As a general proposition, it is refreshing to hear an American talk about “soft power.” Especially outside U.S. borders, in “old” Europe and the “new” emerging markets, hope inevitably rises that the United States is finally wising up. People there have long been befuddled by the United States’ penchant over the past decade to focus […]
Over the past several years, the most talked-about trend in the global economy has been the so-called rise of the rest, which saw the economies of many developing countries swiftly converging with those of their more developed peers. The primary engines behind this phenomenon were the four major emerging-market countries, known as the BRICs: Brazil, […]
The global economy is facing its third major brake on expansion in five years as emerging markets slow from China to Brazil, provoking debate about how much policy makers should respond. Three years after industrializing nations led the world out of the U.S. mortgage meltdown-induced recession, the reliability of the power source is waning as […]
Want to find a job? That’s not a problem if you are trained as a technician and looking for work in China or Brazil. Ditto for sales representatives, who are in hot demand in Taiwan and Hong Kong. In Japan, engineers won’t sit idle. Meanwhile, in Ireland, IT workers are needed. In the Netherlands, it’s […]
Brazil’s president, Dilma Rousseff, and her finance minister, Guido Mantega, are attacking the U.S. Federal Reserve for embarking on a third round of quantitative easing. By aggressively buying bonds, the Fed aims to push interest rates lower, and that will nudge the dollar down as well. This will hurt Brazil and other developing-country exporters, Mantega says, and […]
South America’s Triple Frontier, where Argentina, Brazil, and Paraguay meet at a bend in the Paraná River, has long served as a hub of organized crime and narcotics, weapons, and other contraband smuggling. For decades, these borderlands have been home to a large and thriving Arab merchant community. Read Here – Foreign Affairs
In 2001, Jim O’Neill kicked off a decade-long investment boom with a catchy acronym for the four largest emerging-market economies—Brazil, Russia, India, and China. The Goldman Sachs Asset Management chairman is now promoting a new foursome of fast-track countries: Mexico, Indonesia, South Korea, and Turkey. Read Here – Businessweek
looking beyond borders 