Emerging-market telecoms
Eyes on Africa
India’s Bharti Airtel may buy South Africa’s MTN, in a big mobile- telecoms deal

IT WOULD be the biggest thing to pass between India and South Africa since Mahatma Gandhi moved from one country to the other. This week it emerged that Bharti Airtel, the largest mobile-phone operator in India, is holding “exploratory” [...]

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Are We Running Out of Food?
by Kel Kelly

Paul Krugman writes in the New York Times, April 7 that there is a world food shortage, accompanied by skyrocketing prices. [...]

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Why financial regulation is both difficult and essential
By Martin Wolf

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Nice try; no cigar. That was my reaction to the attempt of the banking community to forestall additional regulation, by recommending “a [...]

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Burma deaths climb past 22,000 as aid begins
By Amy Kazmin in Bangkok

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By Amy Kazmin in Bangkok
The death toll from the powerful cyclone that battered Burma rose above 22,000 on Tuesday [...]

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Will US Rent-Seeking Stop? Food Crisis & Tied Aid
This news is potentially groundbreaking. Although the US is the world’s largest aid donor, it has long been criticized for observing the practice of “tied aid.” For a long time, many other industrialized country aid donors followed policies similar to those that the US still [...]

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Asia

Financial News

Asian Stocks Fall for First Time in Three Days; Banks Decline on Earnings Asian stocks dropped for the first time in three days as declines in financial companies overcame gains in producers of raw materials.
Surging Food, Energy Prices Hurting 1 Billion Asians, ADB’s Kuroda Says Surging food [...]

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Asian Stocks Fall for First Time in Three Days; Banks Decline

May 6 (Bloomberg) — Asian stocks dropped for the first time in three days as declines in financial companies overcame gains in [...]

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Crude Oil Rises to Record $122 on Nigeria Attack, Demand Growth
May 6 (Bloomberg) — Crude oil rose to a record $122 a barrel in New York on threats to supply in Nigeria and Iraq and growing Asian fuel consumption. [...]

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U.S. Stocks Drop on Earnings; Qwest, Legg Mason Shares Retreat
May 6 (Bloomberg) — U.S. stocks declined for a second day after earnings at telephone and financial companies trailed estimates and higher oil prices pushed down consumer shares.
Legg Mason [...]

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Fannie Mae Has Loss, Cuts Dividend, to Raise Capital (Update5)

May 6 (Bloomberg) — Fannie Mae, the largest U.S. mortgage- finance company, reported a wider loss than analysts estimated, cut the dividend for [...]

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