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Economy

The Golden Cocoon of FIFA’s Ruling Body

July 17th, 2011  |  Source: NYT.com

 

The titans of international soccer are used to pampering. Motorcades. Police escorts. Five-star hotels. Lavish dinners. Cash allowances of $500 a day, and an additional $250 for their wives or girlfriends.


Chevron Bets on $30 Billion Volcanoes Beneath Rainforest

July 15th, 2011

Chevron Corp. drilled 84 wells to a depth of two miles beneath the Indonesian rainforest to tap steam, not oil and gas that are trapped in the world’s richest store of volcanic energy.


Rare earth prices soar as China stocks up

July 14th, 2011  |  Source: FT.com

A recent crackdown by Beijing on rare earth mines and restrictions on exports have caused chaos in some of these markets.

Japan and the US, the world’s biggest importers of rare earths, have repeatedly voiced concerns to China, while complaints from industrial users of rare earths have been growing.

Last year, China cut their exports by 40 per cent and temporarily banned exports to Japan during a political dispute.


Lobbying groups spend big when lawmakers are honored

July 12th, 2011  |  Source: Sunlight Foundation

 

Honorary fees top $50 million over past two years


The Future of Africa | A Multi Book Project

July 11th, 2011  |  Source: Africa Unchained

Co-Founded by Diaby Mohamed of Kamos Limited, the The Future of Africa Project states the following:

Desperate efforts by governments to widen the socio-economic factors in Africa are likely to become a fiasco if adequate attention is not given to creative successful entrepreneurs.


Let’s do away with CSR

July 10th, 2011  |  Source: marcgunther.com

 

Maybe it’s time to do away with corporate social responsibility (CSR).

Not merely the words and the idea but the infrastructure: CSR departments, CSR reports, CSR conferences and CSR executives.


Life after Capitalism

July 8th, 2011  |  Source: Project Syndicate.Org

In 1995, I published a book called The World After Communism. Today, I wonder whether there will be a world after capitalism.


Nemesis chases Murdoch’s hubris

July 7th, 2011  |  Source: FT.com

The game is up for Rupert Murdoch. The head of News Corp has held sway over Britain’s media industry for a generation. Prime ministers have feared and feted him. He has outwitted regulators and outgunned rivals. Now, suddenly, it is all unraveling. The media mogul has lost his touch. These things happen.

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Murdoch investors take fright

July 7th, 2011  |  Source: FT.com

Rupert Murdoch, chairman of News Corp, has strongly backed Rebekah Brooks, the executive at the centre of a phone-hacking scandal, even as he denounced the “deplorable and unacceptable” behaviour at the News of the World.


Can Anyone Create a Hacker-proof Cyberspace?

July 6th, 2011  |  Source: K@W

Over the July 4 holiday in the U.S., the Fox News Twitter account was attacked by hackers who left six tweets saying that President Obama had been shot to death in Iowa. Apple was also attacked over the weekend with a tweet directing readers to a list of user names and encrypted passwords from the Apple Business Intelligence web site. Citibank, Sony and even the CIA have also suffered data breaches in recent months, drawing renewed attention to cyber security and accelerating policy debate on how to protect critical information from hackers.




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