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How the Super-rich Will Be Spending Their Money as Wealth Trends Fluctuate
As part of its upcoming 2020 Global Wealth Migration Review, New World Wealth examines the potential impact of coronavirus on the spending habits of millionaires. According to New World Wealth, there are some 13 million high-net-worth individuals in the world
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Founder & Executive Chairman of FLI Global Michael Flynn: On the ESG Front Line with a Solid Set of Values
Michael Flynn is the founder and Executive Chairman of FLI Global. A business created in the 1980s that is still an action oriented sustainable solutions provider in the front line of environmental protection and has adapted and changed as the
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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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