Ireland is relatively a little country with a population of about 4.5 million.Until the late 80s the country was a poor performer in terms of growth and prosperity. However Ireland was erroneously dubbed as a “Celtic Tiger” owing to the staggering economic growth achieved until 2007. This Celtic Tiger name was modeled after the “Asian …
Continue reading ‘Some Facts About Ireland and The Largest 10 Companies’ »
The table below lists the Year-To-Date (YTD) performance of the exchange-listed Irish ADRs: [TABLE=721] Similar to Anglo Irish Bank investors, Allied Irish Banks(AIB) and Bank of Ireland(IRE) common investors may be wiped out if Ireland nationalizes these beaten-down banks.CRH (CRH) is in the construction and materials industry. So it can be avoided until the dust …
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A few days ago we reviewed the top 20 global pharmaceutical companies by sales. In this post, lets take a quick look at the top 10 global biopharmaceutical firms based on 2009 revenues. The table below lists the Top 10 Global Biopharmaceutical Companies by Sales. These firms were selected based on the following rule: The …
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The Irish government is negotiating a $110 billion bailout deal with the IMF and EU. Today Ireland unveiled a four-year austerity plan. From an Bloomberg article: “Ireland’s government said it will cut spending by about 20 percent and raise taxes over the next four years as talks on a bailout of the country near conclusion.Welfare …
Continue reading ‘Debt Due over the 20 Years From Ireland, Portugal and Spain’ »
The demand for coal is rising in Asia especially in China and India. As a result, developed countries that have an abundance of coal deposits are increasing their exports to Asia. In addition, mining companies in Australia, U.S. and others are exploring the possibility of opening new mines to take advantage of the growing demand. …