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Ellen Ochoa: How Dreams Come True
Going into space is the stuff of dreams, fiction, or fantasy. Plans for space tourism may materialise in the future, but currently astronauts are a very select group numbering around 550. Growing up in California in the 1960s, schoolgirl Ellen
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The Time Is Now: Paradigm Shift Signals Opportunity
Few people realise that in 2013 a turning point was reached. In that year, emerging economies displaced developed markets as the main engines of global economic growth. This was not a one-off event or an oddity: it signalled no less
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A Memorable Faux Pas: Warren Buffett Gets His Facts Wrong
Billionaire investor guru Warren Buffett has come to the defence of the American Dream – the promise of intergenerational upward social mobility enabled by a society that values hard work and knows few, if any, barriers. Usually quite sensible, spirited,
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Evan Harvey, Nasdaq: Stock Exchanges, European Capital Markets, and Sustainability
Sustainability is already part of the global market ecosystem. Exchanges and regulators have embraced it, researchers and academics have validated it, and the law in many places already requires it. Even if the perspective remains limited to the US Supreme
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Otaviano Canuto, World Bank Group: BRICS Apart as Oil Prices Plunge
The oil price plunge since last June has been deemed, overall, as a boon for the global economy. However, that depends on where one stands as a producer or user, as illustrated here with the divergence of impacts on BRICS
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Mary Jo White: Pushing Back Softly but Relentlessly
Over the course of her career, Mary Jo White, the current chair of the US Securities and Exchange Commission (SEC), has accumulated much experience going after mobsters, terrorists, and financial fraudsters. As New York district attorney, a position she held
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Oil Price Plunge Analyzed In New World Bank Policy Research Note
Rapid expansion of oil supply from unconventional sources, a significant change in OPEC’s policy stance, and weak global demand are driving the recent plunge in oil prices, according to a new paper by the World Bank. These underlying forces are
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Bill Clinton: Words of Real Value
As nations and economies converge, interdependencies are created between people and give rise to new challenges. To strengthen the capacity of people to deal with these and the other changing realities of the contemporary world, the Bill Clinton Foundation was
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The Surprising Vitality and Resilience of NASDAQ
At the close of yesterday’s business, the tech-heavy NASDAQ index was just about forty points shy of hitting its all-time record high of 5,048.62 attained on March 10, 2000 (with an intraday peak of 5,132.52). The Dow Jones Industrial Index
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New World Bank Green Bond Is a Story of Market Growth and Innovation
Green bonds have created a new way for investors to achieve the return they need while also supporting climate-friendly development projects. Many long-term investors today consider climate risk and sustainability in their investment choices. The investor base in green bonds
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