This year, according to the Chinese lunar cycle, is the Year of the Tiger. An appropriate time, therefore, to explore the increasingly connected relationship between the Chinese dragon and the Indian tiger, as they ever more come face to face whilst prowling the jungles of global economics and politics.
Last week, newspapers and readers all over the world were agog at the news of the sale in Hong Kong of a 507 carat diamond for US$35.3mn.
The past couple of years, ever since the US sub-prime mortgage flames ravaged the world in a financial conflagration, there has been a renaissance in the debate over 'moral hazard'.
In recent columns I have dwelled upon the broad theme of corporate governance and transparency. My argument has been that a lot of the recent financial problems are due to poor corporate governance.
Almost twenty years ago I did my MBA in France, and I can still vividly recall my Financial Accounting professor, David Young, an American with a Napoleonic stature, who ruled the classroom with his iron will.