India: the world’s real “China” Why America and the world should take notice of this emerging power

By: Tess Sommer It seems to me that everyone is too preoccupied with the idea of China surpassing the United States as the world’s largest economy. With the way things are going, of course China will surpass the United States. The difference in population is evidence enough. China has an enormous production force behind it, so it is understandable that China is the world’s largest manufacturing country. But then again, you probably already knew that by all the tags you have saying “Made in China.” One cannot help but wonder, will any country ever surpass China? My guess and money … Continue reading India: the world’s real “China” Why America and the world should take notice of this emerging power

Trade deal opens new markets

By: Regina Wright ~Staff Writer~ Negotiations that began in President Barack Obama’s first term for the Trans-Pacific Partnership (TPP) have reached a final agreement among all 12 nations involved in the partnership. Brunei, Chile, New Zealand and Singapore formed the trade agreement in 2006. Later, Australia, Canada, Japan, Malaysia, Mexico, Peru, Vietnam and the U.S. joined in the proposal of a trade agreement between these Pacific Rim countries. Together, these countries account for 40 percent of the world’s economy. TPP would decrease export tariffs and import quotas, making it less expensive for businesses to export and import from the other … Continue reading Trade deal opens new markets