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Orban on Orbán: Cease and Desist, Your Position Is Untenable
Europe’s other ‘Orban’ sounds much more reasonable than the vociferous original one. Prime Minister Ludovic Orban of Romania yesterday chastised his Hungarian namesake for refusing to respect the founding principles of the European Union: “Saying that you don’t agree to
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Poverty Myths, and Professorial ‘Power Couple’ Dispelling Them
Abhijit Banerjee and Esther Duflo give new meaning to the term “power couple”. The husband-and-wife team are economics professors at Massachusetts Institute of Technology (MIT), critically acclaimed authors and, most recently, Nobel laureates. The duo has dedicated their lives to
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ARA: REIT Pioneer Wins Recognition for its Transformative Efforts in Sustainability
Established in 2002, ARA Asset Management Limited (ARA) is a leading APAC real assets fund manager which manages real estate investment trusts (REITs), private real estate equity and credit funds, and infrastructure funds with a footprint in 28 countries globally,
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Moderna Delivers Booster Shot for Wavering Markets
Equity markets received a potent booster shot on Monday and barrelled ahead on news that a vaccine developed by US biotech group Moderna had obtained an astonishing 94.5 percent inoculation rate in late-stage trials. On Monday, the benchmark S&P 500
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Joe Biden No Panacea to Global Trade Troubles
The imminent departure from the White House of the self-styled dragon-slayer does not necessarily bode well for Chinese President Xi Jinping. Though the incoming Biden Administration is expected to take a less ideological approach to international trade, a reappearance of
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Don’t Expect Miracles from the Multilaterals
by Otaviano Canuto Latin American and Caribbean economies need help, but organisations such as the IDB are also stretched thin. With Latin America and the Caribbean potentially facing years of difficulties due to the pandemic and related economic crises, attention
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Fed Chair Powell: “Recovering to a Different Economy”
A river runs through it. President Christine Lagarde of the European Central Bank (ECB) argues that safely fording the ‘big river of uncertainty’ that runs through the global economy requires a sustained fiscal and monetary effort. Major interventions by central
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Commissioner Gentiloni on EU Economy: Andante Ma Non Troppo
The V-shaped economic recovery expected to unfold next year is merely an illusion sourced from wishful thinking. Yesterday, EU Commissioner for Economy Paolo Gentiloni warned of a double-dip recession and said the European Commission mulls an extension by at least
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Tech, Trust, and Women’s Role in Creating the Future
Cecilia Harvey’s jaw-dropping career was launched by a chance careers-day visit to Wall Street. Today, she is a woman on a mission. Several missions, actually. One of those missions is to reverse a crisis of trust in technology. “Now is
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Investors Depart as Tech Stocks Come Under Assault
Zoom zonked out this week. Investors dumped shares in the videoconferencing service during a wholesale selloff that drove the company’s shares over the cliff, lopping 17 percent off its market cap on Monday and another 6 percent yesterday. A more
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