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Violence flares in Zimbabwe as Mugabe readies election bid

Bloomberg Political violence has flared in Zimbabwe as the southern African nation gears up for elections next year that may see a united opposition seek to end President Robert Mugabe’s near four-decade rule. The Zimbabwe Peace Project recorded attacks on 745 people last month, up from 435 in July. The ruling party, military, police and intelligence services were responsible for ...

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In US, the middle-class comeback is for real!

On Labor Day, the American middle class survives. Indeed, it’s expanding. That’s not the conclusion of some arcane scholarly study. It’s the judgment of Americans themselves, though it hasn’t received much attention from politicians or the media. Most Americans have moved beyond the fears bred by the Great Recession. The middle-class comeback may be the year’s most underreported story. Public ...

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Asia’s taxi companies give banks real competition

In Southeast Asia, mobile banking is taking on a whole new meaning. Last week, Grab, one of the region’s top ride-hailing companies, announced that users of its app can start sending credits—used to pay for rides—to each other. By the end of the year, they’ll be able to use those credits at more than 1,000 restaurants and retailers. If all ...

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