Is globalization running out of steam? A new study shows that cross-border investment and trade flows declined worldwide in 2012, ending a two-year recovery after the global financial crisis. Read Here – BusinessWeek See the study here
China’s 850 cities are witnessing the largest urbanization movement in human history. By 2025 China is expected to have 221 cities with over a million inhabitants and 23 cities with more than 5 million people. Such explosive urban growth is straining Chinese infrastructure. Read Here – The Diplomat
The battle of spin has begun in great earnest after the signing of the Iran nuclear deal Read Here – Al Jazeera
Yes, Bitcoin is what some call a deflationary currency. Because the system was designed to allow the creation of only a finite number of bitcoins, there will come a point where, as demand rises, the value of the currency will only go up (making the price of goods and services fall, hence the term deflation). And that could […]
In the latest move in China’s anti-waste campaign, central authorities have issued rules to standardise fund management and ban Party and government extravagance Read Here – China Daily
India and China find that pragmatic flexibility trumps ideology in trade policies. Case in point: Israel. Read Here – The Diplomat
The president’s negotiation could remake global politics—but he faces recriminations from domestic opponents and foreign allies like Israel and Saudi Arabia. Read Here – The Atlantic
The Chinese leaders see no contradiction between economic and social liberalization on the one hand and more political control on the other. In fact, in their minds, the latter is the condition for the former. Lightening up and tightening up are two sides of the same coin. Read Here – Bloomberg
To remain competitive, modern economies need to establish banking systems capable of providing stable access to credit to talented entrepreneurs and responsible households. Read Here – Foreign Affairs
Judging from their reactions to the deal that world powers signed with Iran in Geneva early Sunday morning, Prime Minister Binyamin Netanyahu and US President Barack Obama live in different worlds. Read Here – Jerusalem Post
