Monthly Archives: January 2009
Singapore determined to master the storm
Read the updated version on my new blog: http://www.whatmattersweblog.com/2009/02/20/singapore-determined-to-master-the-storm/ Given these turbulent economic times, it’s not surprising that the Southeast Asian city-state of Singapore is also suffering from a deep recession. Global demand for Singapore’s exports and services has … Continue reading
Filed under Economy, Global Issues
being confronted with the reality of the global crisis, Dubai delays the “one kilometer tower”
you might also be interested in: Abu Dhabi and Daimler teaming up: oil, electric cars, eco-cities and lots of money Dubai has become a synonym for superlatives. The bustling city on the coast of the Persian Gulf emerged into … Continue reading
Filed under Economy
giant solar power project in China
China has become a country with an apparently insatiable appetite for energy. Although China’s economy is slowing as the global meltdown crushes demand for Chinese goods, Chinese energy companies are busy importing ever more oil and coal and other commodities. Dependence … Continue reading
Filed under Economy, Environment
no party atmosphere in Detroit, but numerous electric cars
This year’s North American International Auto Show in Detroit is less glamorous than last year’s since the Big Three U.S. car makers are struggling to survive and even the industry leader Toyota will post an operating for the first time in … Continue reading
Filed under Economy
grim outlook for the container shipping industry
The long-lasting boom in the container shipping industry ended abruptly last year when first high freight rates caused by record-high oil prices lowered demand and prompted companies to relocate production capacities closer to big consumer markets and towards the end … Continue reading
Filed under Economy, Global Issues
electric cars: it’s all about the batteries
The German carmaker Daimler that produces Mercedes-Benz luxury sedans as well as the microcar Smart recently teamed up with Evonik Industries to produce high-capacity lithium-Ion batteries for use in hybrids and electric cars. Daimler now also considers selling batteries to other car … Continue reading
Filed under Economy
2009: year of change, challenges and chances
2008 just ended and will be remembered as the year when the financial crisis rooted in risky mortgage lending turned into a global economic crisis. In today’s globalized world, the crisis spread from the U.S. housing market to almost all … Continue reading
Filed under Economy, Global Issues, Politics, Uncategorized
