Tuesday, August 20, 2013

Lobbying, Cronyism & Corruption – Is the US Really That Different?


NYTIMES reporter Andrew Ross Sorkin has an interesting piece on the topic of cronyism:

An interesting point from the above article:

“In Washington, the line between lobbying and bribery is not clear-cut. Until 2008, R. Hunter Biden, son of then-Senator Joseph R. Biden Jr., lobbied Congress regularly. The Washington Post reported last year that “56 relatives of lawmakers have been paid to influence Congress” since 2007.
While the House and Senate passed rules to limit some lobbying, the House left enough wiggle room for parents and children of lawmakers to still lobby.”

World's Best Universities


The Top 500 Universities in the World (Overall Ranking)

The Top Engineering Universities

The Top Science Universities

Emerging Market Highlights


Stephen Roach on China



Indian Rupee and Expected Fed Tapering




Recently, considerable attention has been devoted to capital flowing out of emerging markets. However, an overlooked aspect of international financial flows is the sharp rise in sale of US Treasury securities by foreigners (including foreign central banks).
http://www.reuters.com/article/2013/08/16/us-usa-economy-capital-idUSBRE97F02T20130816

Friday, August 16, 2013

Entrepreneurial Spirit Amongst Business School Students

Interesting data on entrepreneurial activities of business school students from different parts of the world:
http://www.businessweek.com/articles/2013-08-15/study-u-dot-s-dot-business-students-lag-others-in-entrepreneurial-spirit


Chinese Yuan (Renminbi) vs. Indian Rupee

The Chinese Renminbi (Yuan) reached a modern day record high against the US Dollar this week




The Indian Rupee reached a modern day record low against the US Dollar this week


Wednesday, August 14, 2013