Since the US voters elected Barack Obama in 2008 – the first African American President of the United States of America – we witness continual attacks on this first black president. The attacks by the Tea Party have been widely broadcast by those parts of the US media most sympathetic to...

The state of the world economy is something of a moving feast. Each week, news from the USA, Europe and now China registers a new development, with a growing appreciation of the interconnectedness of the world economy. 'Understandings' are often confounded with 'happy talk' (what used to be...

A great deal of disinformation has been proffered concerning the prospects for the adoption of International Financial Reporting Standards (IFRS). The elephant in the room is the USA. The USA is the last but most important hold-out. Without a US adoption of IFRS, IFRS will be relegated to a...