Monthly Archives: June 2013

The tatemae and honne of Japan’s recovery

June 7, 2024 by Paul Maidment in Asia-Pacific.

Japan’s public pension funds are being mobilized in the cause of making Japanese investors believe that Abenomics can rekindle growth.

U.S. households’ net worth rebuilt (almost) in one chart

June 6, 2024 by Paul Maidment in U.S..

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New numbers from the U.S. Federal Reserve show that American households as a whole have restored their net worth to pre-2008 financial crisis level, even if they give no indication of how that wealth is distributed.

Africa needs open skies

June 5, 2024 by Alex Erquicia in Africa.

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US Sec. of Defense Leon Panetta Visits Dijbouti

Africa’s aviation industry might be one of the best catalysts for the continent’s economic development but it must improve its safety, reduce fuel taxes and develop greater infrastructure in order for it to succeed.

Fledgling pan-E.U. securities regulator seeks to spread its wings

June 5, 2024 by Paul Maidment in Europe.

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Head office of the European Securities and Markets Authority in Paris.

European Securities and Markets Authority wants to get the measure of Libor; London won’t accept its wings being clipped in the process.

Murthy takes strike anew at Infosys

June 4, 2024 by Paul Maidment in Asia-Pacific.

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Infosys's N.R. Narayana Murthy (2R), and K.V. Kamath (R). Photo Credit: AFP/Getty Images/Manjunath Kiran/

NR Narayana Murthy, founder of IT outsourcing pioneer Infosys, returns for a “second innings” running the company he left 11 years ago, with investors looking for a game-changing turn at bat.

The all-purpose middle-class African consumer

June 4, 2024 by Bright Simons in Africa.

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The mining community looks on as they are addressed by their leaders during a strike at Lonmin's Marikana platinum mine in Rustenburg, 100 km (62 miles) northwest of Johannesburg, May 14, 2013. South African workers of world No. 3 platinum producer Lonmin launched a wildcat strike on Tuesday, halting all of the company's mine operations and reigniting fears of deadly unrest that rocked the industry last year. The platinum belt towns of Rustenburg and Marikana, which saw violent strikes at Lonmin and other platinum producers last year, are a flashpoint of labour strife with tensions running high over looming job cuts and wage talks. REUTERS/Siphiwe Sibeko (SOUTH AFRICA - Tags: POLITICS CIVIL UNREST BUSINESS EMPLOYMENT)

Any chance that we can begin to appreciate the African experience by going beyond the factoids?

A diverging world of work

June 4, 2024 by Alex Erquicia in Global Economy.

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TESDA Training Centre Helps Underqualified Job Seekers Prepare For Work

The world still needs to create 30 million jobs to restore global employment levels to those that prevailed before the 2008 global financial crisis; developing nations are proving better than rich countries at creating them.

Imposing the peace on South Africa’s restive mines

June 3, 2024 by Paul Maidment in Africa.

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Escalating inter-union violence in South Africa’s mines and a likely difficult round of wage negotiations in the platinum, gold and coal sectors bode ill for the economy and social stability.