In Richistan, I wrote about a new political divide emerging among the wealthy. While most Lower Richistani’s ($1 million to $10 million in net worth) were voting Republican, most Middle-and Upper Richistanis (those worth $10 million plus and $100 million plus) were voting Democrat.
Lower Richistanis tended to vote almost exclusively based on taxes. But Upper [...]

Coke’s juicy M&A plans have already been raked over in the press. But next it is likely to be raked over by Chinese anti-monopoly officials (amongst others). As AP reports:
“Coca-Cola’s $2.5 billion offer…for China Huiyuan Juice Group Ltd. already has stirred nationalist opposition. Comments posted on Chinese Web sites criticized the sale as the [...]

The Obama campaign has a new answer for the wealthy who complain about the candidate’s plans to raise their taxes. Barack Obama isn’t going to do it for income redistribution or to play populist politics or even to fund the increasingly gaping hole in government financials, according to the new tack. Instead, he is doing [...]

While China has been in the WTO since December 2001, it has only now had the first case (the background to which we reported here in September 2006) found against it, as PA reports:

“The World Trade Organization made public its first official condemnation of Chinese commercial practices on Friday, releasing a February ruling that sided [...]

Considering our proximity to Hong Kong, mediocre Cantonese cuisine seems to be the rule of thumb around here. ??? (“tea canteens”) in the true Hong Kong fashion are few and far between while the better of dim sum restaurants are so crowded that by the time you secure a table, the Shanghai Expo would have [...]

You’ve whipped up a perfect picnic spread, complete with your famous flourless chocolate cake for dessert. So why serve such a feast on flimsy white paper plates? These pretty picnic plates from Working Class Studio are both sturdy and smart looking, come in designs to suit every taste, and will serve as the perfect platform [...]

The Sun reports on a Middle Eastern sheikh who flew his Lamborghini Murciélago LP640 (Batman?s other ride) on a round trip from Qatar to London and back. All for an ?oil change.?

The newspaper reports that the $300,000 super-car was flown to London on a scheduled Qatar Airways flight, then flown back three days later after [...]

According to the NGO Human Rights in China, Liu Shaokun, a teacher from Sichuan Province has been sent to labor camp for having published photos of collapsed school bulidings in the quake hit area. After the earthquake, Liu photographed the damaged school buildings and posted his photos on line. He also expressed his anger over [...]

Indian inflation has just hit a 3-year high of 7.41%. We can take comfort from the fact that many of our neighbors are faced with 20%; even China has reported an 11-year high of 8.7%.
Global trends are cited as the primary reason for the present situation. The IMF has reported that food prices in [...]