Categories
Economics

The sky is falling

Back in September last year, the Wall Street Journal wrote an article about how low oil prices could lead to a global recession. An article by the Guardian last Friday repeated the sentiment with a suggestion that low oil prices could hurt the stock market. Look out, Chicken Little, the sky is falling! The doom and gloom argument appears […]

Categories
Business

Ownership vs Control

The recent news of succession planning at 21st Century Fox brings an interesting issue to light. On Thursday, the Guardian reported that James Murdoch will succeed Rupert Murdoch as CEO at 21st Century Fox.  At the same time, Rupert and Lachlan will become executive co-chairmen. The interesting thing about the Murdoch family’s control of Fox is that it relies on a dual-voting structure in […]

Categories
Economics

What’s Going On At FIFA?

(Source: Flickr) Seven senior FIFA officials were arrested on Wednesday at a high end Swiss Hotel as part of a larger two decades long investigation by the FBI into corruption at FIFA. The alleged wrongdoings include racketeering, wire fraud and bribery to the tune of more than $150 million. The arrests occurred just prior to […]