The IBC recommends:
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
December 16 2008
Some 8,500 owners of homes and other property across Cook County are owed about $9.8 million in refunds from overpayments caused by changes in assessment levels of their property, Cook County Treasurer Maria Pappas said today.
Notices to property owners identified as qualified for the refunds will be mailed this month, Pappas said in a news release.
"If they file for refunds, these owners c...
December 16 2008
The US Federal Reserve has slashed its key interest rate from 1% to a range of between zero and 0.25% as it battles the country's recession.
In its statement, the Federal Reserve warned that "the outlook for economic activity has weakened further".
It predicted that rates would stay at the current exceptionally low levels "for some time".
It added that it was considering ways it could sp...
December 16 2008
China is using an increasing number of paid "internet commentators" in a sophisticated attempt to control public opinion. These commentators are used by government departments to scour the internet for bad news - and then negate it.
They post comments on websites and forums that spin bad news into good in an attempt to shape public opinion.
Chinese leaders seem aware that the internet - th...
