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Frugality, Education, Infrastructure and Attitude Change is Needed in the West: We Should Not Rely on Keynesian Nostrums to Pull Us Through
By Jon Moynihan The West’s economic dilemma will not be solved until those countries have not just restructured their balance sheets, by significantly lowering expenditure, but have also significantly changed the mix of that expenditure. In the UK and the
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Kuala Lumpur: ‘The Next Big Thing’ in Asia-Pacific Business Circles
It is Asia’s best-kept secret: business insiders are shunning the cost and congestion of Asia’s mega-cities and plumping for Kuala Lumpur’s strengths: cost competitiveness, profit potential and a first-rate lifestyle – a combination unmatched anywhere else in Asia. InvestKL CEO
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DESERTEC: Clean Power From Deserts
By Michael Düren Solar power from deserts can contribute significantly to a future renewable energy system. The technically accessible solar potential in deserts exceeds the global energy demand by a factor of 20. In the DESERTEC concept, a smart super
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World Bank Group’s PREM: Harnessing Trade Opportunities for Growth and Development
The pace of global trade integration over the past two decades has been extraordinary. Trade has been a key driver of global growth, convergence, and poverty reduction. During 1983–2010, global trade grew twice as fast as gross domestic product (GDP).
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MIDA: Malaysia – Your Profit Centre in Asia
Malaysia is strategically located at the crossroads of East-West trade. The country consists of thirteen states and three Federal Territories, with a total landmass of 329,845 square kilometers (127,354 sq mi). The capital city is Kuala Lumpur, while Putrajaya is
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World Bank Group: Create Jobs by Focusing Industries to be Competitive
Focusing Investment in Industries Poised for Growth Can Help Generate Jobs, Income and Wealth. By Janamitra Devan Job creation is the top priority of governments worldwide, as countries large and small struggle to overcome the prolonged global economic downturn. Amid
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BRIC Stocks Now Out of Favour … Later to Be an Incredible Investment Opportunity
With BRIC stock valuations currently low and yet with strong long term projected growth a great buying opportunity may materialize at some point going forward. Meanwhile, attractive dividend yields of 4%-5% and more are available. The “BRICs” – Brazil, Russia,
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Nomura in New Insider Trading Scandal
Nomura is facing a new insider trading scandal. Nomura Holdings admitted to sweeping breaches of safeguards on confidential client information and will slash top executives’ pay and shut an equity sales desk as Japan’s largest brokerage seeks to resolve a
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OECD: Ominous Signs for International Investment
By Michael Gestrin, OECD After two years of steady gains, international M&A activity plunged by $107 billion, or 45%, in the first quarter of 2012. This is the second lowest level of international M&A since the start of the global
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G20 Summit: Merkel still wants both Austerity and Growth in the Eurozone… but still no clue as to who will pick up the tab
Angela Merkel brushed off criticism of her focus on austerity, as the leaders of the world’s 20 largest economies focused their attention on the crisis in the Eurozone. In Los Cabos the EU largely postponed the discussion on the specifics
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