Word: capitalisme
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That will be a tricky prospect, considering the lse has seen off a succession of foreign takeover attempts in the past few years. Under ceo Clara Furse - the bourse's first female boss in its 200-year history - the lse has knocked back offers from rival European operators like Deutsche...
White and black South Africans who believe that racial change is inevitable had hoped to demonstrate in Natal that apartheid could be dismantled by ballots rather than bullets. The province, although it has a low proportion of whites, seemed an auspicious testing ground. Relations between the 569,000 whites, 6...
If folks in the Yucatan and the Andes thought Washington was really engaging those needs, it might well give Chavez and his ilk less of an excuse to move further left. It might also help Latin America find its own third way between radical socialism and reactionary capitalism, extremes that...
But a factor that could weigh on China's continued export growth is its strengthening currency. After years of urging by Washington, Chinese authorities have allowed the yuan to rise about 5% against the dollar over the past 18 months. That makes Chinese goods more expensive in America, and the...
That globalist warning bell may ring true in Davos, but in Thailand, ground zero of the 1997 Asian financial crisis, economic protectionism is on the rise. "There are several members of the coup Cabinet who believe Thailand is too dependent on foreign investment," says Supavud Saicheua, head of research at...