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
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...
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...
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
November 17 2008
System assumes commuters walk to train stations
Chicago-area residents who need help finding their way around the city and suburbs on public transit now have a new navigation tool.
Metra and Google have joined forces in an online trip-planning feature that combines Metra's schedule information and Google Maps.
Going to Metra's Google Transit link at www.metrarail.com/googletransit a...
November 17 2008
Forecasters see anemic economic growth through 2009 as consumers retreat and unemployment rises.
NEW YORK (CNNMoney.com) -- The likelihood of a prolonged U.S. recession has increased significantly as economic conditions continue to deteriorate, according to a survey of leading economists released Monday.
The dour outlook comes as consumers drastically cut back on spending in response to ...
November 17 2008
Japan's economy has entered its first recession since 2001 after shrinking by 0.1% in the third quarter.
The world's second-biggest economy had previous shrunk by 0.9% in the April to June quarter.
"The downtrend in the economy will continue for the time being as global growth slows," said Japanese Economy Minister Kaoru Yosano.
The eurozone officially slipped into recession last we...


















