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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: globalization

globalization stories: 66 news summaries

21 - 40 of 66 Stories | << Prev 1 2 3 4 Next >>

OPINION

'Circle of Pain' Snags Emerging Markets, Too

Krugman: Russia et al. not immune after all to crisis' vicious cycle

(Newser) - Only a few weeks ago, it seemed the main fronts of the financial crisis were the Western banking system and mortgage market. But now the crisis has spread to emerging markets like Russia and Brazil. As Paul Krugman writes in the New York Times, the mantra of “decoupling”—... More »

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Russia globalization debt mortgage debt emerging markets bank failure financial crisis decoupling

IMF Plans Huge Credit Line for Poor Nations

Wave of defaults in developing world could imperil global economy

(Newser) - While the financial crisis is leading the West into recession, other parts of the world from Hungary to Argentina face an even worse fate: default, market panic, and possibly social upheaval. Now the IMF is working to build a giant line of credit, funded by rich nations, to provide... More »

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globalization International Monetary Fund Argentina IMF Hungary default market turmoil financial crisis

Amid Crisis, China Faces Its Own Slowdown

Decline in exports poses huge challenge
to Communist Party

(Newser) - For three decades now, China has established itself as a global economic powerhouse by providing cheap exports to the rest of the world. But as demand for Chinese goods slumps in a global recession, the ruling Communist Party, which owes its popularity to expanding prosperity, faces new tests: slowing growth,... More »

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China globalization recession Chinese economy manufacturing financial crisis

OPINION

Starbucks Helped Brew Meltdown—Just Check a Map

Coffee empire's rise tracked (and fueled) housing's, and store locator mirrors trouble spots

(Newser) - A simple tool could hold the key to predicting where the financial crisis will strike next, Daniel Gross writes on Slate: Starbucks’ Internet store locator. “Having a significant Starbucks presence is a pretty significant indicator of the degree of connectedness to the form of highly caffeinated, free-spending capitalism that... More »

ANALYSIS

 Crisis May Cost World 20M Jobs 

Analysts see 'equal-opportunity recession'

(Newser) - The financial sector is slashing workers, and Silicon Valley employees are dropping like prices on last year's iPod. What industry is next? All of them, Moira Herbst writes in BusinessWeek. Every company relies on credit and consumer purchasing power, making this an “equal-opportunity recession,” a staffing agent says.... More »

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globalization General Motors Merrill Lynch recession unemployment job cuts financial crisis Hewlett-Packard

OPINION

From Carnage
of Crisis Rises Vast Opportunity

World must act to overhaul finance for next era: Gordon Brown

(Newser) - The British plan to recapitalize world banks helped calm global markets, but Gordon Brown isn't done yet. In an op-ed for the Washington Post, the prime minister declares that we face "a defining moment for the world economy" on par with the aftermath of World War II, and that... More »

ANALYSIS

Wave Goodbye
to Reaganism 

Wall St. collapse shows old policies no longer work for modern US

(Newser) - Reaganism—the graying policy of low taxes, light regulation, small government, and “cowboy capitalism”—is over. Worse, Francis Fukuyama writes in Newsweek, it, along with Washington’s ill-advised foreign policy, is tarnishing the American brand. “Restoring our good name and reviving the appeal of our brand... More »

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globalization democracy Ronald Reagan regulation Reaganomics

 Italians Protest English Words 

Society not 'OK' with native speakers using Anglo shortcuts

(Newser) - One cultural institution is not "OK" with Italians speaking Anglitaliano, the BBC reports. "Weekend" and "OK" topped a list of least-favorite foreign words among visitors to the Dante Alighieri Society website. It shows Italians want more respect for their language, the group says. More »

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globalization European Union Italy Italian foreign languages

SEC Wants US Firms to Switch to International Accounting

Multinationals would change first under plan

(Newser) - The Securities and Exchange Commission is planning to require US companies to switch to international accounting rules, the Wall Street Journal reports. The body voted today to seek public comment on a plan for the transition, which would stagger requirements. Large multinational firms would be expected to voluntarily switch in... More »

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globalization business SEC accounting corporations Christopher Cox regulation multinationalism

TRAVEL

 Saigon Buries War Past 

Breakneck rush to development leaves high-rises in place of multi-tiered history

(Newser) - It looks like Saigon, “the Paris of the East,” can't wait to ditch its colorful culture and tumultuous history for a shining capitalist future, Peter Jon Lindberg writes in Travel + Leisure. Officially Ho Chi Minh City, the Vietnamese “cosmopolis,” 8 million strong, boasts the world's... More »

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travel Vietnam globalization Vietnam War expatriates boom economy Saigon Ho Chi Minh City

OPINION
(Newser) - China hopes that its Olympic team will do the country proud—but many Chinese are openly rooting for US athletes. Why the love? Francesco Sisci, an Italian diplomat who lives there and whose wife is Chinese, writes in the Washington Post that the idea of "America," even with... More »

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China globalization United States 2008 Beijing Olympics

OPINION

The Win-Win Economics of Medical Tourism

Growing trend of traveling for health care doesn't have to hurt anyone

(Newser) - The spread of “medical tourism”—uninsured and underinsured patients seeking cheap health care in Southeast Asia or Latin America—has fueled fears that developing nations will divert resources from state health systems caring for their own citizens. But, the Economist argues, “if governments make the best of... More »

 Oil Costs Crimp
 Globalization

Biz 'goes local' to save transportation costs

(Newser) - The soaring cost of oil is taking a toll on globalization, pushing companies to save on transportation by producing materials closer to home, the New York Times reports. The search for cheap production had been key for many firms—but now oil prices, as well as stricter import rules and... More »

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oil globalization manufacturing production oil prices

OPINION

Obama Advisers Please the Right, But Not Much

Two 'pro-free-trade' centrists guide him,
up to a point

(Newser) - If Barack Obama takes office, conservatives can take a small measure of comfort knowing that  two of his top economic advisers have generated angst on the left for being "centrist, pro-free-traders," writes Cesar Conda in the Weekly Standard. Austan Goolsbee and Jason Furman—the latter a Wal-Mart defender—... More »

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Barack Obama globalization Medicaid NAFTA George Will free trade protectionism Austan Goolsbee economic adviser Jason Furman

OPINION

'Globosclerosis' Has Paralyzed World Powers

Nations won't rise above parochial interests: Brooks

(Newser) - The collapse of the Doha round of trade talks this week was the first time since World War II that an effort to liberalize global commerce has failed. The talks went south not because they lacked support, writes David Brooks, but because Indian and Chinese politicians were afraid of antagonizing... More »

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globalization Crisis in Darfur WTO League of Democracies Doha Round

Opinion

Obama's 'One World' Vision Too 'Radical': Bolton

Ex-ambassador takes exceptions to Democrat's globalism

(Newser) - Barack Obama’s Berlin speech seemed short on content, but actually revealed the senator’s radical globalist thinking, ex-UN ambassador John Bolton writes in the Los Angeles Times. Obama called himself a “citizen of the world,” and said the Berlin Wall fell because “the world stood... More »

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Barack Obama globalization Berlin alliance speech

OPINION

Sorry, Veterans, Vietnam Is Profitable Now

American companies move to Hanoi, reap benefits of communism

(Newser) - More expensive Chinese labor has American enterprises heading to Vietnam, moving Harold Meyerson to wonder, in the Washington Post, why 58,000 US soldiers died trying to defend democracy there. "American business, backed by the American government, has realized that the problem with communism wasn't that it was undemocratic... More »

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China Vietnam globalization labor costs manufacturing Vietnam War Communism industry

OPINION

Global Econ Puzzle Awaits New President

Kick-starting economy means looking abroad, write Goldman chiefs

(Newser) - Whether it's John McCain or Barack Obama, the next president will confront a global economic landscape unlike anything his predecessor confronted, write Robert Hormats and Jim O'Neill. In an op-ed for the Financial Times, the two Goldman Sachs executives explain that the new president's greatest challenge will be the rise... More »

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globalization Goldman Sachs economics United States developing countries Election 2008 BRICs

US Companies Set Up Shop
in Vietnam

As labor costs in China soar, manufacturers
are moving on

(Newser) - Foreign manufacturers invested $83 billion in China last year, keeping it at the top of the list  of overseas producers. But a confluence of circumstances—high inflation, changing government policies, and, above all, rising wages—have led corporations to start looking elsewhere in Asia,  the New York Times reports.... More »

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China Vietnam globalization manufacturing industry

OPINION

EU Convulses, the World Could Care Less

Time for the Union to get relevant, writes columnist

(Newser) - The EU has been wracked with self-doubt and indecision in the days since the Irish electorate voted down the Treaty of Lisbon. But watching the turmoil unfold from Beijing, Financial Times columnist Philip Stephens observes just how introverted the Union has become. At a critical moment in the history of... More »

21 - 40 of 66 Stories | << Prev 1 2 3 4 Next >>