Update: South Africa’s highest court allows class action case against Mining companies.

About 500 000 former and existing miners have now been given the opportunity to jointly sue 32 mining companies for damages in the millions of dollars, thanks to the recent decision of the court in Johannesburg. The initial case was brought forward by a group of 60 miners but is set to expand to cover thousands of elderly men from the poorest rural areas of South Africa as well as Lesotho, Swaziland, Malawi and Mozambique,.   ... →

Chinas ‘Going Global’ Strategy

Since its WTO accession in 2001, China’s foreign investments have increased, and with this its integration into the global economy, this trend is also called the ‘Going Global’ Strategy. Chinas total non-current assets is estimated at about $4.6 trillion. This makes China a powerful player in the financial world, ahead of the USA and Japan.

The chinese central bank, with a sum of $3.9 trillion is the worlds largest public investor.   ... →