Slow Death of Fiat Currency Fuels New Gold Rush

It was recently reported that Russia had heavily divested from American debt, with holdings falling by half in April 2018 according to data released by U.S. Treasury Department. The former Cold War Super Power is following suit with China and buying Gold. Readers will also note that China too has heavily divested from American debt…

Global Goals: How a U N Overhall Can Increase the Peace and Profits

The UN Security Council held its first meeting in London in 1946, since that time the security council has taken on various responsibilities that often dictate the security measures throughout the world. What makes the Council so important, is that out of 193 member counties in the world, only five nations, China, France, Russia, the…

Turkey: Innovative Trade Hub of the Future

In 2013 Turkey’s Simplified Customs Corridor with Russia amassed a trade volume of $100 million dollars, by 2015 the trade volume had rose by nearly 50 percent to 142 million dollars.  The rise in trade volume for this voluntary agreement signed in 2008 helps exporting companies simplify customs procedures.  Due to its key position in…

Globalization and Labor: Gigs Grow As Stability Falters

In 2017, there were nearly 600 million entrepreneurs recorded, according to figures from the Global Entrepreneurship Monitor (GEM).  There are an estimated 27 million in the United States alone,  0.05 percent of that giant worldwide figure.  While the signs of growing entrepreneurship seem encouraging, are they indicative of a much larger issue throughout the world? …

A Trade War of the Worlds

In 2014, China held over a third of U.S. debt, amounting to nearly 18 trillion USD.  In just four years, that number has dwindled to a paltry 1.18 trillion, due in large part to China’s rapid sell-off of American currency.  In the past, nations sought U.S. dollars as a guarantee to ensure fiscal stability due…

Angola and The Changing Face of Debt

In early February 2018, Angola signed a 70-million-dollar agreement with the World Bank to develop the nation’s local economy.   The loan is specifically targeted at infrastructure construction of medical centers, staff residences and other public works. The African nation has unsuccessfully sought to attract investors and appears to be turning its aspirations inward.  Like many…

Panama’s Multinational Future

The Panama Trade and Investment Agency (PROVINEX) hails itself as the “Ultimate Destination for Multinationals investing in Latin America.”  For many developing economies, attracting foreign investment has been the primary goal.  According to figures released by PROVINEX, more than 140 multinationals have invested in the Latin American nation since 2007.  It’s top three investors being…

Growth Powers Belt and Road

China and the US in the recent G20 Summit traded barbs regarding China’s Steel overcapacity which is having a drastic impact on the world steel market.  The US particularly sees the PRC’s steel over production  as a threat to its own industries.  However this is also complicated by the socioeconomic changes within the US in…

Constructing the Future

The construction field is a unique one—highly politicized and often a struggle for smaller contractors to gain headway into the market.  When I was growing up in the Midwest, as an African-American, I can remember the consistent complaint from construction companies of color for the lack or absence of government contracting awards.  It was a…

Business Sense: Not All Advice Is Created Equal

I used to think that doing business was reserved only for a certain sector of people. This is not to say that my own extended family was deep in the business of business. However, it always seemed an untenable goal—and more importantly one to which I did not aspire. But pretty soon, I acquired the…