2007 and Older News and Media Coverage

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FG is often interviewed and quoted by publications and media throughout the United States and overseas on a wide-range of business topics. From global strategy to consumer related issues, FG adds insight to news stories that help educate business leaders and the general public.

2007

1/2/2007	Associated Press	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the regulations keeping Mexican cargo trucks off U.S. roads. “If we really have NAFTA and NAFTA’s serious, why shouldn’t the trucks be able to come?” Ghadar asked. “We first said they were dirty, then we said it’s not safe. They’ve gone through all the hoops and loops and jumped this way and that way, and as soon as you have an election in the state or the county or this or that, they just put new barriers. When you put enough of these small barriers together, you prevent free trade.” ( Mexican Truckers Still Stuck in Limbo ). This article also appeared in the Austin American Statesman.
1/28/2007	Pittsburgh Post-Gazette	Fariborz Ghadar, director of the Center for Global Business Studies, comments a proposal to make pennies worth five cents. “Turning it into a nickel is good for kids, ” he said. “Immediately, their piggy banks will be worth a lot more.” ( What To Do When A Penny is Worth More Than A Penny).
2/1/2007	IIE Solutions	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the relationship between business and government, “During the next few decades, advancements in governance will unfold like the domino effect-businesses will challenge governments to improve the rule of law,governments will more tightly regulate corporate operations, and NGOs will report to civil society on both business and country proceedings,” according to Ghadar. ( It’s All About Change ).
2/16/2007	Voice of America	Iraq Burdened by High Unemployment. Iraq is struggling with sky-high unemployment, made worse by the security situation in much of the country.Fariborz Ghadar, estimates that the region will need to create 100-million jobs during the next 10 years. Ghadar says it will be difficult to produce so many jobs , and a high unemployment rate could contribute to social tensions and political unrest in the Middle East, including Iraq.
2/25/2007	The Patriot News	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the need for businesses to compete internationally. “Many of the companies in Pennsylvania that have been locally oriented are now having to look outside and go through the same pain and pressure that Hershey is now facing,” said Ghadar. ( What will Change Cost Hershey Co., Community? ).
3/1/2007	Entrpreneur	Fariborz Ghadar, director of the Center for Global Business Studies, comments on technology that could possibly replace the computer mouse. ” I think the pen is going to take off because we’re all used to writing with pens and pencils,” says Ghadar. “The tablet allows you to bypass the keyboard to a certain extent.” ( Input Evolution ).
4/3/2007	United Press International	Fariborz Ghadar, director of the Center for Global Business Studies, comments on Indian biotechnology business. “The Indian biotechnology sector will not need to choose between domestic health needs and the global market place, Ghadar said. “I think the maket’s going to grow so rapidly in India that you’re going to see all of the above.” ( Analysis: India’s Biotech ‘Baby Elephant’).
5/18/2007	The Christian Science Monitor	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the proposed Europian Union natural gas pipeline, Nabucco. “Even if Nabucco happens, the reality is you really need more gas, ” Ghadar said. The reality … is that the gas is in Russia and it’s in Iran. Right now, the Russians basically have a stranglehold on this whole thing.” ( EU Bid To Wean Itself Off  Russian Gas: Nabucco ).
6/1/2007	Industry Week	Fariborz Ghadar, director of the Center for Global Business Studies, comments on just-in-time manufacturing. “Just-in-time is OK, but if all of a sudden there is a surge in demand, you may not have hte flexibility available to meet the demand,” Ghadar said. ( Just-In-Time Remains Justifiable ).
6/21/2007	The Christian Science Monitor	Fariborz Ghadar, director of the Center for Global Business Studies, is cited. “Gazprom produces 90 percent of Russia’s natural gas and owns most of it’s pipelines. Europe gets 25 to 40 percent of its natural gas from Russia, a figure that could double two decades from now, according to Fariborz Ghadar.” (European Union Energy Companies Court Moscow ). This article also appeared in Budapest Business Journal.
7/9/2007	MSN Money	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the effectiveness of economic sanctions. “Many experts in international business … say sanctions are counterproductive in a global economy. To them, it makes more sense to try to influence countries by staying engaged economically. “If we don’t do it somebody else will step in,” says Ghadar. He points to Sudan where Chinese companies picked up the slack in the energy sector after Western companies pulled out.” ( Are you investing in Terrorism? ).
7/19/2007	MoneyShow.com	Fariborz Ghadar, director of the Center for Global Business Studies, comments on oil prices. Ghadar ” thinks the ‘fear premium [ in oil prices ] may be $5 to $6 a barrel’ now. And in the future? It all depends on what happens in the Middle East,” he says. “I don’t think [ a military confrontation with Iran ] is in the market. If that happens, we could get $100 oil for sure. ” ( Editor’s Note ).
8/5/2007	Chambersburg Public Opinion	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the economic effort of immigration. “The fact of the matter is, we need a lot of low-to middle-skilled employees to deliver goods, pick fruit, work in construction, keep gardens clean, keep hotels clean, ” Ghadar said. ” We don’t have as many people to do that kind of stuff, so immigrants fill a niche. … We have to decide, are we seriously going to throw them out? Can our economy take that hit? ” ( Impact On Area Seems Large ).
8/13/2007	Business Week.com	Fariborz Ghadar, director of the Center for Global Business Studies, comments on natural gas availability. “The reality of the thing is that if you look at where the gas is, the gas is in Russia and it is in Iran. Those are where the largest reserves are. Right now, the Russians basically have a stranglehold on the whole thing, ” Ghadar said. ( Energy: Europe’s Escape Routes From Moscow ).
9/9/2007	The Atlanta Journal-Constitution	Fariborz Ghadar, director of the center for Global Business Studies, comments on the impact of the impact of technology on business. “The market matures faster,” Ghadar said. “If you don’t manage that life cycle very quickly, competitors come out of the woodwork and you are doomed. ” ( Earthlink A Painful Lesson : Innovators Often Lose Edge ).
10/4/2007	Computer World	Fariborz Ghadar, director of the Center for Global Business Studies, comments on how the falling U.S. dollar is affecting China. “If the U.S. has gone down, China compared to the U.S. has also gone down,” said Ghadar. “China, in factn has become more competitive because they are tied with the dollar.” ( Dollar Parity May Help Canada Keep Its IT Workers At Home ).
10/6/2007	Washington Post	Fariborz Ghadar, director of the Center for Global Business Studies, comments on  Japan’s immigration policy.”With the age of globalization, these borders are going to open up,” Ghadar said. “Unless they don’t want to see their economy grow as rapidly, they’re going to have to do something about it.” ( In  Traditionally Insular Japan, A Rare Experiment In Diversity ).
11/2/2007	San Francisco Chronicle	Fariborz Ghadar, director of the Center for Global Business Studies, comments on Cisco Systems’ investment in China. ” I think China is perceived by Cisco to be one hell of an attractive market for all of these reasons,” Ghadar said. ( Cisco Doubling It’s Bet On  China To $16 Billion ).
11/5/2007	San Francisco Chronicle	Fariborz Ghadar, director of the Center for Global Business Studies, comments on Alibaba.com, a Chinese e-commerce Web site. “You can be in the middle of nowhere in China, but ( with Alibaba.com ) you can start a Web site and start trading,” said Ghadar. “You’ve got a market that’s open to the world.” ( Alibaba.com And The Rise Of Entrepreneurial China ).
11/12/2007	The Associated Press	Fariborz Ghadar, director of the Center for Global Business Studies, comments on foreign governments seizing oil company profits. “When oil prices go up, there’s a lot of money there and everybody wants a bigger piece of the pie,” said Ghadar. ( International Oil companies Must Strike Delicate Balance As Foreign Governments Seek Bigger Share ). This article appeared on several Web sites including CNNMoney.com and Forbes.com.
11/22/2007	Middle East Times	Fariborz Ghadar, director of the Center for Global Business Studies, writes in an op-ed about the United States’s presence in the Middle East. “Our current policy is a formula for disaster not success,” Ghadar writes. “Success here hinges on jobs created, not bombs dropped. Fueling economic growth requires the investment of foreign capital, peace and stability, and countries putting aside long-standing conflicts based on either pride or prejudice. ” ( Pride &  Prejudice’s  Escalating  Cost ).
11/25/2007	Pittsburgh Post-Gazette	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the effect of gas prices on consumer behavior. “I don’t believe that in the short run we’re not going to not drive where we want to go,” Ghadar said. “We’ll complain about it, but we’re certainly not going to not drive. Are we going to stop shopping? No. Are we going to stop going to work? That’s silly.” ( Gas Prices Aren’t Slowing U.S. Motorists). This article appeared in severalScripps newspapers.
12/2/2007	Traffic World	Fariborz Ghadar, director of the Center for Global Business Studies, comments on why some manufacturers are leaving China. ” The shift is coming because labor is declining as a portion of the total cost of products. … When everyone competed on the basis of lower labor costs, business went to the lower-cost competitor, Ghadar said. ‘That’s not the way it’s done now,’ he said.” ( China’s Advantage Slipping ).
12/28/2007	Expatica	Fariborz Ghadar, director of the Center for Global Business Studies, comments on Royal Dutch/Shell. “As it prepares to unify next summer, Shell faces a long road. Nonetheless, Ghadar said the company is doing ‘exactly what needs to be done. One thing that they need to do is come clean with all the facts. And they’ve done that,’ he said. ‘Or at least we believe that they’ve done that.’” ( Will Shell Sink Or Swim? ).

2006

Feb/1/2006	Investor’s Business Daily	“Big oil companies still don’s forecast $60 or $65 a barrel, but they do forecast $30 a barrel”, said Fariborz Ghadar, director of the center for Global Business Studies at Penn State University
2/8/2006	The Milwaukee Journal Sentinel	Fariborz Ghadar, director of the Center for Global Business Studies, comments on immigrant entrepreneurs. “Many of them find work. Some of them develop little shops and companies on their own. Eventually they get together and expand from the family network of immigrants and work together to build viable businesses,” says Ghadar. (Immigrants Create A New Land Of Opportunity).
2/22/2006	MSN Money	Fariborz Ghadar, director of the Center for Global Business Studies, comments on Japan’s aging population. “As early as 2010, more than 21 percent of the Japanese population will be 65 years or older (compared with, for example, 13 percent in the United States). Japanese women, on average, have 1.3 children, but a country typically needs a birth rate of about 2.1 to keep its population from shrinking, points out Fariborz Ghadar.” (Is It Safe To Go Back To Japan?).
2/26/2006	The Star-Ledger	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the relationship between the United States and the United Arab Emirates. “They buy $6 billion more from us than we buy from them,” Ghadar says. “They are by far one of the most liberal countries in the region, they are a big logistical center and they want to be a major financial center.” (Mideast Is A Big Investor In U.S.).
3/1/2006	Newhouse News Service	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the relationship between the United States and the United Arab Emirates. “They buy $6 billion more from us than we buy from them,” Ghadar says. “They are by far one of the most liberal countries in the region, they are a big logistical center and they want to be a major financial center.” (Middle East Is Big Investor In U.S. Companies). This article also appeared in The Star-Ledger and AccountingWeb.com.
3/7/2006	USA Today	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the telecommunications industry. “Consumers demand a spectrum of services, and if you can’t afford to invest in that spectrum of services, you’re going to be bought out,” Ghadar says. (Qwest May Get A Buyout Nibble).
3/17/2006	Spartanburg Herald-Journal	Fariborz Ghadar, director of the Center for Global Business Studies, comments on nuclear energy. “Although construction costs for nuclear plants are in the billions, operating a plant is relatively inexpensive compared with other forms of electricity, Ghadar said.” (Cherokee Goes Nuclear).
3/25/2006	Newsday	Fariborz Ghadar, director of the Center for Global Business Studies, comments on how the conflict in Iraq is affecting businesses and the U.S. economy. “In future years, the opportunities and constraints are likely to continue; only the cast of business characters may change. Companies specializing in infrastructure, from roads and water to electricity and telecommunications, will be the next entrants, says Ghadar.” (Businesses Find Benefits, Costs In War Work). This article also appeared in the Detroit News.
Mar/17/2006	GoUpstate.com	Fariborz Ghadar, director of Penn State University of Penn State University’s center for Global Business studies, said nuclear energy is becoming a more viable option with the rising costs of oil and demands for energy on the rise.
March/Apr/2006	The Penn Stater	(Red Tide Rising) the Penn Stater asked Dr. Ghadar how Beijing’s ascent affects the United States
5/1/2006	The Daily Record	Fariborz Ghadar, director of the Center for Global Business Studies, talks about energy supply and demand trends. Ghadar “said history has shown the economy starts responding to such price increases within three to six years.” (Environmental Groups And Sustainable Energy Advocates See Silver Lining In Energy Price Spikes).
5/6/2006	Women’s Wear Daily	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the retail economy in light of the latest jobs report from the Labor Department. “It may very well be that due to consolidation and new technology that the retail trade is becoming even more efficient,” said Ghadar. (Labor Dep. Reports 138,000 Positions Added).
5/9/2006	Newsday	Fariborz Ghadar, director of the Center for Global Business Studies, comments on rising gas prices. “When there’s no oil, people get really paranoid and it has a real psychological impact,” he said. “Yes, the price is up, and I don’t like paying three dollars a gallon, but I still pay it.” (The Fold: The ’70’s).
05/13/2006	The Associated Press	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the Pennsylvania economy. “We in Pennsylvania should be happier than the rest of the nation based on last year’s performance,” said Ghadar. (Voter Discontent A Determining Factor For Pennsylvania Incumbents). This article appeared in several newspapers and on about 50 news Web sites, including Forbes.com, LATimes.com, and MSNBC.com.
6/12/2006	MedAdNews	Fariborz Ghadar, director of the Center for Global Business Studies, comments on Mergers & Acquiitions in view of recent merger of Bayer & Schering AG. “Midsize companies are having difficult time, and they are trying to improve their prospects by becoming larger. Dr. Ghadar says the industry is ripe for consolidation because too many mid-size companies exist. (Midsize Marriage)
6/7/2006	MSN Money	Fariborz Ghadar, director of the Center for Global Business Studies, comments on rebates by banks on hybrid cars. “It’s a very clever move. Historically, niche players might introduce such incentives, but with energy so much in everyone’s mind, larger companies may be realizing they can make a big statement, especially in their dominant markets.” (Bank of America, others warm to hybrid car rebates)
9/7/2006	Expatica	Fariborz Ghadar, director of the Center for Global Business Studies, comments on recent scandals inside Shell and the companies move to make Netherlands its headquarters.”There is sensitivity in the marketplace that says, ‘Don’t screw around with us. Tell us the way it is’.”"In the post-Enron environment, the reserves debacle exacerbated by the fact that Shell has long had a reputation as being one of the ‘good guys’ in the industry.” (Will Shell sink or swim?)
10/27/2006	The Associated Press	Fariborz Ghadar, director of the Center for Global Business Studies, comments on Chinese metal production. “They may be able to slow down an increase in imports, but at the end of the day, if they’re growing at 10 percent a year, they won’t be able to expand domestic capacity fast enough, which is going to put extensive pressure on prices.” (Market Spotlight: Base Metals Rally). This article was also distributed internationally by AFX News and appeared on several websites.
11/3/2006	Marketwatch	Fariborz Ghadar, director of the Center for Global Business Studies, writes on the oil market. “Ever since the beginning of the oil industry, we have experienced dramatic rises and falls in prices of petroleum with oil fluctuating some 700% over the past 2 decades. The lower prices at the pump today will not last long; we can easily expect oil prises to rise to $100 a barrel over the next 5 years.” (Oil Prices Going To The Century Mark). Link to this article appeared no The Wall Street Journal Online.
11/7/2006	The Baltimore Sun	Fariborz Ghadar, director of the Center for Global Business Studies, comments on the need for pharmaceutical companies to merge and expand their product lines. “The pipelines are empty for the pharma companies, so they have to buy it.” (Merger Stoke Stocks)
11/1/2006	Inside Supply Management	Fariborz Ghadar, director of the Center for Global Business Studies, writes on the changing global business market. “The domestic and global marketplace has changed much over the years. Things were simpler in the past, but change is a natural progression. Everyone must adapt to some degree.” (Change is Constant).
11/2/2006	Purchasing	Article mentions Fariborz Ghadar, director of the Center for Global Business Studies, “For the past 25 years, [Ghadar] has been researching and writing about global strategy, business and international finance. His publications have been cited numerous times placing him among the top researchers in the field of international strategic management.” (How to Survive in a Global Economy).

2005

1/6/2005	United Press International	Fariborz Ghadar, director of the Center for Global Business Studies, discusses the state of businesses in Europe. “It takes a little bit more time before people start shifting their purchasing power. The euro has gone up … you are beginning to see the industrial production having difficulty in the export market. Once that happens, consumer confidence goes down” (European Business Confidence Down).
1/9/2005	Baltimore Sun	Fariborz Ghadar, director of the Center for Global Business Studies, discusses Wal-Mart’s response to adversity, like it experienced at the start of the holiday shopping season. “Do they sometimes make a mistake? Of course they make mistakes. I mean they’re bigger than [General Electric]. The question is what do they do when they make their mistakes. Do they learn from them and move on? Historically, they have” (Wal-Mart’s Holiday Wobble).
	York Daily Record	Fariborz Ghadar, director of the Center for Global Business Studies, discusses the state of the economy. “Overall, we are in an economy that’s nothing to jump up and down about, but it’s certainly an attractive economy that’s improving” (County’s Outlook Positive).
1/28/2005	Expatica	Fariborz Ghadar, director of the Center for Global Business Studies, discusses difficulties at Royal Dutch Shell. “There is a sensitivity in the marketplace that says, ‘Don’t screw around with us. Tell us the way it is’” (Will Shell Sink Or Swim?)
1/29/2005	Daily Star	Fariborz Ghadar, director of the Center for Global Business Studies, discusses ongoing mergers in the media industry. “The media giants can’t make much of a profit in their domestic market. Continually finding new markets overseas is the only way they can find the capital to grow while making their shareholders happy” (Media Merger Mania)
1/29/2005	Journal News	Fariborz Ghadar, director of the Center for Global Business Studies, discusses the impact on Procter & Gamble’s acquisition of Gilette on the range of products available to consumers. “They’ll give you the pink shaving instrument that you want. If they try to take a lot of products out you’ll see other companies step in to offer more and beautiful things. The consumer is really king and if you don’t provide what the consumer wants somebody else will” (Consumers Likely To See Product Mix Change).
Jan/Feb/2005	Corporate Board Member	Fariborz Ghadar, director of the Center for Global Business Studies, and his research on mergers and acquisitions are mentioned. According to Ghadar, the stock price of an acquiring company drops an average 2% to 5% in the first few hours of trading after an acquisition is announced, then underperforms its industry for the next six months (M&A Shocker: Buyer’s Stock Price Rises).
2/15/2004	USA Today	Fariborz Ghadar, director of the Center for Global Business Studies, discusses megamergers in the telecommunications industry, which may prompt smaller companies like Qwest to seek partners. “I don’t think they have the scale and scope to go it alone,” Ghadar says (Megamergers May Push Others To Seek Partners).
2/15/2005	United Press International	Fariborz Ghadar, director of the Center for Global Business Studies, discusses a predicted slowdown of the world’s economy in 2005. According to Ghadar, it’s nothing to worry about with rapid gross domestic product growth rate in China of 9.5 percent, United States of 4.4 percent and a pickup in growth in Europe. “You would anticipate that when everybody starts to pick up, the growth rate will be faster and if the economy is more or less matured it becomes slower,” Ghadar says. “So I don’t think it is disconcerting at all” (Economists Predict World Economic Slowdown).
2/1/2005	Baltimore Sun	Fariborz Ghadar, director of the Center for Global Business Studies, discusses the need for workers to learn new skills. “People say the jobs being created are not just flipping hamburgers,” Ghadar says. “They’re high-tech jobs, medical jobs. I don’t buy jobs being created are lower-paying than ones that disappeared” (Imports Remain Key Part Of U.S. Economy).
3/27/2005	Journal News	Fariborz Ghadar, director of the Center for Global Business Studies, discusses the need for workers to learn new skills. “People say the jobs being created are not just flipping hamburgers,” Ghadar says. “They’re high-tech jobs, medical jobs. I don’t buy jobs being created are lower-paying than ones that disappeared” (Imports Remain Key Part Of U.S. Economy).
3/24/2005	New York Times	Fariborz Ghadar, director of the Center for Global Business Studies, discusses increased opportunities for exporters because of the falling value of the dollar. According to Ghadar, the weaker dollar can benefit small brand-name exporters that piggyback on global brands, like those that sell components for IBM computers or Cisco routers. It can also help exporters in competitive fields that have an intimate relationship with their customers, like toolmakers or auto-parts suppliers, if they have the means to deliver their products quickly and transfer payments back to the United States at low cost (Export Opportunities Aren’t Just For The Big Guys).
2/15/2004	Los Angeles Times	Fariborz Ghadar, director of the Center for Global Business Studies, writes in an op-ed about global population shifts. “Governments and corporations will need to adapt to aging labor pools, rising fiscal pressures from strained pension systems, rapidly changing consumer preferences aimed at ever older age segments and new lifestyles geared to the old  to name just a few of the changes this tectonic force implies,” Ghadar writes. “The prospect for new inter-generational frictions in many societies  especially those with a rapidly diminishing worker-to-retiree ratio  is significant (Will They Feed Us When We’re 65?).
3/7/2005	United Press International	Fariborz Ghadar, director of the Center for Global Business Studies, discusses the European Union’s drive to recruit technology talent and the increasing competitiveness of Asia. “If nothing changes very much we will see a gradual shift by international students away from the United States and Western Europe to staying in their own schools,” Ghadar says. “In my opinion, it will ultimately damage the U.S. economy. We will be at less of an advantage if we don’t change” (PoliSci: EU Pushes To Recruit Tech Talent).
3/5/2005	Pittsburgh Post-Gazette	Fariborz Ghadar, director of the Center for Global Business Studies, discusses the possibilities in China for H.J. Heinz. “The opportunity there is enormous,” he says, citing a Chinese economy that is growing by 7.5 percent to 10 percent a year, far faster than the United States and European Union countries (Heinz Cooks Up China Strategy).
4/1/2005	Star-Telegram	Fariborz Ghadar, director of the Center for Global Business Studies, writes in an op-ed about global population shifts. “Governments and corporations will need to adapt to aging labor pools, rising fiscal pressures from strained pension systems, rapidly changing consumer preferences aimed at ever older age segments and new lifestyles geared to the old  to name just a few of the changes this tectonic force implies,” Ghadar writes. “The prospect for new inter-generational frictions in many societies—especially those with a rapidly diminishing worker-to-retiree ratio—is significant (Will They Feed Us When We’re 65?).
5/15/2005	The Boston Globe	Fariborz Ghadar, director of the Center for Global Business Studies, discusses changing realities in the aviation industry. “The economics are going toward Asia, which means that travel is going toward Asia, which is one reason Airbus is making this bet (on the A380),” Ghadar said (Airbus, Boeing Take Diverging Routes On The Future). The article also appeared on the Web sites of the Kalamazoo Gazette and The Register-Guard
5/5/2005	The Associated Press	Fariborz Ghadar, director of the Center for Global Business Studies, discusses the growing awareness of Latino culture in the U.S. “What you’re going to see in the United States is really sort of a shift … to be more conscious of what is Spanish and what is Mexican,” Ghadar said (NAFTA Aids Success Of Latin Beer). The article appeared on the Web sites of more than 40 media outlets including MSNBC, the Miami Herald, the San Jose Mercury News, and Forbes.
5/4/2005	United Press International	Fariborz Ghadar, director of the Center for Global Business Studies, discusses China’s recent decision to increase its use of renewable energy. “They are going to be looking for all sorts of energy sources,” Ghadar said. “Renewable sources such as wind and solar are clearly a possibility, although their dependence on oil will remain very, very high, but if the central government gives the green light (to renewable), then that is the way it is in China” (Awaiting ‘Green’ Light In China).
7/22/2005	Pittsburgh Post-Gazette	Fariborz Ghadar, director of the Center for Global Business Studies, discusses China’s decision to stop linking the price of its currency to the U.S. dollar. “I don’t think 2 percent is going to make any kind of major dent in the value of the exports or reduce the trade deficit significantly,” Ghadar said. “I think it’s a political gesture to say, ‘OK we’re doing something. Here’s a step toward liberalizing our economy’” (China Bows To Pressure, Cuts Yuan’s Ties To Dollar).
8/5/2005	Smartmoney.com	Fariborz Ghadar, director of the Center for Global Business Studies, discusses the dramatic rise in the price of shares for China’s No. 1 search engine, Baidu.com. “I think the stock’s rise is outrageous,” Ghadar says. “This is another one of those bubbles. At the $27 offer price it was trading at 64 times sales. Even though its sales tripled last year, that doesn’t justify a 64 price-to-sales ratio” (A Bubble In Beijing).
9/17/2005	Detroit Free Press	Fariborz Ghadar, director of the Center for Global Business Studies, discusses Wilbur L. Ross Jr. and the steel industry. International Steel is more stable than the separate companies before Ross bought them. “It’s more competitive now,” Ghadar said. “It’s making money.” But buyout firms like the one owned by Ross exist to make money. “He made a good deal,” Ghadar said. (Mogul Is A Parts Rebuilder).
9/11/2005	Fort Wayne Journal Gazette	Fariborz Ghadar, director of the Center for Global Business Studies, discusses American companies competing in the global market. “If you do something well, globalization opens doors for you,” he said. “If you’re just mediocre, it hurts.” (Global Competition Challenging Area Firms).
9/06/2005	The Associated Press	Fariborz Ghadar, director of the Center for Global Business Studies, discusses Wachovia Corp., Bank of America Corp. and the banking industry. “Just how many big players can exist in this industry?” he said. “You either try to become one of the top two or three banks or you become a niche player. Consumers remember who is No. 1 or No. 2. They can’t tell you who is No. 4 or 5.” (Dueling Bankers Compete With Less Fanfare). This article also appeared in The Star-Ledger, The State, Los Angeles Daily News, and on approximately 40 Web sites.
10/3/2005	Best’s Insurance News	Fariborz Ghadar, director of the Center for Global Business Studies, compares the effect on business of the SARS outbreak of 2002 and 2003 to an avian flu outbreak. “‘Immediately, it hurt the airline industry, and many companies closed down and sent their people home,’ he said.” However, “health officials and businesses are in a better position to deal with avian flu than they were with SARS, said Ghadar, because science knows more about this virus at the outset.” (Avian Flu Outbreak Revives Fears of Pandemic).
10/1/2005	Small Times	Fariborz Ghadar, director of the Center for Global Business Studies, comments on start-up companies transitioning from a founder to a new CEO. “It’s a very critical time for a new corporation,” he says. “The first CEO is more than a CEO; he’s a prophet. Everyone believes what he says.” (Parting Company: Startup’s Evolution Often Requires Its CEO To Step Aside).
11/21/2005	The Detroit News	Fariborz Ghadar, director of the Center for Global Business Studies, discusses the microwave in an article on its 60th anniversary. “With most new technologies, you suggest it’s going to have the widest possible use,” he says. “Remember—your PC was going to make your coffee and bring up your calendar at the same time.” (Don’t Dry The Dog). This article also appeared inThe Indianapolis Star.