The government has struggled for a long time to privatize its state-owned electricity company in the hope that doing so would break open this bottleneck to development.
An end in sight to Nigeria’s chronic power shortages
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Monthly Archives: September 2013
Ruffling China’s trade figures
Photo Credit: Getty Images/Ian Forsyth
Usain Bolt. Belgium. Racing pigeons. Together they provide a vignette of why China’s trade statistics have to be regarded with a wary eye.
Venezuela goes to China for cash and more
President Nicolas Maduro is building upon the strong relationship with China that his predecessor Hugo Chávez initiated more than a decade ago
Anatole Kaletsky: Why markets don’t fear a government shutdown
Once the Washington gridlock is broken, the U.S. economy and financial markets could jump back to life like a coiled spring.
The global land rush
Farmland acquisitions abroad are occurring on a scale and at a pace not seen before and represent a new stage in the emerging geopolitics of food scarcity.
U.S. Fed’s reprieve for the Fragile Five only temporary
The U.S. Fed’s surprise decision not to taper has eased the pressure on the currencies of India, Indonesia, Brazil, Turkey and South Africa, but not removed the need for structural reforms.
What’s at stake at the world’s potential largest hydroelectric dam?
DR Congo wants to build the world’s biggest hydroelectric dam, Grand Inga, with almost twice the capacity of China’s Three Gorges. The challenges, costs and controversy are as massive.
U.S. Fed seeks to get out from between a rock and a hard place
U.S. central bank feels the time is right to start putting away the unorthodox monetary policy that has come to define the aftermath of the 2008 financial crisis.
Who is still in to be the next chair of the U.S. Fed?
Larry Summers has dropped out leaving Janet Yellen as the new front runner, but there are other candidates under consideration to succeed Ben Bernanke when he steps down as chairman of the U.S. Fed in January.
The 2008 financial crisis five years on
September 15, 2024 was the day a meltdown in America’s sub-prime mortgage market and the securitized products derived from those mortgages became the 2008 global financial crisis.
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