Citizenship for Sale: 1M Pounds Buys UK Passport

There is a fascinating story in today’s FT about the increase in foreigners taking up the UK’s offer of a UK passport in exchange for 1M pound investment. As the piece notes: “The number of wealthy migrants entering the UK on specialist visas designed to attract millionaire investors jumped by over three-quarters last year, led

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HBR.com: “Why Quants Should Manage Your Supply Chain Risk”

I just posted a new piece on HBR.com on SC Risk. It’s a short summary of my point of view on how SCRM needs to change its approach radically. Read full post here: http://blogs.hbr.org/cs/2012/11/why_quants_should_manage_your.html?referral=00563&cm_mmc=email-_-newsletter-_-daily_alert-_-alert_date&utm_source=newsletter_daily_alert&utm_medium=email&utm_campaign=alert_date

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Time for a Parallel Currency for Europe’s Winners?

Interesting piece in FT today by Jillian Tett about musings in Finland over running a parallel currency. Notes the FT: In the past couple of years, as the eurozone woes have unfolded, international investors have been transfixed by one small country on the edge of the region: Greece. They would do well to keep watching another

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The Bristol Pound and Other New/Old Ideas

BBC.com ran an interesting piece on September 18 by Dave Harvey on the recent creation of a new local currency in Bristol, England: the “Bristol Pound.” Notes Harvey: “The city of Bristol has launched its own currency, which cannot be used in Bath, never mind Berlin or Bombay. More than 350 firms in the city have

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FT: Toyota Cuts Production Headed to China

FT notes today that Toyota is cutting volumes headed into China due to unrest:   “Toyota Motor is cutting production of vehicles for the Chinese market in a sign of the deepening economic impact of anti-Japanese demonstrations that swept the country this month. The carmaker’s decision underscores the risk of lasting fallout for businesses from the maritime

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Labor Unrest in China: The Rubber Band Stretches

Does a labor time bomb lurk beneath the surface of the glossy new millionaires in China? See this interesting note in Slate today about the recent unrest at a Foxconn plant: http://www.slate.com/blogs/moneybox/2012/09/24/foxconn_riot_chinese_factory_disruption_just_the_highest_profile_sign_of_growing_labor_unrest_.html?wpisrc=newsletter_jcr:content Key quote: “Conditions in contemporary China have much more in common, structurally speaking, with conditions during the heyday of Western labor activism than

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