Since 2014, the Chinese economy has been the first global GDP calculated in purchasing power parity (PPP) and the gap has widened steadily with the United States: 19.2% of world GDP against 15% for its rival. Since...
The popular press is full of articles about how automation destroy jobs. It seems so intuitive, capital, in the form of technological advancement, replaces labor. In response to claims that low wage economies, like Mexico...
When a cosmic event starts appearing in ad campaigns, you know it’s something big and on everyone’s mind. The total solar eclipse on August 21 has a cameo in an advert for Apple’s virtual assistant...
Americans have a saying about an 800-pound gorilla in a room. It refers to a person or organization so powerful that it can act unilaterally. The British have an expression about an elephant in a...
Geopolitical crises and epidemics haven’t stopped the global economy from expanding by some 3 percent in 2014. But what’s in store for 2015 – a new debt crisis, or a perhaps a crash in China?...
German industrial companies now consider investing overseas – to build new operations or expand existing ones – more attractive than investing at home. China retained the top spot for the third year in a row....