Mara Tignino and Antonella Angelini | Since its establishment in 2012, the UN Forum on Business and Human Rights has been the global standard for preventing and addressing adverse impacts on human rights connected to business activity.
New generation of private Chinese manufacturers looks for opportunities on distant continent Africa, generating billions of dollars in economic activity.
In a BofAML released today and entitled A Year Ahead Forecast So Bullish, It’s Bearish, analysts draw three main conclusions: S&P 500 expected to climb to 2800 next year, despite sharp mid-year correction; inflation could be a global game-changer for stock and credit markets, and global economic growth accelerates,while the U.S. GDP capped by productivity and wages
Venezuela has been the last to join the cryptocurrency trend by launchinng the so called “petro” in order to combat the US blockade. As reported by Chris Iggo, CIO Fixed Income, at AXA IM, “all the volatility in financial markets seems to have been transported into the virtual world of bitcoin trading”
November manufacturing PMIs published last week recorded very strong levels in Europe and the US. The rest of the world showed increased levels with only a few exceptions. For Julius Baer’s analysts “this continues to signal that global growth momentum will remain solid in the first quarter of 2018, with world trade gaining traction as a main driver.”
Why do Americans think Trump’s tax plan will benefit them if even Treasury secretary, Steven Mnuchin, referred to the projected economic growth of up to 6%, as “optimistic”?
A recent report by Citi attempts to contrast global utilities valuations and highlight key investment opportunities. Summarizing, Asian and LatAm utilities, while growing fastest at 14-16%, trade at dividend yields of 3.5% and 5.3% reflecting risks. Japanese, US and European have dividend yields of 2.4%, 3.5% and 5.5% consistent with their growth profiles of 7%, 6% and 2.7%, respectively.
Mirwais Parsa | China, an economic giant, has started the move to revitalize the ancient Silk Road. Its ambitious Belt and Road (B&R) initiative includes a major investment in South Asia: the $46-billion Wakhan corridor, which would connect if built, China, Pakistan, Afghanistan and Tajikistan, bringing stability to the region.
Liu Xiao and Wu Yujian via Caixin | After a tumultuous year, the price of bitcoin surged past $10,000 on Wednesday morning Beijing time, growing more than tenfold from the beginning of the year.
Leaving aside the hole left by the last hurricanes, insurance companies’ P&L accounts tell the story of a sector which has not suffered much in the context of zero interest rates. An insurer runs less of a risk in a context of zero interest rates than of a financial crisis.