Amid a world of pitiless competition, David Cameron is serving the national interest by leading the drive to sell British-made weaponry to our allies in the Gulf. No less than 300,000 jobs depend on Britain’s defence industry, which serves as our biggest exporter of manufactured goods and keeps this country at the forefront of technological […]
Officials in Tokyo have known for some time that Japan’s regional foreign policy needs to be revamped. The economic crisis has brought Japan’s export giants to their knees and forced the country’s economy to look at different ways of conducting business. Moreover, the nuclear crisis in Fukushima last spring further intensified Japan’s already acute energy […]
It is time for economists to admit that they are stumped. Four years after being blindsided by Lehman Brothers’ collapse, the profession is still stumbling in the dark. Policymakers and pundits still make confident pronouncements, but the conclusions are radically different. The expert disagreements give away the truth: ignorance reigns. Read Here – Reuters
As Egypt struggles to revive an economy battered by last year’s uprising against Hosni Mubarak, private lawsuits are attempting to overturn the sale of state assets during his rule. The court actions present the new government with a dilemma: It’s trying to attract foreign investment while addressing the demands of a population that stages protests […]
Predictions of the date may differ, but the general consensus on Japan remains the same. In a matter of just three to 10 years, the world’s third-biggest economy may start running out of the savings needed to fund its massive public debt. Is it time to start selling yen, or are the doomsayers off target […]
IS HURRICANE SANDY capable of altering the election result? The presidential candidates are hunkering down and trying to avoid looking partisan as this big, wet storm heads for the eastern seaboard. But any number of calculations are being made by the campaigns. Plausible arguments are flying, explaining why this storm is bad news, or is […]
The Middle East is undergoing a historic transformation. Parts of the region are up in flames, and Asia’s primary powers either have no role or a destructive one. Pakistan, Indonesia and other Asian Muslim countries, as well as India, with the world’s second-largest Muslim population, are largely uninvolved, as if events in the region have no […]
It’s been 20 years since I’ve been in Mongolia, the large country of high desert plains sandwiched between China and Russia, and much has changed. Some, education and food supply, is for the better, and a lot – including urban sprawl and rising inequality – is for the worse. Much of the change has to […]
China’s currency hit a 19-year high against the U.S. dollar on Friday. Not coincidentally, on the same day the yuan rose to 6.238 against the greenback, disgraced former Politburo member Bo Xilai suffered his latest indignity, with the official Xinhua News Agency announcing his removal from the National People’s Congress, China’s rubber-stamp legislature. “According to the law on […]
JUST after the 18th National Congress of the Chinese Communist Party, which starts in Beijing on November 8th, a short line of dark-suited men, and perhaps one woman, will step onto a red carpet in a room in the Great Hall of the People and meet the world’s press. At their head will be Xi […]
looking beyond borders 