Are China’s GDP Numbers Believable?

Almost immediately after the Chinese National Bureau of Statistics released its second quarter GDP growth estimate of 7 percent in mid-July, a group of China watchers were crying foul. China officially targeted full-year growth of around 7 percent in 2015, a number matched exactly by its reported GDP figures for the first half of the […]

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Apple Could Make Money By Bailing Out Greece

That Apple should buy Greece with all the useless cash it has on hand is just a joke that won’t go away. Yet it’s true that, if big American corporations and European politicians had any imagination, they could probably engineer a bailout for the nearly bankrupt country on terms that would benefit everyone. Read Here – Bloomberg

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The Great Eastern Force

If I were to write about a new power rising in the East, one whose population of 633 million is the third largest in the world after China and India, and 100 million more than either the European Union or the whole of North America, you might expect to have heard quite a lot about […]

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A Hard Choice

Russia doesn’t just need petroleum to fuel its tanks and planes, but to pay for them as well. Because oil and gas revenues comprise half the federal budget, defense spending is tethered to energy prices. Read Here – Moscow Times

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