Mongolia is opening up its Tavan Tolgoi coal deposit to foreign investors. The site is located in the South Gobi desert near China’s northern border and has an estimated 6.4 billion metric tons of coal. Coal continues to be a major source of power generation in many countries including the U.S. where about 44% of …
The Global Finance magazine recently published the list of biggest banks in emerging markets. The table below lists the ten biggest banks in Asia for 2010. These banks were ranked based on their total assets as of September, 2010. The data was provided by Bankersalmanc.com. [TABLE=858] Note: *Asset figures provided by bank Chinese banks dominate …
Wish you all a Happy, Prosperous and Healthy New Year !!!! Lima, Peru (a famous American fast food shop is visible)