Tag Archives: Congress

Opinion: 4 reasons why digital regulation is difficult

The US Supreme Court’s recent ruling against Aereo, an online television broadcaster, showed how much governments continue to struggle with regulating the internet.  When the US Supreme Court struck a major blow to the business model of Aereo, the over-the-internet television broadcaster that catered to cord-cutting millennials, the tech industry was outraged. Silicon Valley alumni like Professor […]

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Why a GOP takeover of the US Senate will not cause political deadlock

Republican control of the Senate, which would make Senator Mitch McConnell the new Majority Leader, may have practical policy impacts, some of which will be of great interest to global investors. Although the U.S. midterm elections remain six months away, oddsmakers are increasingly predicting the Grand Old Party (GOP) will assume majority control over the Senate […]

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Amazon fulfillment center

Billions at stake for U.S. retailers in online sales tax debate

Lobbying efforts by brick-and-mortar stores to charge online sales tax could be a big blow to the e-retailer Amazon. One of the key advantages of Amazon.com’s business model is being slowly stripped away. New research by the National Bureau of Economic Research (NBER) shows that it could cost Amazon 10% of its sales. Amazon has […]

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Janet Yellen (AP Photo/Mark Lennihan)

Yellen’s first statements chart clear path for Federal Reserve

The new Fed Chairwoman made clear to Congress that her Fed will focus on improving the labor market and being straightforward in its messaging. In her first major appearance since becoming the new Chairwoman of the Federal Reserve, Janet Yellen spent last Tuesday answering questions from the House Financial Services Committee. Although she had made abundantly […]

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Iran UAE

Relations between Iran and UAE begin to improve

The interim deal with Iran could prove an economic boon to the UAE. Close trade relations plus the growing congruence of diplomatic opinion between the U.S., the UAE’s most important security partner, and Iran, means that the country is well-positioned to reap the rewards from looser sanctions and more trade. The world’s eyes are on […]

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India elections

5 key takeaways from state elections in India

On December 8, 2013 citizens of India voted in state elections in five states: Delhi, Rajasthan, Chhattisgarh, Madhya Pradesh, and Mizoram. Here are 5 insights into what elections might mean. After a few days the elections were called a resounding defeat for the ruling Indian National Congress party. In what was called a ‘thumping’ by […]

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Murray Ryan

U.S. Congress has a budget deal, but more uncertainty lies ahead

Despite the successful Ryan-Murray budgetary agreement, another U.S. Debt Ceiling Debate Looms on the Horizon. A compromise brokered by Republican Representative Paul Ryan and Democratic Senator Patty Murray is poised to become law, setting federal spending for 2014 and 2015. Not only did this deal avoid eleventh-hour theatrics, but it also is more substantial than […]

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Taking the debt ceiling to the brink

With the House of Representatives having passed a bill Wednesday night putting an end to the government shutdown, let’s take a look at the factors that contributed to the political deadlock that has played out over the past two weeks. First, a more ominous threat than the debt ceiling lay behind the precarious situation. The […]

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Why the US should invest in Iran

Necessity makes strange bedfellows. In the wake of US President Barack Obama’s phone call to Iranian President Hassan Rouhani in September, a US-Iran détente may be possible. Even with a new warmth between the two countries, a number of questions have been raised, the most obvious being “what now?” With the states slowly inching towards […]

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US Shutdown Warm-up to Debt Ceiling Negotiations?

The Economist gave a blistering verdict on the political impasse in Congress today: “Once a stalwart of good governance, America looks like a rodeo clown”. How has it come to this? In terms of the bare mechanics, large areas of the federal government require funding each year to operate. Typically, this funding is received through […]

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