Will the US start a Car Scrapping Incentive Program?

In a recent Washington Post article titled “Too Many Cars, and They’re Not on the Road“,the author says that 57,000 unsold cars are piled up at the Port of Baltimore and many more are stored at the Baltimore-Washington International Marshall Airport. The big three US automakers – Ford Motor Co (F), General Motors(GM) and Chrysler …

Continue reading ‘Will the US start a Car Scrapping Incentive Program?’ »

The Top 50 Banks of Brazil by Assets

The Top 50 Banks of Brazil based on assets held as of December 31,2008 are listed below. The source of the data is Banco Central Do Brasil which is the Central Bank of Brazil. The largest 50 Brazilian banks based on Assets held in R$ thousands (as of December 31,2008): [TABLE=147] Source: Banco Central Do …

Continue reading ‘The Top 50 Banks of Brazil by Assets’ »

Knowledge is Power: Failed Banksters Edition

1.  BEIJING, April 11 — China’s government has pledged to create 1 million jobs for college graduates in the service outsourcing industry in five years.China to create 1 mln service outsourcing jobs for graduates 2. Obama Stakes His Fortunes on Failed Banksters Now that we have a rough idea how President Barack Obama and his lieutenants …

Continue reading ‘Knowledge is Power: Failed Banksters Edition’ »

Update: The Callan Periodic Table

The Callan Periodic Table of Investment Returns from Callan Associates is widely used by investors to compare performance of various market indices. Recently I found the Callan Chart that lists the Best and Worst Performing Indices from 1985 to 2004. To access this chart click on the image below:Callan Chart Annual Returns – The Best …

Continue reading ‘Update: The Callan Periodic Table’ »

Charts: Economic Crisis Impact of East Asia and Pacific Countries

This month, World Bank released the “Battling the forces of global recession” , an economic update for the East Asia and Pacific Region report. The following are some interesting charts from this report that show the effects of the current global recession on these countries : 1. Industrial Production Taiwan is the worst affected country …

Continue reading ‘Charts: Economic Crisis Impact of East Asia and Pacific Countries’ »