There are some hopeful signs Africa is addressing the issue of climate action.


Stranded assets are assets such as minerals or other natural resources that suffer from premature write-downs or conversion to liabilities even before their exploitation, causing possible market failure. Stranded assets can occur due to a variety of social and/or biophysical factors and are inherent in the deconstruction of economic growth and innovation. They can pose significant threats and have systemic implications.

By Fatima Denton

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President Bio was in the United Arab Emirates for investment opportunities

Arriving in Abu Dhabi , 21st March 2019, president Bio and his wife Mrs Fatima Bio and entourage were warmly received by Sheikh Mohammed Bin Zayed Al Nahyan – the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces of the United Arab Emirates.
President Bio will today meet with Sheikh Mohammed Bin Rashid Al Maktoum – Prime Minister and Ruler of the Emirate of Dubai.
Maada Bio: Change-maker for Sierra Leone”.
The Global Education and Skills Forum is an initiative of the Varkey Foundation which addresses the challenges of education, equity and employment for all. With a unique audience of top leaders from the public, private and social sectors, the forum is an essential platform for collaboration and problem solving.
President Bio inherited a country that was on the brink of economic collapse and an international image battered by corruption, war and natural disasters.
But since taking office almost a year ago, the president has embarked on numerous overseas travels to engage development partners, donor and friendly countries as well as strengthening bilateral relationship.
His overseas visits are also aimed at rebranding Sierra Leone and promote the country’s investment opportunities.

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Arriving in Abu Dhabi 21st March 2019, president Bio and his wife Mrs Fatima Bio and entourage were warmly received by Sheikh Mohammed Bin Zayed Al Nahyan – the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces of the United Arab Emirates.

President Bio will today meet with Sheikh Mohammed Bin Rashid Al Maktoum – Prime Minister and Ruler of the Emirate of Dubai.

Why Bank Stocks May Be Ready to Rebound

The Federal Reserve is scheduled to release the results from the second round of its annual bank stress tests after the market close on Thursday June 28, and expectations are high that big boosts in dividends and share repurchases will be approved as part of the process. In fact, Barron’s projects that these returns of capital to shareholders will equal about 100% of U.S. bank profits earned over the next 12 months. The enhanced payouts are bound to increase the attractiveness of bank stocks to investors.

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Dow drops more than 300 points as investors brace for further Trump trade actions against China

Stocks kicked off the week on a sour note Monday as Wall Street braced for more actions against Chinese companies by the Trump administration.

The Dow Jones Industrial Average dropped 328.09 points to close at 24,252.80, with Boeing and Intel among the biggest decliners in the index. The 30-stock index also closed below its 200-day moving average, a key technical level, for the first time since June 2016.

The Dow rebounded slightly in the final hour of trading after Peter Navarro, a top trade adviser to President Donald Trump, said on CNBC that investment restrictions against China and other countries are not immediately forthcoming and that the market was overreacting.

“He basically said ‘hey guys, it’s Trump playing the ‘Art of the Deal’ with China,” said Scott Redler of T3Live.com.

The S&P 500 fell 1.4 percent to 2,717.07 — posting its worst day since April 6, when it fell 2.19 percent — as tech declined 2.3 percent. Five of the 11 S&P 500 sectors also closed in correction, or down at least 10 percent from their 52-week high. The Nasdaq composite pulled back 2.1 percent to close at 7,532.01 as Netflix dropped 6.5 percent to lead the FANGs lower.

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US economic fundamentals are good. Don’t overreact to trade issues Markets are using trade disputes as betting events. Trade issues will linger on because they have not been addressed, and solved, at the highest political levels. Accelerating inflation is the only threat to U.S. economy.

Wall Street is regrouping. Easy money has been made. The fiscal stimulus has been priced in for a long time. The Fed is an ongoing game, but the slightly easing price pressures along the U.S. yield curve are signaling surprisingly stable inflation expectations.

The current mix of easy fiscal and monetary policies has produced an improving outlook for jobs and incomes: the two variables that, along with credit costs, drive three-quarters of the U.S. economy.

Despite some areas of persisting weakness, the labor market situation is probably as good as it will ever get over the near term. At this point in the business cycle, we are witnessing a fully-employed economy hitting the limits of a disappointingly low labor supply.

The growth of household incomes is also picking up. A 2 percent annual growth of inflation-adjusted after-tax incomes in the first four months of this year is a noteworthy improvement over a 1.7 percent gain during the prior four-month period.

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