresistible market for many industries, and rock 'n’ roll is no different. The Internet has flooded China with Western tunes, building an appetite for rappers like Talib Kweli and mainstream bands including Linkin Park. While...

In Search of the Iraqi Pie

June 3, 2003
Preliminary work on the reconstruction of Iraq has begun, and firms from a variety of countries are already lined up for possible contracts. This article from Outlook India Magazine discusses the prospects for Indian companies hoping to get some of the lucrative sub-contracts in the reconstruction...

"Voice of the People"

January 23, 2006
After polling more than 50,000 people from around the world, a World Economic Forum survey, administered by Gallup, "overwhelmingly found that political leaders are dishonest, have too much power and are too easily influenced." The results of the survey, branded the "Voice of the...

The Costs of Containing Iran

December 5, 2007
A US intelligence report published December 3 concludes that Iran abandoned its nuclear weapons program in 2003. The report from 16 US intelligence agencies could slow an aggressive policy on Iran from the Bush administration. The US has failed to build a US-Israeli-Sunni alliance against Tehran...
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