China’s Deep Set Fears Drive Nationalism
Historical subjugation by foreign powers make Chinese fear the future even after it has emerged as a global power and become the world’s second-biggest economy. Read Here – TeaLeafNation
Historical subjugation by foreign powers make Chinese fear the future even after it has emerged as a global power and become the world’s second-biggest economy. Read Here – TeaLeafNation
The U.S. unemployment rate fell to 7 percent in November, the lowest since November 2008, raising questions about how much longer the Fed will keep fueling the economy with monetary stimulus. Read Here – Businessweek Let It Ride – The Economist
Much as Japan Inc. caused a sensation with its buying spree in the eighties, acquiring prominent U.S. companies and landmarks, including Rockefeller Center, Chinese companies are making their presence felt. Acquisitions range from AMC cinemas to IBM’s personal computers unit. Read Here – The Diplomat
Because Israel is the strongest and the PNA the weakest and defenceless, Tel Aviv now negotiates, even as it expands its colonies, to make the ‘two-state solution’ totally unfeasible Read Here – Gulf News
As a fiscally constrained and war-weary Washington confronts its foreign policy challenges, events in Ukraine and Afghanistan show that economic incentives can play a major role in addressing them. Read Here – The Atlantic
hina’s oil import dependency has risen from 32% at the beginning of this century to 57% last year. In the past few years, Chinese car ownership has exploded while China’s oil production has grown only slightly. Read Here – WorldCrunch
On Dec 1, 1943, China, the United States and Britain jointly issued the Cairo Declaration, which explicitly states “that Japan shall be stripped of all the islands in the Pacific which she has seized or occupied since the beginning of the First World War in 1914, and that all the territories Japan has stolen from […]
Strengthening dialogue and cooperation is the “correct choice” for China and the United States, President Xi Jinping told visiting US Vice-President Joe Biden Read Here – China Daily
Between 2008 and 2012, several of the developed world‘s most fiscally challenged nations (including the United Kingdom, Ireland and Spain) increased top personal income tax rates by an average of 8%. In the United States, the expiration of the Bush tax cuts pushed the highest federal income tax bracket to 39.6% from 35%. Read Here […]
It is the new new normal: a way to describe the persistent state of subpar economic growth plaguing developed nations. Read Here – Bloomberg