Trade Wars Redux: King Cotton Always Wins

Today, the US is once again entangled in the politics and economics of cotton. The United States has announced that it is prepared to ban cotton and tomato imports from China’s Xinjiang over allegations of forced labor. The irony lies in that the world’s once largest economy, built on forced labor in cotton production, is…

Re-Orienting the Philippines

Despite the worldwide boom in Covid-19 cases in the early part of the year, the Philippines infection rate remained relatively flat. Only in recent times has the archipelago seen an increase in cases, spiking in August with over 55,000 cases. Those are still conservative numbers, even for a nation with a population of just over…

Row Over ECO Currency Reveals External Controls

The latest developments coming out of Africa further solidifies the notion that the currency tides are turning. It was only a few decades ago that the U.S. Dollar and Oil/Dollar reigned supreme, despite its lack of actual intrinsic value. It is important to note, that in 1971 when former U.S. President Richard M. Nixon un-pegged…

A Cost the World Can No Longer Afford

On the first week of a new year and a new decade, one of the largest economy in the world indirectly attacked the 26th largest economy by killing one of its most beloved generals. The Iranian general Qasem Soleimani was killed in an airstrike in Baghdad, Iraq just three days into the new year. Incidentally,…

National Health the Superpower of Growing Nations

Few people realize major financial and social toll of the large scale humanitarian crises that we gawk at daily on our televisions or smart phones.  We do not fully understand the generational trauma being inflicted by needless skirmishes, years of infrastructural and financial deprivation and the escalation of petty domestic conflicts that rob businesses and…

Saving the Dollar: Shifting Priorities in a Dying Monetary System.

It looks like China has beat the U.S. to the punch once again, devaluing its currency to just above its customary 7:1 ratio. The move is key in the equilibrium of the money ratios that determine the costs of goods and services. It is key to view the developments with the understanding that U.S. talks…

Crimea Refocuses on Tourism in Push for Economic Diversification

When the tiny 10,000 square mile (27 km) peninsula known as Crimea fell into political unrest, its future was in doubt.  The row which started in the aftermath of an election pitted Western powers against Russia in what became a standoff over time.  Despite its elections to the contrary, the official record for the U.S….

Making Small Farmers Count

In January of this year, Hawaii extended a series of workshops for the specialty crop block grant and marketing assistance programs. The workshops were in response to funds released by the U.S. Farm Bill and the U.S. Department of Agriculture (USDA) to make local farmers internationally competitive in the area of specialized crops. The six…

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…

Immigration: A Historic Cost in Dollars

As the world continues to connect via globalization, advanced communication and travel, immigration has continued to rise. Most notably immigration has rose exponentially in European and Western enclaves around the world. “You should see Paris now, it’s little Africa.” She said with a chuckle. The francophone African woman I was interviewing for a story was…

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…

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…