What will drive African development? This question was discussed at the most recent Davos meeting. Growth in infrastructure will be a key component to this development. In particular, expanding and strengthening its power supply will be crucial and is presenting exciting opportunities. Mark Mobius explores the current African electricity infrastructure and the various companies developing solutions in the region.
Greece has just sworn in the leader of its anti-austerity party as Prime Minister. Greece still has obligations to meet tied to its bailout funded by the IMF, European Union and the European Central Bank. This article recently published by the BBC looks at the challenges facing Greece and the importance of upcoming economic negotiations.
The drastic drop in the price of oil has been making news headlines of late. Whether this is good or bad for the global economy is the topic of much debate. Chris Giles of the Financial Times looks closely at the effect of lower oil prices on the world economy as well as the economic impact this will present on specific oil-producing nations.
After more than 50 years, the US is set to restart diplomatic relations with the island nation of Cuba. In this article,
CNBC has put together a comprehensive look at the impact of recent oil price shocks and how they impact (both positively and negatively) various aspects of the global economy.
At this time of year, many people turn their attention to charitable giving and how their gift can make the biggest impact. In this article, Paul Sullivan of the New York Times explores how people donate, the connection they seek to make with charities and the role of donor-advised funds in philanthropy.
In this article, Ross Kerber of Reuters explores why 85% of active large-cap stock funds are lagging their benchmarks. Kerber explains how active managers are trying to attract attention to capture and retain business.
With recent positive economic news, it might be worthwhile to review quantitative easing. Andrew Walker of the BBC World Service explores how quantitative easing works, why it was used by the Fed to try and rescue the economy and if the policy truly has had a positive impact on the US economy.
Happy Thanksgiving, Everyone!
Turkey might be 13% cheaper this year, but as Adam Chandler of The Atlantic explains, the overall price of your holiday feast will rise.
This article by Leslie Norton of Barron’s examines at the rise of the economies of Vietnam, Cambodia, Laos, Thailand and Myanmar – what Norton refers to as the “New China.” The article looks at how these countries are rapidly expanding their manufacturing industry and the pressure their development has put on the Chinese economy.