Forget about all the shoes, toys and other exports. China may soon have another thing to offer the world: a recession. That is the prediction from Ruchir Sharma, head of emerging markets at Morgan Stanley Investment Management, who says a continuation of China’s slowdown in the next years may drag global economic growth below 2 percent, […]
For much of the past decade, the Democratic Socialist Republic of Sri Lanka was more or less a family business — one that happened to be run on an island just 22 miles off the coast of the second-largest country in the world and astride a key shipping lane to the largest. By one estimate, former […]
In the wee hours of Monday morning, after a marathon 17-hour session, Greece finally agreed to a deal with the euro zone that would give it enough cash to start reopening its shuttered banks, pull it out of arrears, and stave off its exit from the euro. In some ways this deal (or any deal) might […]
The Sri Lankan government has cleared one more Chinese project – the expressway linking the southern port city of Hambantota with Matara, which will be the second phase of the previous Chinese-funded project that connects Matara with Colombo. This was one of former President Mahinda Rajapaksa’s pet projects – connecting his hometown with the capital. […]
Futurists and science-fiction writers have at times looked forward to machines’ workplace takeover with a kind of giddy excitement, imagining the banishment of drudgery and its replacement by expansive leisure and almost limitless personal freedom. And make no mistake: if the capabilities of computers continue to multiply while the price of computing continues to decline, […]
For most of the past 35 years, China’s policymakers have set their focus on the domestic economy, with reforms designed to allow the market to provide efficiency and accurate price signals. Though they had to be increasingly aware of their country’s growing impact on the global economy, they had no strategy to ensure that China’s […]
For decades, Mexicans have been the largest contingent in America’s 41.3m foreign-born population. But the annual inflow has slowed dramatically. In 2013 Mexico was overtaken as the biggest source of new migrants by both China and India, according to the Census Bureau. In 2007, just before the recession, Mexicans made up 23.6% of all annual […]
“You campaign in poetry, you govern in prose,” said Mario Cuomo, who, as a three-term governor of New York State, knew a thing or two about winning elections. But there has been precious little poetry in Britain’s election campaign, now in the final countdown to Thursday’s (May 7) voting. No soaring verse, not much in […]
In an attempt to build India’s industrial base nationwide, (Prime Minister Narendra) Modi is pushing the Make in India campaign, designed to attract foreign investment by highlighting the ongoing changes. How does the effort all stack up agains China? Read Here – Businessweek
Often overlooked in the tumult of Washington’s foreign policy debates is the remarkable consistency of U.S. foreign and trade policies over time. This is due to one immutable factor: American national interests. When U.S. policy moves away from our national interest, not only does it cease to serve its primary purpose, but it becomes unstable […]
looking beyond borders 