Word: investingations
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The reason for that is clear enough. At a time of extreme stress in global-equity and credit markets, many governments have surplus foreign exchange to play with--and because of the falling U.S. dollar, they are increasingly interested in investing their cash where it can earn greater returns than...
That's a conservative strategy, considering the bargains that may be available from investing in subprime-stressed financial institutions in the West. After all, Abu Dhabi's SWF will reap an 11% annual yield from its Citigroup stake, nearly double the dividend yield currently available to ordinary shareholders. Having been...
On Jan. 14 you get sworn into office as the nation's youngest governor. What are you most nervous about? There's an anxious optimism in Louisiana. An optimism where people know that our state can be better, but an anxiety that if we don't get it right now...
Targeted divestment is a popular and oft-proposed solution for some of the worst atrocities in the world. In November, Massachusetts Governor Deval L. Patrick ’78 signed into law a targeted divestment bill aimed at putting pressure on the Sudanese government to cease the genocide in Darfur...
According to many commentators on Latin American politics, the failure of last week’s referendum on proposed amendments to the Venezuelan constitution represents a welcome reprieve from the country’s (leftward) drift away from democracy. In a December 8th editorial provocatively entitled “Authoritarians...