Category: Markets
Sun Co-Founder Khosla Promotes Micro-Finance To End Indian Poverty
16 December 2010
Vinod Khosla, the billionaire venture capitalist and co-founder of Sun Microsystems, was already among the world’s richest men
when he invested a few years ago in SKS Microfinance, a lender to poor women in India.
But the roaring success of SKS’s initial public stock offering has made him richer by about $117 million —
money he says he plans to plow back into other ventures that aim to fight poverty, while also trying to turn a profit.
EU Seeks Rare Earths Alternatives to China
The European Commission intends to propose pursuing more bilateral trade agreements and investing in infrastructure in Africa
as a means to increase alternative sources of rare earth metals,
hoping to break China’s dominance of the market for the strategic minerals.
The measures are outlined in a strategy paper for raw materials by the commissioner for industry and entrepreneurship, Antonio Tajani.
The paper states that Europe must step up its efforts to find new sources of the materials,
12 Fastest Growing Economies of 2011
9 December 2010.
Our most popular article in 2009, some would say not surprisingly, was projections for the ‘12 Fastest Growing Economies in 2010’.
So what’s in store for 2011?
Let’s polish the crystal ball and take a look.
