Saudi Arabia managing regional instability by Paolo von Schirach — WASHINGTON – As the custodian of Islamic Holy Sites, Saudi Arabia enjoys enormous prestige...
Chinese Communist Party Instructs Media To Stress “Superiority of China’s System” When confronted with bad news, all autocracies tell lies WASHINGTON – The Financial Times reports that the Chinese Communist Party gave detailed directives to all Chinese media about...
China’s Economy “Worse Than You Think” Jim Chanos of Kynicos conlcuded long ago that China is a house of cards WASHINGTON – A few years ago, Jim Chanos of Kynicos Associates made news because he had the temerity to...
How Bad Is The Chinese Economy? While there is little transparency, what we know creates a scary picture WASHINGTON – There is no way to tell which way the Shanghai Stock Market is headed. However, it is...
China Dumping Excess Steel China has created enormous over capacity. It is now selling its products below cost to the rest of the world WASHINGTON – In a “normal” capitalistic country, when supply expansion strategies in any given industry exceed market demand, the companies...
China’s Bubble Coming To An End Stimuls led to over capacity. Too many steel mills, while unoccupied buildings indicate that the construction boom is over WASHINGTON – Here is the latest news from China. In the North West, several companies are going bankrupt. Some of...
Floating Homes Will Neutralize Rising Sea Levels A creative Dutch architect successfully built entire communities on water WASHINGTON – Those who warn us about the worst possible consequences of global warming predict that coastal areas around the world will...