Since 2007, when GM had to sell their financing company, GMAC, they have had a somewhat tougher time leasing and selling their vehicles to people with less than optimal credit. In the past when they owned their own financing company, they were able to approve customers that had a bad credit rating which was caused [...]
Toronto-based, Public Mobile, one of the new entrants to the Canadian cell phone carrier market announced yesterday that they received a $350 million investment from the Export-Import Bank of China. The money is intended to be used to build a wireless network throughout southern Ontario and in to Quebec. If Public Mobile will have a legitimate [...]
On Saturday, China indicated that it will let their currency, the yuan be more flexible and no longer be pegged to the US dollar. The timing of this announcement has been well thought out by the Chinese as we are less than a week away from the G20 meeting in Toronto. President Obama just sent [...]
Afghanistan is an unfortunate nation that has been in a state of war for decades. It is a largely lawless and very dangerous country ruled by militants, criminals and tribal leaders (who are often also criminal). The former Soviet army could not tame this country and the U.S. military and their allies are finding it to be a [...]
This past Monday in Canada was a national holiday, Victoria Day. As with many other holidays in North America and likely around the world, fireworks are a tradition in the evening. This post is not all about fireworks though (not sure I can actually write a full post on the topic). Fireworks however, are good way to illustrate an [...]
On Sunday the World Bank decided to increase China’s influence in the organization to about 4.42% of the voting power which is up significantly from the 2.78% it had thus far. This might not seem like a big increase and still might seem small since it’s less than 5%. However, it is a significant increase as [...]
In mid-April, Chinese President, Hu Jintao is going to visit Washington for the Nuclear Security Summit, hosted by U.S. President, Barack Obama. At first it appeared that China will not be attending, so this visit is seen as a positive step in U.S.-China relations. Although this is a nuclear summit, two major issues need to [...]
Earlier this week, Google followed through on its threats to leave China as it redirected all searches from mainland China to Hong Kong. This is a very big deal to all parties involved and to the future of the internet in general. China has the most internet users in the world so for all of [...]
Google has said recently that it is “99.9 per cent” sure that it will end up exiting China and closing the google.cn division of the company. I first posted an article on this topic about two months ago (click here to read it). At the time, this issue had just made it to the surface [...]
Apple has announced that child labour and other labour violations have been committed by its suppliers in Asia and possibly other parts of the world in the production of their products. They launched an internal audit to look in to these types of violations that their suppliers commit. They use the results and make them [...]
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