The recent surge of the U.S. dollar against other major currencies - most notably the euro due to Greece’s financial woes - could potentially be severely damaging to the American economy.
The strengthening of the dollar is obviously not accompanied by a strenghtening of the overall economy. Unemployment is still at 9.7%, President Obama just recently proposed his $ [...]
Can politicians lead a global transition to a low-carbon economy of the future? I have my doubts.
More than 12 years after the adoption of the Kyoto Protocol on December 11, 1997, no measures have been implemented to effectively reduce global emissions of greenhouse gases. Despite the perceptible surge of green enthusiasm among world leaders. It [...]
A recent study by the UK Energy Research Centre warns that global oil production will peak in 2020 by the latest and start declining sharply.
If Peak Oil were still more than a decade away, we`d be extremely lucky. Global oil reserves are not endless. But there´s still plenty of oil in the ground. The problem, however, [...]
These are likely the final days of GM as we know it today. Immense structural changes are going on in the global auto industry right now (the fundamental transition of the auto industry , Auto Industry in Transition II , Auto industry in transition III), mergers, acquisitions are changing the game for the remaining competitors while others [...]
