PwC has instructed nearly 300 of its US partners to sever ties with Black River Management, a small brokerage firm offering speculative small-cap investments, following an internal investigation into their relationships. The
“GDP is the wrong tool for measuring what matters – it’s time to replace gross domestic product with real metrics of well-being and sustainability.” – Joseph E. Stiglitz A country’s Gross Domestic
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India has lifted its final restrictions on rice exports, a move aimed at boosting agricultural shipments and supporting economic growth as the country grapples with a slowdown. As the world’s largest rice
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Indonesia has enlisted prominent figures such as billionaire investor Ray Dalio and renowned economist Jeffrey Sachs to serve as advisers to its newly established sovereign wealth fund, Danantara. This move comes as
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Much research has been conducted on the future of Sri Lanka’s tea, rubber, and coconut industries, yielding strategic recommendations and highlighting emerging technologies. Yet, a glaringly basic question remains largely ignored: who
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Hein Schumacher is stepping down as Unilever’s chief executive after just over a year and a half in the role, with the consumer goods giant announcing that chief financial officer Fernando Fernandez
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India’s economic trajectory requires a bold reform agenda to achieve Prime Minister Narendra Modi’s vision of transforming the country into a developed nation by 2047. While ambition is commendable, matching it with
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The World Economic Forum (WEF) in Davos, Switzerland, has long been a gathering of the world’s political, business, and cultural elite, where grand speeches and ambitious goals often clash with the realities
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by Satchi Panayotis G. Michaelides’ 21 Equations That Shaped the World Economy stands as a monumental endeavour to elucidate the profound role of mathematical formulations in economic thought. A work of precision
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As reported by the Financial Times, China’s central bank, the People’s Bank of China (PBoC), has injected a record 2.2 trillion yuan ($300 billion) into the financial system this week. This unprecedented
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The United States’ share of global foreign direct investment (FDI) projects surged to a record high in the 12 months leading to November 2024, highlighting the country’s continued economic strength compared to
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