Dilemma X

Nigeria to acquire 30 aircraft to boost operations of the aviation industry Xinhua LAGOS — Nigeria plans to buy 30 aircraft as part of measures to boost the operations of the aviation industry, according to a latest report from the government. The fund would be sourced from part of the aviation intervention fund of the […]

Brazil, Mexico have most Latin American billionaires AFP Brazil and Mexico have the most billionaires in Latin America but earn the least from estate taxes, according to a new study from a regional economic group. Brazil tops the billionaires list with 30, followed by Mexico, with 11, said this month’s report from the Economic Commission […]

Housing sales rebound predicted for China in 2013 Xinhua BEIJING– Industry observers say China’s real estate sector is likely to pick up steam in 2013, as they expect increased housing sales due to growing market demand. The anticipation, which comes amid reports of rebounding home prices and increasing housing transactions in some cities, suggests future […]

Nigeria: Sovereign Wealth Fund becomes operational March 2013 By Emma Ujah Vanguard December 21, 2012 ABUJA — The Nigeria Sovereign Investment Authority, NSIA, will become fully operational and commence investment in March 2013 following the approval of its Strategy Document by the Board of Directors. According to a statement issued, in Abuja, yesterday, by Mr. […]

New-wave economies going for growth As even BRICS plateau, other countries, from Bangladesh to Mexico, are coming up fast – and could overtake the west by 2050 Larry Elliott The Guardian They are big. They have young and growing populations. They have invested in infrastructure and education. And they are growing at the sort of […]

Uganda and Kenya plan to build oil pipeline Reuters KAMPALA – Uganda and Kenya have revived plans for an oil pipeline to transport refined petroleum products between the two east African countries, a senior Ugandan official said on Friday. Landlocked Uganda transports all its fuel – imported primarily through Kenya’s Mombasa seaport – in tankers […]

UK unemployment falls as private sector jobs hit all-time high Public sector pay roll shrinks to lowest level in a decade – but there are more private sector jobs than ever before, ONS says Larry Elliott, economics editor The Guardian Unemployment in Britain recorded its sharpest quarterly drop in more than a decade in the […]

Gantt architecture design firm, a designer of key Charlotte buildings, is sold By Kerry Singe The Charlotte Observer Gantt Huberman Architects, the firm that built such Charlotte landmarks as Transamerica Square and ImaginOn, has been sold to a New York-based company. The firm, founded by former Charlotte Mayor Harvey Gantt and business partner Jeff Huberman, […]

President Vladimir Putin kicks off South Stream construction By Anatoly Medetsky The Moscow Times VARVAROVKA, Krasnodar Region — President Vladimir Putin on Friday kicked off construction for the route to deliver Russian gas to Europe. A ceremony in which two pipes were welded together marked the South Stream pipeline’s graduation from the phase of talks […]

Argentina’s oil rich Neuquen province mulls sovereign wealth fund By Taos Turner Nasdaq BUENOS AIRES–Argentina’s Neuquen Province plans to set up a sovereign wealth fund to save some of the royalties it expects to reap from the development of its vast unconventional oil and gas resources. Neuquen Governor Jorge Sapag compared the plan to Norway’s […]