Business Archives

August 17, 2018

Resistance mounts against China’s President Xi Jinping

China’s leadership faces rising domestic opposition in light of a faltering trade war against the US, leading Chinese society to question some long-standing truths. Chinese President, Xi Jinping, is facing increasing domestic resistance and opposition from all corners of society in light of the ongoing… Keep Reading

July 22, 2018July 22, 2018

Texas Oil Boom Causes Headaches

In spite of increasing oil production, U.S. oil businesses are struggling due to lack of infrastructure and uncertain international conditions. 2018 was the year US domestic oil production was supposed to hit its true stride. It was thought a high domestic output would stabilize a… Keep Reading

July 20, 2018July 20, 2018

Iraq oil production threatened by growing unrest

Rising unemployment, lack of essential services and security concerns have caused civil unrest in Iraq’s southern areas. A growing number of protestors, amid a violent government response is now threatening local stability and oil production. On July 15th, a gathering of a few dozen protestors… Keep Reading

July 3, 2018July 3, 2018

China’s football fever and FIFA – a World Cup match made in heaven

FIFA’s public relations disasters have left the organization in difficult financial straights. Smelling blood in the water, China is moving to assert influence in the world’s most influential sport. “Leave me alone, we lost the game, we lost.” Those were the words uttered by an… Keep Reading

June 26, 2018July 7, 2018

Opinion | Turkey trades Democracy over promises of greatness

Has Erdogan’s re-election sealed the fate of Turkey’s fragile democracy? On June 24th, Turkey held two simultaneous elections, the parliamentary and general elections. The latter saw the controversial, albeit predictable re-election of the country’s incumbent president of 15-years, Recep Tayyip Erdogan. President Erdogan has now… Keep Reading

June 24, 2018

European Union – U.S. trade dispute escalates as E.U. issues retaliatory tariffs on a number of iconic American goods

President Trump’s new tariffs on steel and aluminum sparked a response from the EU, issuing retaliatory tariffs on a number of iconic American goods. This Friday the European Union began imposing punitive tariffs valued at 2.8 billion EUR against imports from the United States, in response… Keep Reading

Image Ethiopia's first Oromo Prime Minister looks to usher in new era of peace and prosperity [Lima Charlie News][Photo: Reuters]

June 22, 2018June 23, 2018

Ethiopia’s Oromo Prime Minister looks to usher in new era of peace and prosperity

Ethiopia’s new Prime Minister, an ethnic Oromo, has brought reforms and a peace plan to his country and its old foe Eritrea. But will he be able to keep the peace among Ethiopia’s own troubled ethnic groups? The prospect of peace with neighboring Eritrea may… Keep Reading

June 19, 2018June 19, 2018

U.S. immigration crisis could worsen if Nicaragua fails to hold it together

Daniel Ortega’s balancing act has kept Nicaragua from suffering the fates of Honduras, Guatemala and El Salvador, where thousands have fled to the U.S. due to poverty, skyrocketing crime and gang-related violence. But after months of protests and a brutal government crackdown, Ortega’s days may… Keep Reading

June 14, 2018

Predatory mortgages target veterans – a symptom of a returning housing bubble?

Exploitative behavior targeting veterans is a symptom of a housing market increasingly weighed down with risky loans. Effective July 1st, Freedom Mortgage, one of the largest U.S. home lenders, will be unable to make loans insured by the Department of Veterans Affairs. This restriction is… Keep Reading

June 13, 2018June 13, 2018

Trump tariffs miss the mark on why some U.S. industries are failing

The Trump administration’s heavy tariffs on iron and steel will have very little impact on China, while punishing the industries of longtime U.S. allies. The problems of a failing U.S. steel industry will not be solved by tariffs alone. In March, the Trump administration announced… Keep Reading

June 8, 2018June 9, 2018

As Colombia’s economy moves forward, its history may slide backwards

Colombia’s political swing to the far right may be helping drive investment to its emerging markets, but at the risk of continuing the violence which has marred the country’s history. In the past two years coca production in Colombia has increased by 50%, and in… Keep Reading

June 5, 2018July 7, 2018

Jordan’s austerity unrest: thousands of protesters push out Prime Minister

In the largest series of protests since the Arab Spring, thousands of Jordanians took to the streets to protest IMF backed austerity measures leading to the resignation of Jordan’s Prime Minister. A staunch ally of the United States, Jordan has suffered for years under rising… Keep Reading

June 4, 2018July 7, 2018

Erdogan struggles amid Turkey’s currency and debt crisis

Turkey’s central bank is ending a prolonged period of high inflation rates and citizens have tried to offload Turkey’s lira for foreign currencies. With presidential elections this month, Turkey will have an opportunity to render a verdict on President Erdogan’s stewardship. The financial crisis in… Keep Reading

June 1, 2018June 2, 2018

Ignoring Puerto Rico is not the American way

Puerto Rico was already in crisis before Hurricane Maria hit the island, and increasing casualties have added urgency to the need for reform. Both Republicans and Democrats have plans to help the island, yet neither party is taking direct aim at the high cost of… Keep Reading

June 1, 2018July 7, 2018

Russian aluminium giant Rusal’s woes continue, but with a short reprieve

In spite of the ongoing shuffling of its senior staff and ownership, Rusal, the world’s leading aluminum producer and the cash cow of one of Russia’s leading oligarchs, has not been able to dodge US sanctions. In early April, the United States Treasury Department announced… Keep Reading

May 30, 2018May 31, 2018

Marketing to Islam – Does the holy month of Ramadan affect economic growth?

Islam-related commerce is on a sharp rise throughout the world, at a growth rate twice that of the baseline global economy. Does observing the holiest month of Islam, Ramadan, a sacred duty that any true believer must adhere to, adversely impact the productivity of the… Keep Reading

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