It used to be that when the U.S. economy sneezed, the rest of the world caught a cold. Today, with globalization, everybody has a pretty bad flu -- except for Africa, where many of the more than 20 stock markets are reporting gains similar to those of the Nigerian exchange. I've been working on a film exploring Africa's frontier markets for the past couple of years, and the returns I've found can only be described as eye-popping. African markets have outperformed Standard & Poor's 500-stock index and many other indexes over the past decade. I've met people who have doubled and even tripled their investments...[continue reading]
Fiji: The fall of movie pirates
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With Fiji’s government cracking down on outlets selling pirated DVDs, L.
Cass pens a piece in Failed Paradise criticizing these “cheating” retailers
but al...
3 hours ago



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