One big reason the US will become nearly energy self-sufficient by 2035 is increased energy efficiency, says Fatih Birol, chief economist at the International Energy Agency. Aggressive energy efficiency policies could yield even bigger gains.
Erik Prince, who made a fortune in Iraq thanks to his politically connected and controversial Blackwater military contractor, is leading a group of Chinese investors on a hunt for natural resources and investment opportunities in Africa.
The tide of brain drain – from developing countries to industrialized nations – has turned. Human capital is returning home to Asia, Latin America, Eastern Europe, and Africa, while some European professionals squeezed by the recession, turn toward developing countries for advancement.
Despite recent economic success, Africa needs a free-market makeover to create jobs for its high youth population. Zambia embodies the challenge – and opportunity – to create jobs by making it easier for businesses to operate and grow.
Sweet Beginnings, a growing business on Chicago's West Side, provides just released prisoners with job experience making honey and other products.
Mega-dams and massive government-run irrigation projects are not the key to meeting world’s water needs, a growing number of experts say. For developing nations, the answer may lie in small-scale measures such as inexpensive water pumps.
Mitt Romney’s acceptance speech at the Republican National Convention last night was a tepid mix of boilerplate and biography, vague on policy, economical with the truth, and without a memorable, soaring line. It reflected all of the problems that have bedeviled Romney from the outset.