Welltec: Building on a Heritage of Innovation to Drive Efficiency and Sustainability

Since Welltec was formed 25 years ago, its mission has been to increase operational efficiency and quality, and to improve safety and sustainability in the oil and gas sector. Those early sentiments and that commitment to innovative thinking – which

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KC Li’s Career Started High… And Then It Took Off Big Time

KC Li, economist and chairman of SBM, wears many hats. He has an enviable career history. After attaining a BSc (Econ) from the LSE and an LLM in international tax law, he started his career as a lecturer in public

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The Primacy of Politics Returns

A celebrated political economist who received fifteen years of fame for identifying the housing bubble and predicting banking crisis of 2008-9 now seems to have lost hope. In a recent article, Nouriel Roubini presents ten reasons why he thinks the

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European Commission Warns Banks

There is money in the bank – and that is where it mostly stays. The credit facilities that are meant to help households and businesses finically survive the pandemic are being approved at an alarmingly relaxed rate by banks struggling

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Otaviano Canuto: Channels of Transmission of Coronavirus to Developing Economies from Abroad

In a previous article, we highlighted how developing economies have faced simultaneous shocks from their external environment, as pandemic and recession curves have unfolded abroad (Canuto, 2020a). In addition to financial shocks, there have been declines in remittances, tourism receipts, and commodity

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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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