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When looking at the composition of the world over the past years, it is not hard to see that the world is becoming increasingly interconnected. If you look at a basic product, it is more than likely that the product you are looking at is made from components in various parts of the world. This increasing economic integration called globalization is having profound effects on many countries. Advances in transportation and telecommunications, including the rise of the Internet, are major factors contributing to globalization that have generated further economic interdependence and universal cultural activities. However, these are certainly not the only factors contributing to globalization. Today, I will show you how the has been a major driver of globalization.

For some, eating insects may seem unappetizing and unappealing, but it is estimated that 2.5 billion people worldwide eat insects on a regular basis.  Students from McGill University in Montreal, believe they have come up with a .  It involves distributing cricket-producing kits to impoverished populations around the world that will give these people a source of protein and potentially a source of income as well.  Simply, families could eat what they want and then sell the rest.

With underdevelopment and currency volatility in the emerging markets, the biggest players have set out to fix those problems. The leaders met in late March in South Africa to plan out objectives for a new bank that would help fund infrastructure expansion, which is set to reach . Talks also included discussing pooling foreign currency reserves to resolve currency volatility.

Controversies surrounding the Keystone XL pipeline have arisen yet again due to the pipeline rupture that occurred in suburbs just last week. Over , rendering about 24 families homeless during the evacuation. Even though an around-the-clock cleanup began last Saturday, what will this mean for Pegasus pipeline, run by Exxon Mobil? And also, how will the leak affect public opinion regarding the implementation of the Keystone XL pipeline?

The Easter holiday has passed, and as always, with its passing comes a lot of chocolate. The holidays are a great time for to increase sales by offering limited edition holiday goodies. Most candy companies incorporate Easter into their products around this time of year, with the most prevalent being the bunny. What if a company could take the idea of the chocolate bunny and restrict other companies from selling it to increase their sales? For over twelve years, premium chocolate maker has been trying to trademark these gold-wrapped chocolate bunnies with many court cases involving different European Union members.

While Cyprus is experiencing economic woes and is finding its way out of a huge European debt crisis, the relationship between Cyprus and Turkey regarding gas and oil is causing stress for both countries. On Wednesday, Turkey announced the suspension of energy projects with Italian giant ENI because the company expanded the exploration for oil and gas to Cyprus. ENI’s decision on the project expansion in Cyprus has created hope of economic recovery Cyprus but it infuriated Turkey since the project would cut down the energy plan in Turkey.

The global sovereign debt crisis has impacted our world economically almost like a 3rd world war.  And because money was thrown out with rabid fury, it is boomeranging back with a vengeance.  In his quintessential narrative-style nonfiction book, , Michael Lewis presents to the reader four case studies: Iceland, Greece, Ireland, and Germany.  Lewis travels the world examining how each of these countries dealt with the collective problem of debt and how their cultural characteristics impacted the citizens.

In 2002, won the Nobel Prize in Economics, which isn’t all that unusual until one realizes that Kahneman isn’t an economist at all, but rather a psychologist. The reason that Kahneman won the Nobel is because he has (along with his partner Amos Tversky) to attempting to disprove the rational agent model that is a major underlying assumption of modern economics. The rational agent assumption assumes that all people are entirely rational and make the decisions that maximize utility for them (the people in this case are popularly called Homo Economis). Kahnemen thinks this isn’t true due to innate biases inside people and lays out why in , which is an overview of his life’s work.

Charlie LeDuff’s is brutally honest. In a story filled with corruption, anger, and even laughter, LeDuff goes into detail about the crumbling of an American city, and what is left of it. After leaving a job with the New York Times, comes to find what was once a city that represented the American Dream, now rotting and broken.

Business schools have continuously taken steps to prepare students for today’s increasingly international business world through study abroad programs, leadership programs, and international enrollment. NAFSA: Association of International Educators was originally founded to help foreign students become familiarized with the United States’ college communities. Now the association assists in opportunities for American students to study abroad, participate in exchange programs, and study foreign areas and . NAFSA now has close to 10,000 members who are international educators.