Business

Out of obscurity

Mek 2b

The Asian giant has been helping its neighbour’s economic development for more than two decades Asia Times By SANDRA LOWE Laos’ emergence on the regional and international stage has seen it formulate the ambitious goal of shedding its… Out of obscurity… Read More »

Don’t divest from Emerging Markets: dollar highs won’t last

Investing - Asia Times

Long-term outlook for emerging markets with good economic freedom isn’t helped by a strong dollar – but a strong dollar isn’t what Donald Trump wants Asia Times Jerry Bowyer The question going forward for Emerging Market investors is this: “What will be the cost of being well diversified globally?” Is EM to be zeroed out, as… Don’t divest from Emerging… Read More »

ECB’s quantitative easing programme investing billions in fossil fuels

Tex 6f

EU emissions pledge could be undermined by bank’s investments in oil, gas and auto industries, new analysis shows The Guardian Arthur Neslen in Brussels The European Central Bank’s (ECB) quantitative easing programme is systematically investing billions of euros in the oil, gas and… ECB’s quantitative easing… Read More »

End tax breaks for the rich: Editorial

Eig 1a

A new report shows the injustice of Canada’s system of tax breaks. The Star Every year, Ottawa spends about $110 billion to help poor and middle class people through programs like the… End tax breaks… Read More »

Erdoğan’s call to citizens: Sell dollars for lira, gold

Dollars US 1a LLLL AFP photo

President Recep Tayyip Erdoğan called on Turkish citizens on Dec. 2 to convert their foreign exchange into gold or the Turkish Lira, adding that there was no option other than cutting interest rates to spur growth. Ηurriyet Following his remarks in Ankara, the lira saw fresh lows against the U.S. dollar. “Those who… Erdoğan’s call to… Read More »

Hebrides Range missile range secure until 2028

Proter 1a

The future of the UK’s largest missile range, based in the Western Isles, will be secure until 2028 following an announcement by the range’s operators that it has been awarded a £1bn contract amendment from the Ministry of Defence. (MoD) The Scotsman SHÂN ROSS QinetiQ, a leading science and engineering company, the… Hebrides Range missile… Read More »

Asylum Seeker Resource Centre Wins Social Enterprise Award

Asylum seeker - Pro bono

The Asylum Seeker Resource Centre’s catering business was one of eight social enterprises honoured at the annual Social Enterprise Awards. Pro Bono Australia Ellie Cooper ASRC Catering took out the award for social enterprise of the year (small) on Wednesday evening. “We were really, really pleased last… Asylum Seeker Resource Centre Wins… Read More »

America Needs More Energy To Power Its Manufacturing Resurgence

Karvu 1a

Due to a confluence of technology, existing infrastructure, workforce, rule of law and markets, America is on the verge of a massive manufacturing boom that will boost domestic energy demand while adding jobs and lifting incomes. The Daily Caller Chuck DeVore The fuel for this coming boom is simple: the… America Needs More… Read More »

ABCC: The deals done to get the key industrial relations bill through the Senate

ABCC - ABC

They say politics is the art of compromise and there is no better recent example than the bill to reinstate the Australian Building and Construction Commission. ABC Jane Norman After years of political warfare, the Senate has passed the ABCC bill with the support of the One Nation Party, Nick Xenophon Team and crossbenchers David Leyonhjelm and Derryn Hinch. But it took a whole lot of compromise and cross-trading to… ABCC: The deals done to get the… Read More »

Trump expected to name financier Steve Mnuchin to Treasury

Strau 7g

President-elect Donald Trump is planning to name investor and former Goldman Sachs executive Steven Mnuchin as treasury secretary, opting for an industry insider with no government experience to helm the agency in charge of the nation’s finances, according to people familiar with the matter. The Washington Post By Ylan Q. Mui and Philip Rucker Mnuchin (pronounced mah-NEW-chin) joined Trump’s whirlwind… Trump expected to… Read More »

The colossal African solar farm that could power Europe

Strau 8h

We visit a vast power plant at the door to the Moroccan desert that is helping to define the energy future of the world. BBC By Sandrine Ceurstemont The minibus crosses the vast plateau on a newly paved road. Cracked fields stretch away towards the Moroccan desert to the… The colossal African… Read More »

Meet the entrepreneur solving pollution and homelessness at the same time

Tuv 3c

Waste not, want not might be an old-fashioned axiom confined to the lexicon of finger‑wagging grandparents, but a 34-year-old from Colombia has turned it into his life mission. The Telegraph By Lauren Davidson, property editor Bogota-based Oscar Méndez is, to borrow another saying, killing… Meet the entrepreneur… Read More »

How Iran Hopes the Nuclear Deal Will Revive Its Economy

Strau 3c

Rouhani’s first target is the country’s corrupt banking system. The National Interest Farhad Rezaei From the beginning of his presidency, Hassan Rouhani and his team considered the Joint Comprehensive Plan of Action (JCPOA) negotiated between Iran and… How Iran Hopes… Read More »

Cooling-off periods for consumers don’t work: study

The Conversation jpeg

When customers are offered a “cooling off” period, they don’t change their minds, even when the alternative is considered subjectively better, our research finds. The Conversation We also found that some consumers (around 30%) only responded when contacted by the seller and asked if they would still like to opt in. Under current Australian consumer law, Australians have a… Cooling-off periods for… Read More »

The economy may collapse soon: Daron Acemoğlu

Verg 1a

The Turkish economy may collapse in a couple of years if politicians do not show the West that the economy is trust-worthy, Daron Acemoğlu, Professor at the Massachusetts Institute of Technology (MIT), told the daily Hürriyet. Çınar Oskay – ISTANBUL “Economic growth comes from consumption and consumption is encouraged by loans. This is not… The economy may… Read More »

EU in ‘Mexican standoff’ over independent checks on car emissions

Vert 2b

Leaked documents reveal EU pledge to carry out tests deleted from draft as governments come under pressure from carmakers The Guardian Arthur Neslen Plans for independent checks of how much pollution new cars emit are being killed off by EU member states, according to leaked documents seen by the… EU in ‘Mexican… Read More »