New research reveals that increased time spent by teenagers using some forms of digital media in a given year predicts depressive symptoms within that same year.
'New research reveals that increased time spent by teenagers using some forms of digital media in a given year predicts depressive symptoms within that same year.'
Donald Trump threatens more China tariffs. Oil slides on the prospect of easing the geopolitical risk. And North Korea is likely suffering its worst downturn since its 1990s famine. Here are some of the things people in markets are talking about
Moving more GEPF cash offshore could send shockwaves through South Africa’s listed companies, many of which count the PIC as its biggest shareholder.
'By Janice Kew (Bloomberg) – South Africa’s Government Employees Pension Fund is planning to invest more of its R2trn ($144bn) under management outside the country and in unlisted assets to reduce risk of overexposure to locally traded companies. The strategy was outlined by GEPF Principal Executive Officer Abel Sithole to a commission of inquiry into allegations of wrongdoing and poor governance at the Public Investment Corp ., the fund’s biggest manager. The GEPF has more than 93% of its assets invested in the South Africa and is a significant holder of South African government bonds and those of state-owned enterprises, he said. “We now need to have that discussion with the finance minister,” Sithole said. The GEPF’s “significant home bias” isn’t wrong and has historically served the GEPF well, but it needs to manage risk, he said. Moving more GEPF cash offshore could send shockwaves through South Africa’s listed companies, many of which count the PIC as its biggest shareholder. Meanwhile, increased investment in unlisted assets may help back new industries and support black entrepreneurs, he said, part of a wider initiative to redress economic imbalances caused by white-minority rule. The PIC has been the subject of a judicial inquiry into whether the entity deviated from its mission to best safeguard pensions for more than 1.2 million South African state workers . The company has suspended staff that it says flouted governance and approval processes when making investment decisions, some of them linked to unlisted assets. In contrast, the PIC repeatedly assured the GEPF that correct governance processes were followed, Sithole said. “The GEPF views this as a serious breach of trust,” he said. The fund isn’t “solely concerned if the PIC survives or not” as it isn’t the only asset manager around, he added. When asked by one commissioner how much the GEPF would look to invest outside the country, the executive said private South African pension funds are able to keep as much as 30% of their assets offshore. The GEPF wouldn’t do the same immediately, but it would “probably make sense over time,” he said. Doubling the GEPF’s unlisted investments in South Africa to 10% would help spur the economy, Sithole said. The GEPF wants the PIC to seeks approval for all investments of more than R2bn. The inquiry continues Tuesday with further testimony from PIC’s former CEO Daniel Matjila .'
London has been ranked as no 3 along New York and Bay area in the list of best cities for women entrepreneurs. According to the recent researches by DELL int, they have ranked 50 cities which are actually the strongest to attract high potential
'London has been ranked as no 3 along New York and Bay area in the list of best cities for women entrepreneurs. According to the recent researches by DELL int, they have ranked 50 cities which are actually the strongest to attract high potential brilliant women start-ups. These 50 countries ranked the most scaling women a total breakthrough of $1-million has been recorded in annual revenue. The records are based on access to capital, technology, talent, culture, and markets. Female start-ups in London are still caught up by the cost of living and access to capital. The recent Rose Reviews 1 out of three entrepreneurs are female in Britain a visible gender gap. And it has been seen women are starting businesses with half of the capital compared to men entrepreneurs in the great land of Britain. By filling the gender gap women will be able to start businesses with new ideas which will help the economy grow more efficiently and will increase the country’s GDP. Created on the results from its Women Entrepreneur Cities Index, Dell has called on city leaders and policymakers to take action to boost female entrepreneurship through actions. “When we invest in women, we invest in the future,” says Karen Quintos, chief customer officer at Dell Technologies. “Communities prosper, economies thrive and the next generation leads with purpose.”'
An estimated 20,000 illegal goldminers (garimpeiros) have entered Yanomami Park, one of Brazil’s biggest indigenous reserves, located in Roraima and Amazonas states, near the border with Venezuela.The miners are well funded, likely by entrepreneurs,
[ISS] Illegal, unregulated and unreported fishing is threatening the survival of Lake Victoria’s fish populations, and is putting local livelihoods at risk. Some 76% of fish species in the lake currently face extinction – including crustaceans like