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India’s woes over the weakening Rupee have made them desperate to try and spur growth. Like most countries that hit an economic slump, Indian officials are now proposing more public investment in infrastructure. This solution however historically fails to improve economies that are already struggling. BBC further reports: “India plans to build new
Colonization hasn’t occurred in Africa since the Europeans ravaged the continent in the late 19th century. Recently, China’s new wealth has them also looking to Africa for investment in their rich natural resources. So far, China has been investing in infrastructure in the new country of South Sudan, which is filled with untapped
June 8, 2012 en route to San Francisco When you hear two politicians in the US going toe to toe arguing about public finances (i.e. money that isn’t theirs), they’ll often cite numbers published by the Congressional Budget Office (CBO). In political circles, the CBO is considered an honest broker… an objective referee that simply
When Wikileaks was launched in October of 2006, the world was stunned with the amount of highly secured information on government activity that was suddenly available to the general public. Since then, there has been serious litigation over the leaks with much publicity surrounding Julian Assange. Recently, a rogue hacking group announced their
In a feeble attempt to quite dissenters, the Kremlin unanimously passed legislation that would increase the punishments for protestors who “violate public order”. The move was pushed by Russian leader Vladimir Putin who has been the subject of public outcry since he returned to power. Unfortunately the legislation is expected to have unintended
Despite unions’ premise as a democratic body that only has its members’ best interests in mind, they have often been corrupted and hijacked to only benefit the union bosses. Wisconsin governor Scott Walker set a historic precedent recently in breaking up his state’s public-sector unions that were leading to state into bankruptcy. Forbes
Shortly after the announcement that they would be warning Chinese users if they are about to search for flagged terms, Google will now also be alerting Gmail users if there account had been subject to “malicious activity” by third-parties, primarily Governments. This move is a large leap forward in Google’s transparency and shows
Despite the harsh economic conditions, there is still money to be made in technology start-ups. Only a select few however have that opportunity because of their access to big time VCs and can invest in the early stages of the start-up. The Facebook I.P.O. bust demonstrated that unless you’re highly connected with big
As Europe is in financial chaos and the U.S. is following close behind, investors are looking for more stable markets during volatile economic times. One of the fastest growing markets recently has been Australia as a result of their strong mining industry and increased infrastructure investment. The Financial Times reports: “Australia’s resource-rich economy
As Obama pushes for gender pay equality in the United States, women in China are already on a level playing field with their male counterparts. Surprisingly after years of being second-class citizens, women in China have broken through the glass ceiling and have the same access to opportunities as men. CNN explains: “Women
June 7, 2012 New York City One of the great absurdities of our modern financial system is that a nation living within its means, i.e. spending less than what it confiscates in tax revenue, is no longer the norm. Living within your means is now considered ‘austerity’. And unfair. Whether in the UK, Europe, or
The big news out of New York City these days is Mayor Mike Bloomberg’s proposed ban on the sale of soda drinks over 16-ounces (about 1/2 liter) at restaurants, movie theaters, sports stadia, street carts, fast food chains, etc. Bloomberg stressed that we have a responsibility to combat obesity, diabetes, and heart disease, and that the government
The Houla massacre in Syria has drawn international attention and humanitarian groups are now calling for western intervention to end the bloody civil war. However, rebels have strong support from “al-Qaida and radical Islamists “ which presents a clear conflict of interests for the U.S. Here’s an interview with Florida Congressman Allen West
Government’s role in healthcare has been a long-standing debate. When it comes to healthcare, emotion habitually interferes with logic and often the least intuitive solutions are the most effective. Many taxpayers believe that government intervention leads to lower costs and better coordination however this is almost never the case. Here is a prime
The U.S job market is in chaos and as a result, college grads are becoming victims of their societal circumstances. Desperation has allowed employers however to acquire highly educated workers for bottom barrel prices. A recent article by CBS cites a Boston law firm that is flooded with applications for a position paying
