Political risk must-reads
Eurasia Group‚Äôs weekly selection of essential reading for the political-risk junkie ‚ÄĒ presented in no particular order. As always, feel free to give us your feedback or selections by tweeting at us via¬†@EurasiaGroup¬†or¬†@
‚ÄúEU Immigration: Only the Rich Are Welcome” ‚Äď Claus Hecking, Spiegel Online
It seems many EU countries have a new product to boost growth — entry into the EU itself. Today, Latvia offers the bargain rate, with a resident permit available for anyone who spends $96,500 on real estate in the country. A recent survey by the immigration department showed that less than a fifth of people taking part in the residence permit program are actually settling permanently in Latvia.
‚ÄúIkea at last cracks China market, but success has meant adapting to local ways‚ÄĚ ‚Äď Kim Wall, South China Morning Post
Is Ikea finally succeeding in China? What is the secret behind the company‚Äôs growing revenue?
‚ÄúTwitter‚Äôs EM uphill battle‚ÄĚ ‚Äď Rob Minto,¬†Financial Times
The country with the highest Twitter penetration rate outside of the US is Turkey, with 31 percent; perhaps that helps explain¬†Prime Minister Erdogan calling the platform a ‚Äúmenace to society‚ÄĚ¬†during the Gezi Park protests earlier this year. Where is Twitter prevalent around the world?
‚ÄúWhy Mexico‚Äôs Sinaloa Cartel Loves Selling Drugs in Chicago‚ÄĚ ‚Äď Jason Mcgahan,¬†Chicago Magazine
Conservative estimates from drug enforcement officials peg the Sinaloa cartel‚Äôs annual revenues at more than $3 billion: more than those of the Chicago Mercantile Exchange Group. What makes Chicago such an appealing target for the drug trade?
‚ÄúImagine a world without shops or factories‚ÄĚ ‚Äď Peter Day, BBC Magazine
How are sweeping technological changes redefining industry?
‚ÄúA new $100 bill, the world‚Äôs most popular banknote, starts circulating today‚ÄĚ ‚Äď Matt Phillips, Quartz
The $100 bill accounts for almost 80% of all outstanding US currency. What does the new bill look like?