Why Invest in Chile’s Financial Sector

Chile has one of the top growing economies in Latin America. Though the country’s economy is primarily dependent on exports of commodities such as copper the composition of the GDP is slowly changing. Today though mining is the major industry in Chile, financial services account for about 16% of the GDP according to a Doing …

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The Top 15 Global OutSourcing IT-BPO Service Providers Based on Revenues

The global IT industry is a multi-billion industry with thousands of companies employing millions of workers . Within the industry one of the major subsectors that has experienced strong growth in the past few years has been the Business Process Outsourcing (BPO) sector. According to Wikipedia BPO “involves the contracting of the operations and responsibilities …

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Chart: Performance of Foreign Bank Stocks YTD

Equity markets worldwide started the year strong. However in the past few weeks they have been highly volatile with most of the markets declining considerably from the highs reached this year. The Year-To-Date (YTD) performance of some of the major indices are noted below: S&P 500 Index: 3.0 % CAC 40: -4.8% DAX: 6.3% FTSE …

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Labor’s Share of Income Plummets While Peronal Dividend Income Soars

U.S. Corporations posted record profits in 2011 according to the latest Fortune 500 list published by Fortune magazine earlier this month. Despite the high unemployment rate in the country, the biggest 500 companies raked in a record-breaking $824.0 billion in combined profits last year. This amount is up 16% from 2010. Exxon Mobil, the highest …

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