Month: July 2012

SEARCH

Top reason why bankers love Dubai

Places like Hong Kong and Singapore have been hot locations for expats looking to relocate in exotic locations. While South East Asia is booming, there still remains lucrative opportunities in the Middle East for many bankers and Wall Street execs. Despite the regions volatility, the United Arab Emirates remains one of the Middle East’s

Read More

Motivational Monday: Wealth isn’t how much stuff you have

When most people think of what it means to be wealthy, they envision grandiose mansions, world renowned sports cars and diamond covered Rolexes. However for many wealthy individuals, money has allowed them to live a life of freedom, unchained by their physical belongings. The Daily Mail reports on a Franco-German billionaire who’s living the international lifestyle without

Read More

The coming American diaspora

July 16, 2012 Hong Kong A few days ago in Indonesia’s Lampung province, I was following a sprightly Chinese woman, well into her 70s, as she showed me around her thriving home appliances and furniture shop. It was an amazing thing to see. The three-story shop-house was both the family home, and business premises. Yet  every

Read More

Equador makes push to invest in human capital

South and Central American countries are waking up and realizing that if they want to have thriving, sustainable economies, they must create incentives for investment and human capital to come to their country. Chile has funded their own “Start-up” initiative and now even Equador is paying students and professionals to come set up shop in

Read More

Robots are reading your Facebook chat

From email to instant message, most communications nowadays take place in the digital world. While digital communication can be very convenient, it also can be very insecure. As more governments and corporations are tracking your usage, it’s important to be aware of exactly who has access to your conversations. Mashable reports on how Facebook is

Read More

No business is safe from California’s desperation

California’s massive social programs have put the state in severe debt and it’s economy is suffering for it. To try to increase revenues, California has been driving up taxes, business fees and even the aggressiveness of their tax collectors. California’s desperation is apparent as the Board of Equalization (BOE) is more abrasive than ever in

Read More

Greece’s collapse creates a start-up revolution

Everyone is well aware of the current financial crisis occurring in Greece and despite the recent election and the bailout measures, there is very little optimism towards Greece’s economic future. While the social structure is crumbling however, the desperation has created new opportunities for the educated youth looking for work. CNN reports on the new digital revolution that’s being

Read More

China exerts more control over rare-earth metals market

China’s manufacturing industry has forced them to become an extremely resource dependent nation. Knowing this however, the Chinese have been strategically purchasing large amounts of both precious and rare-earth metals.With direct access to Mongolia’s deep rare-earth deposits, China has bee able to control the industry and ultimately set prices. NASDAQ reports on China’s new strategy

Read More

Become a spectator instead of a victim

July 13, 2012 Warsaw, Poland One of the things that sets Warsaw apart from every other European capital is the noticeable lack of an old city center. Athens, Paris, London, Rome, Prague, Kiev– these cities are thousands of years old, and it shows. One of Europe’s delights, in fact, is the continent’s well-preserved architecture. Yet despite

Read More

Despite new technology electricity costs have not gone down

Energy is what keeps us, our technology and our economies moving. Scientists and engineers are constantly looking for new, more efficient ways to create and sustain energy. Despite the recent advances in natural gas cultivation and the small strides that have been made in renewables, electricity costs are still on the rise. Business

Read More

UN sanctions force Iran to trade in gold

In an attempt to force Iran away from pursuing nuclear research, the UN has emplaced extremely harsh economic sanctions preventing almost every country from trading with Iran. In addition to the financial hurdles it’s caused Iran and others who want their oil, it’s also created a complete shift in Irani monetary policy due

Read More

Did your Yahoo password get LEAKED?

When social media giant LinkedIn had their customers’ passwords compromised several weeks ago, many people woke up and realized the severity of cyber threats. The latest major breach of cyber security happened recently at Yahoo where hundreds of thousands of passwords were leaked on the internet. Information Week reports on the cyber attack and

Read More

The European culture capital that you’ve never heard of

When you think of European cultural capitals, the places that typically come to mind are: Paris, Vienna, Amsterdam, Berlin or several others. However, a little known city in Ukraine called Lviv, is also a hotbed of cultural diversity and economic trade. CNN reports on why Lviv is one of the most underrated cities in Europe and

Read More

China is doing everything possible to prevent THIS

After the housing bubble popped in 2007, many people realized the dangers of easy credit combined with speculation. However, while US politicians are currently doing everything they can to artificially inflate the housing market, Chinese officials are implementing every possible measure to deflate their growing real estate bubble. The Asia Times reports on the why China fears

Read More

German tax authorities raiding homes of ‘suspected’ evaders

July 12, 2012 Brussels, Belgium Late last night I arrived to Brussels. As the capital of the European Union, Brussels is Europe’s political mother ship, the home base of the continent’s good idea factory. You may recall, for example, the proposed EU regulations from 2010 which required all foods to be labeled by weight instead of

Read More