Indeed, the US-China relationship is a classic example of the old saw: if you owe the bank a thousand dollars, you have a problem; if you owe the bank a trillion dollars, the bank has a problem. Trump holds the important cards and it is simply a case of whether he wants to play them. […]
One president pledging to “make America great again” and another pushing his “Chinese dream” will meet for the first time in Palm Beach, Florida. Together, Presidents Donald Trump and Xi Jinping oversee about one-third of the world’s economy, a quarter of its trade and two of its most powerful militaries. So whether their negotiating teams […]
Saudis, Russia, shale. That is all ye need to know in order to understand the oil market. The Saudis lead the OPEC oil cartel, Russia is their largest potential fellow traveler, and the Permian Basin in the Southwest is the oil-rich shale that stands between the other two and $100 per barrel oil. Read Here […]
The acronym of the moment in Beijing is BAT: Baidu (the search engine), Alibaba (Jack Ma’s answer to Amazon), and Tencent (which is the nearest thing to Facebook). These companies are much more than clones of their US counterparts; each has shown itself to be innovative in its own right. Read Here – Boston Globe
The economy of the United States is the largest in the world. At $18 trillion, it represents a quarter share of the global economy (24.3%), according to the latest World Bank figures. Read Here – World Economic Forum
In an ideal world, it would be nice to streamline, simplify, and even reduce tax and regulatory burdens on US businesses. But business is not the weak link in the US economic chain; workers are far more vulnerable. Economic returns have shifted dramatically from the providers of labor to the owners of capital over the […]
The “fourth industrial revolution”, an era of unprecedented automation and connectivity, could reshape the urban environment and have profound impacts on society at large. Read Here – Rancoteur
In the aftermath of the 2008 global financial crisis, investment capital became far scarcer and efforts to ensure SWF transparency and accountability gave way to competition for their capital. Far from a source of apprehension, SWFs have become beneficiaries of fiscal incentives designed to encourage investment in Europe. Read Here – Project Syndicate Abu Dhabi’s […]
Politicians routinely bemoan the loss of good blue-collar jobs. Work like that is correctly seen as a pillar of civil middle-class society. And it may yet be again. What if the next big blue-collar job category is already here—and it’s programming? Read Here – Wired
19 million more jobs! Yes, that’s the number of additional jobs that would have been created had ‘average’ cities performed as well as their competitive counterparts. 75% of these jobs would have been in the private sector. What is a competitive city? How does a city become one? Is your city competitive? Read Here – […]
looking beyond borders 