Regulators spoil Ant’s party less than 48 hours before it starts trading
The world’s biggest IPO is now the world’s biggest suspended IPONov 3rd 2020HONG KONG AND SHANGHAIJACK MA WAS in a triumphant mood shortly after Ant Group, his Chinese fintech firm, priced its initial public offering—set to be the world’s biggest ever, with almost $40bn worth of shares sold. Speaking at a summit in Shanghai on…
Christmas Season Postponed due the Coronavirus?
Published on Nov 4, 2020 by Anne Everyone thought that COVID-19 will disappear in a few months and we could once again enjoy our normal lives by the end of 2020. But, we can’t be any more wrong. It would even seem that the Christmas Season will be postponed due to the Coronavirus. Quarantine restrictions…
Movies that educate us about US Election history
Published on Oct 30, 2020 by Anne Over the years, there had been so many movies that educate us about voting and US election history. It may be about a fictional candidate. Sometimes these movies could also be about any historical events about US elections, or a biopic of a famous US political figure. We…
Why the bond market might keep America’s next president awake at night
THE TREASURY market has long been able to strike fear into the hearts of the powerful. Frustrated by worries in the 1990s that bond yields would spike if Bill Clinton, then America’s president, pushed through economic stimulus, James Carville, his adviser, joked that he wanted to be reincarnated as the bond market, because “you can…
Ethiopia lurches towards civil war
Nov 4th 2020ADDIS ABABA AND MEKELLEFOR SEVERAL days the warning lights had been flashing red. Early in the morning of October 29th a general in Ethiopia’s federal army had flown to the northern region of Tigray to take up his new position as deputy commander of forces in the region. He was refused entry. In…