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A Fox Host Tried to Compare Denmark With Venezuela, Sparking Danish Outrage

A Fox Business host elicited angry and amused reactions when she compared Denmark to Venezuela, on the basis that both are socialist. Trish Regan said Sunday that “Denmark, like Venezuela, has stripped people of their opportunities,” and claimed that “no-one wants to work” in the northern European country. To which the Danish finance minister, Kristian […]

Ikea Opens Its First Store in India and Bets Localization Will Win Over the Middle Class

Nothing marks your arrival in the middle class quite like that first trip to fill up the car at Ikea. Now Indian consumers can experience the joys and frustrations of navigating a flatpack furniture-filled fluorescent labyrinth of their own. Ikea opened its first Indian store on Thursday in Hyderabad, part of a $1.5 billion investment […]

Saudi Arabia’s Diplomatic Spat With Canada Is Getting Worse. Now Flights Are Being Cancelled and Students Recalled

The feud between Saudi Arabia and Canada continues to escalate. First, the kingdom announced that it had expelled Canada’s ambassador to the kingdom and frozen all new trade and investment transactions. Now, Saudi Arabia’s state airline has announced the suspension of its direct flights to Canada, starting August 13. But the country’s reactions don’t stop […]

‘Blatant Interference:’ Why Saudi Arabia Just Expelled Canada’s Ambassador to the Kingdom

Tensions are running high between the Kingdom of Saudi Arabia and Canada. On Monday, Saudi Arabia announced it had expelled Canada’s ambassador to the kingdom and frozen all new trade and investment transactions with the country following a perceived interference in its internal affairs. The move followed statements made by Canadian Foreign Minister Chrystia Freeland […]