http://www.nytimes.com/2010/11/29/world/29cables.html?pagewanted=1&_r=1;_r=1;hp?src=ISMR_AP_LI_LST_FB
The U.S. is having some serious public relations issues right now. Mistakenly Wikileaks let out hundreds of pieces of information that are not looking so good. Countries are becoming overwhelmingly upset with the United States behavior recently and a mistake like this is going to hurt the country big time. The United States relations with it's citizens and it's allies are not looking good right now.
Monday, November 29, 2010
Tuesday, November 16, 2010
Unlikely Jobs Will Increase
http://www.nytimes.com/2010/11/16/business/economy/16exports.html?ref=us
In the past when currencies weaken it often correlates with an increase in exports and indirectly creates jobs. The economic policy the federal government has implemented is artificially doing this in hopes to create more jobs. According a post in the NY Times it's not looking so well. Unemployment is at 9.6% and with Obama going to other countries explaining how are goal right now is to fix it, he better figure out if this policy is going to backfire and soon. Countries are becoming uneasy with the United States and with the large amount of debt we already owe, it would be a good decision to avoid conflict.
Sunday, November 7, 2010
US Making Some Questionable Decisions
http://www.nytimes.com/2010/11/07/business/07currency.html?_r=1&ref=business
This past week it was announced the fed will buy 600billion in debt. The philosophy behind this is that buying the debt will drive down long term interest rates and increase borrowing and economic growth.
Many of our foreign partners are becoming overwhelmingly concerned with these tactics. Take for instance China, who the US has been criticizing for improperly keeping the value of their currency down. How can we expect to not receive negative remarks when we are doing something so similar?
In my own opinion the US needs to pay attention to the economic transformation Britain is undergoing with it's new prim minister David Cameron. Following economic theories of Margaret Thatcher, Mr. Cameron is doing what Britain needs most. That is to stop governmental spending, stop government run jobs and to lower taxes. This directly effects the people but gives them the resources to build an economy off of true democracy. The will to build small businesses and reduce the sanctioning of the country.
This past week it was announced the fed will buy 600billion in debt. The philosophy behind this is that buying the debt will drive down long term interest rates and increase borrowing and economic growth.
Many of our foreign partners are becoming overwhelmingly concerned with these tactics. Take for instance China, who the US has been criticizing for improperly keeping the value of their currency down. How can we expect to not receive negative remarks when we are doing something so similar?
In my own opinion the US needs to pay attention to the economic transformation Britain is undergoing with it's new prim minister David Cameron. Following economic theories of Margaret Thatcher, Mr. Cameron is doing what Britain needs most. That is to stop governmental spending, stop government run jobs and to lower taxes. This directly effects the people but gives them the resources to build an economy off of true democracy. The will to build small businesses and reduce the sanctioning of the country.
Monday, November 1, 2010
Nokia Takes Risks
http://www.nytimes.com/2010/11/02/technology/02nokia.html?_r=1&ref=global
As most cell phone providers are marketing towards wealthier countries, Nokie is taking a different approach. The rounound cell phone company plans to expand it's new program "Life Tools" to, believe it or not, Nigeria. Nigeria is nore heavily populated than any other place in Africa however the article states only 20% of the country has cell phones.
As most cell phone providers are marketing towards wealthier countries, Nokie is taking a different approach. The rounound cell phone company plans to expand it's new program "Life Tools" to, believe it or not, Nigeria. Nigeria is nore heavily populated than any other place in Africa however the article states only 20% of the country has cell phones.
Apple Expands It's Marketing
http://www.businessweek.com/news/2010-10-25/apple-enlists-unisys-to-help-with-corporate-customers.html
Apple has decided to expand in the business sector. A new contract with Unisy is now going to targer businesses, by offering tech support and reliability with Apples products. Most companies are still PC dependent, and Apple believes with recent technological innovations it will only benefit companies.
Apple has decided to expand in the business sector. A new contract with Unisy is now going to targer businesses, by offering tech support and reliability with Apples products. Most companies are still PC dependent, and Apple believes with recent technological innovations it will only benefit companies.
Russia Catching on
http://www.nytimes.com/2010/10/05/technology/05iht-vimpel.html?_r=1&ref=global
Increasingly, over the past few years, companies are finding opportunities in the global market. It is clear consumption is becoming globalized and even countries like Russia are catching on. Russia is most definitely not a leader in technological trends, in fact it often is one of the worlds slowest to adopt. Recently a major cell phone company, VimpelCom, entered the Russian market. A new deal will set VimpelCom up to distribute sales in over 20 different countries and hopefully doubling it's users.
Increasingly, over the past few years, companies are finding opportunities in the global market. It is clear consumption is becoming globalized and even countries like Russia are catching on. Russia is most definitely not a leader in technological trends, in fact it often is one of the worlds slowest to adopt. Recently a major cell phone company, VimpelCom, entered the Russian market. A new deal will set VimpelCom up to distribute sales in over 20 different countries and hopefully doubling it's users.
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