One of the fastest growing sectors in emerging countries is the mining sector. Many of the emerging countries are heavily commodity-based economies. Russia is dependent on crude oil, Chile is dependent on copper, Brazil for a wide variety of natural resources, South Africa for gold and other precious metals, etc. As a result, when the …
Recently Madrid-based influential real estate market analysts R.R. de Acuña & Asociados released the annual report on the property market in Spain. Releasing the report, Fernando RodrÃguez y RodrÃguez de Acuña, president of the company said “There are no green shoots around here†describing the state of the Spanish property market. This is not surprising …
Continue reading ‘Spanish Property Market to Recover in 2016’ »
In addition to the foreign banks listed in the New York Stock Exchange(NYSE), there are many banks that trade on the OTC markets. Some of the banks moved to the OTC a few years to due to the high listing fees charged by the New York Stock Exchange. Others prefer the easier listing and regulatory …
Continue reading ‘A Look at Foreign Bank Stocks Traded in OTC Markets’ »
There is clearly a class of people who do not face the full force of the law because of who they happen to be. The same stunning level of corruption is also true for banks, bailouts and financial systems. This will be the unsavory legacy of the Lehman Brothers aftermath.Moral hazard is back Opponents of …
Continue reading ‘Knowledge is Power: The Financial Crisis Already Behind Us? Edition’ »
The Top 10 Banks of Ukraine based on Assets as of December 2008 are shown below: Source: Banking in CEE: Challenging Times but Recovery on the Horizon by UNICREDIT TIRIAC BANK S.A.