Follow this tag to curate your own personalized Activity Stream and email alerts.
The American government’s relaxation of its 56-year embargo against Cuba and the inauguration of direct flights from China has triggered a race to invest in the island’s tourist infrastructure [...]
There are reports that China’s Suntime International Economic Trading Company will go ahead with a luxury hotel in Havana, in a joint venture Cuba’s state tourism agency, Cubanacán. The size of the hotel is reported variously at 600 to 650 rooms, with Suntime investing up to $150m
— Global Construction Review
While diplomatic relations between Cuba and the US have thawed during the Obama administration, the embargo still remains in place effectively. But companies like Marriott International (whose chief executive will accompany the President on his historic visit to the island later this month) are... View full entry
Have you heard the latest wisecrack about Harvard? People are calling it a hedge fund with a university attached [...]
Though the exact figure is hard to determine, experts I consulted estimate that over $100 billion of educational endowment money nationwide is invested in hedge funds, costing them approximately $2.5 billion in fees in 2015 alone. The problems with hedge funds managing college endowments are manifold, going well beyond the exorbitant...fees they charge for their services.
— the Nation
"The time has come for students to connect the dots between ballooning student debt, the poor treatment of campus workers, and the obscene wealth of hedge fund oligarchs."A rallying cry for a divestment movement to oppose hedge funds and their involvement with academia, the article discusses the... View full entry
Even more than the laws of physics and building codes, money rules everything in architecture. The architect is the canary in the recession's coal mine; skyscrapers and starchitectural gems stand as allegories for wealth; descriptors like "quality" and "affordable" at times seem mutually... View full entry
