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The 1976 Montreal Olympics, the 2004 Athens Olympics, the 2014 Sochi Olympics and the Rio Olympics- decades long debt hangovers and costs growing from the $1+ billion in Montreal to $50+ billion in Sochi
08/24/2016
Developing and developed countries alike have seen the cost of the Olympics as a huge burden. Many countries or cities that committed to hosting the Olympic games during boom years were facing economic hard times by the time of the games. Corruption and mismanagement of public funds, overspending and cost overruns added to the problems. Citizens uproar caused cities such as Boston and Oslo to withdraw bids for the Olympics. The Olympics appears to be a costly way to show off a country, and raises questions about better allocation of funds in other directions, especially when upward mobility is a problem for the middle and working class, countries have other infrastructure needs, and neglected basic needs in education, healthcare, public services.
Linked Articles
The 40-year hangover: how the 1976 Olympics nearly broke Montreal
The Guardian 07/06/2016
Rio Games Highlight Problems With the Olympic ModelThe New York Times 08/23/2016
The cost of the crisis to Russia exceeds $200 billion- a story of wasted opportunities to diversify away from oil and gas and integrate fully into the competitive global economy
01/29/2015
Linked Articles
Wall Street Journal 01/29/2015
Russia Lifts Crisis Cost EstimateWall Street Journal 01/29/2015
Lufthansa low cost carrier Eurowings and Air France-KLM low cost carrier Transavia in 2015- an effort to setup separate airlines to remain competitive
09/28/2014
Linked Articles
Lufthansa Chief Carsten Spohr Defends Airline’s No-Frills Push
New York Times 12/08/2014
Air France Pilots End Two-Week StrikeNew York Times 09/28/2014
A major problem for western oil companies- the rapid increase in cost of oil and gas exploration and pipelines
01/29/2014
Projects are exceeding estimates and costs tripling or quadrupling in some cases. The search for solutions includes building processing plants for LNG on ships to eliminate the cost of building pipelines.
Linked Articles
Shell Plans Boat to Tap Gas Fields
Wall Street Journal 01/29/2014
Big Oil Companies Struggle to Justify Soaring Project CostsWall Street Journal 01/29/2014
Putin and the excessive cost of the 2014 Sochi Winter Olympics in Russia approaching $51 billion
11/05/2013
The need for infrastructure spending in other parts of Russia, for R&D development and making the transition away from dependence on oil revenues, as competing needs for capital. This also happens as currency values are declining for emerging markets and it is increasingly difficult to attract foreign investment in 2014, leading to slowing growth with high inflation.
Linked Articles
Putin's Olympian Construction Zone
Wall Street Journal 11/05/2013
Putin’s Olympic Fever DreamNew York Times 01/22/2014
The need to boost the minimum wage in Britain as wages fall behind the cost of living
08/20/2013
Linked Articles
U.K. Moves To Tackle Income Squeeze
Wall Street Journal 08/20/2013
As the Working Poor Become More Common in Britain, So Does HungerNew York Times 01/02/2014
Venezuela confronts the extravagant cost of almost free gasoline at the pump in 2015- (2) internal debate in the Maduro government
04/23/2013
Linked Articles
Venezuela Mulls Subsidies Cuts
Wall Street Journal 01/23/2015
Pragmatist Succeeds Marxist in VenezuelaWall Street Journal 04/23/2013
The LNG ship Prelude and the oil drilling rig Noble Bully 1- New technology changing the prospects and look of deep water oil drilling making it safer, cost effective and increasing production
01/03/2013
Shell's experience and technological improvements are changing the way oil drilling in deep waters is done. Chevron and other companies are also developing their expertise as this is critical in reaching the more difficult to access reserves deep in the ocean floor.
Linked Articles
A Novel Ship Extends Shell's Reach
Wall Street Journal 01/03/2013
Shell Plans Boat to Tap Gas FieldsWall Street Journal 01/29/2014
Boeing and lessons learned from the $50 billion Dreamliner project- (2) meeting customer needs for balancing new features with cost
11/16/2012
Linked Articles
Delta Flies New Route to Profits: Older Jets
Wall Street Journal 11/16/2012
Boeing and Its Customers Try to Put a Price Tag on Fuel SavingsWall Street Journal 07/30/2013
The costly software failure that cost U.S. brokerage house Knight Capital $440 million with erroneous orders on August 1, 2012
08/02/2012
Software that was introduced without proper testing by management at Knight Capital resulted in a blizzard of wrong orders going out on August 1. This led to suspension of trading on the New York Stock Exchange after identifying Knight Capital as the source.
Linked Articles
Trying to be Nimble Knight Capital Stumbles
New York Times 08/02/2012
Knight Capital Says Trading Glitch Cost it $440 MillionNew York Times 08/02/2012
The challenges facing Peugeot Citroen with its focus on low-cost small fuel efficient cars and the high labor costs in France
04/16/2012
Linked Articles
Big Car Plant Closure Shows Europe Woes
Wall Street Journal 07/12/2012
Renault Takes Low-Cost LeadWall Street Journal 04/16/2012
Indonesia's economic growth, lower bond yields and borrowing costs- 2010-2013
01/12/2012
Linked Articles
Indonesian Economy Grows at Top Clip Since '90s
Wall Street Journal 02/07/2012
Reversal of Fortunes in Debt MarketWall Street Journal 01/12/2012
Google's Nexus 7 and Amazon's Kindle Fire- cost of manufacturing and margins
09/29/2011
Linked Articles
Wall Street Journal 07/12/2012
Launching New Tablet, Amazon Plays With FireWall Street Journal 09/29/2011
Learning in shale oil production for cost efficient ways suggest continuing growth in U.S. shale oil supplies for 2015-2020
03/06/2015
Linked Articles
U.S. Producers Ready New Oil Wave
Wall Street Journal 03/14/2015
Exxon Mobil: Shale to the ChiefWall Street Journal 03/06/2015
Venezuela confronts the extravagant cost of almost free gasoline at the pump in 2015- (3) the Petro-Caribe program providing highly subsidized oil in Latin America
12/06/2014
Linked Articles
Venezuela Mulls Subsidies Cuts
Wall Street Journal 01/23/2015
An Ailing Venezuela Trims Oil DiplomacyWall Street Journal 12/06/2014
Air France-KLM's Transavia low cost airline plan and the competition with Ryanair
09/11/2014
Linked Articles
Air France-KLM Restructuring Puts New Focus on Its Low-Cost Airline
New York Times 09/11/2014
Air France Scales Back Transavia Plan, Giving In to Striking Pilots’ DemandsNew York Times 09/25/2014
The uninsured without health coverage and the Obama health care law- why a majority of uninsured say it will increase their costs
12/18/2013
In a recent CBS/NYT poll 57% of the uninsured say it will increase their healthcare costs, only 20% of the uninsured say it will decrease their costs. A third of the uninsured say they will pay the penalty and not sign up for coverage under the law.
Linked Articles
Uninsured Skeptical of Health Care Law in Poll
New York Times 12/18/2013
Growth in U.S. Health Care Spending SlowsNew York Times 12/18/2013
Why China and India see a "win-win spirit" in the Iran nuclear deal of July 2015- access to lower cost oil supplies for an extended period
08/21/2013
With the need to boost growth in India, and slowing growth in China, the prospect of lower cost Iranian oil imports is a bright spot for both countries.
Linked Articles
Oil-Thirsty China a Winner in Iran Deal
Wall Street Journal 07/15/2015
Rupee Throws Oil on India's Subsidy ProblemWall Street Journal 08/21/2013
The Jinping-Keqiang leadership in China and the need to help consumers by reducing pharmaceutical and healthcare costs (2)
05/31/2013
The particular need to help the elderly in an aging population for China. The elderly suffer most from the need to set aside a large portion of savings for healthcare costs (Orlik).
Linked Articles
Politics Is a Bitter Pill for Glaxo
Wall Street Journal 07/25/2013
Aging Chinese Face a Bleak PictureWall Street Journal 05/31/2013
Venezuela confronts the extravagant cost of almost free gasoline at the pump in 2015- (1) a history of public resistance and the Chavez government
04/12/2013
Linked Articles
Venezuela Mulls Subsidies Cuts
Wall Street Journal 01/23/2015
Almost-Free Gas Comes at a High CostWall Street Journal 04/12/2013
The University of Minnesota- high tution costs and bureaucracy
12/28/2012
High administrative costs at the University of Minnesota and the high tution costs and debt servicing cost.
Linked Articles
Minnesota Lawmakers Consider Funds for College
Wall Street Journal 03/14/2013
Deans List: Hiring Spree Fattens College Bureaucracy—And TuitionWall Street Journal 12/28/2012
The new Jinping-Keqiang leadership and reducing pharmaceutical and healthcare costs to help consumers in China (1)
10/03/2012
After a decade of decline in consumer spending in favor of infrastructure spending to where it is now only 35% of GDP, or half that in the U.S. as a percentage of GDP, China's leadership realizes the need to help consumers. It is seen as high on the list of priorities for the Party's survival. Ordinary Chinese, rural households and the elderly are seriously affected by the high cost of healthcare and the need to set aside a large portion of savings for medical emergencies (Orlik). This further depresses consumer after the impact of low savings rates. With a bursting of the property bubble the money depositors shifted to real estate is also at risk for middle class investors.
Linked Articles
Wall Street Journal 10/03/2012
Politics Is a Bitter Pill for GlaxoWall Street Journal 07/25/2013
The risks to Chrysler in 2013-2015 with delayed new and redesigned models, and higher incentive costs reducing margins
07/31/2012
Lower cash flow from the demands for new and redesigned models in a very competitive market, the higher incentives costs reducing margins, combined with losses in the Fiat European operations, will pose challenges for Marchionne in 2013-2014.
Linked Articles
Chrysler Profit Up, Cautions on Spending
Wall Street Journal 01/31/2013
In Turnabout, Chrysler Profit Offsets Fiat LossWall Street Journal 07/31/2012
The absence of solutions to the underlying problem of increasing U.S. health care costs in fiscal cliff deficit negotiations
04/03/2012
Without a new approach to increasing health care costs, especially considering the demographic changes in the U.S. with more people on Medicare in future years, the problems of defunding other areas such as education, R&D, and infrastructure, to fund these increases is likely to continue. Estimates show that the 50 million Americans enrolled in Medicare in 2012 will grow to 80 million by 2030, according to the Medicare program actuaries. Demographic changes as the baby boom generation ages mean more Americans relying on Medicare and Medicaid. With continually increasing health care costs from costly technologies, increasing of diabetes, asthma and other diseases, pricing in the medical industry, and some fraud costs, this is a toxic mix that will lead to to a situation where one of three dollars in spending get swallowed up here.
Linked Articles
Beneath Budget Battle, a Health-Spending Juggernaut
Wall Street Journal 12/17/2012
What to Do on the Day After ObamaCareWall Street Journal 04/03/2012
The cost to Bank of America of the $2.5 billion acquisition of Angelo Mozilo's Countrywide is estimated at $40 billion in 2012
12/27/2011
In many ways the business practices at Countrywide were at the heart of the mortgage and real estate crisis of 2008. The cost of this for Bank of America is estimated at $40 billion.
Linked Articles
BofA's Blunder: $40 Billion-Plus
Wall Street Journal 06/29/2012
OverheardWall Street Journal 12/27/2011
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