Word: investingations
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In India, that means investing in systems that retailers take for granted in other countries. To ensure refrigeration units keep humming during the country's frequent power outages, Reliance is installing diesel generators not only in all its shops but also at its rural collection hubs, where farmers bring their...
Expect more protests, and further political waffling-especially on the issue of foreign chains investing in India-even as the benefits of the revolution become apparent to ordinary consumers. Reliance says it has cut spoilage and wastage in places like Bangalore to less than 5%. The federal government is contemplating...
But the Chinese government, however subtly, is clearly trying to convey the message that the stock market isn't a casino, it's a long-term way to build wealth. CCTV, the government-controlled television network, ran a long interview this week with a pleasant, gray-haired retiree named Guo...
Consider what happened the first time the nations of the Persian Gulf found themselves in a dollar gusher, during the oil crises of the 1970s. They handed back much of that money to Western banks, which loaned it out to developing countries that couldn't repay it. Then, in the...
Until last year, partly as a result of the dollar-investing disasters described earlier and partly because most foreign investors preferred safe but low-yielding bonds, Americans earned more on their investments abroad than foreigners made here. This meant you could argue that our nation's decades-long spending binge...