Last year experts raised their eyebrows when the Morrison government announced Australia would abandon its contract for French-built Attack class submarines, in favour of eight nuclear-powered submarines delivered under the AUKUS partnership. Retired Royal Australian…
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© Reuters. FILE PHOTO: Michael Wirth, Chairman and CEO Chevron Corp., speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 1, 2022.…
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Boosted by a strong year for stocks and swift economic growth, U.S. giving in 2021 totaled a near-record US$485 billion. Individuals, foundations, estates and corporations gave more to charity in 2021 than before the pandemic,…
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Poor management and ineffective supervision often trigger bank failures, and may outweigh macro factors as causal or aggravating conditions. Bad management and weak supervision are closely bound up together. Irrespective of the macro context, when…
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© Reuters. FILE PHOTO: Installations of the Limetree Bay petroleum refinery are seen in St Croix, U.S. Virgin Islands June 28, 2017 when they were owned by Hovensa. REUTERS/Alvin Baez By Laura Sanicola (Reuters) –…
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An EU/UK plan to ban their insurers from providing cover to ships transporting Russian oil is causing tensions with Washington. America contends that Europe’s dominance of global insurance will make it very difficult for Russia…
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I woke up on Friday morning a pawn in a Kafka-esque story. Except I hadn’t been transformed into a chess piece but was a diplomatic pawn, a small player in a much larger international story.…
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© Reuters. An aerial view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022.…
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Often when one thinks or writes about urbanisation in Africa, mega-cities or primary cities like Lagos, Nairobi, Addis Ababa or Kampala, come to mind. Little, however, is written about places like Gabés in Tunisia, Touba-Mbacké…
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National Bank of Romania board room In November 2021, Mario Marcel – then governor of the Central Bank of Chile – appeared before a Chilean constitution committee.1 Among the battery of questions he faced about the…
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