Day November 21, 2008

The case for Resilient Community

Some years ago I visited two villages near Gampaha, Sri Lanka. Both were small and poor. Both were inhabited by members of Rodhi caste, the Sinhalese version of untouchables. But there, all similarity ended. In the first, families of five…

Venture capitalists invest in Somali pirates

Sharp-eyed investors say Indian Ocean piracy has replaced Bangladeshi t-shirt factories as the developing world’s strongest source of high-growth revenue streams. Julian Cook, head of strategy at Porter, Pinkney and Turner (PPT), said: “The margins are very impressive. These guys…