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The Great Thrift Shift

September 26, 2005
If the global economy is growing, why are interest rates so low? If the US deficit has been skyrocketing since 1999, why are Americans still able to borrow money with impunity? The answer to both questions, as put forth by American economist Ben Bernanke, may lie in a "global saving glut....

Universities Move to Hide Work From US Eyes

November 13, 2006
The internet tool RefWorks allows professors and students to organize and store research, automatically creating bibliographies. The firm RefWorks describes itself as an international company – but it is based in the US, home of the Patriot Act, which after the 9/11 attacks granted federal...

China’s Latest Currency Actions Are Market Driven

August 13, 2015
China’s move to devalue its currency is “a potentially major step toward a more market-determined exchange rate,” argues Nicholas Lardy for China Economic Watch. The move unleashed a sell-off of global stocks, but is more likely tied to China’s efforts to promote the renminbi as a world reserve...

Egyptian Group Wants to Censor Arabic Classic

July 14, 2010
The collection of folktales known in English as “The Arabian Nights” are a classic work of globalization. For centuries, starting with the 9th, multiple storytellers traveled, spinning and elaborating the tales with themes and settings spanning ancient Mesopotamia, India, medieval Persia and Egypt...

Should the US Sell Nuclear Technology to India? – Part II

November 10, 2005
When US President Bush signed a deal in July with Indian Prime Minister Manmohan Singh allowing India access to civilian nuclear technology, naysayers complained that the administration had undermined the principles of the Non-Proliferation Treaty (NPT), which India has not signed. In the part two...

Belief in a Worldwide Islamist Conspiracy Foolish

August 18, 2006
“He who has one enemy will meet him everywhere.” The proverb attributed to a 7th century Islamic caliph serves as a germane warning for the US. The Bush administration has amalgamated all Muslim opponents of US foreign policy into one group of “terrorist enemies,” and a more discriminating policy...

解读优衣库成功的真正秘密

March 9, 2012
就好像在找对象时许多人喜欢“高帅富”一样，我们在思考未来经济发展增长点或者投资热点之时，大多数人对于那些来钱快的行业，比如能源高科技产业，都有一种偏爱，现在只要谈起未来的经济发展趋势，很多人脑子里面首先的一个反应就是，那肯定是能源和高科技产业，可以举出的例子包括苹果、软件业、力拓等等。对于许多投资者而言，能源和高科技，似乎就代表了他们未来几年财富增值的“钱袋子”。但是，高连奎通过解读优衣库的成功故事，和我们分享了不一样的看法。在他看来，传统行业，比如食品、零售、制衣等，还是存在巨大的财富创造空间，只不过需要在手段上进行创新。对此，他引荐了蔡成平的近作，是一本研究优衣库商业运作模式的书。在书中...

Darfur Rebels not Aware of Talks, Welcome Nigeria

August 10, 2004
To address the humanitarian crisis in Sudan’s Darfur region, the Sudanese government and black African rebel groups have agreed to peace negotiations mediated by Nigerian President Olusegun Obasanjo. The meeting, set to take place in Abuja, Nigeria on Aug. 23, will hopefully end the turmoil that...
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