By the time China overtakes the USA as the world’s largest economy it will have cemented its status as a major military power – one whose drive to assert itself strategically already is inspiring serious anxiety among its neighbors.
The agreement reached in Geneva in November between Iran and the P5+1 (the five permanent members of the United Nations Security Council, plus Germany) on Iran’s nuclear program proves a crucially important point: the sanctions regime worked.
At a time when health care costs in the United States threaten to bankrupt the federal government, U.S. hospitals would do well to take a leaf or two from the book of Indian doctors and hospitals.
The United States’ “pivot” to the Asia-Pacific region was required not only because of the security threats posed by the rise of China, but also as a consequence of America’s long and costly obsession with the Middle East.
Day-to-day habits go beyond personal taste; they are more related to instinct, that instinctive, traditional wine consumption is what we have lost on the way to a more recent wine culture.
The latest round of negotiations in Geneva between Iran and the P5+1 (the five permanent members of the United Nations Security Council plus Germany) has inspired cautious optimism.
For centuries, optimists and pessimists have argued over the state of the world. Pessimists see a world where more people means less food, where rising demand for resources means depletion and war.
The approach of the 40th anniversary of the Yom Kippur War has been marked in Israel largely by the recurrent debate about the failures of Israeli intelligence in detecting and thwarting Egypt’s surprise attack.
The innovation mindset isn’t just about product innovation. Some organizations have focused on product innovation for so long they don’t know how to innovate in any other areas.
If the debt vultures have their way, there will never be a fresh start for indebted countries - and no one will agree to restructuring.
James Rickards (Currency Wars: The Making of the Next Global Crisis): No Way Fed Will Stop Easing
Professor of International Business Administration at Wharton School, Guillén is is the Director of the Joseph H. Lauder Institute at the University of Pennsylvania.
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