The U.S. has posted budget deficits year after year except for a brief period in the 1960s and between 1998 and 2001. One of the reasons for this shortfall is that the Federal government’s revenue is not keeping up with the rising expenditures. Among the expenditures, I believe the most important one to concentrate on …
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The ten most profitable publicly-listed Chinese companies that appear in the Forbes Global 2000 list for 2010 are listed below. [TABLE=499] PetroChina(PTR) tops the list with a profit of $16.8B. PetroChina’s profit is comparable to Brazilian oil company Petrobras’ (PBR) profit of $16.63B. The list above is heavily concentrated with banks taking six of the …
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The ten most profitable publicly-listed companies in Brazil that made it to the Forbes Global 2000 list for this year are listed below. Redecard, the credit card network services firm and a component of the Bovespa Index, is currently not traded on the US markets. Redecard plans to list on the US markets next year. …
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Ahoy, Dividend Investors Greek bailout makes no sense in any language Is Vietnam cultivating another asset bubble? Oilsands: China’s $7-billion gamble American Companies Dodge $60 Billion in Taxes Even Tea Party Would Condemn Spain’s Jobless Find It Hard to Go Back to the Farm Wishing they will come Nha Trang, Vietnam
The Shanghai SE Composite Index is down 17.71% Year-To-Date(YTD) and is flirting with bear the market territory. While many of the Chinese investors are afraid of the market now some see this plunge as a good time to enter the market. The optimists reason that it is not worth keeping money in banks due to …
Continue reading ‘The Five Best and Worst Performing Chinese ADRs YTD’ »