Economy

Big Spender Meets Big Saver

by Adrian Ineichen The Great Contrast Recently, President Obama travelled to Asia and visited Japan, the APEC summit in Singapore and went to China and Korea. The contrasts were stark, particularly in China: here comes the representative of the world’s most powerful democracy whose people save on average 3% of their disposable income (at some […]

Has Internet Gambling Folded for Good?

by Henry Hensley Many are citing the recently passed Unlawful Internet Gambling Enforcement Act as the death knell for online gambling. While American-based casinos and bookmaking operations have long been prohibited from operating online, the law serves as an enforcement tool against overseas operations. The Act prohibits financial institutions from processing transactions between U.S. customers and […]