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"Made in Japan" Is Now Big in China

Manufacturers in industries that had long been fleeing Japan say the country looks attractive again thanks to demand from consumers in China and other Asian markets, a sign of how the rise of the middle class is reshaping the region......»»

Category: topSource: wsjAug 29th, 2018

Middle-Class Kingdom: Made in Japan Is Now Big in China

Manufacturers in industries that had long been fleeing Japan say the country looks attractive again thanks to demand from consumers in China and other Asian markets, a sign of how the rise of the middle class is reshaping the region......»»

Category: topSource: wsjAug 29th, 2018

Which Country Has Top Air Force? China Edges Toward U.S. and Russia With Latest Weapon, Report Says

The J-20 fifth-generation heavy stealth fighter brings China into a class only occupied by the world's leading military powers: the U.S. and Russia......»»

Category: topSource: newsweekJun 23rd, 2018

Migrant remittances a big business in cash-starved Venezuela

As the number of Venezuelans fleeing their country's deepening economic and humanitarian crisis climbs, a burgeoning lifeline for those back home is emerging — remittances......»»

Category: topSource: foxnewsMay 23rd, 2018

Venezuela Ditches US Dollar, Will Use Euros For International Trade

Venezuela has just taken the next step in its quest to "free" itself from the tyranny of US dollar hegemony. One year after the country said it would stop accepting US dollars as payment for its (ever shrinking) oil exports (saying the country's stat.....»»

Category: blogSource: zerohedge1 hr. 44 min. ago

Exclusive: Shell seeks to sell Venezuela JV stake to France"s Maurel & Prom - sources

Royal Dutch Shell Plc is negotiating the sale of its stake in a Venezuelan oil joint venture to Paris-based Maurel & Prom , three sources said this week, a move to scale down its crude business in the ailing OPEC-member country to focus on gas......»»

Category: topSource: reutersOct 11th, 2018

The Post-Fiat World Begins: Venezuela"s Cryptocurrency A Necessity To Obtain A Passport

The case for cryptocurrencies sure looks to have gotten stronger over the past week and Venezuela's "Petro" looks like it may be the concept's first "beta test" on a country-wide scale.   We recently reported that the Yale endowment had i.....»»

Category: blogSource: zerohedgeOct 6th, 2018

Downward mobility: Where middle-class kids are worse off than their parents

In some parts of the country, middle-income children tend to end up much higher in the income distribution than their parents were. In others they tend to end up worse than their parents. Sometimes, significantly so......»»

Category: topSource: washpostOct 2nd, 2018

Venezuela doubles down on Chinese money to reverse crisis

Venezuela is leaning heavily on new investments from China, saying they will dramatically boost oil production and turn around the country's crashing economy......»»

Category: topSource: foxnewsSep 18th, 2018

China Offers Venezuela $5 Billion Loan To Support "Ideological Ally" Maduro

For a brief period earlier this year, it appeared that Beijing had finally had enough of supporting its "ideological allies" in Caracas when it decided to limit its "exposure" to Venezuela after the country struggled to make interest payment.....»»

Category: blogSource: zerohedgeSep 13th, 2018

Tire maker Pirelli abandons Venezuela, adding to business exodus

Manufacturer Pirelli said on Friday it had ceased operations in Venezuela, selling its car tire factory for an unspecified amount and adding to the flood of foreign businesses abandoning the crisis-wracked country......»»

Category: topSource: reutersSep 7th, 2018

Ken Rogoff Exposes The Regional Costs Of Venezuela"s Collapse

Authored by Ken Rogoff via Project Syndicate, The refugee crisis generated by the country's economic implosion is comparable to that in Europe in 2015. In response, US President Donald Trump has floated the id.....»»

Category: blogSource: zerohedgeSep 5th, 2018

Conoco waiting for Venezuela to pay $2 billion settlement: CEO

U.S. oil producer ConocoPhillips is still awaiting payment from Venezuela on a $2 billion arbitration settlement reached last month with the country's state-run PDVSA, Chief Executive Ryan Lance said on Wednesday......»»

Category: topSource: reutersSep 5th, 2018

What Can Generation Z Expect From Social Security When They Retire?

Can today's teens and young adults count on Social Security during their golden years?.....»»

Category: topSource: foxnewsSep 1st, 2018

Schools Crack Down as More Students Cut Class

The growing problem of children skipping school has districts across the country experimenting with solutions, from punishments to rewards. But educators are divided about what approach works......»»

Category: topSource: wsjAug 30th, 2018

Arizona could see influx of Chinese tourists

With a growing middle class and strong economy, residents of China are getting the travel bug, and Arizona is putting in efforts to lure visitors from the world's most populated country, according to a report from KJZZ-FM. Last year, Chinese visito.....»»

Category: topSource: bizjournalsAug 29th, 2018

Venezuelans flee country to escape economic and humanitarian crisis

Hundreds of Venezuelans are fleeing the country in an effort to escape an ongoing economic and humanitarian crisis there. Katy Watson from our partner BBC News is following this story......»»

Category: topSource: moneycentralAug 23rd, 2018

Australia bans Huawei from its next-generation wireless network

Huawei said that Australia barred it from supplying technology for the country's 5G wireless network......»»

Category: topSource: washpostAug 23rd, 2018

Australia bans Huawei from its next-generation wireless network

Huawei said that Australia barred it from supplying technology for the country's 5G wireless network......»»

Category: topSource: washpostAug 23rd, 2018

Australia bans Huawei from its next generation wireless network

Huawei said that Australia barred it from supplying technology for the country's 5G wireless network......»»

Category: topSource: washpostAug 23rd, 2018