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Lenovo is emerging as China's global brand with a large presence in China and India, the two fastest growing markets.
Linked Articles
As Rivals Outsource, Lenovo Keeps Production In-House
Wall Street Journal 07/09/2012
PC Firm Lenovo Hunts For Brazil AcquisitionsWall Street Journal 05/29/2012
A White House aide says election advisor David Plouffe's influence affected "everything" in the Obama White House. Tom Friedman points to the influence of campaign consultants on the White House as overreaching and pervasive, going so far a to describe the campaign being developed in test tube fashion. Karl Rove pointed to president Obama keeping an eye on reelection 18 months before Nov. 6, 2012, as not a positive development. Friedman specifically mentions president Obama's failure to endorse the Simpson-Bowles commssion on deficit reductions as part of the imprint of election advisors because reducing tax expenditures or deductions might prove politically unpopular. Yet this was part of responsible governance to take on unpopular positions- something other presidents, including Democratic president Truman, did not fail to do choosing instead to educate pubic opiion on difficult steps needing to be taken. Truman took the decisions head on such as confronting the soviets in Greece and other parts of Europe and in Korea after the fall of the Iron Curtain, so soon after a major war when the public was weary of conflict.
Linked Articles
Obama Adviser's Strategy Is High Risk, High Reward
Wall Street Journal 10/31/2012
President Obama Should Seize the High GroundNew York Times 05/26/2012
Linked Articles
Alibaba Said to Be Close to Raising $8 Billion
New York Times 07/30/2012
Yahoo Inc. Gets Deal Over Stake In AlibabaWall Street Journal 05/21/2012
Linked Articles
In India, Subsidies Upend Car Sales
Wall Street Journal 07/02/2012
Maruti Suzuki Plans Replacement for Alto Compact CarWall Street Journal 05/07/2012
A U.S. Senate Report in May 2013 points to tax avoidance strategies by Apple, and Apple CEO Tim Cook appears before a Senate hearing. EU leaders meet in Brussels to address the problems of tax avoidance by digital companies which aggravate the budget deficits of EU countries, especially at a time of cutbacks in infrastructure spending and education that supports the digital companies access to to human resources. De Anza College in Cupertino is where on of the Apple cofounders went to school. The head of the college describes the effects of cutbacks in funding on the college. On the other side of the Atlantic Fredrik Reinfeldt, Sweden's prime minister makes a similiar case saying the digital companies need access to infrastructure and educational centres which makes the payment of taxes used to fund this necessary for the whole system not to fall into dysfunction.
Linked Articles
Apple's Tax Strategy Aims at Low-Tax States and Nations
New York Times 04/28/2012
Europe Tackles Tax EvasionWall Street Journal 05/22/2013
A steeper decline in sales for Ford Motor in Europe than other companies like Renault.
Linked Articles
Wall Street Journal 07/13/2012
Fordâs Challenges Mount in EuropeNew York Times 04/26/2012
Linked Articles
Can Japan's Hobbled Giants Adapt?
Wall Street Journal 08/17/2012
Sony's New CEO Vows to 'Revive' CompanyWall Street Journal 04/13/2012
Linked Articles
Hitachi President Prods Turnaround
Wall Street Journal 05/11/2012
Toshiba's Chief Takes StockWall Street Journal 04/09/2012
Jared Berstein of the Economic Policy Institute, Peter Orszag, former director of the Congressional Budget Office, and Mayor Bloomberg of New York, say eliminating all Bush tax cuts would provide the revenue base needed to support middle class programs for future years. Orszag says making the tax code more progressive is desirable especially considering the inequality but this does not do much good if the revenue base to support middle class programs down the road is insufficient.
Linked Articles
Middle Class Malaise Complicates Democratsâ Fiscal Stance
New York Times 12/12/2012
Federal Budgets and Class WarfareWall Street Journal 03/29/2012
Major shifts in the Chinese economy that are planned for 2013-2018.
Linked Articles
New York Times 07/17/2012
China Speeds Economic 'Transformation'Wall Street Journal 03/06/2012
A gradual change away from the dominance of state owned companies as China shifts direction. The World Bank-DRC Report as the first step in this direction, marking the beginning of the beginning.
Linked Articles
Xi Appeals for 'Purity' Amid Party Scandal
Wall Street Journal 03/16/2012
New Push for Reform in ChinaWall Street Journal 02/23/2012
John Taylor and the Ifo Institue's Sinn say the recapitalization of Greece's banks and the lower interest rates negotiated after the March 2012 bailout make exiting the euro and achieving economic growth doable. The Papdemos government's need for time till 2015 to complete the program of changes, and the elections in April 2012 in which opposition parties outpolled Pasok and New Democrachy lays the political groundwork for the exit.
Linked Articles
Greece at new risk of being pushed off euro - The Washington Post
Washington Post 05/08/2012
A Better Grecian BailoutWall Street Journal 02/22/2012
The effort to reduce unprofitable assets and improve profit margins at Ford Motor Company.
Linked Articles
Wall Street Journal 10/29/2012
Mark Fields Is Fordâs Mr. Inside, and Its Heir ApparentNew York Times 02/18/2012
These cities are being squeezed by high unemployment and declining incomes from lower paid manufacturing jobs. This makes college education more elusive than ever, and much worse so with the over $1 trillion in college debt in the U.S with spiralling cost of higher education. Vocational training in higher paid fields for families that cannot afford college and children who are not likely to go to college, is the only way not to leave behind a generation of growing children behind in these cities. It is an issue of the utmost importance for renewing America's smaller cities that do not have the advantages of San Francisco, Washington D.C. and Raleigh, S. Carolina, with their advanced university and technology hubs and access to finance.
Linked Articles
As College Graduates Cluster, Some Cities Are Left Behind
New York Times 05/30/2012
It’s time to drop the college-for-all crusade - The Washington PostWashington Post 05/28/2012
The Center for Strategic Studies in Moscow was prescient in predicitng political dissatisfaction before parliamentary elections. The former finance minister, Alexei Kudrin, anticipated the 2008 global financial crisis and set aside reserves in the sovereign wealth fund to cope with the crisis. Both now see the potential for a worsening economic and political situation in Russia as Greece nears exit from the eurozone and the banking crisis in Europe leads to reduced loans to Russia. At the same time the political polarization in Russia between pro and anti Putin factions creates other tensions.
Linked Articles
Report Says Support for Putin Is Dropping
Wall Street Journal 05/23/2012
Russian Recession Could Prompt Political Woes, Report SaysNew York Times 05/24/2012
Linked Articles
Lexus, Porsche Top Quality Survey
Wall Street Journal 02/14/2013
Chrysler Puts Laser Focus on DefectsWall Street Journal 05/09/2012
About 3.5 million Americans between the ages of 45-64 unemployed as of May 2012, unemployment being higher for middle aged Americans than younger people.
Linked Articles
For Middle-Aged Job Seekers, a Long Road Back
Wall Street Journal 06/23/2012
The incredible shrinking labor force - The Washington PostWashington Post 05/05/2012
Efforts to fix regional finances with spending cuts have pushed unemployment to about 27% in one of Spain's largest regions, Castilla-La Mancha. As banks consolidate and reduce lending this depresses small and medium sized businesses, the public sector layoff increase unemployment, part time unemployment and the growing underground economy depress tax revenues, creating risks of a downward spiral.
Linked Articles
A Spanish Leader Emerges as a Crusader for Austerity
Wall Street Journal 06/25/2012
Spain, Pursuing Austerity, Still Waits for the PayoffNew York Times 04/27/2012
Nokia hit by Huawei at the lowend and Samsung in all price segments in the smartphone market leading to an unraveling of the company's market position.
Linked Articles
Wall Street Journal 04/23/2012
China at Heart of Nokia's TroublesWall Street Journal 04/19/2012
A sense that India has not managed globalization as well as it should have, is the view expressed by India's central bank governor, Devi Subbarao, at a IMF discussion with Charlie Rose and central bank governors from Mexico and Sweden, Lagarde and and Christina Romer on April 20, 2012 at IMF headquarters. One facet of this is the rising current account deficit, declining foreign investment, and shortages of coal and other energy supplies.
Linked Articles
Wall Street Journal 04/26/2012
India Grapples With Soaring Energy CostsWall Street Journal 04/11/2012
Linked Articles
Apple Stores Army, Long on Loyalty but Short on Pay
New York Times 06/23/2012
Why Nations FailNew York Times 03/31/2012
The criminal investigation into alleged tax fraud in trading of carbon emissions certificates, the raid at Deutsche Bank's Frankfurt headquarters in Dec. 2012, and arrest of some senior executives, continues problems with the bank's image in Germany since the 2008 financial crisis. Deutsche Bank's was highly leveraged during the 2008 financial crisis and is perceived as contributing to the crisis. Changing the culture at the bank is likely to take more than the introduction of the new co-CEO arrangement in mid 2012 with Anshu Jain and Jurgen Fitschen, say experts. Germany's judiciary was critical of Fitschen for not respecting the independence of the judiciary and understanding the separation of powers for a call he made protesting the raid in the investigation.
Linked Articles
Image Remake Suffers Hit at Deutsche Bank
Wall Street Journal 12/20/2012
Deutsche Bank Lists Litany of Legal RisksWall Street Journal 03/21/2012
Linked Articles
Tokyo Set to Raise Levy on Wealthiest
Wall Street Journal 01/11/2013
Prime Minister Noda says tax hike essential for Japan's sustainability - The Washington PostWashington Post 03/04/2012
The road map and priorities of the DRC and the PBOC are now the road map and priorities of the Jinping-Keqiang administration A sense of deepening awareness takes hold on party leaders Jinping and Li Keqiang that the current trajectory of Debt to GDP ratios could lead to the kind of situation before the banking crisis in Japan and S. Korea. The importance of striking a balance with growth of private companies to support future growth and move away from reliance on state owned enterprises is part of the change supported by DRC and PBOC.
Linked Articles
China's Central Banker Leads Push to Overhaul Economy
Wall Street Journal 11/05/2013
New Push for Reform in ChinaWall Street Journal 02/23/2012
The implementation of austerity measures in Greece including cuts to the minimum wage hit people with lower wages the hardest. This takes place even as Greece fails to tackle tax evasion by higher income groups such as doctors and engineers. This is estimated by a group of economists who looked at Greek bank records at 11.2 billion euros in 2009.
Linked Articles
Wall Street Journal 07/09/2012
Greek leaders’ priorities questioned - The Washington PostWashington Post 02/19/2012
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