Jan. 28, 2008 16:35
State of the Union
Posted by NancyOta under [International Politics ][ (1) Comment ] | [ (0) Trackbacks ]
As a preview, this article discusses, among other things, economic points which are expected to be made by the President in his State of the Union speech this evening. Although many of the provisions are domestic in nature, one wonders what impact these proposls will have on global markets and the global economy generally. http://news.bbc.co.uk/2/hi/americas/7212820.stm .
Jan. 28, 2008 16:32
This article discusses recent statements and proposals made by the manager of the group U2 regarding economic and legal responsibility for music piracy. It is interesting because it illustrates how the illegal downloading of a piece of music domestically ties into a larger global pattern which has, according to the recording industry, managed to cause serious financial damage to an entire industry.
http://www.iht.com/articles/2008/01/28/business/piracy.php
Jan. 28, 2008 16:28
As a follow up to a previous blog posting about Russian involvement in the oil and gas supply used by the majority of Europe, this article discusses the Ukrainian stance on existing trade and also deminstrates the level of interdependecy which exists in terms of European access to energy resources.
http://www.iht.com/articles/2008/01/28/business/gazprom.php
Jan. 28, 2008 16:24
The International Monetary Fund has just announced that its policies on the use of tight fiscal and economic policies by governments it assists can change. It has also started to embrace a greater role for globalization in its policies.
http://www.iht.com/articles/2008/01/28/business/28imf.php
Jan. 28, 2008 16:15
The story of the trader at France's Societe Generale who apparently lost several billion dollars during the course of his time working at the bank and was able to conceal it has been going on for at least a week. The latest factual update is that the trader was just arrested and will be charged under French law for his actions. I thought this article was interesting because it explains how closely conneted the international banking markets are and how the acts of one person in a particular country can impact on the global markets:
http://www.iht.com/articles/2008/01/27/business/27socgen.php .
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