Oil Spill Is a Tax We Have to Pay
Think of unpredictable catastrophes like the oil spill as a “tax” that we have to pay for technological progress…
June 2010
Russia Needs More Plastic
In the developing world the key driver to retail sales is the spread of credit cards…
Asia’s Millionaires Top Europe’s
For the first time Asian millionaires are worth more than European ones…
A Taxing Debate In Australia
You want a preview of the already-begun debate here between the oil drillers and the government banners? Then look at Australia…
Not the Cheapest Gal In Town Anymore
I believe that in moving to a more flexible exchange rate, Beijing is sending a strong signal that its days as the world’s workshop may be numbered.
China’s Not-So-Big Currency Move
Why do I get the feeling that China is playing chess and the rest of the world is playing checkers…
Big Bank China Again Buying Treasuries
A lot of countries are buying U.S. Treasuries, but as the biggest buyer, China rightly gets the most attention…
BP’s “No Cap” Pledge
About BP’s pledge: Is $20-billion enough and how much can the company afford to pay?
