Harvard endowments bet the farm on Brazil
02 March 2018 | 7:57 am
Chris Ailman, chief investment officer at California State Teachers' Retirement System, and Bloomberg's Jason Kelly discuss the strategy and performance of Harvard's endowments.
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This week, the governor of California decisively defeated a Republican campaign to remove him from office. Gavin Newsom easily survived the recall election, leaving dozens of challengers far behind. The victory sends a strong message that California voters are still behind Newsom and the traditional polices of the deeply Democratic state. We take a closer look at the recall mechanism.
Hundreds of firefighters are battling the Windy Fire to protect several groves of giant sequoias in the United States. The fire has already charred 25,000 acres (10,000 hectares), and a number of separate fires are converging on the California woodland that is home to the huge trees.
The town of Greenville, California was completely burned to the ground almost two months ago when the Dixie Fire tore through the area. Buildings lay in ruins, cars sit scorched and trees stand charred after what the governer called a "climate-induced" wildfire. Climate change amplifies droughts, creating ideal conditions for wildfires to spread out of control and inflict unprecedented material and environmental damage.
The Social Democrats' narrow victory in Germany's federal elections suggests the country could be heading into a more progressive future. As coalition talks get started, business leaders want their priorities heard.
An oil spill in Southern California closed beaches and led authorities to cancel the last day of the Pacific Air Show. At least 126,000 gallons (98,420 liters) of oil spilled off the coast of Orange County.
The massive oil spill from 480,000 liters leaking off the Orange County coast is slowly moving south, threatening marine-protected areas as well as popular beaches. On the coastline of South California, most beaches are closed, with efforts to clean areas impacted by the oil ongoing.
The standoff over migrants entering the EU between Minsk and Warsaw has hit local Polish businesses near the border, many reliant on tourism. With the winter coming and no end in sight to the crisis, DW visited the area.
Report: Africa to see less funding for fossil fuels - Nigeria introduces eNaira digital currency - Solar powered vehicles made in Germany?
Benefitting from soaring demand for online ads, Google's parent company Alphabet reported nearly $19 billion in profits between July and September, up 68 percent from the same period last year. Microsoft's earnings also beat expectations, while French consumers are gearing up for some price hikes at the bakery.
Handing the win to pharmaceutical companies, the judge said the plaintiffs hadn't proven that deceptive marketing by the firms led to a rise in unnecessary opioid prescriptions.
Bar owner Mohamed Lamin Mansaray told everyone to run away from his bar just before a fuel tanker exploded following a traffic collision, killing at least 99 people and injuring hundreds more on Friday (November 5) in Sierra Leone. The explosion destroyed Mansaray's business killing a staff member and destroying his home, which he had built for himself and his 10 family members. "We are getting into festive season....I have just purchased a brand new musical set, lots of drinks from the Sierra Leone brewery and chairs that worth about Le 270,000,000 (24,700 USD). Property that I have lost and one of my staff died”, said Mansaray while pointing at what is left of his business.
Though discussions at COP26 are usually among national governments, the US state of California sent its own delegation to the UN climate conference in Glasgow. California is already feeling the effects of climate change and in recent years it has taken aggressive action to reduce greenhouse gases, with a target of 100 percent clean electricity by 2045. Our correspondents Valérie Defert, Pierrick Leurent and Ryan Thompson report from the Golden State.
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London police chief Cressida Dick has said officers will investigate a spate of parties held at Prime Minister Boris Johnson's residence and office during COVID-19 lockdowns
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The British prime minister is facing fresh accusations of hosting parties during lockdown in June 2020. About 30 people are said to have attended a birthday celebration, when gatherings were not allowed.
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As football fans reel over the deaths of at least eight people outside Olembe Stadium, questions have been raised as to how the tragedy unfolded. There had been concerns about poor preparation ahead of the tournament.
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Eight teams are left standing in the Africa Cup of Nations after a round of 16 full of suspense, surprises and upsets but overshadowed by tragedy and more criticism for CAF. Selina Sykes is joined by Sports Editor Simon Harding and Eurosport journalist Ruben Slagter to discuss all the major talking points of the knockouts so far and what to expect in the quarter-finals.
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Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.
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Denmark has accused coup generals of playing a dirty political game after the junta withdrew the invitation to deploy Danish troops. Denmark has announced the country would withdraw its newly deployed contingent of 90 troops from Mali after repeated demands by the poor Sahel country's military junta.