EMerging Equity
Ebola
Mark Mobius: A New Way Forward For Nigeria?
A couple of years ago, many investors were optimistic about Nigeria and the stock market was booming, buoyed by strong economic growth and government reforms to improve the country. However, by 2014, the mood soured amid a series of unfortunate events, including the terrorist acts of Boko Haram, an Ebola outbreak and the weakening price … Continue reading
Sierra Leone: 30 Percent Of Ebola Aid Funds Vanished
The auditor of Sierra Leone noted that the country can’t explain how 30 percent of Ebola funds were spent and there is no documentation to support $3.3 million of contracts. The amount does not include grants or loans from international organizations Bloomberg said. “Monies that have been set aside for the purpose of combating the Ebola outbreak … Continue reading
Ebola In Africa: IMF Grants $100 Million To Guinea, Liberia And Sierra Leone
The International Monetary Fund has granted Guinea, Liberia and Sierra Leone debt relief of about $100 million in total. The IMF additionally offered the nations $160 million in zero-interest loans. “Those three countries are going through a very, very dramatic ordeal that combines pandemics, the risk of isolation” told Christine Lagarde, IMF Managing Director. The … Continue reading
2014: Two Events That Shook The World
By Melkulangara Bhadrakumar The year 2014 has been a sensational year. It is the year that some hasten to bookmark as the year World War III began unobtrusively, stealthily, inexorably – involving as-yet indeterminate contestants. The tumultuous arrival of the Islamic Caliphate spearheaded by the Islamic State, the outbreak of the Ebola virus, kidnapping of … Continue reading
Sierra Leone Cancels Christmas And New Year Celebrations Amid Ebola Crisis
Sierra Leone has banned any public celebrations of Christmas and the New Year over the spread of the Ebola virus that has affected thousands of the population. The military will strictly monitor the ban. Christmas is canceled in Sierra Leone, West Africa, authorities in the country announced on Friday. Instead of Santas, the army will … Continue reading
How An App Is Saving Lives During The Ebola Crisis In West Africa
By Emerging Frontiers The Ebola Crisis is a pandemic that has captured the world’s attention, and rightfully so. America’s Centers For Disease Control (CDC) is estimating that about 15,000 cases of Ebola have occurred resulting in over 5000 deaths. And the images coming out of West Africa are heart wrenching, bodies being dumped in the … Continue reading
IMF Reduced Its Growth Projections for West Africa Due to Ebola Outbreak
The 2014 outbreak in West Africa is definitely the largest and most complex Ebola outbreak since the discovery of the virus in 1976. There have been more cases and deaths in this outbreak than all others combined. Ebola, also known as Ebola hemorrhagic fever or Ebola viral disease, is a rare and deadly illness caused by … Continue reading
A Lesson In Last Week’s Turmoil
By David Blitzer Chairman of the Index Committee S&P Dow Jones Indices The market action in US stocks and Treasuries last week, especially on Wednesday, may be an experience that many investors would like to forget. On Wednesday volume in US treasuries set a record as yields collapsed, stocks nose-dived and VIX topped 30 after opening … Continue reading
Has China Found the Cure for Ebola?
By Shannon Tiezzi The Diplomat A Chinese pharmaceutical company working with Academy of Military Medical Sciences (AMMS), a PLA-affiliated research institution, claims to have developed an experimental cure for the Ebola virus. An outbreak of the deadly virus in west Africa has become a global health crisis. According to the World Health Organization, as of October 12 there … Continue reading
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