Recent Posts

Consumers bear the brunt in shortage-stricken Venezuela

Caracas / AFP At a popular east Caracas bakery, customers can buy Spanish olive oil, Italian tomato sauce and even American chocolates. But bread? Forget it. Cardboard signs on the door warning of “No bread” have become increasingly common at Venezuelan bakeries. Venezuela gets 96 percent of its foreign currency from oil exports, and as crude prices have plunged, so ...

Read More »

Why Apple’s fight with FBI is so hard to referee

The fight between Apple and the U.S. government comes down to a technical enigma wrapped in layers of emotional debate. On the surface, people seem to be drawn to opposing sides depending on feelings: fear of terrorism, or suspicion of government, distrust of corporations. But the crux of the disagreement comes down to a technical question, not a gut feeling: ...

Read More »

McDonald’s all set to make Kazakh debut

Kazakhstan’s first McDonald’s will open March 8 in Astana. The world’s largest fast food chain has been operating in Russia since 1990 and last year opened its 500th store in that country (there are now 545)–while also, for the first time in Russia, permanently closing a store. Moving into the Kazakh market, per Reuters’ report, took more than a decade ...

Read More »
Send this to a friend