Political risk must-reads
Eurasia Groupâ€™s weekly selection of essential reading for the political-risk junkie â€” presented in no particular order. As always, feel free to give us your feedback or selections by tweeting at us viaÂ @EurasiaGroupÂ orÂ @
â€śEU Immigration: Only the Rich Are Welcome” â€“ 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.
â€śIkea at last cracks China market, but success has meant adapting to local waysâ€ť â€“ Kim Wall, South China Morning Post
Is Ikea finally succeeding in China? What is the secret behind the companyâ€™s growing revenue?
â€śTwitterâ€™s EM uphill battleâ€ť â€“ Rob Minto,Â Financial Times
The country with the highest Twitter penetration rate outside of the US is Turkey, with 31 percent; perhaps that helps explainÂ Prime Minister Erdogan calling the platform a â€śmenace to societyâ€ťÂ during the Gezi Park protests earlier this year. Where is Twitter prevalent around the world?
â€śWhy Mexicoâ€™s Sinaloa Cartel Loves Selling Drugs in Chicagoâ€ť â€“ Jason Mcgahan,Â Chicago Magazine
Conservative estimates from drug enforcement officials peg the Sinaloa cartelâ€™s 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?
â€śImagine a world without shops or factoriesâ€ť â€“ Peter Day, BBC Magazine
How are sweeping technological changes redefining industry?
â€śA new $100 bill, the worldâ€™s most popular banknote, starts circulating todayâ€ť â€“ Matt Phillips, Quartz
The $100 bill accounts for almost 80% of all outstanding US currency. What does the new bill look like?