economic development

Trump, Xi Reaffirm Commitment to Phase-One Trade Deal

Trump, Xi Reaffirm Commitment to Phase-One Trade Deal

U.S. President Donald Trump and Chinese President Xi Jinping reaffirmed their commitment to implementing the phase-one trade deal signed between the two countries last month.
Ethiopia’s economic miracle ride is set to turn into a bumpy road

Ethiopia’s economic miracle ride is set to turn into a bumpy road

Given its size, growing population, the country's economic direction is hugely important.
South African Business Lobby Welcomes Union Proposals on Eskom

South African Business Lobby Welcomes Union Proposals on Eskom

South Africa’s main business-lobby group welcomed proposals by the nation’s biggest labor-union federation to rescue debt-stricken power utility Eskom Holdings SOC Ltd., a rare instance of harmony
Merkel Plan for Huawei Gets Pushback From Within Her Own Ranks

Merkel Plan for Huawei Gets Pushback From Within Her Own Ranks

Chancellor Angela Merkel’s efforts to rule out a ban on Huawei Technologies Co. have hit a wall of resistance in parliament.
India Stocks Fall as Country Slashes Taxes, Widens Budget Deficit

India Stocks Fall as Country Slashes Taxes, Widens Budget Deficit

Nirmala Sitharaman, India's finance minister, center, Anurag Thakur, India's finance and corporate affairs minister, third left, and other members of the finance ministry stand for photographs outside
India Vows Purchasing Power Boost in Budget to Revive Growth

India Vows Purchasing Power Boost in Budget to Revive Growth

India’s finance minister pledged in her budget speech to lift the purchasing power of citizens to help arrest the slowdown in Asia’s third-largest economy.
Illinois’s Mounting Pension Debt Looms Over Pritzker’s Plans

Illinois’s Mounting Pension Debt Looms Over Pritzker’s Plans

Illinois Governor J.B. Pritzker, whose state faces a mountain of pension debt and unpaid bills, may give some clues during his “State of the State” speech Wednesday to how he will deal with those
South African Airways to Get $239 Million From State Bank

South African Airways to Get $239 Million From State Bank

South African Airways’s business-rescue team said it’s been given access to 3.5 billion rand ($239 million) from the state-owned Development Bank of Southern Africa to avert the airline’s collapse.
South African Labor Unions Reject 5% Minimum-Wage Increase

South African Labor Unions Reject 5% Minimum-Wage Increase

South Africa’s biggest labor unions rejected a government proposal to increase the national minimum wage by 5%.
Serbia and Kosovo Move To Resume Flight Link 21 Years After War

Serbia and Kosovo Move To Resume Flight Link 21 Years After War

More than two decades after a war split them apart and created one of the biggest national rivalries in Europe, Serbia and Kosovo took a step toward renewing flights between their capitals.
Evaluating the risks of Africans opting for coal power

Evaluating the risks of Africans opting for coal power

Africa's current emissions are driven by transit, but coal could dominate.

Research: How Technology Could Promote Growth in 6 African Countries

A framework for understanding economic potential in the region.

Research: How Technology Could Promote Growth in 6 African Countries

A framework for understanding economic potential in the region.

A Nobel Prize Winner on Rethinking Poverty (and Business)

Esther Duflo, an MIT economist, won the 2019 Nobel Prize in Economic Sciences for her experimental approach to alleviating global poverty. Duflo’s early life working at a non-governmental organization

A Nobel Prize Winner on Rethinking Poverty (and Business)

Esther Duflo, an MIT economist, won the 2019 Nobel Prize in Economic Sciences for her experimental approach to alleviating global poverty. Duflo’s early life working at a non-governmental organization

Can America ever rebuild its neighborhoods and communities?

We talk a lot about startup ecosystems around these parts, and for good reason. Strong ecosystems have great reservoirs of talent congregated close together, a culture built around helping one another

Returns on Investment: Andy Kuper and the Value of Moral Capitalism

Think capitalism has to be about the profit motive above all else? Think again. Andy Kuper, founder and CEO of LeapFrog Investments, explains how his company is leading a growing movement of

Returns on Investment: Andy Kuper and the Value of Moral Capitalism

Think capitalism has to be about the profit motive above all else? Think again. Andy Kuper, founder and CEO of LeapFrog Investments, explains how his company is leading a growing movement of
Jho Low Gives Up $1 Billion in Assets to Settle 1MDB Suits

Jho Low Gives Up $1 Billion in Assets to Settle 1MDB Suits

The U.S. Justice Department has struck a deal with fugitive financier Jho Low in which it will recoup almost $1 billion of money looted from the Malaysian investment fund 1MDB, in what would be the