Brazil’s economy is witnessing one of the fastest reversals of fortune in the emerging world. Political uncertainty and endless corruption investigations are the main reasons behind the country’s economic turmoil. Has the Brazilian economy reached the bottom, or will it continue to fall even further? The country’s best chances of slowing its recession are still one year away. The recent deep cuts proposed by the Brazilian interim government suggest worrying signs for the future.
Africa is standing on the cusp of much-awaited change, its metamorphosis being driven largely by civil society. Whether domiciled within the continent or spread out in diaspora, young Africans across the world are developing a new-found love for their heritage, motherland and its blossoming yet somewhat troubled evolution.
I always knew that I wanted to be a drummer, playing African drums, but life got in the way with children and survival at stake.
Since the Federal Reserve raised U.S. rates for the third time in six months, Asian central banks have not blinked. Unlike in past Fed tightening cycles, Asia is much more reliant on China, Japan, South Korea than on the United States.
Read More...As the struggle to raise profitability continues, innovations like blockchain could offer investment banks a lifeline. Blockchain – a catchall phrase for distributed ledger technology – is a new type of database system which enables multiple parties to share access to the same data, at virtually the same time, with an unprecedented level of confidence.
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