Boy with starry sky

The Global Space Economy is Taking Off Like a Rocket

Until recently, the gains from commercial use of space manifested primarily in the growing use of satellites that enable precise navigational maps in your car and the dish on your roof to channel satellite television into your home. A new era is dawning in which private companies routinely launch payloads into space. We’re a long way off from having the framework of rules we might need here on Earth to accommodate the take off of the global space industry.

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Pickpocket stealing a mans wallet

How Does China Cheat? The White House Counts the Ways

In its June 2018 report, the White House creates a taxonomy of ways the Chinese government acquires American technologies and intellectual property to aggrandize Chinese productive capabilities, stand on the shoulders of American innovation, siphon information from open and proprietary sources, and enlist Chinese nationals to accrue knowledge through research arms of universities and companies in the United States.

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NAFTA milk

Will the U.S. and Canada Cry Over Spilled Milk in NAFTA?

Production limits and price-setting means Canadian milk drinkers pay significantly more than they would in a free market. Conversely, for certain lucrative and in-demand dairy product ingredients, Canadian dairy boards have set prices at or below international market prices. U.S. and other global dairy farmers have argued this offers Canadian exports an advantage in third markets, while driving global prices and farm receipts down. Will NAFTA 2.0 change any of this?

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China is Outpacing and Outspending the U.S. in Diplomacy and Development

At the same time the United States is considering cutting funding for diplomacy and development by 30 percent, China doubled its diplomacy budget over the last five years, proposing to increase its foreign affairs budget by 15 percent in 2018 alone.

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kardashian app feature image

Kardashians Kash in on the App Economy

The Kardashians continually extend their dynasty, promoting their own products while recommending others on social media using Snapchat, Instagram, and Twitter. They've also created their own apps, in their own images, to push their own line of products. Love them or hate them, the Kardashians' countless business ventures are stimulating both the global app economy — and the larger world economy.

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Tying the Knot is a Global Trade Affair

Holding your wedding in an exotic foreign destination offers local vendors, from the receptionist in a tourist eco-lodge, to the caterer, local guide services, bands, and the travel agencies that booked transportation for the wedding party, the opportunity to become services exporters in global trade.

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poker

Trump Upped the Ante in High Stakes Game of Tariff Poker

The biggest chunk of tariffs in the Great Tariff War of 2018 is between the United States and China, beginning with two rounds of tit-for-tat tariffs worth around $50 billion against one another. The United States just raised on the ante by another $200 billion. China will not fold; they will go “all in” in this poker game, but we don’t know what that means yet as they hold their cards close.

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retro woman convertible

Did China Kill the Convertible Car Market?

Driving with the Top Down If you’re a movie buff like I am, you’re familiar with recurring scenes in old Hollywood films of a footloose American driving the California coastline in a bright-colored convertible with the top down, hair blowing in the wind. Driving a convertible on the open road is a quintessential American experience. […]

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Industrial robotic arms

Why Does Everyone Hate Made in China 2025?

Made in China 2025 calls for achieving “self-sufficiency” through technology substitution while becoming a “manufacturing superpower” that dominates the global market in critical high-tech industries. That could be a problem for countries that rely on exporting high-tech products or the global supply chain for high-tech components.

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couple on beach

“Tour and Cure”: The Rise of Medical Tourism

Whether you’re in need of a new dental crown, a facelift, fertility treatments, or a new heart valve, there are doctors and hospitals around the world who would gladly treat you, exporting their health services by offering top-of-the-line facilities with the newest technology, Western-trained doctors, comfortable stays, and reasonable bills.

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