OE Video

Zimbabwe's Platinum Plea

Zimbabwe’s Platinum Plea

Zimbabwe is having second thoughts about what to do with the raw product unearthed from platinum mining. Home to the world’s second-largest known platinum reserves, Zimbabwe usually sends what’s mined to neighboring South Africa for processing. Zimbabwean miners can only watch as the raw product is mined from their land, then sent across the border...

Signs of Life Emerging in China

A leading indicator shows a fresh spike in manufacturing activity, but with debt pressures lingering and the country on a slower growth track, economists remain cautious on China’s outlook. A private survey of Chinese manufacturing activity showed a spike to a four-month high, just crossing the boundary from contraction to expansion. “Growth has started to...

Palestinians Revive an Ancient Custom to Promote Efficiency

Palestinian West Bank Homes

Palestinian architects have come up with an inexpensive and eco-friendly building solution in the West Bank, where rising real estate prices are locking many potential buyers out of the market. The architects are reaching back into history, encouraging Palestinians to build their own homes using sacks filled with clay. The evidence can be seen in...

Travel Stocks Taking Off

Travel Stocks Taking Off

Priceline.com Inc.’s (PCLN) strong results are bringing new attention to the online travel business, which, despite the rocky economy, continues to grow. Tight budgets or not, the travel business is going strong this summer, as vacationers around the globe log on – and take time off. The proof? Priceline, which – thanks in large part...

Hedge Funds Eyeing Bargains in Emerging Markets

Hedge Funds Eyeing Bargains in Emerging Markets

Templeton Emerging Markets Group Executive Chairman Mark Mobius believes that a huge wave of investment funds is set to pour back into markets like China and Thailand to take advantage of attractive prices. Said Mobius: “Of course you have to be selective, because there are some companies that are very, very expensive, some that are...

Giant Robot Crab Prowling Ocean Floor

Giant Robot Crab Prowling Ocean Floor

Giant Robot Crab Prowling Ocean Floor Scientists in South Korea have developed a new robot that’s modeled on the traits of crabs, to help gather data in underwater exploration. It’s called “Crabster,” and it’s a giant robotic crustacean developed to crawl along the ocean floor and explore in the name of science. The robot is...

South Africa’s Radical New Leader

South Africa’s Radical New Leader

South Africa’s Radical New Leader A radical new political party wants South Africa’s mines nationalized and white-owned land distributed. But will Julius Malema’s inflammatory brand of left-wing populism topple the ANC? Malema is leader of the “Economic Freedom Fighters,” taking sides with South Africa’s disenfranchised – the face of the country’s newest political movement. With...

What Does Abe’s Victory Mean for the Japanese Economy?

What Does Abe’s Victory Mean for the Japanese Economy?

What Does Abe’s Victory Mean for the Japanese Economy Japan’s Prime Minister, Shinzo Abe, got a resounding approval in parliamentary elections over the weekend, but such a sweeping mandate may actually prove to be a drag on his reform program. Abe’s Liberal Democratic Party scored a sweeping victory in Sunday’s Upper House election – the...