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New Mayor Sells Off São Paulo
New mayor of São Paolo João Doria, a businessman, plans to sell the racing circuit of Interlagos and the operation of Pacaembu soccer stadium.
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Insider At UN To Mitigate Antiglobalism
António Guterres, the former prime minister of Portugal and UN high commissioner for refugees, took over on January 1 for a five-year term as the United Nations secretary general.The fact that Guterres ran a major UN agency during a global refugee crisis would help him to focus on ways to better integrate the various UN operations and to partner with other institutions.
Economics, Policy & Regulation
Jack Ma Pledges US Jobs. Sort Of
Alibaba executive chairman Jack Ma stood side by side with president-elect Donald Trumpon January 9 to tout Alibaba plans that would “create one million [US] jobs.” Turns out, the plans are to support exporters, which may or may not create jobs in the US.
Economics, Policy & Regulation
Old Essay Shines Light On Trumps Trade Rep
A35-page essay in the archives of the US-China Economic and Security Review Commission shows howRobert Lighthizer, a veteran attorney who is now Trump’s pick for US Trade Representative, might approach America's$30 billion-a-month trade deficit with China.
Economics, Policy & Regulation
Tough Negotiator To Lead Canada’s Foreign Ministry
Former Canadian trade minister Chrystia Freeland will head the Foreign Ministry.
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Banks and Fintech Finally Pull Together
The “digital revolution” has been famously disruptive in retail, but in banking it seems finance firms are seeking more cooperation with technology.
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Blockchain: What’s All The Fuss About?
The cryptocurrency Bitcoin was the first working example of a blockchain, or distributed ledger, but important as it has become, it barely begins to explain why banks, regulators (including central banks) and tech firms are all over this technology.
Economics, Policy & Regulation
Fresh Challenges For New Leader At Coke
The Coca-Cola Company, one of the most identifiable international brands in the world, is changing its leadership.
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Kiwi Prime Minister Inherits Strong Economy
The new prime minister of New Zealand has his work cut out for him, despite a relatively strong economy.
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OPEC Vows To Slash Supply, But Doubts Persist
Some saw November’s decision by OPEC to cut crude oil production as a turning point in the cartel’s credibility, but many question the durability of the deal.
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Romania: New Govt Seeks To Spark Growth
Romania’s voters gave an overwhelming endorsement to the Social Democratic Party (PSD) in the December 11 parliamentary elections. Now the challenge is to spur growth while keeping a lid on corruption.
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Rosneft Sale A Coup For Putin Confidant
Rosneft CEO and Putin allyIgor Sechin played a key role in selling off a stake in the giant state-ownedmining concern.