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When people think ‘Made in Taiwan’ they typically envision Taiwan’s electronics industry and manufactured exports. This however is rapidly changing as Taiwan’s rice exports have been making a significant resurgence in both the Japanese and mainland Chinese markets. The Asia Times reports on this economic shift in commodities and the causes behind it: The door to both the
The use of drones for both surveillance and assassination has been an extremely controversial issue with people evenly on both sides. The Obama presidency has been marred with the prolific use of drones both foreign and domestically, however it appears now that the German defense minister wants to follow in is footsteps. Reuters reports on the German support
In 2000 the NASDAQ crashed as a result of a massive bubble caused by speculation in pioneer internet companies, most notably Pets.com. Many people lost their jobs and investments because of the gross over-speculation. Unfortunately we are currently experiencing a similar bubble in the valuation of I.P.O.’s. The New York Times reports on this phenomenon and what it
John Adams once famously wrote “If men were angels, no government would be necessary.” In this vein it is logical to conclude that since no man is an angel, it is extremely important to prevent mass power being given to sole individuals. This is especially true in banking. The recent scandal of Barclay’s manipulation of the
Investment bankers, Wall Street traders and international entrepreneurs alike view Hong Kong as an oasis of free markets and laissez faire government. This may be true to some extent if you’re setting up business that targets markets outside of Hong Kong, but if you’re looking a capitalize on domestic demand, sucess is almost impossible
When President Obama first proposed his job stimulus bill, he predicted that by this time unemployment would be below 6% and the economy would make a significant recovery. That recovery is still a fantasy as for another month unemployment rose despite large numbers of people leaving the workforce all together. CNS News reports on
Everyone world wide is aware that we are currently experiencing a global depression. Europe is in shambles because of multiple sovereign debt crises and the US debt is increasing at record rates. Many people view this trend as a severe negative but the current situation has also allowed for many positives and hidden opportunities.
Investors are always looking for the next region to emerge as an economic contender in order to get in at basement prices. Many analysts believe that the improving condition in Myanmar make it rich with opportunity for development. The United States however still holds restrictions and bans over the country and it appears
In the late 90’s, investors were riding high on a .com bubble that no one thought would ever pop. Hindsight is 20-20 however and we now realize the folly of our speculation. We are now witnessing another similar bubble as startups have been able to receive record amounts of money in an environment
Under the democrat Obama administration, the use of drones both abroad and domestically has skyrocketed. The FAA has already approved thousands of requests for drone licenses and soon there will be no more privacy in the US. However in the wake of this shift, even democrats have had growing concerns over the abuse
Private corporations and governments alike have been making repeated requests for communication records and user data from big media entities like Twitter, Facebook and especially Google. Each company has had different policies for compliance and as requests for information increase in frequency, these policies have either become more or less permissive. All Things Digital reports
Tyrannical regimes have been nothing new in our global history but for some countries, government suppression is more of a motif than others. When Cold War ended in 1989, many people saw it as an opportunity to westernize Russia and bring civil rights reforms to a historically oppressive society. Unfortunately, under Vladimir Putin’s return
Police brutality and their persistent violation of citizens’ constitutional rights are not a new issue. However as technology advances, Big Brother now has more resources than ever to spy on us and invade our privacy. Many misconduct cases against police go no where because citizens rarely have the evidence for a conviction and
The Olympics is a time honored event that celebrates diversity, nationalism and international competition. However, when it comes to the US tax code, Olympians are well aware of how uncompetitive it is internationally. The United States will be one of the only countries to tax their champions on their Olympic winnings and even
Many Latin American countries are on the brink of economic prevalence as many have been pushing for financial reforms. With Brazil, Chile, Argentina and Panama all making economic strides, investors are always wondering which Latin American country has the potential to be the next major global player. CNN reports on Nicaragua’s growing tourism industry along with their
