Archive | August, 2013
Kaesong Industrial Complex (AP photo)

Kaesong Industrial Complex Remains Vital for Korean Cooperation

On the 15th of August, talks between North and South Korea reached a deal to reopen Kaesong Industrial Complex (KIC), which has been closed since April this year. Operations will to resume within the next month after the necessary controls have been carried out within the plants. Continuing operations in KIC may to reduce the […]

Continue Reading
Riot police clash with protesters in Cairo

Origins of the Egyptian Crisis are Not Economic

Guest blogger David Bresnahan-McRae argues that restructuring policies favouring specific parts of Egyptian society are the real origins of inequality and the current crisis in Egypt. The recent crisis in Egypt has resulted in more than 600 casualties and nearly 4,000 injured due to clashes between the Muslim Brotherhood and the Egyptian security forces. A trend […]

Continue Reading
Al Jazeera America AJAM

Al Jazeera America Enters US Market: Will It Be Viable?

For many Americans, their first encounter with Al Jazeera was in 2001, when the network aired video recordings of Osama Bin Laden after the September 11 attacks. With no further context to inform their viewpoints, Americans associated the Qatari media giant with Islamic terrorism. On Tuesday last week, Al Jazeera America (AJAM) aired its first […]

Continue Reading
Mexico Congreso

Risks Abound in Mexico’s New Oil Laws

Much has been made of the recent announcement that Mexico is seeking to update its oil laws, allowing foreign companies a role in the industry for the first time in decades. How serious investors should take the news depends largely on how the political process plays out in Mexico. The reforms unveiled by President Peña […]

Continue Reading

Op-Ed: Despite risks, now is the time for US intervention in Syria

President Obama’s policy toward the Syrian civil war, and particularly Bashar Al-Assad’s use of chemical weapons in that conflict, is being tested. At the time of writing, the United Nations inspection team in Syria has not yet confirmed that chemical weapons were used against Syrian civilians, but all signs indicate that the rumors flying from […]

Continue Reading
Campaign against shale gas and fracking

Is Shale Gas Excitement in Eastern Europe Unwarranted?

Hydraulic fracturing, or fracking, as it is commonly known, is the method of extracting natural gas from shale rock. Despite environmental concerns over the process of pumping water and chemicals deep into the earth to force out gas which is otherwise trapped, some say that a European shale revolution is on its way. Countries such […]

Continue Reading

Prediction Markets may Revolutionise Business Forecasting

Prediction markets are a type of financial market (also known as information markets or event futures), in which participants trade in contracts whose payoffs depend on unknown future events. Of course, no prediction is ever perfect—there will always be some uncertainty involved. But a number of successes in predicting presidential elections and events within firms have […]

Continue Reading
Overcrowded prison

US Prison Industry Benefits from Immigration Reform

U.S. Attorney General Eric Holder recently announced a plan to reduce the U.S. prison population by reforming the prosecution of low-level drug offenses. America has the highest incarceration rate in the world with 25% of the world’s prison population in the U.S. Holder’s move is partly inspired by budgetary considerations to constrain the soaring cost of prisons, […]

Continue Reading
Viktor Yanukovich

Ukraine Moves Closer to Europe

In spite of Russian president Vladimir Putin’s warnings to Ukraine that he will take “protective measures” if the country signs a trade pact with the EU, Ukraine seems to be taking the Western route. Ukrainian president Viktor Yanukovich has re-affirmed his commitment to signing trade and other political association agreements during an EU Eastern Partnership […]

Continue Reading
Haruhiko Kuroda

Japan’s Currency Devaluation Causes Concern

Japan has been in an economic funk since the 1990s. It was at that time that many speculated it would overtake the U.S. as the global economic superpower rather than China. However, a poorly regulated financial system led to a housing crisis, from which they have yet to recover. With the recent election of Shinzo […]

Continue Reading