Hillary’s African Safari: Where Idealism and Realism Collide

It must come as some reassurance to Mitt Romney that he is not the only would-be President who says remarkably silly things while visiting foreign lands. Last month Hillary Clinton, on a tour of sub-Saharan Africa, delivered a speech in Senegal in which she said that the United States would stand up for democracy and universal human rights “even when it might be easier or more profitable to look the other way, to keep the resources flowing.” In a barely veiled dig at China, she added, “Not every partner makes that choice, but we do and we will.”

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Frontier Markets: Out of the Shadows

Here is a great article on the appeal – and the risks – to investors in frontier markets. The article makes the critical point that the frontier markets universe extends far beyond the 25 countries included in the MSCI Frontier Markets Index. This means, though, that getting into these markets is likely to be more challenging, especially for individual investors, since many of the most attractive opportunities are likely to be in non-listed companies, whether through direct investment or over-the-counter share purchases.

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