1.MOSCOW – Russia’s Prime Minister Vladimir Putin has put his signature on one of the strangest mine prospector’s pay-sheets drafted in the history of mining. For companies such as listed and cash-rich Chinese goldminers Zijin Mining Group and Zhongjin Gold Corp, now experiencing almost vertical share-price takeoffs, Putin’s message is to stay away, at least …
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Geneva,Switzerland-based The International Air Transport Association (IATA) announced a revised outlook for the airline industry in 2009. Due to the worsening economic conditions worldwide, IATA increased the global loss outlook from $2.5B in December to $4.7B now. Some of the key points from the news release are: Air Cargo demand is to decline 13% this …
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1. A legendary investor on why the UK economy is doomed He’s said it before, but Jim Rogers this week fleshed out his concerns for the British economy. 2.Overall investors have mainly been focusing on dividend cuts in 2009. I believe that most stocks that pay out dividends are cyclical in nature. Thus, they do …
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The following is the Top 20 Mid-Cap Banks in Latin America from a study by Latin Finance and Management&Excellence. These most sustainable Latin American Mid-Cap Banks are for 2008. The data for 2009 is not yet out. The banks listed here are from Argentina, Bolivia, Brazil, Peru, Venezuela and Uruguay. They were evaluated on 330 …
The WTO sees a 9% global trade decline in 2009 as recession strikes. In a press release today, the WTO said: “The collapse in global demand brought on by the biggest economic downturn in decades will drive exports down by roughly 9% in volume terms in 2009, the biggest such contraction since the Second World …