When I think of a city like Detroit Michigan which is full of firsts, it saddens me whenever I think about such milestones as Henry Ford creating the assembly line concept, Motown being the first Black owned power house record company, the first city in the U.S. to assign individual telephone numbers and the first […]
CHINA: HOW THE SERVICE INDUSTRY IS KEEPING IT SOLVENT
IRELAND’S BUDGET WOES: Welfare v. Capitalism
Fascinating that different components of the Irish government can work together to make tough decisions when it comes to the economic health and stability of its countrymen, especially when it includes efforts to grow its economy in order to create jobs and to shore up programs so that they are around in the future to […]
TAX SHELTERS: HOW ITS AFFECTING INDIA’S ECONOMY
Indians have been stocking away cash in the amount of $468 billion between 1948-2008. Based upon that large figure it’s no wonder countries like India are asking the Swiss for help in tracking down its countrymen/countrywomen actual wealth as a means to booster its flagging balance sheet. India commissioned a study in 2011 to ascertain just how much money was not being reported as income by its citizens and although not yet published it is estimated that that figure is close to 30% of that country’s GDP!
EGYPT’S THRUST FOR WATER: Opportunity for Collaboration with Neighbors.
Egypt gets 95% of its water from the Blue Nile, which is one of two major tributaries of the Nile River. The Other major tributary is the White River which originates in Uganda. Egypt is concerned that the diversion of that water via a Dam will affect the flow of the Nile River water to Egypt, which it disparately needs to sustain itself. The Dam is 20% complete and is expected to cost $4.2 billion to complete. Ethiopia states that it needs that Dam to help generate the necessary hydropower to grow its economy.
New World Order
When individuals don’t get along human nature dictates one party to the disagreement exert pressure on the other in an effort to force their will, but when that force starts to encroach on those who have no role in that fight then reasonableness and sensibility should be the order of the day. Unfortunately, compromise is […]