Investing

It was announced today that the business magnate and former New York Major, Michael Bloomberg,  has decided to return to lead his business empire, Blooomberg, L.P. The decision was made only 8 months after he finished his third term as New York mayor. While some had thought that the 72 year-old Michael Bloomberg would focus on charity work and other ventures outside his company, those who know him better must alwas have believed it was only a matter of time, before he decides to reoccupy his chair.

The United States economy grew faster than previously thought in the second quarter of 2014, the Commerce Department said on Thursday, August 28, 2014. The latest numbers confirm the signs of a sustainable growth and the continued positive outlook of the US economy. Reacting to the news, President Obama expressed his satisfaction and said that “companies are investing, consumers are spending...There are reasons to feel good about the direction that we are headed"

The growth was fueled by several factors including manufacturing, increased investment by businesses, and foreign trade.

Angolan President Jose Eduardo Dos Santos is one of the longest serving African leaders. The 71 years old leader, in power since 1979, has said that this is his last term in office. Rights groups and independent observers have accused him of personalized and autocratic rule and sometimes of corruption. His daughter, the businesswoman and investor Isabel Dos Santos considered by Forbes to be the richest woman in Africa and the most powerful and richest woman in her country. She owns several businesses in Angola, Portugal, and the Netherlands. But although she appears to have benefited from being the first daughter of Angola, those close to her  do not question her business acumen and her entrepreneurial spirit since she graduated from the UK elite school of King's College.
It is that spirit that appears to have prevailed in Angola since the country emerged from decades of civil war.