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FRIDAY, NOVEMBER 20, 2009
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NEWS ABOUT: globalization

globalization stories: 66 news summaries

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Web Addresses Will Gain International Flavor

Chinese, Arabic, Hebrew domains, among others, will have support by 2010: ICANN

Oct 26, 09 5:12 PM CDT
(Newser) - In the biggest change ever to the system, Web domains will soon be available in the native scripts of Chinese, Arabic, Hebrew, and other non-Latin-based languages. A proposal expected to be approved this week means “Internationalized Domain Names” could be up and running as soon as mid-2010. China and... More »

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China • Internet • Thailand • globalization • domain names • Chinese • Arabic • Internet domains • ICANN • World Wide Web • web domain • Hebrew • communications

 Iceland Too Poor 
 for McDonald's 

With currency off 80%, golden arches fall

Oct 26, 09 2:55 PM CDT
(Newser) - Soon there will be at least one country you can visit without seeing the golden arches. The financial crisis hit Iceland’s currency so hard that McDonald’s, which imports most of its ingredients, can’t afford to operate there anymore. “We would have to raise our prices by... More »

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globalization • McDonald's • Iceland • economy • financial crisis

ANALYSIS

Count the US Dollar Down, But Not Out

Fears of a looming currency crash are overblown

Oct 23, 09 4:25 PM CDT
(Newser) - With the US economy in a prolonged slump and the Fed likely to keep interest rates low for the foreseeable future, many worry that a dollar crash will be the next shoe to drop. Currency pessimists can point to a 6-month decline in the dollar; this week the currency hit... More »

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globalization • currency exchange • yuan • Lehman Brothers • euro • US dollar • weak dollar • financial crisis

OPINION

 Hey, America, 
 Your Time 
 Is Now: Bono 



Obama's Nobel is world's way of saying it's ready to swoon

Oct 18, 09 1:22 PM CDT
(Newser) - Conservatives sneered at European naivete and even liberals shrugged when Barack Obama won the Nobel, but for U2's Bono, "the virtual Obama is the real Obama, and the man might deserve the hype." The humanitarian rock star lays out the difficult tasks Obama faces, from religious extremism to... More »

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Barack Obama • globalization • Bono • Nobel Peace Prize • op-ed

 How Australia Dodged 
 the Recession

How one country ducked the economic downturn

Oct 16, 09 5:42 PM CDT
(Newser) - Australia has weathered the financial crisis better than any other developed country. Last week its central bank raised interest rates, indicating its primary concern is now inflation, not growth. What were the keys? Phil Dobbie of BNET explains:
  • Befriending China: Australia used to export much of what it made
... More »

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China • international trade • real estate • Australia • globalization • United Kingdom • United States • trade • housing • recession • global economy • banking • bilateral trade • economy • what recession? • population growth

 Pittsburgh G-20 March 
 Proceeds Peacefully 

Demonstration free of violence that marked yesterday's protests

Sep 25, 09 4:11 PM CDT
(Newser) - Protesters again marched in Pittsburgh today while world leaders met at the G-20 summit, but the demonstration has so far been peaceful, in marked contrast to the mayhem that marked yesterday’s rally. The demonstration, organized by the antiwar Thomas Merton Center, made its way across town after an opening... More »

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globalization • Pittsburgh • G20 • protesters • peace movement • economic crisis • march • G-20 • Thomas Merton Center

Subway Will Soon Have More Stores Than McDonald's

But sandwich chain still lags behind McD's in sales

Sep 22, 09 5:30 PM CDT
(Newser) - Subway is nearing a milestone: the sandwich chain will soon have more global locations than McDonald’s, Ad Age reports. The chain is expanding so quickly that it's expected to have 31,800 stores by the end of the week. It's probably just a matter of months before it surpasses... More »

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globalization • McDonald's • fast food • restaurant • Subway

Global Rates of Alzheimer's Disease Soar

Aging populations drive increase; developing world will be hit hard

Sep 21, 09 2:40 PM CDT
(Newser) - Rising life expectancy in the developing world will lead to a dramatic increase in the number of people stricken by Alzheimer’s disease, HealthDay News reports. The number of dementia cases worldwide will reach 35.6 million in 2010, a 10% increase over the total in 2005. That number is... More »

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Middle East • dementia • globalization • public health • aging • medical research • North Africa • developing countries • developing world • Alzheimer's Disease

(Newser) - President Obama opened bilateral talks with China today with a friendly speech, saying the US-China relationship would “shape the 21st century” and highlighting areas in which the nations have common interests, like nuclear proliferation, terrorism, and the global economy. He also touched on climate change, noting that the US... More »

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China • Barack Obama • Darfur • globalization • Sudan • Crisis in Darfur • speech • Obama administration • President Obama

 Chinese Sow Stakes 
 in French Wine Country 

Foreign buyers retool prominent Chateaus for exports to China

Jul 26, 09 3:00 PM CDT
(Newser) - Mao wouldn't likely approve on a couple of fronts, but Chinese investors looking to introduce their countrymen to the best in wine are buying up storied chateaus in the heart of French wine country, the Washington Post reports. Two companies paid several million dollars each to own Chateau Richelieu and... More »

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China • alcohol • globalization • France • wine • foreign investment • Bordeaux

 French Are 
 World's Worst 
 Tourists: Survey 

Poll of 40,000 hotels ranks visitors on politeness, generosity

Jul 9, 09 3:20 PM CDT
(Newser) - The French are the world’s worst tourists, AFP reports. A global survey asked staff at 40,000 hotels to rate tourists on categories ranging from politeness to generosity to willingness to learn local languages—and the French finished last in several categories. Japanese tourists took honors in just as... More »

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Spain • Japan • globalization • tourism • list • hotel • German • Japanese • tourists • French

US Trading Partners See Huge GDP Falls

Mexico contracts
21.5% as American demand dries up

May 21, 09 6:16 AM CDT
(Newser) - Yesterday Mexico became the latest country to disclose a sharp economic contraction as a result of the slowdown in US consumption of imported goods. Mexican GDP fell at an annualized rate of 21.5% in the first quarter, following Germany, down 14.4%, and Japan, 15.2%—its worst performance... More »

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Germany • Japan • Mexico • globalization • recession • global economy • US economy • GDP • NAFTA • Japanese economy • financial crisis

opinion

 Globalization Is 
 Changing Our Brains 


Mar 29, 09 6:20 PM CDT
(Newser) - Having boogied in 70 countries on all seven continents, Matt Harding concludes that “globalization is forcing our brains to evolve." Known via the Internet for dancing poorly with locals in far-flung locations, Harding argues that our brains were designed for social interaction within a small tribe—but we... More »

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evolution • globalization • brain • tribes • NPR • cavemen • social behavior

 China-India Friction 
 Rises Amid Downturn 

But tensions persist between two boom economies

Mar 20, 09 8:23 AM CDT
(Newser) - With US demand shrinking, China is looking to India to keep its exports buoyant and buy everything from iron ore to stuffed animals. But although China is its largest trading partner, India's not happy: this year it banned toy imports for safety reasons, and the country has lodged a dozen... More »

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China • India • globalization • exports • Chinese exports • economic downturn

Half the World's Languages Will Vanish by 2100

More than 2400 tongues at risk of extinction, as last speakers die out

Mar 16, 09 11:11 AM CDT
(Newser) - Globalization has many benefits, but the preservation of the world's languages is decidedly not among them. Ever since the invention of agriculture 10,000 years ago, smaller tribes have assimilated into bigger ones and seen their native tongues lost, and the process has been speeding up, reports the Washington Post.... More »

MORE ABOUT:
globalization • culture • extinction • UNESCO • language

analysis

 The Next Economic 
 Victim: Globalization 

Plunging exports, protectionism undercut 'golden age'


Mar 5, 09 9:02 AM CST
(Newser) - World trade has quadrupled since 1982, but economic woes are eating away at globalization’s “golden age” as exports fall, foreign workers head home, and governments seek to protect their own, the Washington Post reports. “The collapse of globalization is absolutely possible,” said a US economist. “... More »

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globalization • exports • global economy • immigrant • protectionism

ANALYSIS

Free Market Rings Up 4B
Cell Phones Worldwide

6 in 10 connected, thanks to private biz

Mar 3, 09 2:37 AM CST
(Newser) - The global explosion in cell phone use is a timely reminder of what free markets can achieve, David A. Gross writes in the Christian Science Monitor. There are now more than 4 billion mobile connections worldwide, two-thirds of them in developing countries, according to a new UN report. This leap... More »

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cell phones • globalization • communication • telecommunications • cell phone industry • free markets • mobile phones


 India to Sell 
 Cow Pee Soda 

Nationalists push drink as Coke, Pepsi rival

Feb 12, 09 11:56 AM CST
(Newser) - India's largest Hindu nationalist group is taking on Coke and Pepsi with a native brew that's a little, uh, earthier: a soft drink made from cow urine. "Don't worry, it won't smell like urine and will be tasty, too," its maker assures the Times. The so-called cow water—... More »

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India • globalization • cows • soda • nationalism

 'India's Enron' Imperils
 Booming Industry 

$1B scandal threatens India's role as major outsourcing center for top companies

Jan 8, 09 10:26 AM CST
(Newser) - A $1 billion accounting fraud at Satyam is being described as India's Enron, and it could have a major impact on how Fortune 500 companies use Indian companies for outsourcing critical computer and IT functions, reports the Financial Times. The CEO of Satyam, India’s fourth-largest IT services company, resigned... More »

MORE ABOUT:
India • globalization • outsourcing • Cisco • Unilever • financial crisis • Satyam • Ramalinga Raju

(Newser) - Rich nations are buying up farmland in developing countries and drawing the ire of some critics, the Guardian reports. One UN official said the purchases, designed as a hedge against food shortages, could put poor nations at risk of starving to feed the wealthy. In "this scramble for soil... More »

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food • Africa • globalization • farmland • Third World • food shortage • food security

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