Feb. 5, 2008 20:17
New US economic sanctions on Burma
Posted by NancyOta under [International Politics ][ (0) Comment ] | [ (0) Trackbacks ]
The US has recently annouced that it will impose new economic sanctions on Burma due to its continued political issues. See http://news.bbc.co.uk/go/em/fr/-/2/hi/asia-pacific/7229130.stm .
Feb. 5, 2008 11:29
Waving Goodbye to Hegemony
Posted by NancyOta under [International Politics ][ (0) Comment ] | [ (0) Trackbacks ]
With the formation of the European Union, and the rise of China as both an economic and military power in South East Asia, it would appear that the United State's hegemonic power is slipping. The article gives a speculative look of the future, and why we are heading towards tripartite balance of power. http://www.nytimes.com/2008/01/27/magazine/27world-t.html
Feb. 5, 2008 11:18
Fear and Loathing in Globalization
Posted by NancyOta under [International Politics ][ (0) Comment ] | [ (0) Trackbacks ]
A fun article written by Fredric Jameson. In this article, Jameson finds the hidden connection between cyberpunk science fiction, fashion and globalization. I think he concludes that the fiction of science fiction has become the reality of globalization. The article is a bit long, 10 pages in PDF. http://newleftreview.org/A2472
Feb. 5, 2008 11:12
US dollar hegemony has got to go
Posted by NancyOta under [Finance ][ (0) Comment ] | [ (0) Trackbacks ]
This article discusses the use of the dollar (fiat currency) as means of controlling financial institutions. The article's main point is that developing countries should reconsider the use of the dollar and attempt to formulate a new monetary structure. http://www.latimes.com/global-econ/DD11Dj01.html
Feb. 5, 2008 09:01
This article discusses the positioning of Thailand to potentially become a major supplier of rice to the Asian markets now that other producers are having trouble meeting demand. How does this relate to some of the economic theory readings we discussed regarding the opening of new markets? See http://news.bbc.co.uk/go/em/fr/-/2/hi/asia-pacific/7222043.stm .
Feb. 5, 2008 08:59
In another follow-up to the story of the rogue French trader at Societe Generale, the US has announced that it too will begin investigating the matter, demonstrating again the international aspects of investment. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7228046.stm .
Feb. 5, 2008 08:56
Foreign markets reaction to US downgrades
Posted by NancyOta under [Finance ][ (0) Comment ] | [ (0) Trackbacks ]
In another demonstration of the interconnectedness of the global markets, the European and Asian markets fell yesterday after US banks and credit institutions were downgraded. See http://www.iht.com/articles/2008/02/05/business/05stox.php .
Feb. 5, 2008 08:54
European bank inflation policy
Posted by NancyOta under [Finance ][ (0) Comment ] | [ (0) Trackbacks ]
The chief of the European Central Bank has announced that it will not follow the Federal Reserve's policies of cutting interest rates in order to stave off inflation and associated economic issues. See http://www.iht.com/articles/2008/02/04/business/trichet.php .
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