Article Index
Europe
Why Isn't Credit Education Taught Here?

As the European Union grows, so does the availability of banks to its residents.  There are a number of Western banks that have recently set up shop, expanded, or are discussing the move into Eastern Europe.  While there is an economic boom occurring at the moment in Eastern…

Surfing the Web in China

We all know that the Internet has become a significant part of our daily lives here in North America. But did you realize that China has the second largest number of Internet surfers in the world only after the United States? With just over 100 million people surfing…

The Pressure Will Continue to Rise

Without losing face, China bent somewhat to political pressure from the United States and Europe, and began what may eventually be a global devaluation of its currency, the yuan.  Last Thursday, China, in the face of political pressure, decided to adopt a more flexible exchange system for its…

Take a Break, Will You!

Here in Toronto, there's no mistaking that it's now summer. During the past week, Torontonians have been sweating through a heat wave with record temperatures in the mid-30°C range (that's about 95°F, before humidity, for all our readers in the United States). The one thing summer means for…

What Will Happen to the Markets?

After Thursday's bomb blasts shocked the streets of London, the Street had its own scare. The markets (Dow, TSX, FTSE, and NYSE) were obviously initially shaken by the terrorist attacks, not unlike we saw on 9/11. However, by the end of the day, the indices had taken the…

Be Careful What You Wish for

The U.S. economy has been the brunt of a lot of bad news recently. Take a look at the Wall Street Journal or just about any other popular source for financial information, and you can see reports of doom and gloom for the future of the American economy…

What Kevin Told Me Last Weekend

When my friend Kevin, a research engineer at a major Tier-2 automotive parts supplier, called me from a business trip in Germany this weekend to tell me that German Chancellor Gerhard Schroeder had announced that he wished to hold early elections, I couldn't help but wonder how this…