The War of the World: Twentieth Century Conflict and the Descent of the West
Historian Niall Ferguson examines the conflicts of the First World War to the Cold War and how they influenced the twentieth century. He argues that globalization, wealth, and technological breakthroughs led to much of the violence, genocide and fanaticism of the [...]
FROM THE ECONOMIST INTELLIGENCE UNIT
The imminent expiry of OECD policy stimulus along with an already apparent slowing in world trade growth raises concerns over a double-dip recession for the world economy. For the immediate term, forward-looking data suggest a mild slowdown rather than a fall back into recession. But if promises of fiscal [...]
Europe is likely to be the first region in history to suffer long-term population decline because of low birth rates, mostly due to smaller families in Eastern Europe and Russia, the report said. Japan and South Korea also are producing fewer babies. Japan has a fertility rate of 1.4 children per woman and a worker-to-elderly [...]
Let’s look at some of the economic challenges we still face and the possible solutions being proposed to address them.
America, along with most of the world, is still steeped in excruciating levels of debt. Governments globally have bailed out banks and financial institutions from the brink with borrowed money. If these governments had worked [...]
The next nuclear test by North Korea will be one involving the placement of a nuclear warhead on a missile, according to a Chinese expert on North Korea yesterday.
Zhu Feng, a professor at the School of International Studies at Peking University, told a seminar in Seoul on Wednesday that Pyongyang has gained increased confidence [...]
State media say China’s military forces this week conducted the largest exercise of its kind since the founding of the military, known as the People’s Liberation Army. The official Xinhua news agency reports numerous warships, submarines, and combat aircraft took part in live fire exercises held Monday in the South China Sea.
Nowhere in Russia is the situation so explosive as in the autonomous republic of Dagestan. An ongoing Islamist insurgency has plunged the corruption-plagued region into near civil war. Some high-ranking Russian officials believe it will take years to defeat the extremists, if it can be done at all.
According to our sources in Washington and Tehran, while waiting for evidence, both speculate that the perpetrators may be either pirates in the pay of Al Qaeda in the Arabian Peninsula or even a rogue element in the Iranian Revolutionary Guards, which is bent on settling scores for the latest UN, US and European sanctions [...]
As Germany’s wild boar population has skyrocketed in recent years, so too has the number of animals contaminated by radioactivity left over from the Chernobyl nuclear meltdown. Government payments compensating hunters for lost income due to radioactive boar have quadrupled since 2007.
Question: You meet with your accountant. She tells you, “A panel of financial planners went over your books. You’re living way beyond your means. At this rate, you will reach a tipping point. It’s unclear exactly when. But if you keep it up, you will lose everything and saddle your children with historic debt.” What [...]