Worldcrunch
BEIJING — What is holding back trade expansion with Southeast Asian countries? And why are they always turning to the U.S. whenever something happens? These two questions capture Chinese central concerns as voiced at the recent “China-ASEAN-East Asia: Cooperations and Challenges” forum, an event held by the think tank on China’s public policy Anbound Consulting. […]
Ten years had passed since the collapse of the Soviet Union, yet there was still something end-of-an-era-esque in the imposing GUM, the State Department Store near Moscow’s Red Square. The banner reads “Summer Discounts, Up To 50% Off.”
The sale of natural sponges from the Aegaen Sea has become highly regulated, meaning that sights like these must be pretty rare nowadays.
Last week’s anti-Chinese protests led to vandalism of Chinese and Taiwanese factories, causing casualties and property damage. But Vietnam could wind up the worst victim in the long run.
Taking a sizable stake in Deutsche Bank, Qatari investors are once again showing a strategy that is single-minded by definition.
JERUSALEM — Three hundred kilometers by high-speed rail between the cities of Eilat and Ashdod, connecting the Red Sea coast to the Mediterranean: They call it the “Red-Med” Project. Financed by Beijing and launched from Jerusalem, China has revealed its strategy for “West Asia” — the term that the China Shipping Container Lines company uses […]
SANA’A — Antar Al-Aldharij pins his opponent down on the mat without using a dagger or a rifle. Yemen“s national judo champion, who trains every afternoon in a gym just outside of the capital, Sana’a, just needs the strength of his arms and bare hands. Al-Aldharij and his teamates share the small room of just […]
Global Trade Alert has just published its 2013 report on international trade, and raised the alarm on “Protectionism’s Quiet Return.” In the cross-hairs of this free-trade advocacy group are the G20 countries, which have been taking more and more protectionist measures since the financial crisis broke out in 2008. From the anti-dumping EU measures on […]
PARIS – Boosting sales and maintaining the allure. Such is the challenge today for arguably the world’s most luxurious brand – Louis Vuitton. And that task falls to Jordi Constans, the former Danone food company executive, who is the new head of the largest subsidiary of the prestigious French LVMH (Louis Vuitton – Moët Hennessy) […]
MASISI – Every day at 6 a.m., a parking lot near a roundabout in this northeastern Congo city fills with minibuses, motorbikes and heavy cargo trucks. The atalakus (ticket sellers) shout out names of destinations: “Masisi! Nyabiondo!” Passengers board with their packages: manufactured goods, drinks, salted fish…Everyone is pushing each another, trying to get the […]
REUTERS, AFP, DIE WELT (Germany) Worldcrunch SINGAPORE — Held back by the financial crisis in Europe, world trade will grow by a meager 2.5 percent this year, the World Trade Organization (WTO) said on Friday. Reuters reports the WTO cut the 2012 estimate (originally set at 3.7 percent growth in April). “I see the risk […]