Rana Foroohar

Nassim Taleb On The Markets

Trader turned philosopher Nassim Nicholas Taleb would probably be the first to admit the role that chance played in his recent market gains. Though he no longer actively trades himself, the Santa Monica, California-based hedge fund he advises, Universa, has posted gains of between 50 and 110 percent in recent months, even as the S&P is down 40 percent.

Why Low Oil Prices Won't Last

In the midst of last week's market turmoil, there was one piece of good news. Oil prices, which had neared the $150 mark just a few weeks ago, fell back below $100, mainly due to fears about sharply slower global growth as the financial crisis on Wall Street deepens.

Big, But Not Very Bad

Sovereign wealth funds aren't so scary. That's the finding of a new study of SWFs, the booming investment arms of petro states like Saudi Arabia and emerging giants like China.

Ten Cent Solution

The Copenhagen consensus Center, a Danish group that seeks the most cost-effective solutions to the planet's biggest problems, has come out with its new top-30 list of global challenges.

Breaking Up With The IMF

With the end of the International Monetary Fund's $10 billion deal in Turkey, there's been much ado about the country's economic future. Some of it's warranted: Turkey was an IMF poster child, tackling inflation and reducing debt from 76 to 39 percent of GDP since 2001.

Hunger: The Biggest Crisis of All

If you have any doubt about the long-term implications of hunger, consider the following statistic. In North Korea, where food shortages and famine have been endemic for years, the average adolescent is 18 centimeters shorter than his counterpart in South Korea.

NY, London: Fake Losers

Have you noticed that both New York and London claim to be losing the race to become the world's top financial center? Last year New York Mayor Michael Bloomberg fretted that his city is behind, citing a McKinsey survey that blamed onerous SOX regulations imposed after the Enron-era scandals.

Investing in North Korea

Emerging markets have taken a hit over the past couple of weeks, as global market wobbles have prompted a flight from risk. So it's surprising that North Korea—a country that stretches the very definition of emerging market—has been in the news as a target for foreign investment.

Secret Habits of the Super Rich

There are bespoke suits. And then there are bespoke books. For the mogul who truly has everything, there's something new: a custom-made autobiography. For any where from a few grand to $100,000, Myspecialbook.com, a publishing company started a few years back by wealthy Argentines, will write, design and publish a book all about anyone who can afford it.

Software Savior?

When you think of technology visionaries, Hasso Plattner's name probably doesn't spring to mind. But it should. As the founder of the German company SAP, the world's third largest software maker after Microsoft and Oracle, Plattner has been every bit as influential as better-known peers like Bill Gates or Steve Jobs.

Big Oil's Big Problem

Under the 12-year leadership of Lord John Browne, BP cultivated a reputation as a different kind of oil company, kinder and gentler on issues from women in its work force to the environment.