IBT News Blog

This story is interesting - a mega company is trying to buy another mega company. I can only imagine the intricate negotiations that would take place if the deal was to move forward and the effect it would have on both companies' worldwide subsidiaries and branches.

A link to the story is attached here: http://www.nytimes.com/2008/02/01/technology/01cnd-subyahoo.html?_r=1&hp&oref=slogin

This article discusses the impact that the inflation rate in China has on the American consumer market. http://www.iht.com/articles/2008/02/01/business/01inflate.php .

The US and the Russian Federation are about to enter into ministerial level talks regarding various trade issues. http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7220698.stm .

In the wake of the scandal involving one of its traders, the French bank Societe Generale has become the target of potential European buyers. The EU entities involved in banking have warned the French government not to attempt to block any such buyout offers from non-French entities. What does this say about the tension between national interests in preserving a national institution and cooperation under the rules of a regional organization such as the EU? See http://www.iht.com/articles/2008/01/31/business/socgen.php .

The Japanese government has instituted a recall of many meat products imported from China because Japanese consumers have been sickened after eating these products. In the context of recent internation problems with Chinese manufactured goods, this could have serious implications for the Chinese and global economies. See http://www.iht.com/articles/2008/02/01/asia/dumpling.php .