2008 Media Coverage
List of FG's media coverage in the year 2008
2008 Media Coverage
| Date | Media | Discussion |
| 1/3/2008 | Pittsburgh Post Gazette | Fariborz Ghadar, director of the Center for Global Business Studies, comments on the reasons behind the high price of oil. "We're not doing anything to encourage oil exploration and production," Ghadar said. "$100 is now not a plateau, it's a base ... it will continue to go up until we encourage production." (Oil Prices Hit $100; $4 Gasoline May Be Next). |
| 1/4/2008 | Bloomberg News | Fariborz Ghadar, director of the Center for Global Business Studies, comments on the rise in personal bankruptcies. "Short-term borrowings on credit cards likely drove the rise in individual bankruptcy filings last year, said Ghadar. 'Credit card borrowings are quite substantial,' Ghadar said, adding that any rise in the unemployment rate may prompt an even larger surge in bankruptcies." (Bankruptcy Filings Up 40 Percent Last Year). |
| 3/18/2008 | Pittsburgh Post Gazette | "Losing headquarters is not very attractive," said Fariborz Ghadar, director of the Center for Global Business Studies at Penn State's Smeal College of Business. "I think it's a negative, but it's not as negative as you would immediately think." |
| 4/9/2008 | The Wall Street Journal | Fariborz Ghadar, director of the Center for Global Business Studies, comments on the employment market for petroleum graduates. "The national oil companies will continue to have a reservoir of graduates and be able to cherry-pick the best ones, says Fariborz Ghadar. ... 'Over the longer term, this will challenge Western oil companies in the knowledge department,' he says, citing skills like the latest drilling techniques and methods for recovering hard-to-get oil at existing fields." (Where Oil Experts Come From). This article also appeared in The Wall Street Journal Europe. |
| 4/16/2008 | The Patriot-News | Fariborz Ghadar, director of the Center for Global Business Studies, comments on rising consumer product prices. "Prices of nonfood items at grocery stores have increased, especially in the last two months, according to Fariborz Ghadar. ... The reason is that the costs of making and transporting those items -- paper products, detergents, and toothpastes, among others -- have increased, he said." (12 Ways To Save: Nonfood Grocery). |
| 5/14/2008 | Chicago Tribune | Fariborz Ghadar, director of the Center for Global Business Studies, comments on Hewlett-Packard's acquisition of Electronic Data Systems. "This is an order of magnitude bigger than what [HP CEO Mark Hurd] has done before," Ghadar said. (For HP's Hurd, EDS Deal Will Test Resolve). This article also appeared in the Los Angeles Times, Denver Post, and Hartford Courant. |
| 6/2/2008 | The Street.com | Fariborz Ghadar, director of the Center for Global Business Research, comments on small businesses going global. "Smaller technology companies have to take advantage of the global market very quickly," Ghadar says. "If you don't go globally quickly, you're leaving money on the table." (If GE Thinks Globally, Shouldn't You?). |
| 6/5/2008 | Arkansas News Bureau | Fariborz Ghadar, director of the Center for Global Business Research, comments on the prospective loss of jobs in the Alltel-Verizon merger. "If you're going to save $1 billion, you're going to have to do some cost-cutting, which means unfortunately a number of people in Arkansas are going to have to be moved out of Arkansas or basically let go," Ghadar says. (Alltel Employees Get Memo About Merger) |
| 6/19/2008 | Investor's Business Daily | Fariborz Ghadar, director of the Center for Global Business Research, comments on the Chinese plan to cut national oil subsidies. "Ghadar said the price change policy in China might produce a temporary easing of global demand growth, but wasn't likely to stall pressure to produce more oil. 'This is a nice short-term blip, but our fundamentals in constraints in energy will continue,' he said." (Oil Retreats $4.75 As China Says It'll Hike Energy Prices). |
| 6/20/2008 | The Street.com | Fariborz Ghadar, director of the Center for Global Business Research, comments on the use of petroleum. Ghadar "estimates that 10 to 15 percent of the petroleum drilled around the world goes to uses other than fuel for transport and heating. In the U.S., an additional 20 percent of the petroleum we use goes to agriculture in the form of pesticides and other chemicals and fuel for farm equipment, he says." (How To Get The Oil Out Of Your Life). |
| 7/7/2008 | Economist.com |
Fariborz Ghadar, director of the Center for Global Business Studies, comments on economic development in China. Ghadar "says that on the five- to ten-year horizon the key to China's future will be to ensure that inland regions rise with the rest of the country. The country can partly do so by training more engineers and scientists, and educating the workforce at a higher level." (Rebuilding). This article also appeared in Business China. |
| 8/15/2008 |
The Christian Science Monitor |
Fariborz Ghadar, director of the Center for Global Business Studies, comments on Europe's demand for gas. "There is not enough gas in the region," Ghadar says. "The Nabucco pipeline now is dependent not only on gas from the Caucuses and from east of the Caspian, but also from Iran." (Georgia-Russia Conflict Shows EU's Energy Vulnerability). |
| 10/14/2008 |
The Star-Ledger |
Fariborz Ghadar, director of the Center for Global Business Studies, comments on the appeal of General Motors to younger car buyers. "I don't see kids graduating from school and saying, 'I have to have XYZ car,'" Ghadar said. "I do see them wanting an iPod or a new computer." (Why GM (Still) Matters). |
| 10/28/2008 |
Dow Jones Newswires |
Fariborz Ghadar, director of the Center for Global Business Studies, comments on the Federal Reserve's reaction to the financial crisis. "The fundamentals of our economy are such that I do not believe the free market could have addressed them on its own. The shock was too large," Ghadar said. (Fed Refuge For Assets Yearning To Be Liquid). |
| 10/30/2008 |
Dow Jones Newswires |
Fariborz Ghadar, director of the Center for Global Business Studies, comments on the impact of the financial crisis on China's demand for grain. "As China becomes more affluent, consumption continues to go up, so in short I believe the impact on China's appetite for our agricultural goods and soybeans will probably not be impacted in any significant level by global recession threats," Ghadar said. (Economics Not Altering Grain Export Demand). This article also appeared in The Wall Street Journal Europe and on several news Web sites. |
| 11/26/2008 |
Women's Wear Daily |
Fariborz Ghadar, director of the Center for Global Business Studies, comments on consumer confidence. "The consumer has been sort of shocked—it's like a deer with the headlights on them," Ghadar said. "[Confidence] is going to continue to be down for some time." (Retail Shares Tick Ahead As Fed Makes More Moves). |
| 11/30/2008 |
Pittsburgh Post Gazette |
Fariborz Ghadar, director of the Center for Global Business Studies, comments on the U.S. auto industry bailout. "Dr. Ghadar believes the auto industry 'is in significantly worse shape than the steel industry. ... It's politically unacceptable and that's why I think they're going to do something about it.'" (Why Big 3 Can't Follow Steel's Path). |
| 12/17/2008 |
AutoObserver.com |
Fariborz Ghadar, director of the Center for Global Business Studies, comments on the leadership of the U.S. auto manufacturers. "Remember when they brought in [former Boeing CEO Mulally to Ford in 2006]?" Ghadar said. "He's now doing relatively better than the other two. Once you get inbred, it works to your disadvantage." (New Blood? It's Another Important Issue For The Big Three). |
