Nice to be here. Would you agree with me that your bank has moved an awful long way from those early days and from its original mission . No, i wouldnt. I would certainly agree with you that we have expanded our geographically, but the mission is the same. Private sector development, the creation of effective markets. Were still actually operating in oui were still actually operating in our traditional region. But because of the success of the Business Model, we decided we should expand to turkey, central asia and north africa, as you said. It is a sign of success, not mission creep. The problem with that is that from the beginning, you were a Financial Institution underpinned by a clear statement of values. In the places youve just outlined where you operate today, those values do not seem to be applied in the same way. Sometimes there are values, such as political, democratic, values, pluralism, like stated. They are certainly applied inconsistently in some places. But we are very op
Im stephen sackur. Remember the tumultuous events in the early 1990s in Eastern Europe . From the wreckage of the Soviet Empire, a new, freer more prosperous region emerged anchored in the eu and nato. The European Bank of reconstruction and development was created to foster that transformation. My guest today is Bank President , sir suma chakrabarti. These days, many of his investment projects are actually in turkey, central asia and north africa. Has Mission Creep undermined the values of the ebrd . Suma chakra barti, welcome to hardtalk. Nice to be here. Would you agree with me that your bank has moved an awful long way from those early days and from its original mission . No, i wouldnt. I would certainly agree with you that we have expanded our geography, but i would say the mission is the same. Private sector development, the creation of affective markets, were still actually operating in our traditional region but because of the success of that Business Model, our shareholders di
Im stephen sackur. Remember the tumultuous events in the early 1990s in Eastern Europe . From the wreckage of the Soviet Empire, a new, freer more prosperous region emerged anchored in the eu and nato. The European Bank of reconstruction and development was created to foster that transformation. My guest today is Bank President , sir suma chakrabarti. These days, many of his investment projects are actually in turkey, central asia and north africa. Has Mission Creep undermined the values of the ebrd . Suma chakra barti, welcome to hardtalk. Nice to be here. Would you agree with me that your bank has moved an awful long way from those early days and from its original mission . No, i wouldnt. I would certainly agree with you that we have expanded our geography, but i would say the mission is the same. Private sector development, the creation of affective markets, were still actually operating in our traditional region but because of the success of that Business Model, our shareholders di
And it starts with copper, the mineral copper. Theres copper in brass. Theres copper in bronze. The Statue Of Liberty is sheathed in a layer of copper. Thats about the thickness of two pennies. Pennies themselves used to be copper, but now theyre just coppercovered zinc, which sort of seems sad. It makes financial sense, because copper over time became too valuable to use in something as cheap as a penny, because most of what we use copper for now is conducting electricity. We use copper for wiring. There is a massive global appetite for copper. And the Worlds Largest producer of copper is an american company. Its a company that used to be based in new orleans but now the Mining Company freeport is based in phoenix, arizona. And the freeport Mining Company of phoenix, arizona, they do still mine copper in arizona and
they mine copper in new mexico and in colorado. But they are a gigantic firm. And theyre a global operation. In south america, they mine copper in chile, peru. In indonesi
Mentorship and s. T. E. A. M. Opportunities and how to develop opportunities for the work force and leverage the programs that the Small Business administration as well as other Government Agencies have for Small Businesses. Lets talk about what you expect to come from this. Shirley, lets start with you. It is one thing to be on a listening tour. Its another to put it in action. Did you get the sense theres going to be something within this administration to help Small Businesses that is different than what we have seen before . I think, probably, just a greater awareness that we are out there. We are out there doing good work and the women who own them are serious and dedicated to the work we are doing. What do you think . Im very encouraged for two particular reasons. Number one, ivanka trump was also at the table. She said its one of her priorities. I think she is going to work closely with her father to make sure theres a positive impact
on. Shes very well spoken. I appreciated her