From its beginnings in 1843, when The Economist newspaper was founded by a Scottish hat manufacturer to further the cause of free trade, The Economist Group has evolved into a staunchly independent global media and information-services company with intelligent brands for an international audience.
According to many forecasters, China is moving towards making the yuan a fully fledged reserve currency so as to rival the dollar and the euro. China’s policymakers are still undecided on the matter, however – as they often are with regard to freeing finance. On the one hand, restricting the flow of money into and…
When Hewlett-Packard announced it would no longer be competing in the tablet computers and mobile phones arena, the world entered into a state of disbelief. However, HP saw what many others hadn’t yet: that the tablet market does not exist. A market for Apple’s iPad exists – as a function of how well this device…
In her campaigning efforts, Angela Merkel has been encouraging voters to think positively, and that the “currency is stable.” However, not all of her supports are convinced. Not only this, but a larger cause for concern for Merkel is the increasing degree of dissent among her allies. The most legitimate cause for the concern, however,…
In 1993, two cities in China bravely chose to ignore doctrine, old laws, and 40 years of failed policies, in the hopes of developing a better approach to managing their economies. Their solution? They decided to privatize many of their companies, and subsequently began one of the Chinese state’s first attempts to change its relationship…
Lunar, our moon can be described as somewhat bipolar, as it’s two faces appear absolutely nothing alike. The part of the moon’s surface facing earth is characterized by a dark, smooth expanses of ancient, frozen lava. However, the far surface of the moon (the one we never see) has been established by astronomers as strikingly…
As a result of regulatory haste and a lack of long-term vision on the part of the Federal Communications Commission (FCC) and former satellite operator SkyTerra (LightSquared), GPS coverage of America may soon go bust. What would this mean for the country? Airlines can expect endless series challenges with regard to navigation. Motorists, boat-owners, television…
