Performance Comparison: Ecopetrol vs Petrobras

Oil majors Ecopetrol (EC) of Colombia and Petrobras(PBR) of Brazil are both controlled by the state. In the past 5 years the ADR performance of these companies have diverged significantly as shown in the chart below: Click to enlarge Source: Google Finance Petrobras had a great run in the past. However the stock has performed poorly especially …

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How Big Are Equity Markets In Emerging Countries?

Stock markets in developing countries are small in terms of market capitalization compared to their peers in the developed world. The latest issue of The Economist has the following graphic on emerging market equities: Click to enlarge Source: Shares in emerging markets Scarce, The Economist It should be noted that only the freely traded shares …

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Obesity Rates For Adults Across Countries

Obesity is increasingly becoming an problem around the world. It is particularly high in developed countries compared to developing countries. In the U.S.,  the obesity epidemic adds billions of dollars in healthcare costs. Relatively very cheap food prices, lethargic lifestyle, high dependence on automobile for transport, high consumption of genetically modified foods, high amounts of …

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