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Africa’s much-awaited rise will be powered by nature
Opinion

Africa’s much-awaited rise will be powered by nature

Africa steps into this new year standing at an inflection point, one defined not by what the world once promised to do for the continent,

Moody's Mark Zandi: Economy is being powered by top 20%, backed by bullish stock valuations
Business and Economy

Moody’s Mark Zandi: Economy is being powered by top 20%, backed by bullish stock valuations

In the run-up to the internet bubble, the richest 20% of American consumers made up 50% of spending—boosted by the ballooning valuations of their portfolios.