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THE GLOBAL IMBALANCES MYTH / THE WALL STREET JOURNAL OP EDITORIAL ( VERY HIGHLY RECOMMENDED READING )

19 hours ago ago from Gonzalo Raffo InfoNews

OPINION DECEMBER 22, 2009. The 'Global Imbalances' Myth By ZACHARY KARABELL As the economic crisis has eased in recent months, a questionable international consensus has emerged : The global economy needs to be rebalanced . "We cannot follow the same policies that led to such imbalanced growth ," President Barack Obama said during his Asia trip last month. European Central Bank head Jean-Claude Trichet declared in September that " ...

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The 'Global Imbalances' Myth

16 hours ago ago from Kingsway 24 Seven

Different countries have always played different roles in the world economy. As the economic crisis has eased in recent months, a questionable international consensus has emerged: The global economy needs to be rebalanced. We cannot follow the same policies that led to such imbalanced growth, President Barack Obama said during his Asia trip last month. European Central Bank head Jean-Claude Trichet declared in September that imbalances have ...

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When consumers take international brands as their own, companies are enroute to brand-building success

18 hours ago ago from IDEAS INSPIRING INNOVATION

I stumbled upon an interesting blog post about international brands and how they are considered as local brands. There was a recent study conducted in China, where a growing number of respondents thought Coca Cola was a local Chinese brand. Of course the vast majority knows it's a US brand, but the fact that a growing number of people think it's their own, is a positive sign that the adaptation and localization process of an international ...

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Chinese funding fuels China’s global push in wind and solar energy

15 hours ago ago from buildaroo.com

When A-Power Energy Generation Systems secured a deal to supply turbines for a U.S. wind farm project in October, the little-known Chinese firm had an ace up its sleeve to help it clinch the deal. A-Power was armed with $1.5 billion in financing from state-run Chinese banks to fund the 600 megawatt project in Texas. While global peers have limited access to cheap state loans, Chinese renewable energy firms are getting a boost from Beijing as ...

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US Swine Flu Spray Plane Shot Down In China

22 hours ago ago from Freedom Theory UK

Reports circulating in the Kremlin today are stating that a US government contracted airplane piloted by American CIA agents and carrying a cargo of a ‘ mutated ’ swine flu virus intended for aerial spraying was shot down [photo top left] at China’s Shanghai Pudong airport by a saboteur team of what are believed to be Israeli Mossad soldiers seeking to prevent an American attack upon one of their Central Asian bases located in the Central ...

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For Obama, A Foreign Policy To-Do List For 2010 : NPR

19 hours ago ago from NPR

Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast For Obama, A Foreign Policy To-Do List For 2010 by KEVIN WHITELAW Heading into a new year, President Obama is juggling two unpredictable wars, a pair of rulers eager to realize their ...

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