Pangea is an educational retail shop and café which opened this week at the IFC headquarters here in DC.
ABC News argues that food and financial aid often only enrich the corrupt, not reaching the poor they are meant to help. See this
great six minute video with John Stossel on the story, where he sees for himself how hard it is to register a business in some countries and has some tough questions for Sachs and Bono on the benefit of giving more aid.
The UK’s Independent newspaper has gone RED today. All of the development/Africa-related articles in the special edition are hyperlinked in red, and half of sale proceeds will go to the Global Fund.
The latest soccernomics analysis from ABN AMRO focuses on the relationship between football and the economy in emerging markets. For example:
Christine Gorman points us to the recently announced Global Pandemic Initiative:
IBM and 20 academic and public health organizations today announced a computer-based, collaborative effort to fight bird flu and other potential emerging disease threats. As part of the effort, IBM will contribute some software elements to the open-source community to help share information and make predictions about how a pandemic will develop and how best to respond to one.
In tomorrow's Financial Times, Nathan Jensen argues that cutting corporate taxes is not effective in attracting FDI. Countries should instead focus on improving their investment climate:
The front page of today’s Wall Street Journal looks at the business-sense of microfinance, and in particular at Vikram Ajula and SKS:
Let’s start by cleaning up what we mean by clean technology. The definition used at IFC/EMPEA Private Equity Conference yesterday, was that it optimizes the use of natural resources, while reducing ecological impact and adding economic value by significantly lowering cost and improving profitability. I think this works well as a definition.
The Latin Business Chronicle ranked the best and worst business environments in Latin America. Chile leads the way - now if only we could make the World Cup!? Also see their Latin Globalization index. Thanks to Aleksandr Shkolnikov for the link, who has more comments.