To pay a management fee to someone to buy the contents of the S&P 500, without exercising any independent investment judgment, is particularly concerning when it's certain that their results will, at the end of the day, lag the S&P 500.
That came after Sinopec struck a deal to buy Daylight Energy Ltd. for $2.2-billion last fall. In another recent major Asian takeover, Malaysian giant Petronas moved to buy Progress Energy Resources Corp.
Bolivian President Evo Morales has revoked the mining rights of Vancouver-based South American Silver Corp., the latest blow to foreign miners operating in Latin America amid a growing wave of resource nationalism.
They propose an interwoven web of goals including population rescaling, social equity across gender, and buffering against global shock waves through resilience and natural capital planning. According to Ehrlich, the currently limited reach of ...