East vs. West: A Clash of Civilizations

In an unusual turn of events, the European Union, led by Germany has determined to sanction Russia over unconfirmed suspicions of misconduct in mid October, 2020. The EU, guided by what has been termed a Franco-German plan, issued sanctions against the Kremlin for the suspected poisoning death of Moscow detractor, Alexei Navalny. The stunning move…

Clashing Elites: Failure and Fortune Re-Imagined

The trillion dollar stimulus package that has primarily gone toward bailing out American industry, was financed by its major debt-buyers, like Japan, UK and China. The US is once again selling debt through the Federal Reserve to to stabilize the US economy, other Western nations will likely follow suit– just as bad debt was sold…

2019 Year In Review

With just days before the new year, everyone is preparing their resolutions, taxes and end of year party plans. While we are eager to look forward, let us also learn the lessons of the past with a brief look back as we close out the year with the 2019 Year in Review: US-China Trade War…

Haiti: An Opportunity Missed

It has largely been the victim of those who came to “save” it from recent misfortunes. The imperative to create more inclusive systems of economic, trade and finance beckons even more.

The Economics of Dominance: A New World Order

Just when it seemed a comprise had been reached between China and the US on trade; there was the arrest of Huawei CFO Meng Wanzhou. Arrested in Canada for extradition on December 1, Meng faces charges levied by the US Justice Department. The unusual case has come under scrutiny and garnered nervous murmurs from sectors…

The Korean Quotient: Hedging Bets in Asia

With just 22 percent of its topography composed of arable land, South Korea is a nation of hills and mountains. Island nations and nations with little arable land must often balance between domestic production and international imports to feed its citizens and maintain prudent import/export levels. While rice is the Republic of South Korea’s (ROK)…

The Asian Dream: Vietnam’s Rise From Ruin

It is hard to believe that just 45 years ago, Vietnam was reeling from a long bitter war with U. S., the most powerful nation on the planet at that time.  In March of 1973, the last US troops withdrew from Vietnam and former U.S. president, Richard M. Nixon is reported declaring, “the day we…

The West and the Rest: Growth and A Green-Eyed Monster

“The West vs. The Rest,” a term coined from the ideology of famed political science professor Samuel Huntington, seems to be a growing phenomenon in the world today. In Huntington’s book, the Clash of Civilization, he appeared to be more narrowly focused on the rise of the Mideast, rather than the growing dichotomy that has…

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…

Is NAFTA a Roadmap for Africa’s Continental Free Trade Agreement?

The deadline to renew the North American Free Trade Agreement (NAFTA) is set for the end of March; but it is currently under renegotiation, with the U.S. and Canada making some of the biggest changes. The current administration has been skeptical of NAFTA’s economic benefit; with experts also disagreeing over how effective the agreement has…

Nigeria, Rebuilding Momentum in the World Economy

In 2012 Nigeria generated nearly 150 billion in exports; but in just a over a year, trade had dropped by nearly half, at 90 billion.  Few know that the United States is Nigeria’s largest export destination receiving much of its revenue from oil and crude.  While many Nigerians blamed the precipitous drop that rocked the…

#AfriCapitalism: Does African Currency Matter?

Waiting to pay my bill in Ghana, I rummaged through my purse and my pockets.  Oh, no!  I hadn’t any more Ghana Cedis.  I was in the West African nation of Ghana, and I had run out of Cedis (the national currency).  All I had were dollars and at present there was no place to…