A mix of unsustained economic policies widespread corruption political scandals poor productivity crucial dependency on natural resources high consumption instead of competition and investments excessive bureaucracy could lead to the greatest recession in over 100 years for the country. If you think, this country is Romania, you’re not completely off track.. But, however, the above mentioned downfall is the sad story …

In a few days, millions of romanians will hit the road for the short holiday over the long ‘Easter & 1 Mai’ weekend. It’s not hard to predict that the country’s road-infrastructure will collapse with countless traffic jams and dozens of accidents. The notorious bad shape of romanian roads will most likely get the blame, although I personally would add …

In yesterday’s post about ‘Artificial Intelligence’ and workplace-automation through robots, the main topic was to accept and adopt the necessary changes caused by technological progress. Whether you like it or not, it will happen. So it might be a good idea to prepare yourself to be ready for these changes. And I might have an even better idea, to profit …

Automatically operated machine that replaces human effort’ – Definition of ‘robot’ in the Encyclopaedia Britannica Machines vs Humans ? – No, the Future will be Humans & Machines Machines already have topped the best humans at most games held up as measures of human intellect. For for instance in chess, when IBM’s ‘Deep Blue’ computer won 3,5-2,5 against world champion Garry …

Challenge, creativity and innovation and a work/life balance In a broad survey, 170’000 business and engineering/IT students from Germany, France, United Kingdom, Italy, Russia, Spain, Netherlands, Turkey, Switzerland, Sweden, Poland, and Belgium weighed in on what companies and employer characteristics they found most attractive.   Business students prefer professional training and development; challenging work; and opportunities for international travel/relocation. Also …

”Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” John Templeton   Last night, I had not one, but two invitations for dinner. According to the motto ‘First-come, first-served’ I …

While Silicon Valley’s Tesla and founder Elon Musk making global headlines and ‘Tesla Motors’ is valued about 30 billion USD on financial markets, its worth to notice, that in the business of batteries and electric cars, there is another company around that’s much bigger, but less valued: China’s BYD for ‘Build Your Dreams’.    In eastern China’s Anhui province, agriculture …

If you drive from the city of Geneva along the shore of Lake Geneva, you will first pass by the UEFA-headquaters in Nyon and soon after reach a place called Lausanne.  It’s a nice swiss city with just 130’000 inhabitants, but worldwide known because Lausanne hosts the global headquaters of over 50 sport-associations from equestrian or hockey to fencing and …

These Daily Habits Determine Your Success   Author Thomas Corley spent 5 years studying the daily activities of 233 rich and 128 poor people. He discovered there was an immense difference between the habits of the rich and the poor. “Daily habits dictate how successful or unsuccessful you will be in life,” the author writes in his just released new …

Usually on weekends, I try to switch off from business and look on the brighter things in life. This weekend, some tasty french breakfast delights, a biking tour and a lot of tv-sports (Premier League, Bundesliga, Steaua-Dinamo, the cycling-classic Paris-Roubaix and the two final rounds at the Augusta Masters) was the ‘anti-business’-program. But by force of habit, I nonetheless checked my …