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Economy

The Era Of Sustainable Consumption Is Over — Why That May Be Good News For The Planet

Clothing, air travel, food: we are once again consuming as if the climate crisis didn’t exist. But it may provide much needed clarity about how to actually protect the environment.

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Economy Geopolitics

Why Trade With China Weakens Mercosur — And How South Americans Only Make It Worse

Asia and above all China, have shown how the size of a market can drive state relations, and nowhere is this truer than in the Mercosur bloc’s increasing dependence on Asian exports. But regional integration in South America is stalling, as Argentina and Brazil are in another nasty spat.

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Economy Russia-Ukraine War

How Hard Do Western Sanctions Hit Russia? Economists Have Some Real Answers

Countries around the world have imposed round after round of sanctions on Russia since the beginning of its full-scale invasion of Ukraine. But are they enough?

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Russia-Ukraine War Society

What Russians Fear The Most (And It’s Not Escalation In Ukraine)

An annual report has revealed Russians’ anxieties. This year, contracting COVID has been replaced by food shortages, inflation, and internet blackouts.

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Economy Geopolitics

Ukraine War, North African Food Shortages And Whiff Of A New Arab Spring

Rising tensions in wheat productions, explosion of oil prices, fear of the unknown, could the Ukraine war lead to a popular Arab uprising similar to the one in 2011?

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Food / Travel Society

Past And Present Mingle In The Vibrant Markets Of Delhi

NEW DELHI — While growing up we were subjected, like most school-going children in this country, to rather boring texts in class. The texts were taught by teachers who were even less interested in the excruciatingly painful narratives than we were. The results of such exchanges were obvious: we remember little of what we were taught. Amid all our vagrant behavior, when we were trying our level best to – in the words of Mark Twain – not allow school to interfere with our education, there were things that were somehow imbibed and some of them have remained embedded in […]

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Economy Society

Adjö​ Big Blue Box Stores, A Slick New Look For IKEA

NICE — You can spot an IKEA store from a mile away: The classic blue-and-yellow box design of every outlet of the Swedish home goods giant is as much a part of its identity as the quirky names of its chairs and the meatballs at the snack bar. Get ready, though, because IKEA’s look is […]

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Economy Ideas

Latin America Gets Raw Deal In Economic Relationship With China

China’s investments and loans in Latin America ensure the flow of raw matericals to China and products back to the American continent. The lender has the long view in this formula.

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Society

Even Made-In-China Toilet Seats Are The Butt Of Jokes

Chinese consumers still don’t trust goods made in their own country. The latest buy-abroad craze? Japanese toilet seats. Why the country must pull up its pants and stand proud.

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Geopolitics Ideas

Contradictions Of Caracas: Supermarket Shortages, Busy Restaurants

If urban traffic jams and bustling restaurants are symptom of prosperity, long lines outside shops indicate a distorted, depressed economy. This is the current face of Venezuela’s capital.

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Economy Society

In Burma, Time To Cash In On Political Reforms

YANGON — Burma is ready to boom. The Asia Development Bank estimates that per capita income in the southeast Asian country could increase sixfold by 2030. And another report predicts that the Burmese are poised for a level of economic growth far ahead of the global pace. The evidence of this newfound prosperity in Burma, officially known as Myanmar, is on full display at this Yangon shopping mall, where it’s easy to find products from Thailand or Hong Kong. Just two years ago, none of this would have been possible because foreign products were banned under the military junta. University […]

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Economy Geopolitics

Renewed Global Boycotts Put Israel On Defensive

TEL AVIV — A summer of fighting in Gaza has reignited a wave of global protests against Israel. Companies operating in Israel — such as maritime cargo giant Zim and major food producers — are finding themselves under attack. But they are fighting back. “The move to a sweeping boycott of anything Israeli, the violence […]

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Economy Society

Is Luxury Losing China?

As China expands its anti-bribery crackdown, targeting ritzy gifts to officials, luxury brands are seeing drops in Chinese sales. The hope now is in the rising middle class moving up.

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Economy Geopolitics

Not-So-Friendly Neighbors: Russia’s Two-Front Trade War

Things are getting nasty between Russia and bordering countries Belarus and Ukraine. And then there’s the Syrian factor.

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Economy

Why Shoppers From Paraguay Are Flooding Across The Border Into Argentina

ASUNCIÓN – Latin Americans are not the type to pass on a bargain, especially if it’s being offered by a neighbor. This is why Paraguay has been mercilessly milking all it can from the depreciation of the Argentine peso. This can be seen in the exchange rate between the two currencies – but also in […]

Categories
Society

China’s Love Affair With European Luxury

Until now, showing off was more of a male thing: for many representatives of the so-called stronger sex, flashing status symbols like fast cars and conspicuously expensive watches is, it seems, important. But women are catching up. “As a result of their increasing economic independence, more and more women are encroaching on what has traditionally […]

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