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In his excellent recent works on the themes [of the] nature of globalization and expanding world trade – “The World is Flat,” and the earlier “The Lexus and the Olive Tree” – The New York Times Foreign Affairs columnist and book author Thomas Friedman brilliantly describes and elegantly frames the boundaries and frontiers of the new era that corporations and capital market players have entered, beginning in 1989. 

Click here to continue reading the full introduction

News & Updates

November 30, 2015 Dollar rises versus euro, oil drops before ECB, OPEC meetings

Source: Reuters

The dollar hit its strongest since mid-March against its peers at the start of a week likely to highlight the divergent outlooks for U.S. and euro zone interest rates, while oil fell with OPEC ministers expected to keep the pumps...

November 17, 2015 Dollar jumps to highest since April

Source: Reuters

The dollar surged against the euro for a second day on Tuesday and some dealers said a push above $1.06 per euro might open the way for a swift move to highs hit in the first half of 2015.

November 12, 2015 China warns WTO its cheap exports will soon be harder to resist

Source: Reuters

China has served notice to World Trade Organization members including the European Union and United States that complaints about its cheap exports will need to meet a higher standard from December 2016, a Beijing envoy said at a...

Research & Insights

July 30, 2015 Four charts that show why the euro isn't working for Germany or Greece

Source: The Telegraph

The IMF has released its latest healthcheck on the state of the eurozone economy - it makes for grim reading

July 28, 2015 The 10 most export-driven economies

The Business Insider - ShutterstockHong Kong Which are the most export-driven economies' îWorld Economic Forumî Hong Kong comes in first, with exports worth over 200% their GDP. Luxemburg also returns a figure over...

September 6, 2012 Not That Flat: Pankaj Ghemawat Challenges Globalization's Adherents

Source: Knowledge at Wharton

Globalization is a catchall term used to explain much of contemporary economic and social developments, from the prevalence of outsourcing to the popularity of fusion cuisine. But economist and professor Pankaj Ghemawat argues...

Commentary & Opinion

November 30, 2015 Wal-Mart Is Its Own Worst Enemy

Source: US News

As the busiest shopping season of the year approaches, Wal-Mart's overall revenue and profits are down yet again. This week's earnings report follows the worst stock decline Wal-Mart has experienced in more than 15 years – when...

November 12, 2015 The Inflation & Deflation Mystery

Source: Value Walk

The confusion about the causes of inflation remain. Today there are as many discussions about deflation as there are inflation. Each side recommends actions which they think appropriate. The Fed has exercised two QEs and one...

October 22, 2015 China's Rise: Rhetoric and Reality

Source: Huff Post

Chinese leaders consistently express a commitment to a "new model of major country relations" based on three pillars of non-confrontation, mutual respect, and win-win cooperation. However, over the past five years, the first...


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