Russia’s lukewarm prospects this World Cup and its rising tension with neighbors such as Ukraine reflect a bit of an uncertain time for the country within Europe. Few see the Russian team as much of a threat to advance far in the World Cup and former Soviet satellite states such as Ukraine, Croatia and Bosnia & Herzegovina are either ranked ahead of the country in current FIFA/Coca-Cola world rankings, or have more feared lineups.
Argentina's World Cup hopes will rest on Captain Lionel Messi, who while drawing comparison to the sport's greatest-ever players, has yet to secure a World Cup win. With quarterfinal exits in recent World Cups, Messi and a talented offence also led by Real Madrid midfielder Angel Di Maria and Manchester City forward Sergio Agüero are looking for better results. Argentina will play Bosnia, Iran and Nigeria in group stages and it has an easy path to the knockout round.
Local economies are good for us, says Professor Heinberg. Globalization and the global economy rely on cheap oil but oil reserves are declining. Localizing economies will have benefits for communities and sustainability.
TheStreet's Jim Cramer has his eye on China in the week ahead. Cramer says world markets are driven down every time China reports negative economic data, and he is waiting for a number from China that does not affect markets. Until then, investors need to be careful.
Jim Leape looks at some of the ways in which the market can shape a more sustainable economic model. In particular he discusses eco-labeling, which allows green consumers to buy eco-friendly products and services, and carbon trading schemes. He also examines new emerging markets for ecosystem services. The market will play a vital role in creating a sustainable economy.
Pasquale Bova, Italian Trade Commissioner in Chicago, In the video he talks about his faith in the US as a leading economic power in the world despite the rising economy of India, China, Russia and Brazil.
Washington rhetoric calls small businesses "the backbone of our economy." But what's the impact of national laws? We talk to owners about the ways federal changes in minimum wage, health care mandates, and other laws affect their businesses.