Despite the housing market crash in many states, there are markets which are holding up well. A few of these markets are not only strong but are actually projected to show an increase in home values in 2009, as per a report by Housing Predictor, an independent real estate markets forecasting site. The Top 25 …
1.Capitalism with Chinese Characteristics–FEER Editor Hugo Restall reviews Yasheng Huang’s timely critique of China’s brand of capitalism. 2.The German government has launched a takeover bid for the bank Hypo Real Estate by offering shareholders €1.39 per stock. If they refuse, Berlin has the right to expropriate them under a new law.Berlin Launches Hypo Real Estate …
Continue reading ‘Knowledge is Power: Obama The Economic Magician Edition’ »
One of the factor that influences the performance of an economy is the external debt owed – which is the amount owed by locals to non-residents (or foreigners). According to Finance & Development of IMF’s Statistics Department, in Latin America external debt as a percentage of GDP has fallen significantly over the past five years. …
Continue reading ‘With Low Debt, Latin America Should Do Better This Year’ »
1.April 8 (Bloomberg) — Since the Jwaneng diamond mine in Botswana closed in February, Emmanuel Garetshele has done little except cash his mine-operator paycheck and watch his country go from being the success story of Africa to an economic laggard. Botswana Diamond Mines Sit Idle as Africa’s Star Economy Loses Its Luster 2.SUFFOCATED BY DEBT …
Continue reading ‘Knowledge is Power: Extended Downturn Edition’ »
The ten most traded foreign ADR stocks by daily volume are: Companhia Vale do Rio Doce-CVRD – RIO Taiwan Semiconductor Manufacturing – TSM Nokia – NOK Petroleo Brasileiro – PBR Itau Unibanco – ITU Banco Bradesco – BBD Alcatel-Lucent – ALU Siliconware Precision Industries – SPIL BP – BP America Movil – AMX Four of …