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A Memorable Faux Pas: Warren Buffett Gets His Facts Wrong
Billionaire investor guru Warren Buffett has come to the defence of the American Dream – the promise of intergenerational upward social mobility enabled by a society that values hard work and knows few, if any, barriers. Usually quite sensible, spirited,
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Nigeria: An Economic Upswing Foretold
Oil prices have rebounded from their recent lows and may yet provide temporary relief to Nigeria, allowing the incoming administration of President-elect Muhammadu Buhari to forego some of the proposed budget cuts or, alternatively, increase capital expenditure. Though market watchers
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Ten Guiding Principles to Encourage Foreign Direct Investment
Worldwide, foreign direct investment (FDI) volumes are shortly expected to breach the $3tn mark – representing fully 4% of the global GDP. Foreign direct investment and trade liberalisation, two faces of the same coin, are seen as key drivers of
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Grant Thornton: Governance vs Corporate Governance
When we hear the term “corporate governance”, we instantaneously parallel the phrase with rules and procedures, stock market regulations, codes, standards, compliance, etc. Corporate governance is perceived by many publically-listed companies as a burden that limits their freedom because of
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Evan Harvey, Nasdaq: Stock Exchanges, European Capital Markets, and Sustainability
Sustainability is already part of the global market ecosystem. Exchanges and regulators have embraced it, researchers and academics have validated it, and the law in many places already requires it. Even if the perspective remains limited to the US Supreme
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Otaviano Canuto, World Bank Group: BRICS Apart as Oil Prices Plunge
The oil price plunge since last June has been deemed, overall, as a boon for the global economy. However, that depends on where one stands as a producer or user, as illustrated here with the divergence of impacts on BRICS
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Africa: End of the Commodity Super-Cycle Weighs on Growth
Sub-Saharan Africa’s growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections released today. This downturn largely reflects the fall in the prices of oil and other commodities, notes Africa’s Pulse, a twice-yearly
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UN Spotlights Key Role of Evaluation in New Development Agenda
Evaluation will become more necessary for the post-2015 Sustainable Development Goals, a United Nations body said today, as it launched a new publication highlighting the critical role of assessment in enhancing the UN’s effectiveness, cultivating change and empowering nations. “We
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The Renewable Electricity Grid: The Future Is Now
New World Bank report finds that with the right policies and investments, countries can integrate high levels of variable renewable energy such as solar and wind into their power grids without compromising the reliability or affordability of electricity Together with
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China: Now You See It, Now You Don’t
At long last, China is living its very own Silent Spring. Or not. Since late February, well over 300 million Chinese have watched the 103-minute online documentary Under the Dome – a powerful crowd-funded exposé of air pollution and other
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