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The Reassertion of National Self-Interest
The Great Society is making a comeback with Big Brother possibly in attendance. After a decades-long retreat from public life, the state is firmly back in control of society – and the economy. Private interests, sacrosanct until weeks ago, no
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Real Cutting Edge in Cancer Care is Centred on Radiation Therapy
Swedish company Elekta brings together science, technology and clinical intelligence to revolutionise cancer care. For almost five decades, Elekta has been a leader in precision radiation medicine. Radiation therapy is a critical cancer treatment, used on its own or in
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Turbulence in African Skies
Not all airlines are dropping like flies. Whilst Ethiopian Airlines suffered a loss of about $550 million in the first four months of the year and was forced to ground airplanes and furlough workers, the company moved quickly to expand
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Robed Culprits and the Struggles of Corporate America
Blame the US Supreme Court. The oftentimes maddingly short-sighted behaviour of Corporate America does not necessarily spring from the narcissism of CEOs but stems from unambiguous case law. Almost invariably, US courts have upheld, clarified, and tightened the fiduciary duty
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Waterloo or Austerlitz: EU Nears Moment of Truth
The European Union approaches a now-or-never moment when leaders of the 27-strong bloc meet in a video conference to discuss ways out of the pandemic quagmire that bogs down the continent’s economy and threatens to escalate the present recession into
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Tinkering with a Spanish Proposal
It is an idea that just refuses to die. Mere days after a Dutch-led cabal of northern Eurozone finance ministers swept the concept of debt mutualisation off the negotiating table, the prime minister of Spain ups the ante by proposing
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PwC Nigeria: Nigeria’s Finance Act Gets a Facelift to Attract Business and Investment
Earlier this year, Nigerian president Muhammadu Buhari signed the Finance Bill 2019 into law as the Finance Act of 2019 — the first amendment to the country’s tax laws since 1999. The Act, which comprises 57 sections, seeks to amend
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Making Sense of Irrational Markets and Conflicting Data
This is how an economy is destroyed: ignore small businesses because small isn’t beautiful but complicated, cumbersome, risky, and a nuisance. US commercial banks charged with the distribution of the $349 billion federal credit line earmarked for troubled companies under
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Dull but Sound: Ordoliberalism to the Rescue
A hallmark of quality recognised the world over, ‘Made in Germany’ represents a welcome victory of content over hype. The German mindset and constitution, it would seem, are almost incapable of cutting corners to maximise short-term outcomes. As such, the
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Lessons from China
For the first time in nearly half a century China’s economy has stopped growing. The National Bureau of Statistics (NBS) reported a 6.8 percent drop in economic output over the first quarter of the year. Retail sales were down by
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