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Both American and Canadian media have showcased the new wave of ethnic Barbie-sized dolls. The culturally-attuned figurines fill the gaping void in a transforming consumer base. Dark-skinned dolls with Aryan noses, Elizabethan hips, and Caucasian hair fail to capture the magic that Barbie has brought to little white girls for over 50 years.
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The BRICS countries have recently started a new bank called the New Development Bank. Starting with an initial capital base of US $50 billion that is predicted to increase to US $100 billion, the bank's responsibility will be to finance infrastructure needs in the BRICS countries as well as other developing countries.
The acronym BRICS stands for the group consisting of Brazil, Russia, India, China and South Africa. If predictions are true, Iran and Turkey may soon join, creating BRICSIT. Increasing trade among these economies may be bad news for the U.S. dollar.
These flows provide us with access to key resources, fast-growing markets and allow for production systems that are better aligned to country or regional economic attributes owing to the efficiencies of global supply chains. As such, it is essential to keep a close eye on global investment movements. What can we say about recent activity?
Canada has long been a country with a high degree of sensitively -- and astuteness -- about status in the world. The sharing of some embassy services between Canada and the U.K. has already received a lot of attention. In geo-political hierarchical terms, the main risk of Canada cutting rather than building diplomatic infrastructure is that it plays to an image of decline that is contrary to the desire of the Harper government. An agreement with the U.K. then risks displaying not strength but a double image of weakness.
The first day of the French G20 is a good indication the U.S. is losing its dominant role -- and even strong interest -- in the G20. By way of contrast, with the pivotal role that the U.S. enjoyed in...
Emerging economies have numerous leaders visiting them in efforts to hitch onto success and it is a very good sign that Canada is in the mix. Yet when the troubles hit, Canada will likely to return to established friends -- even when those friends have precipitated risky economic activity.
Yao Ming's legacy will be a double barrier breaker: as a catalyst for basketball's global appeal and as a non-Western star who is willing to commit himself to not only the pursuit of private gain but issues aimed at the enhancement of the public good.