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Cartica’s ‘Secret Sauce’: Female Leadership, Humility, and Action
Teresa Barger spent 21 years at the International Finance Corporation (IFC) investing in emerging market companies around the world. At the IFC, she held the positions of division manager for Africa, deputy director of investment review, director of private equity and
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The Gig is Up … or Is It?
The gig economy is anything but stable — but it can be the last line of defence in a crisis, argues Yogesh Patel The pandemic has left 25.7m people in the US either without work or facing pay cuts. In
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Mahendra Singh Dhoni: Captain Cool Meets his Younger Self to Pass on Business Tips
Mahendra Singh “MS” Dhoni, one of India’s most celebrated cricket players, has earned the nickname “Captain Cool” for his calm resolve on the pitch. His reticence with the media has lent Dhoni an air of mystique, too. On the rare
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Global Imbalances and the Pandemic
The International Monetary Fund’s tenth annual External Sector Report (ESR, August 2021) shows how current account deficits in the global economy widened in 2020 during the pandemic. On the other hand, the ESR also argues that overall, the misalignment between
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Naomi Osaka: Champion of Tennis, Fashion — and Endorsements
Naomi Osaka has stormed the tennis scene, snatching up enough titles and endorsements to break some of the game’s most impressive records. Her victories over Serena Williams at the 2018 US Open and the 2021 Australian Open have cemented her
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Rescue by Helicopter Reserves
The world woke up on Monday 23 with higher international reserves for all countries. A new allocation of US$650 billion (SDR450 billion) in Special Drawing Rights (SDRs) by the International Monetary Fund (IMF) to its member countries has entered into
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Deloitte: Constructing a Sustainable Future in the Middle East
Towards the end of 2019, at the United Nations Climate Change (COP25) conference, the UN Secretary-General António Guterres warned that a “point of no-return” on climate change is “in sight and hurtling toward us.” Against this warning, the World Economic
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China’s Renminbi Needs Convertibility to Internationalise
On July 21, the Official Monetary and Financial Institutions Forum (OMFIF) published its eighth annual report on Global Public Investors (GPI). It included a survey the asset allocation plans of reserve managers of central banks, sovereign wealth funds, and public
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World Debt Anchor to Keep Interest Rates and Growth Low
Debt — both public and commercial — is exploding in the US, and internationally. Interest rates are being kept low by the central banks. The governments in the US and southern Europe cannot afford a rise in the rates on
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EY: Argentina’s Need for Tax Reforms, and How They Could Be Achieved
The current Argentine macroeconomic situation is characterised by Covid-19 recession, inflation, record tax pressure, a reduction in tax revenues, poverty levels standing at 42 percent and rising, and government spending exceeding genuine financing possibilities. Sovereign debt refinancing is still under
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