Occupy Wall Street – The beginning of a new era?

Why is Washington cheering on Middle Eastern people rising against injustices but when it comes to Americans demanding change the tone is different? The double standards are so obvious Foreign Policy Magazine compared how protesters are handled in Cairo and New York by drawing a parallel between Hosni Mubarak and Michael Bloomberg in the article Hosni Bloomberg?. [...]

What a wonderful surprise – Saudi women will vote!

Saudi women recently woke up to the news that they will be able to vote and run in municipal elections. But Western media managed to put a negative spin on it. We should focus on the giant step forward and rejoice that gender equality in the Kingdom is on the right track. [...]

Investors have lost confidence in politicians – Have you?

The recent inability of US politicians to compromise have lead to US credit rating being downgraded. Add to that European politicians’ inadequate response to the debt crisis in the euro zone and it’s understandable markets are in turmoil. Politicians all over the world really need to step up to the plate and do something drastic to reduce the risks to the global economy. [...]

What would make you flee to Iran?

Exactly, desperation. And that’s precisely why there are one million refugees there.They have escaped war torn Afghanistan and Iraq for the relative safety of Iran. Contrary to popular belief the majority of refugees are not in the West. A staggering 80% have taken refuge in developing countries. [...]

Economic crash in China – or again – in the US?

Looking at recent predictions about where the Chinese and US economies are heading really echoes the cold war. But the arguments are valid and if either, or both of them, crash it would badly destabilize the entire global economy. [...]

Cyber Warfare – Hackers to the rescue?

Internet-based attacks on critical systems such as gas, power and water have increased around the world. So it’s high time for the world to wake up drastically increase online safety. The most intelligent solution I have come across is the way Israel is handling the problem. [...]

Russia joining the Euro?

Last week Vladimir Putin said it is “quite possible” that Russia will one day join the eurozone thus creating a currency that would replace the US dollar as the global reserve standard. This comes as it’s still unclear if the Euro can even survive the current sovereign debt crisis. [...]

America China – The Power is Moving!

According to the OECD, Western countries’ debts in 2008 were equivalent of to 100% of their GDP. China on the other hand has a deficit equivalent of 21 percent of GDP. So not only is the Chinese economy performing very well, they are also partly bankrolling the West. And money talks. [...]

Is the West taxing itself out of business?

It’s not a coincidence that most successful Western corporations were founded last century. Then it was still possible to build up a highly profitable company in the West. Nowadays however, that’s easier said than done. Western tax authorities, led by Sweden followed by America, are tightening any loopholes there are. [...]

Saffron instead of opium?

The whole world would benefit from farmers in Afghanistan replacing poppy farming with alternative crops. Saffron yields about the same price as poppy so that would be one possibility. To make impoverished farmers change from poppy is however easier said than done. So wouldn’t it be a good idea for the world community to start channeling more aid into compensating farmers who opt for alternative crops? [...]

Could a “Deng Xiaoping” surface in North Korea?

When the Cultural Revolution was going on in China nobody would have thought someone like Deng would become the strong leader. But it happened. And not only did the party denounce Mao’s policies and what happened during the Cultural Revolution they also started slowly adapting market principles. [...]

Interconnected for better or for worse?

Understand how the markets work, but isn’t it incredible that a financial crisis made in America can even hit Saudi Arabia. Not only is the kingdom on the other side of the globe, it also has more money than any other country in the world. [...]