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Economics International

How BRICS’ new bank will challenge the West

BRICS countries have launched the New Development Bank with the aim of boosting infrastructure investment. The new bank may not become a key lender in the world economy but could challenge

Finance International

What low rates and high prices mean for investors

With few underpriced assets and interest rates at historical lows, do investors face a bubble or a stable– and unprecedented– leveling in markets? Spain, the jittering economy that recently prompted fears about

Economics International

Why emerging market leaders should read Thomas Piketty

Thomas Piketty brought the debate over wealth inequality into the limelight in the US and Europe, but it could have an even larger impact on emerging and frontier markets. Six

International Natural resources and energy

SEC implements ‘conflict mineral’ rule

The U.S. SEC’s ‘conflict mineral rule’ now requires companies to disclose their use of conflict minerals that originated in the Democratic Republic of the Congo (DRC) or an adjoining country. The rule

Economics International

Local retailers have edge in frontier markets

Growing retail markets in Africa and parts of the Middle East carry vast potential for local retailers, if they can manage to break into them. In much of the developing

Economics International

Why corporate culture needs risk literacy

Risk can be calculated with at least fair amount of confidence. Uncertainty cannot. Therein lies confusion. It is important to recognize the distinction between two fundamental but closely related concepts

International Technology and infrastructure

Transportation on the verge of dramatic changes

The trend toward computerization promises to create enhanced efficiency in transportation sectors such as the trucking industry and aviation. However, this shift also threatens to take away jobs. In most supermarkets

Economics International

3 reasons economists keep forecasting growth wrong

The Fed and IMF again downgraded US growth projections, as they have done repeatedly for the last five years. When the Federal Reserve and the IMF downgraded their forecasts for

International Politics

Moldova Elections 2014: 5 Things to Watch

Moldova’s upcoming elections in November present short-term and long-term political risks. Here are five specific events to watch in the coming months. 1. Short-term support for the European Union The situation in Moldova

Economics International

Iran-South America trade suffers as relations thaw with the West

Iran’s relations with South America under former president Ahmadinejad now face a decline in economic cooperation, as Iran mends its ties with the United States. Will improved relations between Iran and the