Important Money Habits Millennials Can Teach Us All
Much has been made of how unprepared the millennial generation is financially. Some studies chastise them for stuffing their money under a mattress instead of investing it in stocks. Or they’re vilified for leaning too much on tech for learning about money and validating their investment ideas. Even eschewing credit [...]
By Nav Athwal

“One thing about China’s resource quest is decidedly conventional: as demand for resource imports has grown, it has followed a path well trodden by other countries, including the United States and Japan before it, by increasingly focusing on owning overseas resources outright. But the strategies driving the details of Chinese investment—and the tactics through which China and its companies have pursued their goals—remain opaque and puzzling to many observers.

Is China merely doing what other countries have done before? Or is how it approaches investments in foreign natural resources fundamentally different?”

Elizabeth C. Economy, and Michael Levi, authors of By All Means Necessary tackle one of today’s most significant global trends – China’s meteoric rise – and the impact it will have on the rest of the world. 

Image: World money by CC-BY-SA-2.0 via Flickr.

Germany 78% Energy From Renewables

New record: Germany Just Got 78 Percent Of Its Electricity From Renewable Sources On Saturday, July 25, Germany set a new national record for renewable energy by meeting 78 percent of the day’s electricity demand with renewables sources It’s a simple matter of priorities. There is no natural law governing which types of energy we choose to invest in. This is about human decision making and human…

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With milk and roses, Africa woos private equity funds

JOHANNESBURG (Reuters) - From milk churning in Zimbabwe to rose growing in Ethiopia, private equity investments in Africa have returned to pre-crisis levels and should keep rising as funds seek bumper returns in far-flung markets.   

Private equity deals in Africa totalled $8.1 billion last year, the second highest on record after the $8.3 billion posted in 2007, according to the African Private Equity and Venture Capital Association (AVCA).

This year could be even bigger as investors tired of low returns in developed markets look to cash in on the rapidly emerging middle-class consumers in Africa - home to many of the fastest growing economies in the world.

Private equity deals in Africa between 2007 and 2013 earned 60 percent more than the MSCI emerging market index, AVCA says.

BP, Total writing off oil assets in Libya because of the continuous conflict

Libya has become a major headache for European oil companies as a four-year conflict forced BP to join Total in writing off millions of dollars in investments in the North African country.

BP on Tuesday the 28th of July said it had takenan impairment of almost $600 million in the second quarter as fighting forced it to suspend an oil exploration campaign. The unexpected charge was the main…

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“UAVbnb” DroneBase Is DJI And Accel’s First SkyFund Investment

“UAVbnb” DroneBase Is DJI And Accel’s First SkyFund Investment

 Drone manufacturing king DJI has a plot to expand its unmanned aerial empire. It’s teamed up with prestigious VC Accel to launch the $ 10 million SkyFund, which invests in companies expanding the drone market — and DJI’s sizable slice of it. Today SkyFund revealed to me that its first investment goes to DroneBase, which lets any business rent a drone and pilot. Read More

TechCrunch »…

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6 Ways To Ensure Your Small Business Can Get The Best Loan:

Following these tips will make it easier for you to get approved for a loan at a lower interest rate:

1. Set Up The Appropriate Legal Vehicle For Your Business.

2. Start Building Your Small Business’ Credit History With A Credit Card.

3. Have A Separate Small Business Checking Account.

4. Get Help With Payroll And Benefits

Two more tips to ensure your small business gets the loan it needs.

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