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Risk literacy required at all corporate levels
The strategic process is fraught with uncertainty. Misunderstanding uncertainty and risk can undermine strategic efforts, but implementing risk literacy at all corporate levels can help mitigate the effects. Strategic management involves
Three keys to nuclear talks with Iran
The P5+1 and Iran agreed in July to a four-month extension of talks on a permanent agreement on Iran’s nuclear program. The course of these talks over the past six
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
European subsidy cuts deal hard blow to renewables
Europe has proudly led the global pack in renewable energy production for years. But as public and private budgets come under increased pressure, it is increasingly difficult to maintain the hefty
Crises around the world put a wrench in Fed plans
Investors’ flight to safety will eventually limit the Fed’s ability to normalize rates. When the US announced new sanctions on Russian officials before Wall Street opened on July 17, most
Will North Korea do a 4th round of nuclear tests?
Fears of a fourth round of nuclear testing and gradual increases in displays of military might by North Korea have left the Korean peninsula, and both sides’ allies, unsettled. On July 15,
Four ways sanctions on Russia may be intensified
In the aftermath of the recent MH17 crash, it is all but certain that international pressure on Russia will be ramped up. Here are four ways it might happen. The
Canadian aboriginal victory jeopardise energy projects
Late June, Canada’s Supreme Court granted the First Nations group Tsilhqot’in aboriginal title over a vast area of land in British Columbia. The ruling puts energy and natural resource projects there in
Chile passes ambitious reforms to avoid middle-income trap
When Chilean president Michelle Bachelet and her center-left coalition won the election last year, it was clear that reform was on her mind. President Bachelet and the National Congress have
New round of sanctions likely to affect Russia’s energy projects
Russia’s continued support for Ukrainian separatists and the downing of Malaysian Airlines Flight MH17 over Eastern Ukraine are likely to escalate the conflict. It will only prop up Western determination to