As reported in Foreign Policy, “The List: Look Who’s Censoring the Internet Now.”

China and Iran have always had strict built-in fire walls for their Internet. But now, the following countries have also made the list:

• France
• India
• Argentina
• South Korea

Find out why here.

The new silver lining is that American travelers, if they have the money to spend, can strike a bargain with other people’s currency.

In Iceland, for example, the krona has tumbled as much as 45 percent (refer to graph). A South African safari costs some 30 percent less than it did last year. And in Estonia and the Ukraine, Americans can vacation like kings and queens.

Take a good look here.

Note: The graph above shows historical exchange rates between the Iceland Krona (ISK) and the US Dollar (USD) between 10/1/2008 and 3/29/2009.

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Globalization is much, much more than international trade and investment. It’s about connectedness and global activities.

Quick quote:

Still, the current wave of globalization has many unprecedented characteristics. As Internet access penetrates the most remote corners of the globe, it is transforming the lives of more people, in more places, more cheaply than ever before—and the pace of change is accelerating faster than we can hope to chronicle it.

Read the interesting essay (that includes the above quote) about this notion in Foreign Policy, “Think Again: Globalization.”