The unrelenting negative reports about Facebook Inc. (FB) are enough to rattle even the true believers among us. Yet it would be premature to despair over the company’s long-term viability and health. Facebook is still potentially the most valuable information-based business. It had 955 million monthly active users at the end of June, and benefits from a tremendous […]
Concern is growing that China’s economy could be headed for a hard landing. The Chinese stock market has fallen 20 percent over the past year, to levels last seen in 2009. Continued softness in recent data – from purchasing managers’ sentiment and industrial output to retail sales and exports – has heightened the anxiety. Long […]
In an exasperated outburst, just before he left the presidency of the European Central Bank, Jean-Claude Trichet complained that, “as a policymaker during the crisis, I found the available [economic and financial] models of limited help. In fact, I would go further: in the face of the crisis, we felt abandoned by conventional tools.” Read […]
Over the past few years, largely out of sight, governments have been clawing back freedoms on the internet, turning an invention that was designed to emancipate the individual into a tool for surveillance and control. In the next few months, this process is set to be enshrined internationally, amid plans to put cyberspace under the authority […]
looking beyond borders 