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The IBC Mission
The International Business Club is the leading association of professionals
in the field of international business in Chicago. Its membership is
composed of business owners, scholars, researchers, consultants and
government representatives from the financial and intellectual elite of
various ethnic based communities in the Chicago metropolitan area. As a
non-for-profit business association, the IBC develops various initiatives in
the fields of business development, research, and consulting.
Quotes of the month
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August 19 2008
"Technical challenges in renewable energy"
With all the talk about drilling for oil offshore, don’t look for any impact for at least ten years. Our real challenge is to improve mankind’s wellbeing without consuming finite resources and without destroying the environment. Replacing the huge consumption of fossil fuels with renewable sources is the greatest technical and economic challeng...
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July 16 2008
As the world faces its first global food crisis since the 1930’s when the situation wiped out millions of small farmers in the United States. As the crude oil prices soar from $65 to as high as $135, consumers in the United States and around the world are stunned and even frightened.
By the year 2030, the world will need 60% more energy and to produce 50% more food than it does today. If t...
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June 19 2008
As a commercial lawyer who focuses on business problems, I'm asked for my comments on the economy and I am always perplexed as to why we consider economics to be a science. At best its a "dismal science" as it was once said by a true economist. I think its an area of inquiry more related to psychology than to math. The indicators we read about trigger our own psychology about how the economy is or...
Latest news
May 29 2009
Speaking on a Chicago campus Friday, Lech Walesa, the Polish icon who helped put the first chink in the Iron Curtain, captivated a crowd of 400 with his dream about a world without borders.
Addressing an audience of immigrants and refugees that greeted him as their nation's savior, he noted that the long warring nations of Europe have come together, afterward illustrating his point with a fa...
June 01 2009
Car giant General Motors (GM) has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history.
The widely expected move comes after GM had seen its losses widen following a steep fall in sales in recent years.
The move into bankruptcy protection has been backed by the US government, which is now expected to take a 60% stake in the company.
The ...
June 03 2009
Oil prices have fallen back with investors growing more cautious as oil approaches the $70-a-barrel mark.
US light, sweet crude oil was down 86 cents at $67.69 a barrel, while Brent crude fell 61 cents to $67.56.
US President Barack Obama has begun a tour of the Middle East, where he will raise the issue of volatile oil prices with Saudi Arabia's King Abdullah. He is also expected to r...
