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Commerce

Companies warn of economic crisis as China fights the coronavirus

THE ECONOMIST The government steps up support, not to boost growth but to ensure social stability RARELY HAVE plans in China fallen apart so swiftly, so publicly. On January 12th the leaders of Hubei declared that the province’s GDP would grow by 7.5% this year.

Commerce

Oil-rich Gulf Turns to Renewable Energy

By Kunda Dixit* ABU DHABI, Jan 29 2020 (IPS) – The increased frequency of climate-induced weather extremes and public opinion pressure are forcing even major fossil fuel exporting countries in West Asia to make a big push towards renewable energy. In January alone, the United…

Commerce

The Guardian view on Davos: capitalists know they must do better

Editorial The climate crisis and social unrest could finally force corporate leaders to think beyond the profit motive When Klaus Schwab founded the World Economic Forum in an Alpine ski resort in 1971, he wasn’t to know that the 30-year postwar boom was on its last legs. The…

Commerce

Billionaires Beware

By Anis Chowdhury * and Jomo Kwame Sundaram**   SYDNEY and KUALA LUMPUR, Jan 7 2020 (IPS) – The latest November 2019 UBS/PwC Billionaires Report counted 2,101 billionaires globally, or 589 more than five years before. Earlier, Farhad Manjoo had seriously recommended…

Commerce

As Digital Earth gains momentum, China is setting the pace

By Davina Jackson * – The Conversation Al Gore’s 1992 forecast of a Digital Earth — where satellites beam data to reveal all the planet’s environmental dynamics – has gained momentum with the publication of the Manual of Digital Earth last month. The major anthology is sponsored…

Commerce

The Strategic Battle for Lithium. Huge Reserves in Bolivia, Argentina, Chile

By Enzo Pellegrin – Global Research On March 15, 2018, Maurizio Stefanini, reporter of an italian right think-tank, complained that the huge reserve of Lithium present in Bolivia was in the hands of the State“” and of the bad example“” of Evo Morales. (1) In the same…

Commerce

The Pressure on China

By George Friedman* – Geopolitical Futures The Chinese People’s Liberation Army has begun minor operations to try to quell the unrest in Hong Kong. This is a step that the Chinese hoped to avoid.

Commerce

The Limited Utility Of The Iran Sanctions

By Kenneth Katzman(*) – LobeLog (**)  The objective of any sanctions regime is not to punish the target country or weaken its economy as an end in itself. Rather, a sanctions campaign—including the Trump Administration’s policy of “maximum pressure” on Iran—is meant to…