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Successfully meeting international development goals in the post pandemic era calls for a renewed commitment to honesty both on a micro level and a macro level about what development assistance can and should seek to achieve. The debate about official assistance is often bookended by, at best, misplaced good intent and, at worst, falsehoods told to reinforce the status quo. Supporting innovation and R&D is at the heart of both an honest development agenda and the clearest path toward pushing decision-making more locally while still being true to our values around environmental, social, and governance standards such as gender equity and climate resilience.
By Alexander Tanas
CHISINAU, Jan 27 (Reuters) - Moldovan President Maia Sandu said on Wednesday she was nominating former finance minister Natalia Gavrilita as prime minister but that the country could still head towards an early parliamentary election.
Gavrilita, 43, was finance minister when Sandu was prime minister in 2019, in a short-lived government that fell in a no-confidence vote within months. Before that, she worked with British-based consultancy Oxford Policy Management and at the non-profit Global Innovation Fund.
Sandu, who favours closer ties with the European Union, defeated her pro-Russian predecessor Igor Dodon in a presidential election in November but has tussled with a parliament dominated by lawmakers loyal to Dodon.
5 Biggest Quant Funds in The World
Quant pioneer Renaissance Technologies saw one of the biggest losses in its history from its three funds open to outside investors. Renaissance Institutional Diversified Alpha fund and Renaissance Institutional Diversified Global Equities fund fell in the range of 30% in 2020 while its Institutional Equities fund plunged close to 20%.
Its Medallion Fund, which is available only to Renaissance insiders, returned 76% last year.
Renaissance Technologies remained unsuccessful in accurately predicting market trends during the first half of the year, but the firm managed to trim losses during the second half of the year. In a September quarter letter to investors, Jim Simons said its losses were due to being under-hedged during March’s collapse and then over-hedged in the rebound from April through June. That happened because its trading models “overcompensated” for the original trouble.