Natural Gas is increasingly becoming an important fuel in meeting the global energy needs. In this post, let us take a quick look at the largest natural gas fields in the world. Eastern Europe and Eurasia have the largest known natural gas resources, which are concentrated in the countries of the former Soviet Union. The …
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Most investors are currently avoiding European banks due to the myriads of issues facing the whole banking industry. It is almost impossible to evaluate a bank’s balance sheet since there are many known unknowns. Austria’s Erste Bank (EBKDY) is a classic example of this scenario. Just when investors, including myself, thought that the worst was …
Russia is a resource-rich nation and the hence the vast majority of Russian exports are fuels, metals and minerals. The country is one of the largest exporters of crude oil and natural gas with Europe being the primary market. The following graphic shows the top export and import markets for Russia: Click to enlarge …
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The four giant U.S. banks – Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM) and Wells Fargo (WFC) – hold billions of dollars in assets. However bigger is not always better in the banking industry. Though the big banks have the full support of the U.S. government to bail them out if they run …
Continue reading ‘Performance Comparison: Little Bank vs. Four Super Banks’ »
At the beginning of this year the S&P 500 index stood at 1257. Over the last 10 months the index has experienced extreme volatility and closed today at 1,251. Similarly the index started at 1,320 in the year 2001 which is higher than where it ended today. Hence some investors may have the following question in …