Some international investors seem oddly troubled at prospects for India with a chastened Modi at its helm. There should be relief in the election results. Fresh economic reform may address the severe unemployment that is a curse on the Indian story. The allure of economic growth has sustained global interest in India. The outlook is […]
American politics and American business converge at the Mexican border. In the popular imagination, we find it peculiar that the crossing is viewed as some sort of national liability. The obvious rebuttal is that Mexico is now the largest US trading partner. Many border issues should be dissected, if not discarded, because they discolor meaningful […]
The Cobre mine in Panama was once the world’s largest copper mine. Not anymore. In November, the Supreme Court voided a 20-year concession renewal that had just been awarded to Canada’s First Quantum Minerals. The project was responsible for as many as 8,000 jobs, while output amounted to about four percent of gross domestic product. […]
In frustration over mounting challenges in the Middle East, Congress is channeling its energy into criticism of Qatar. The Gulf state is fast becoming an American whipping post for hosting Hamas leadership, not to mention its instinctual remark when Gazan forces breached security fences. The Qatari Ministry of Foreign Affairs declared, “Israel is solely responsible […]
In the UK, a Yorkshire-based recycling company tackles textile waste by recognizing used clothing as a profit center. MyGroup is now investing heavily in an approach for collecting, processing, and re-designing worn goods. This plant—and others like it—could work as a framework for other micro-level facilities across the developed world. MyGroup intends to invest more […]
Years of cheap money meant that family offices tended to be more tactical, than strategic, in making portfolio decisions. They might have considered an allocation to that hedge fund or this venture deal, based on affinities and relationships. Keeping up with the latest trend by way of a pre-IPO investment, if even available, was essential. […]
An unfolding policy of stationing US Marines onboard commercial oil tankers transiting the Strait of Hormuz seems dangerously theatrical. The approach threatens a direct confrontation between the US and Iran. That analysis, however, may be too simple. As the world’s largest oil producer, the US has diminished interest in protecting oil supply lines in the […]
America has lost a major logistics player. The sudden closure of Yellow Corp. may be easy to decipher in context, what 30,000 now-former employees will do for household income is less obvious. Perhaps the only good news in this story is that it spotlights the resiliency of the transportation infrastructure in the United States. That […]
The Russia-Africa Summit on July 27-28 was an awkward affair. For some analysts, the event spotlighted how isolated Putin has become. That may not be entirely true. The raw economic strength represented in St. Petersburg—including heads of state from all of North Africa, except Tunisia, and the country of South Africa—was notable under the circumstances. […]
Some investors celebrated the Federal Reserve’s interest-rate hike on July 26 with the view that it may be the last increase for this cycle. We are not so sure; the US is a complex economy. California may be backpedaling because of restructuring in Silicon Valley and a massive union strike in Hollywood. On the other […]
Cranganore offers uncommon views on worldwide investment trends. Graze Today is distributed by email across six continents to executives and entrepreneurs. Our outlook reaches past Wall Street drivel.
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