June 27, 2019 · 3 MIN READ
One of the biggest stories in Asian business is China’s “Belt and Road” Initiative, President Xi Jinping’s signature foreign policy venture that aims to redraw global trade routes. It is estimated to cost more than $1 trillion USD, making it arguably the largest overseas investment programs ever undertaken by a single country. This could likely change the global eco-economic and geopolitical balance of power.
Apr 20, 2018 · 4 MIN READ
On Saturday, March 17, 2018, The New York Times first reported Cambridge Analytica ‘improperly’ harvested millions of Facebook users’ data. Facebook says as many as 87 million people may have had their data accessed. Facebook’s CEO Mark Zuckerberg responded to the situation. “We have a responsibility to protect your data, and if we can’t then we don’t deserve to serve you.”
Mar 11, 2018 · 2 MIN READ
China’s legislative body, the National People’s Congress, has voted overwhelmingly to remove presidential term limits from its constitution, giving President Xi Jinping “the right to remain in office indefinitely.” The vote was widely regarded as a rubber-stamping exercise. Two delegates voted against the change and three abstained, out of 2,964 votes.
Mar 5, 2018 · 2 MIN READ
Tariffs are a political tool that has been used throughout history to restrict the flow of imports into a country. A defiant President Trump tweeted on Friday, March 2, 2018, “trade wars are good, and easy to win”. China has clearly indicated that if necessary they will take action.
Dec 23, 2016 · 4 MIN READ
This image of the Korean Peninsula at night is a graphic visualization of the huge gap in economic development between North and South Korea. We see with even more clarity the isolation of North Korea in direct contrast to the prosperity of the South.
Jan 04, 2018 · 4 MIN READ
The Walt Disney Co. has recently announced that it had reached a $52.4 billion deal to acquire the bulk of 21st Century Fox assets. The Disney-Fox deal will also give Disney a majority control of the video streaming service Hulu. Some of the classics 20th Century Fox movie studio has produced include Titanic, the original Star Wars film, and Alien. After this deal goes through, Disney will own the rights to every Star Wars.
Jan 03, 2018 · 3 MIN READ
After the Korean War came to an end in July 1953, North Korea signed a massive trade deal with Sweden in an effort to rebuild their economy and to become more independent functioning state. Sweden became the first western country to open an embassy in North Korea in 1975.
Jan 03, 2018 · 4 MIN READ
On December 14, the FCC voted to repeal the net neutrality rules that were put in place in 2015. The vote to repeal came in despite overwhelming public support for a free and open Internet, as the FCC was clearly determined to move ahead with the repeal. So what will the future look like without Net Neutrality?