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June 28, 2018

South Africa
Modernity and Tradition Clash in South African Reed Dance

The clash between the modern and the traditional is illustrated by the “reed dance.” Performed by “maidens” in the semi-nude, it is widespread among the Ndebele people, including Xhosas and Zulus, in southern Africa. It is perhaps best known in Swaziland, where the king chooses a new wife every year following the annual reed dance.

Swaziland-Reed-Dance-Tradition-Africa

September 18, 2008

China
Morgan Stanley/ CIC

Reuters is reporting that Morgan Stanley has approached the China Investment Corporation (CIC) for additional capital; it isn’t just talking to Wachovia. It order to get the equity it needs, the …

September 20, 2008

China
Wachovia/ Morgan Stanley/ CIC?

The reporting from Asia on Friday suggested limits to the CIC’s interest in Morgan Stanley. Restrictions on the ability of foreign banks to participate in the “TARP” (the current acronym for the b…

June 15, 2011

Fossil Fuels
Oil Markets and the Stanley Cup

Over at The Water’s Edge, my friend and colleague Jim Lindsay explains what the Stanley Cup finals tell us about globalization. This blog’s job is to provide its readers with essential insights into …

September 23, 2004

United States
The currency strategist at Morgan Stanley might want to talk to the chief economist at Morgan Stanley

Steve Johnson’s market insight column in Thursday’s Financial Times keys off Morgan Stanley’s currency strategist Stephen Jen’s argument that "As long as Asia insists on staying inside this dollar ar…