Investors fled from Irish bank stocks during the credit crisis last year. The real estate bubble collapse in Ireland and the overall slump of the Irish economy added more losses for Irish banks. The third largest bank in Ireland, Anglo Irish Bank was nationalized back in January this year. Ireland saved the other two large …
Continue reading ‘Should You Avoid Investing in Danish, Irish and Spanish Banks Now?’ »
China is the second largest trade partner of the U.S.. Total trade with China amounted to $194B with the U.S. running a trade deficit (imports greater than exports) of $123B as of July this year. In fact, the U.S. has been running a trade deficit with China for many years now. In recent years however, …
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The S&P ADR Index, which tracks some of the large foreign companies traded in the U.S. markets, also includes many ordinary Canadian equities. The top nine energy companies of Canada are listed below. Energy trusts are excluded. 1.Cameco Corp. (CCJ) Sector: Mining – Uranium Earnings Growth (5 year): 10.21% 2.Canadian Natural Resources Ltd.(CNQ) Sector: Integrated …
A recent article in The Banker magazine praises Columbia and Peru for their economic growth. In the article On the Brink, author Jason Mitchell writes: “While the Western world has been struggling through the global financial crisis, Latin America has shown a remarkable resilience to the upheaval. Two countries in particular – Colombia and Peru …
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