If a country had the most-restrictive regulations on foreign direct investment (FDI) of 55 nations studied, where do you think it would rank among those nations in terms of actually attracting investment from abroad? If you said “First,” you obviously would be flaunting conventional economic theory and engaging in highly counter-intuitive speculation. Further, […]
Maybe the solution to the Euro crisis cannot be found in politics, economic, finances, but in soccer. The Euro 2012, taking place this month of June in Poland and Ukraine, has offered the opium needed to the peoples of Europe. The final four counts Spain, Portugal, Italy, and Germany, meaning that at least one of […]
Standard and Poor’s rating agency has lowered the credit ratings of 9 eurozone members, including formerly AAA-rated France and Austria. The move is significant, affecting as it does the future of the eurozone’s bail-out fund, the French presidential election, the roll-over of existing European sovereign debt, and more. However, the downgrade is not really a […]
Sounds like a great vacation. (It is. I’ve been there a couple of times.) But the Portuguese are putting their ocean waters, abundant wind and sun to another use as well: producing renewable energy. Libby Rosenthal had a characteristically interesting and informative article in the NYT last week on Portugal’s inspiring push to provide 45% […]
Hong Kong magnate Stanley Ho is at it again. Not formulating a “Ho Plan” for Hong Kong energy security that centers around wind power, as the growing similarities between him and T. Boone Pickens might suggest. Stanley Ho’s investment du jour, while on par with his recently established eco-trend, will not be in Asia. Rather, […]