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Napoleon historically phrased there is more than two centuries, “When China awakes, the world will tremble.”

 Everyone waited, nobody believed: China is now the largest economy in the world!

 The United States became the second economy in the world after dethroning the UK in 1872.

 According to the International Monetary Fund the Chinese economy is worth 17,610 billion against 17,2 billion for the United States.

 The IMF’s reports that the Chinese economy will be worth 27,000 billion in 2019 it wil...

China has established a strategy of resistance against the U.S. legal and financial supremacy which took place in four major steps.

The first step was that of kindness, what might be called the Stage of Open Collaboration with the West where Chinese doors wide opened to foreign corporations, openness of course coupled with the lure of mutual gain. It has been free entry of Americans and Europeans in China for 20 years.

 U.S. and European multinationals have been invited to come to China to produc...

 For students of business schools and universities, Summer Programs offer the opportunity not only to take classes in their field of interest, but also to be in contact with the professional life of the place where they study.

   This is the challenge and the businesses that allow students to become familiar with the working environment objective of the visits. Twice a week students can visit international corporations, banks and business law firms and ask operators, officers, employees and patr...

The dreaded summertime homework assignments have given way to a more enlightened form of instruction: Summer Programs.

Summer Programs, more commonly known as Summer Semesters Abroad, are not only educational in nature but also provide a great deal of cultural discovery in the form a 2 or 3 week session spent in a previously unknown foreign country or city.

 Summer Programs are built around a solid base of college level courses covering topics not already familiar to the students such as finance,...

The European response to legal and financial penalties imposed on the BNP is imminent. One could even say that it has already arrived in 1957.

At the end of the Second World War the Allies realized that the Franco-German rivalry that had already resulted in three wars in less than a century should be permanently stopped.

 A thorough study of different options to extinguish this wildfire, resulted in these different parties to create a European Economic Union (in addition to the ECSC Coal and Stee...

The incredible amount of $10 billion that the BNP will pay the U.S. financial authorities which have violated U.S. restrictions on international funding dollars with embargoed countries of the United States between 2008 and 2009.

 This exceptional situation raises several questions:

 The first question relates to the jurisdiction which is subject to the BNP, as did the other French banks, like all non-US banks worldwide. This is a question of territorial and legal jurisdiction of U.S. law. With w...

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June 4, 2016

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June 4, 2016

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