Growth of U.S. Personal Consumption, Income and Household Liabilities

The U.S. economy at over $14.0 Trillion is the largest economy in the world. However personal consumption accounts for most of the GDP. Since the late 1990s, the share of personal consumption in the GDP has been growing consistently and exceeded the long-term average of  about 66%. In 2009 it peaked at 71% of the …

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Top 25 Banks in Africa and the Middle East

The Top 25 Banks in Africa and the Middle East based on Tier 1 Capital in 2009 are listed below. This ranking is part of the annual World’s Top 1000 Banks published by the The Banker magazine based in London,UK. Source: The Banker Standard Bank Group Ltd. of South Africa trades on the U.S. OTC …

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Five Australian Stocks Yielding Over 5% Dividends

Often called as “the Lucky Country”  Australia is blessed with plenty of natural resources and wonderful weather. Similar to the Canadian banking system, the Australian banking system is stable and was least affected during the financial crisis.Australia has many of the commodities such as coal that the growing economies of China and India desperately need. …

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