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For some oblivious people living in first world countries, deep-seated political corruption is an antiquated concept reserved for the Feudal times, back when we didn’t live by a strict moral code. For us in the real world however, fraud is something we must prepare for and encounter on a daily basis. In an
Effort is a fundamental ingredient in any successful venture but misplaced effort can often be a costly error for upper management. Business owners habitually make the mistake of focusing on the small daily problems a company faces when they should be concentrating on avenues that grow their business. Time is money and as
An interesting gaffe occurred recently as Bloomberg jumped the gun and began listing the Greek Drachma available for trading. Greece has been heavily speculated to abandon the Euro but a revival of the Drachma is far from fruition. RT further explains the embarrassing “internal function”: “Traders around the world have been staring at
Last time I checked, I’m an adult who can make my own decisions about how to eat and live my life. Michael Bloomberg however believes that he knows more than New Yorkers do about how much soda they should drink. Even though the law has obvious loopholes, it is just another example of
As an technology user and steward of your own personal privacy, it is important to be aware of which services will be quick to release your information to third-parties as well as the government. An informative whitepaper by The Electronic Frontier Foundation was recently released and rates popular websites based on their privacy
Despite its rapid westernization, China still maintains strict in its policy on censoring controversial speech. Censorship has been a common practice in China and the government isn’t exactly discreet about it. Google is now warning Hong Kong users if their search has been flagged for containing “sensitive words”. USA Today reports: “Google’s announcement
As a result of the financial uncertainty in Europe, The S.E.C. has asked U.S. banks for voluntary investment transparency but few have been cooperative. Banks are either choosing not to disclose detailed balance sheets because they really don’t know what’s on them or because they don’t want to alert investors to the amount
Supply and demand are the fundamental variables that indicate which markets and industries are prime for growth. As markets shift, countries are always looking for new niche markets to dominate with their exports. Bangladesh, which has typically been known for ship demolition, is now changing its primary industry to ship building. According to the
The corn industry is the largest agricultural complex in America. These aren’t your humble farmers though. Corn refiners and seed manufacturers (i.e. Monsanto) have amassed considerable political sway. They’ve then used this power to obtain giant subsidies and pro-corn legislation to ensure that corn remains one of the most used raw materials in
South American economic growth has created a new wave of students looking to study abroad. There appears to be a correlation between South American countries with high rates of study abroad participation and that country’s friendliness towards business. The top 5 South American countries exporting students according to University World News are: “Brazil
According to a recent study by the Bespoke Investment Group, there is an inverse relationship between the number of Drudge Report headlines relating to finance and the direction of the S&P 500. This concludes that either Matt Drudge steers the US economy or that the Drudge Report, like most media, only focuses on
Religion is often a delicate subject and peoples’ faith can be easily offended. One issue of constant controversy is the illustration of the Prophet Mohammed. Pakistan recently blocked Twitter for 8 hours in response to them refusing to remove content linking to a Mohammed illustration contest. Facebook appeased the request to remove the
There has been much talk of class-warfare and 99% propaganda over the past year in the US. People have declared that the wealthy don’t pay their “fair share” and that the lower and middle classes have taken the brunt of the recession. However, recent statics contradict that sentiment and show that the wealthy
The 21st century has brought about a technological revolution that has also changed the strategy in how wars are fought. Not only is the US using Predator Drones kill people remotely, but they’ve also been using hackers to fight Iran in cyberspace. Their most recent virus, “Flame” was discovered in Iranian computers and
Despite the skyrocketing cost of US education and the mounting debt that American students are accruing, Chinese youth are still looking across the Pacific for education opportunities. In spite of the outcry of degrading quality of education, US institutions are maintaining their international prestige. William Bennett of CNN reports: “I just returned from
