Migration was a hot-button topic in last week’s EU elections. But deeper demographic issues are shaping the region’s future and economic wellbeing.
Tag: economics
Long before Uber’s multi-billion-dollar IPO, the ride-hailing app has been shaking the economic and legal foundations of the dozens of countries around the world where it’s landed. Not only has it disrupted the transportation sector, but the San Francisco-based digital taxi service has introduced a whole new way for companies to deliver their services and […]
As evidenced by this year’s elections in Mexico and Brazil, people across the region are increasingly disenchanted with traditional parties and the democratic status quo.
Trump’s trade war with China could be a golden opportunity for India. But first, it’ll need to revisit its trade policies and regulatory framework.
Spain, an industralized EU member with close ties to Latin America, could profit from easing the entry of Chinese firms keen to invest in and export to the Americas
These informal banks in Kenya help women acquire financial stability, to help them take control of their income.
The Brazilian president-elect’s plans for his first foreign trips offer just one clue to neighbors about how regional alliances are set to be turned on their heads.
The state of the health of Italy’s economy is of serious global concern. Who do you believe?
WASHINGTON — President Donald Trump often seems as though he’s stuck in the “80s. But maybe the better comparison is to the 1680s, not the Reagan era. Consider his announcement Thursday of new tariffs on steel and aluminum imported from the European Union, Canada and Mexico. These countries not only supply about half of our imports of these metals; they are also among our closest allies. Astonishingly, the White House claims that alienating these important military allies is necessary “to protect America’s national security.” These trade policies, and the supposed rationale behind them, bear an uncanny resemblance to classical mercantilism. […]
The economic and political tragedy unfolding in Venezuela should be a call to action for the rest of the region’s countries, especially with the early presidential election (April 22) looming.
Droves of customers stampeding through large department stores on Black Friday was once a uniquely American phenomena. But the traditional day-after Thanksgiving shopping sale event has recently gained traction in other countries that have no connection to the American holiday. The insatiable consumerism that fuels American capitalism, it seems, is a more viable export than […]
Mugabe and Maduro share much in common, starting with the rare ability to gut the resources of a promising national economy and disregard the will of the people. But there is an important difference that may explain who survives another day.
To some, it is simply a delicious chocolate hazelnut spread; to others, it is a key factor for understanding the difficulties of the European common currency.
German elections will see the results of a seismic change within the German political landscape, as Merkel’s moderate policies have opened space on the right for extremists.
The answer from Chinese professionals may surprise you…
It’s the big idea of the moment among certain economists and activists in the West: Universal basic income (UBI), a policy of allocating a fixed amount of money to every citizen, is seen by some as a way to confront rising unemployment — particularly in the face of automation — in developed countries. But while […]
NEW YORK — If you’re a middle-class American baby boomer or Gen Xer, you might have spent much of the past decade wondering what went wrong. If you’re a boomer, there’s a good chance you’re still working well after you thought you’d retire. And if you’re part of Generation X, you’re probably less wealthy than your parents were at the same age. Meanwhile, all across the U.S., pension funds are underfunded and will almost certainly have to default on some of their obligations to retirees. It wasn’t supposed to turn out this way. Back in the 1980s and 1990s, middle-class […]
PARIS — Even as the global economy struggles to recover, investment in space activities is flying high. The overall public expenditure in the sector — approximately $70 billion today — has been steadily increasing, projected to reach $80 billion in the next few years. And the commitment is not just growing deeper, but also wider: […]
Venezuela’s socialist President Nicolás Maduro has brought his country to the lowest socio-economic levels in its history. His clinging to power is a dangerous thing.
-Analysis- As China opened its markets and rose to become the world’s second-largest economy, foreign media focus has shifted from tales of political repression and exotic outposts to largely a business story. Corporate chiefs and bankers unpack the meaning of hard, cold economic figures, and the latest data revealing Chinese “expansionary territory,” with the odd […]
-OpEd- KALAMAZOO — People from China who travel abroad are struck by the stark differences between their countries. In the U.S. and Europe, they probably envy how people live in comfort and are rich enough to engage in arts and public service. These countries in general have more honest and transparent governments, as well as […]
-OpEd- MEXICO CITY — “Little civil wars’ are proliferating in Mexico. Yet the simmering cauldron fomenting these conflicts could also prove transformative. It would depend on how the dynamics are managed and, more importantly, if anyone will be able and willing to take charge of this process of change. These low-grade conflicts are being fought […]
-OpEd- MEXICO CITY — Mexico’s President Enrique Peña Nieto recently told a gathering of CEOs at the Asia-Pacific Economic Cooperation (APEC) summit that his country sees no need to renegotiate the North American Free Trade Agreement (NAFTA) with the United States. Instead, it merely should be “modernized” or updated. That, he stated, would mean adding […]
He was the candidate she feared the most. Not only could he unify his own party, but he could siphon crucial votes from her conservative Catholic base. And now that François Fillon won yesterday’s “right and center” primary ahead of next year’s presidential election, the far-right French leader Marine Le Pen must shift her strategy. […]
Japan’s Nomura company thinks technology prices tell us more about currency comparisons than fast food.
From the Middle East to Europe and the United States to Asia, from geopolitics to economics, the world has fallen into widespread chaos. But there is cause for hope.
-OpEd- PARIS — As Europe barely recovers from an unprecedented crisis, the African continent is experiencing a vigorous period of growth. This long-awaited shift is slowly but steadily making investors more confident, even if they remain aware of the risks. According to a recent study conducted by Havas Horizon, investors are showing broad optimism concerning […]
-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 […]
This week we shine the spotlight on Indonesia: FLYING “ARMY AIR” An investigation into a military plane crash that killed 141 people near Medan on June 30 is ongoing, with new details sparking controversy. The C-130 Hercules that took off from Seowondo Air Force base in Sumatra was carrying several civilian passengers who may have […]
Tensions are playing out in the South China Sea, and stakes couldn’t be higher.
A final survey by Calcalist focused not on the candidates, but on the issues. It doesn’t sound good for incumbent Benjamin Netanyahu.
Anti-austerity party Podemos is not the only group upsetting politics in Spain and trying to capitalize on popular discontent. Another party gaining favor among voters is the significantly less radical Ciudadanos (“Citizens”). Formed in Catalonia, the party promotes national unity and has been attracting voters from both the left and right who are fed up […]
The economic slump has slowed the globalization process, but it’s not just cyclical. As alliances crack and problems spread, the interconnected world system may have just maxed out.
The neoliberal global system shows remarkable staying power. A German critic of the system explains how the so-called ‘sharing economy’ is the ultimate trick and triumph of capitalism.
A London School of Economics professor has developed complex mathematical formulas that he says can predict what can happen on the pitch. Why is Spain so good? What’s your bet?
On March 18, hundreds of Taiwanese university students stormed and occupied the Legislative Yuan, the island nation’s parliament. Five days later, they joined other civic groups and invaded the Executive Yuan, before being evicted forcibly by the police. In technical terms, the demonstrators were protesting the unilateral decision of Taiwan’s ruling party to pass the […]
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Naples, The Beauty And The Horror
Luigi De Magistris, a left-leaning former prosecutor, was the latest would-be savior for the troubled Italian city. But look around, things in Naples are worse than ever.
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 […]
PARIS — Are Nobel Prizes a wicked luxury? This year, like every year for more than a century, Scandinavian juries will honor researchers in physics, chemistry and medicine, an author, and a man or a woman who contributed to peace. The season will end with the presentation of the latest prize, created a little more […]
Cost-conscious chefs in Buenos Aires veer away from top sirloin to lesser cuts — and pork and poultry too.