Moves by Russia and China should give executives pause

Doing business with a dictatorial government is akin to letting a pet tiger sleep at the foot of your bed. Most nightsit’s OK. Until it isn’t. Foreign-owned businesses working in Russia and China have heard the sounds of a stomach grumbling in the darkness, reminding them that despite appearances, the rule of law in those […]

Corporate responsibility paramount to make Mexican energy reforms work

The ink on Mexico’s new energy laws is finally dry, and the biggest names in the industry are exploring how they can revive our southern neighbor’s wilting oil and gas production. Let’s hope they don’t mess it up. The nine implementing laws signed last week by President Enrique Peña Nieto formalized the biggest overhaul of […]

Defect in U.S. tax law motivates companies’ overseas moves

A researcher trying to find ways to keep black bears away from humans once summed up the problem for me with a simple calculation: Animals are driven to obtain the maximum number of calories for the least amount of effort, and people leaving high-calorie food out attract the bears. The same drive applies to executives […]

Asian steel in the oil fields cost Texans jobs

When most people see a flatbed truck loaded with drill pipe rolling west on Interstate 10, it’s a reminder of the thousands of oil and gas wells that are driving the booming Texas economy. When steelworkers in Bellville see those trucks, though, they’re reminded why their plant, which makes similar pipe 60 miles west of […]

Export-Import Bank Creates Jobs, Opens Markets and Makes Sense

Greater Houston is the No. 1 exporting metropolitan area and Texas is the nation’s No. 1 exporting state, but that could end if some ideologues in Washington get their way. After campaigning on adding jobs and increasing manufacturing, folks calling themselves conservatives want to shut down an 80-year-old institution that boosts exports, generates business for […]

Missing the Boat on Africa

As a citizen of the globe’s economic and military heavyweight, it’s easy to forget that other parts of the world might be getting along just fine without us. When we pull back, though, and take a look at current trends in global trade, U.S. business may be missing out in the developing world. China, the […]

A Little Advice on Energy Could Go a Long Way South of the Border

Go south, young man, there’s oil in that there shale! That’s the message from Mexican officials and dozens of consultants to Texas oil and gas companies as the Mexican Congress moves to allow private foreign investment in every corner of the nation’s energy industry. Mexico’s natural resources and growing demand for energy present an alluring […]