HBCU Money™ Business Book Feature – The Outlaws Inc.: Black Market with the World’s Most Dangerous Smugglers

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This riveting account reveals the secret corners of our supposedly flat world: black markets where governments are never seen but still spend outrageous amounts of money. Journalist Matt Potter tells the story of Yuri and his crew, a gang of Russian military men who, after the collapse of the Soviet Union found themselves without work or prospects. So they bought a decommissioned Soviet plane-at liquidation prices, straight from the Russian government-and started a shipping business. It wasn’t long before Yuri, and many pilots like him, found themselves an unlikely (and ethically dubious) hub of global trading. Men like these are paid by the U.S., the Taliban, and blue-chip multinational companies to bring supplies- some legal, some not-across dangerous borders.

In a feat of daring reportage, Potter gets onto the flight deck with these outlaws and tells the story of their fearless missions. Dodging gunfire, Potter is taken from place to place by men trafficking everything from illicit weapons to emergency aid, making enemies everywhere but no reliable friends. As the world changes, we see the options for the crew first explode, then slowly diminish, until, in a desperate maneuver, they move their operations to the most lawless corners of Africa, where they operate to this day.

The story of these outlaws is a microcosm of the world since the end of the cold war: secret contracts, guerrilla foreign policy, and conflicts too thorny to be handled in public. Potter uses the story of these men to articulate an underground history of the globalized world. At once thrilling, provocative, and morally circumspect, this book is a must-read for anyone with an interest in espionage, or in how the world works today.

The HBCU Money™ Weekly Market Watch

Our Money Matters /\ May 31, 2013

NAME TICKER PRICE (GAIN/LOSS %)

African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $5.40 (0.00% UNCH)

Radio One (ROIA) $2.34 (1.29% UP)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  218.79 (0.56% UP)

Botswana Stock Exchange (BSE)  8 672.31 (0.06% UP)

Ghana Stock Exchange (GSE)  1 859.33 (54.98% UP)*

Nairobi Stock Exchange (NSE)  126.80 (N/A)

Johannesburg Stock Exchange (JSE) N/A (N/A)

International Stock Exchanges

New York Stock Exchange (NYSE) 9 367.55 (1.00% DN)

London Stock Exchange (LSE)  3 473.82 (1.02% DN)

Tokyo Stock Exchange (TOPIX)  1 135.78 (0.12% UP)

Commodities

Gold 1 391.20 (1.44% DN)

Oil 91.95 (1.77% DN)

*Ghana Stock Exchange shows current year to date movement. All others daily.

All quotes reported as of 3:00 PM Eastern Time Zone

HBCU Money™ Business Book Feature – Economic and Societal Impacts of Tornadoes

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For almost a decade, economists Kevin M. Simmons and Daniel Sutter have been studying the economic impacts and social consequences of the approximately 1,200 tornadoes that touch down across the United States annually. During this time, Simmons and Sutter have been compiling information from sources such as the National Oceanic and Atmospheric Administration and the U.S. Census in order to examine the casualties caused by tornadoes and to evaluate the National Weather Service’s efforts to reduce these casualties. In Economic and Societal Impacts of Tornadoes, Simmons and Sutter present their findings. This analysis will be extremely useful to anyone studying meteorology and imperative for anyone working in emergency disaster management.

HBCU Money™ Dozen Links 5/20 – 5/24

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Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure. We have made some changes here at HBCU Money™ Dozen. We are now solely focused on research and central bank articles from the previous week. HBCU Politics™ our sibling publication will be taking over the political and government happenings so be sure to visit them at http://www.hbcupolitics.com for their release if you miss it.

Research

Designing a corn strain to resist mold l Kentucky Equine Research

High-quality salmon gets higher prices. 9 short videos with ideas for keeping that intrinsic l Alaska Sea Grant http://fb.me/2fflfUwft

Are you a teacher who’d like to grow your energy literacy so you can pass it on to your students? l Argonne http://1.usa.gov/WZu3ar

Teacher workshops and training opportunities are ramping up for summer! l Illinois-Indiana Sea Grant http://fb.me/w4iT3qOm

Meteorologist Edwin Campos answers questions about how he’s helping make solar energy more viable l Argonne http://bit.ly/11dxaJb

Our scientists developed Virtual Beach – it uses local data to protect contamination before it happens l EPA http://1.usa.gov/19WqlBl

Federal Reserve, Central Banks, & Financial Departments

Find out why U.S. corporations are holding so much cash l St. Louis Fed

Trinidad & Tobago holds rate, growth weak, inflation down l Central Bank News http://dlvr.it/3QPqq7

SouthEast shows job gains this spring, a change from the last couple (data) l Atlanta Fed http://goo.gl/LDK3z

New lending guidelines make it easier for seniors to get a mortgage l Housing Wire http://hwi.re/3QMYfK

“Land of Opportunity? Economic Mobility in the United States.” l Richmond Fed http://ow.ly/lmGJ3

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important research and finance articles of the week.

 

The HBCU Money™ Weekly Market Watch

Our Money Matters /\ May 24, 2013

NAME TICKER PRICE (GAIN/LOSS %)

African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $5.98 (0.00% UNCH)

Radio One (ROIA) $2.35 (0.38% UP)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  203.21 (0.38% UP)

Botswana Stock Exchange (BSE)  8 665.45 (0.00% UNCH)

Ghana Stock Exchange (GSE)  1 852.36 (54.40% UP)*

Nairobi Stock Exchange (NSE)  126.89 (N/A)

Johannesburg Stock Exchange (JSE) 40 998.58 (0.35% UP)

International Stock Exchanges

New York Stock Exchange (NYSE) 9 434.69 (0.33% DN)

London Stock Exchange (LSE)  3 506.56 (0.64% DN)

Tokyo Stock Exchange (TOPIX)  1 194.08 (0.48% UP)

Commodities

Gold 1 386.60 (0.37% DN)

Oil 94.24 (0.01% DN)

*Ghana Stock Exchange shows current year to date movement. All others daily.

All quotes reported as of 2:00 PM Eastern Time Zone