White House “monitoring the bitcoin situation”
Businessam Staff
December 1, 2017
In the past few days two Federal Reserve presidents have discussed cryptocurrencies and concluded they are “niche” and “don’t matter today.“ The total market capitalization of the entire cryptocurrency space is around $300 billion – smaller than the Top 10 names in the S&P 500. In the last three years, Bitcoin has gained a similar amount of […]
Warren Buffett on globalization (video)
Businessam StaffNovember 25, 2017
Warren Buffett on globalisation and its employment consequences to specific businesses such as steelworkers. Globalisation is the free movement of goods, capital, services, people, technology and information. It is the action or procedure of international integration of countries arising from the convergence of world views, products, ideas, and other aspects of culture.
Ghana’s “desperation to borrow” could drive away investors, says economist
Businessam StaffNovember 9, 2017
The way Ghana handled its energy bond, which failed to raise the target amount despite extension, could suggest a state of desperation to borrow which may alienate investors, John Gatsi, an economist and senior lecturer at the University of Cape Coast, has said. At the end of the extended period for the bonds backed by […]
Can an interest rate rise halt UK inflation?
Businessam StaffOctober 24, 2017
David Blanchflower Professor of economics at Dartmouth College, New Hampshire, and member of the Bank of England’s monetary policy committee (MPC) from June 2006 to May 2009 The big news this month was the mea culpa from the Office for Budget Responsibility (OBR) that they had got it all wrong for years. They admitted the 16 forecasts they […]
Egypt’s economy reform, inflation, growth
Businessam StaffSeptember 18, 2017
Egypt’s central bank Governor Tarek Amer spoke to Bloomberg Television about his country’s efforts to reform the economy, the outlook for growth and inflation, and how ratings companies are lagging behind investors. Below are excerpts of the interview in Dubai on Monday. On exposure to external funding: “We have given the economy financial flexibility, we […]
The Business of Luxury: David Coleridge of Swiss watch retailer Bucherer
Businessam StaffSeptember 7, 2017
David Coleridge, who joined Swiss retailer Bucherer after it acquired his company The Watch Gallery, talks about the challenges and opportunities facing the watch business… When we drew up our dream list of companies who might one day buy The Watch Gallery, Bucherer was always at the top, because it was Swiss and because it […]
Banking against the new age of nuclear terror
Businessam StaffAugust 27, 2017
A Q&A with former Energy Secretary Ernest Moniz on Iran, North Korea and a new uranium “bank” to keep peaceful energy programs peaceful. Arguably, nuclear weapons are now a greater threat to the U.S. and the world than at any time since the end of the Cold War. Actually, it’s not even arguable: North Korea is […]
Africa’s richest man has plans beyond cement, oil; looking to sports, Arsenal FC
Businessam StaffAugust 18, 2017
“Nothing is impossible.” These three words are on a plaque that Aliko Dangote keeps on his office desk in Lagos, Nigeria, constantly reminding Africa’s richest man how to approach the world. Dangote, who was worth $12.3 billion as of mid-August, according to the Bloomberg Billionaires Index, is modest in his personal life but bold in business. Presiding […]
London legal market will stay strong after Brexit – Eduardo Leite
Businessam StaffAugust 13, 2017
London will remain a global centre for business and continue to retain high quality legal and financial talent regardless of Brexit permutations, according to Eduardo C. Leite, Chairman Emeritus of Baker McKenzie, one of the largest law firms in the world. Speaking exclusively to IBTimes UK, Leite, who until recently, oversaw his firm constantly rank at […]
Interview with Prasad Kapre CEO & Director, Style Quotient Jewellery Pvt Limited
Businessam StaffAugust 7, 2017
Prasad Kapre is a well-known name in the Gems & Jewellery industry. The current portfolio that he holds is that of a CEO & Director of Style Quotient Jewellery Pvt Limited, managing Being Human Jewellery with Salman Khan. Prasad began his career in the Gems & Jewellery industry with DeBeers in 1995. He was the […]