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April 9, 2012

Trade
Morning Brief: Rising Profits Not Powering Employment Growth

The Wall Street Journal reports that large firms are more profitable and efficient than before the recession, but most of their new jobs and profits are overseas. The analysis of the financial report…

Stock board on the floor of the New York Stock Exchanging showing rise in the Dow Jones Industrial Average on November, 30 2011. (Brendan McDermid/Courtesy Reuters)

August 22, 2012

Trade
Morning Brief: NYC Rocked by Subway's Controlled Blast

Residents of Manhattan’s Upper East Side often are often inconvenienced by the $4.45 billion project to build the Second Avenue subway line, but yesterday an intentional underground explosion brought…

Renewing-America-Subway-Explosion-MTA-20120822

August 29, 2012

Trade
Morning Brief: U.S. Firms Move Offshore to Avoid Taxes

The opportunity to save on taxes continues to attract firms to re-incorporate overseas (WSJ). The IRS recently tightened rules regarding relocation, but an exception for mergers will allow Eaton, a C…

Renewing-America-Eaton-Center-20120829

December 14, 2012

Sub-Saharan Africa
Release of the Finance Minister’s Mother: Good News From Nigeria

Kamene Okonjo was released early on Friday, December 14. Eighty-two years of age, she is the mother of Nigerian Finance Minister Ngozi Okonjo-Iweala. Few details are available concerning the exact c…

Nigerian Finance Minister Ngozi Okonjo-Iweala speaks during a media briefing in Pretoria 23/03/2012.

January 7, 2014

Sub-Saharan Africa
Who Will Shape Nigeria’s Elite Politics in 2014?

Emmanuel Aziken has written a thoughtful analysis of some of the major political players in his article on December 30 in Vanguard. His pick: President Goodluck Jonathan, speaker of the House of Repr…

(Front seated, from L to R) Nigeria's Vice President Namadi Sambo, President Goodluck Jonathan and Secretary to the Government of the Federation (SGF) Anyim Pius Anyim attend the opening of the Presidential Power Reform Transaction signing summit in Abuja April 22, 2013.