A recent article in the Bloomberg BusinessWeek magazine titled There’s a New Silk Road, and It Doesn’t Lead to the U.S. discussed the growing trade ties between emerging markets. From the article: “As the U.S. emerges from the recession, American investors often wonder where the growth is going to come from. Perhaps they should talk …
Continue reading ‘China’s Trade With Emerging Markets is Surging’ »
Ireland: A recession of the banks, by the banks, and for the banks Canada’s ‘more humane society’ saved economy: Krugman Is it time to buy shares in Lloyds? Denmark Starts to Trim Its Admired Safety Net There’s money in tourism … The automotive industry in developing countries: Ready to move up a gear? Your House …
Continue reading ‘Knowledge is Power: Danish Safety Net, Tourism, Irish Banks Edition’ »
The German economy grew sharply by 2.2% in the second quarter of this year according to data released on Friday. This figure is the highest recorded since the reunification of East and West Germany. From an article in The Economist blog: “The success of the euro-area’s largest economy owed a lot to a surge in …
Continue reading ‘Germany’s Top Trading Partners and Export Goods’ »
The stress test for European bank is over. The majority of the banks passed the test though some question the depth and usefulness of the exercises. Generally similar to US banks reporting better earnings, most of the large European banks are in the recovery phase and are reporting higher profits and lower provisions for losses. …
In this post lets take a quick look at two companies from Denmark. These are the only two Danish stocks traded on the organized US exchanges. 1. Novo Nordisk (NVO) Novo Nordisk is a healthcare company focused on the discovery, development, manufacturing and marketing of pharmaceutical products. It operates in two segments: diabetes care and …