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Al-Qaeda militant raids erode Malian president’s popularity

Bloomberg Foreign travel is the first thing that comes to mind when Malian lettuce farmer Moussa Samake thinks about President Ibrahim Boubacar Keita. Nicknamed “the carrier pigeon” for his frequent trips abroad, Keita, 73, is expected to seek re-election in July after a five-year term marred by growing insecurity in the landlocked West African nation. His failure to halt a ...

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Steel and aluminum jobs don’t add up to that much

Steel tariffs work! That is, when President George W. Bush levied tariffs of 8 percent to 30 percent on steel imports in March 2002, it did seem to have a detectable positive impact on steel industry employment. For about a year after the tariff was imposed, steel industry employment stopped falling. Yay! Then the decline resumed amid a brewing global ...

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Indian banks can’t stop mobile juggernaut

Smug in the belief that their own payment apps would be enough to take on the threat from mobile, India’s banks underestimated the risk to their lucrative cards business. A recent Bernstein survey has some sobering news for them: They may have already lost Bollywood, and they can’t hope to win the neighbourhood grocer. Almost 30 percent of tickets in ...

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