Brazil’s administration faces an approval rating of only 10.3% and the unpredictable course of corruption investigations. But president Michel Temer still has a major opportunity to get Congress this year to approve his ambitious and unpopular austerity reforms of social security, labor laws, and the opening of rural land and domestic airline sectors to foreign investors.
Corporate Finance & Capital
IBM has announced a blockchain initiative in the UAE for a trade finance and logistics project with Dubai Customs and Dubai Trade.
American-style shareholder-first capitalism isn’t the only way to go. Some countries and companies practice “stakeholder capitalism,” which recognizes the interests of labor, customers and the community.
Just months after receiving its banking license, Berlin-headquartered mobile-only bank N26 is active in 17 eurozone countries. The rapid rollout was made possible by N26 linking up with innovative partners, including TransferWise (intercurrency transfers), Vaamo (N26 Invest) and Barzahlen (Cash26).