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There has been much buzz surrounding the recent economic reforms underway in Myanmar, however the amount of hype surrounding this up and coming nation is overblown. Not to say Myanmar doesn’t have great potential, but the country is currently experiencing a real estate bubble of epic proportions. The Global Post discusses the causes behind
After the massive earthquake rocked Japan and lead to the Fukushima nuclear disaster over a year ago, many environmentalists have pushed heavily against nuclear power initiatives. Around the world and recently at a site in Virginia, activists have been protesting against the mining of uranium citing “health risks” that the process involves. In an recent article, Reason analyses
Cyber security threats pose a greater danger today than they ever have as more systems are interconnected via the Internet. With governments employing cyber-weapons like Flame and Stuxnet along with rogue hacker groups like Anonymous, cyber-attacks are becoming all the more common. An attack to over 60 banks recently discover by McAfee, has
Historically, China has been the subject of serious animosity from their neighbor Mongolia and now that China has become an international power, the animosity has intensified. As China’s domestic metal reserves shrink, they have been looking to import resources from countries like Chile, Brazil and especially Mongolia. However, Mongolia’s fears of being economically dominated by
The goal of investing in a 401k is to make money for your retirement, however, in a volatile market, losses taken can drastically impact your nest egg. In addition to the risk of investments, if you’re using mutual funds in your 401k you could be paying exorbitant fees even when you lose money. CNN explains danger of hidden
Economic sanctions have been used to mandate international policies for centuries. Like most times governments mettle in the economy, economic sanctions can cause unintended and destructive consequences to occur. On Sunday, EU mandated sanctions are scheduled to go into affect against Iran however the economic ripples are already being felt across the oil industry. Rueters
One of the central themes behind the Occupy Wall Street protests was the widening income disparity between the classes and the 99% versus the 1% mantra. Despite this class warfare, a recent study indicates that our conventional method for tracking income inequality could be all wrong. This new research focuses on consumption levels
Since the Food Stamp Act of 1964, Americans have been receiving government aid to pay for their groceries. However, the percentage of the population on food stamps has dramatically increased from when the program was first launched. Today there are almost 48 million people receiving food stamps and in a new ad by the
Family dynasties have continuously thrived throughout history: The Habsburgs, The Romanovs, The Rothschilds. Many people believe that these families maintain their wealth simply because they have masses of it, however a recent study indicates that there is a much stronger factor which drives financial success from one generation to the next. United Press International reveals the results of the
Over the past few years Chile has made continuous strides to position themselves as a business friendly country. Investment in Chile has historically been directed to their rich copper mines and in a move to spur their metal exports, Chile has made a paramount deal with China to drastically increase their trade. News of
Women have always faced adversity in the business world especially in non-western countries. As China’s presence as an international trading power has grown, so have the business opportunities for women. Most recently, female executives have been following a trend of moving production and other operations farther south into India. The New York Daily
In spite of these harsh economic times, there is still much money to be made in independent start-ups and VCs. Recent buyouts have indicated that investors are willing to spend big on the next potential Twitter or Facebook. George Zachary, initial investor in the internet start-up company Yammer, reveals in an interview with Fortune his reactions to
The United States has a long history of assassinating “threats” to their sovereignty but when does it go too far? Even thought President Obama will never be tried for international war crimes, members of the UN are now suggesting that the President’s drone bombing campaigns could be a violation of human rights. Personal Liberty explains
China’s economy has been steadily booming over several decades but recently they’ve experienced a decline in growth. In a knee-jerk reaction to this trend, Chinese officials are now seeking to implement a massive government stimulus plan to encourage Taiwanese investment on China’s mainland. The Asian Times reports on the implications and motivations behind
Your personal privacy is always a top concern, however, with the digital age comes new threats to your personal information as is it more accessible than ever. The largest aggregator of peoples personal information isn’t Google, but actually an unknown company called the Acxiom Corporation. The Week reveals what this company does and the threat it poses to your
