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BUSINESS MAVERICK OP-ED: Economic lessons from EverestMount Everest’s overcrowding problem is not so different from many other economic and social challenges that policymakers confront – an imbalance between supply and demand, and possibly poor regulation.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Trump Moves From Trade War Toward Currency WarPresident Donald Trump has already given the global economy trade wars. Now there are signs he may be gearing up for a currency war, too.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Gold Jumps to 5-Year High as Fed Signals Ready to CutGold surged to the highest in more than five years after the U.S. Federal Reserve indicated a readiness to cut interest rates.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Short Seller That Targeted Noble Group Takes Aim at TrafiguraIceberg Research, the short seller that targeted commodities trader Noble Group Ltd., has another trading house in its sights: Trafigura Group Ltd.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: After floods, Zimbabwe and Mozambique face huge maize shortfallsZimbabwe’s 2019 maize crop is set to come in at half that of 2018 and Mozambique’s at a quarter. To make it worse, SA will probably not have much excess — and the result is fast-rising maize prices.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: Steinhoff’s delayed 2018 results show, once again, that it probably is not a going concernScandal-plagued retailer Steinhoff has published its much-delayed 2018 results. The usual headlines, such as the size of earnings or losses, really don’t apply here. The bottom line is one repeated verbatim from the 2017 results published last month: ‘(The) facts … cast significant doubt upon the Company and Group’s ability to continue as a going concern beyond the foreseeable future.’
Source: dailymaverick - 🏆 3. / 84 Read more »