This week’s currency setbacks for the world’s second-largest economy have created a financial ripple effect across the globe, with stock market nosedives and raw material prices dropping to dangerously low levels.
This week’s currency setbacks for the world’s second-largest economy have created a financial ripple effect across the globe, with stock market nosedives and raw material prices dropping to dangerously low levels.
-OpEd- PARIS — The late 1990s anti-globalization movement that protested against summits like the World Trade Organization in Seattle and G8 in Genoa used the slogan: “Another world is possible.” Is this “other world” now being constructed before our eyes by the BRICS, as the emerging countries of Brazil, Russia, India, China and South Africa […]
The treaty signed with Iran won’t eliminate the risk of global proliferation. Russia, China and North Korea in particular are building arsenals and see destabilization as strategy.
-Analysis- BEIJING — Included among Fortune“s recently-published Global 500 rankings of the top corporations worldwide are 106 companies from China, a new record for the country, and now second only to the United States in terms of representation on the prestigious list. But it’s imporant to note that the Global 500 rankings only reflect revenues […]
Even a country like Turkey can’t find its way into the modern era. What remains is a negative, aggressive “discount Islam” that creates problems around the world
There are plenty of good reasons Nobel laureate Mario Vargas Llosa shouldn’t be flaunting his affair with a Madrid socialite. But if it’s really love, none of that really matters.
Athens must make some painful changes to survive and preserve its Eurozone membership. But the monetary pact needs to be fundamentally changed.
Venezuela, facing economic turmoil and the challenge of upcoming legislative elections, is inflaming a centuries-old border dispute with Guyana.
As Venice’s biennial art extravaganza reveals, sexual provocation is old hat, and anti-capitalism is the new means of selling expensive art to millionaires.
Despite negotiations, perhaps the Greek Prime Minister wants to lead his country toward a Latin American-style leftist populism, like Venezuela, Bolivia and Ecuador.
-OpEd- BEIJING — The picture is not pretty: drug-related crime is spreading and deepening throughout China. The latest National Narcotics Control Report notes that the problem increasingly involves new types of synthetic substances, even as China has stepped up its efforts to effectively combat the trafficking and use of illegal drugs. Drug-related crimes used to […]
Last month, Spanish correspondent Ricard Gonzalez was forced to leave Egypt in a hurry. Here is his story
As oil and commodities prices drop and the U.S. dollar is revalued, Latin American economies must prepare for life with less hard cash.
-OpEd- JERUSALEM — The government regularly shares its fears about the politically motivated economic boycott of Israel, worried about the long-term damage to the country’s economy and the specter of foreign investors running away. Unfortunately, we don’t see the same energy in battling the international boycott also put into fighting the rampant corruption in Israel, […]
Greece, confronted by its creditors, and Iran, facing a showdown over the nuclear dossier, may have less to lose from the failure to reach an agreement than their counterparts.
-OpEd- HONG KONG — Lately there have been snarky voices and Internet taunting directed at Hong Kong. This mostly comes from Chinese mainlanders declaring that Hong Kong’s economy is doddering and unprogressive, and that from both an entrepreneurial and infrastructure point of view, it is lagging behind the world and mainland China. Other critics say […]
Latin America’s leading economies look for the formula to compete globally. They should start by studying local schools — and the bitter resistance to any education reform.
-Analysis- MUNICH — Slaughterhouses and farms are becoming increasingly larger in size. Tracing the origins of an animal has become next to impossible as our sources of meat are increasingly transported across Europe, and the world. This not only affects the animals but inevitably us as well. The schnitzel on your plate was once a […]
Too many nations and peoples with too many grievances. A wealth divide that grows deeper. A new (new) world order is needed, with the U.S. and China firmly in charge.
Few are shocked by revelations that U.S. intelligence spied on French presidents. But if Washington wants to be a good ally, it should start with a loud and clear apology to all its snooped-on friends.
Amid growing ties, the youths of the Arab Spring could come between Beijing and its local partners
The Kurdish victory over ISIS in the Syrian border town of Tal Abyad has brought out the worst instincts from Turkey’s leaders.
Tensions are playing out in the South China Sea, and stakes couldn’t be higher.
Getting past the Israeli checkpoints into Palestine is a humiliating experience. Reflections of an Egyptian writer.
-Essay- SAO PAULO — It’s the future here, writing with a warning to brace yourself. How I would love to tell you that in 35 years you’ll be able to go back in time, fix your mistakes and change history. Sadly, you won’t be able to do that. The United Nations Climate Change Conference in […]
To the chagrin of climate change deniers, the pontiff’s environmental encyclical says there are no reasonable doubts that global warming is caused by human activity.
A murder case in which a Chinese student poisoned and killed his roommate has brought out the worst in the Chinese public, which is practically marching with pitchforks for his execution. Attorneys, meanwhile, are urging that he be spared.
Politically speaking, Greece’s return to the drachma currency would be a defeat. But economically speaking, it doesn’t threaten European stability, and could offer the Greeks a chance at redemption.
Improving trade can boost Latin American economies to the tune of tens of billions of dollars. For that, states must cut the proliferating rules and red tape.
Fashion tides are always changing, and as the weather warms, comfort is in for both ladies and gentlemen.
There is so much beauty to be found in the preservation of decay.Â
Studies show that pesticides sprayed on crops are poisonous and that we are ingesting these toxins with our food. Perfect examples are the corn and soybeans Colombia imports from Argentina.
-Op-Ed- SAO PAULO — Two studies published in recent months show how inequality around the world is becoming even more obscene than before. One such study is the UBS report on the rich that focuses on capital. The figures involved are predictably shocking, but one element in particular caught our attention: The wealth owned by […]
-OpEd- BEIJING — After studying China’s lottery operations, the country’s National Audit Office recently identified “violations of discipline, misuse of funds, system deficiencies, poor management, and a lack of supervision in certain cities and provinces.” The disclosures around this murky institution are startling, but sadly, Chinese citizens are hardly surprised. The China Welfare Lottery Management […]
Those who believe that the FIFA scandal is an exceptional case among international organizations should think again. The poison is called “global governance.”
Some prominent thinkers believe that Asian values can better manage human affairs and our relationship with nature. And yet, sadly, selfishness is a universal condition.Â
The government’s failure to address crime, corruption and declining living standards risks true social upheaval. But Enrique Pena Nieto just sits on the ball.
While attention was focused on alleged corruption at FIFA, another kind of drama was playing out between the Israeli and Palestinian soccer delegations.
Turkey’s ruling Justice and Development Party (AKP) may not have enough seats to form a government if the main Kurdish party passes the 10% election threshold.
The toppling of two Christopher Columbus statues in Buenos Aires suggests the president’s sympathies with the continent’s indigenous movements. It’s another of the government’s “confused” reinterpre