Colombian oil major Ecopetrol(EC) will pay its 2nd dividend payment for the year later this month. The Ex-Dividend Date for the ADR is June 24th and the dividend will be paid on July 3rd. The Dividend amount is 3,120 Colombian pesos per DR. So at today’s exchange rate this would amount to $0.805 per DR. …
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U.S. Global Investors published updated version of The Periodic Table of Commodities Returns chart with 2023 data earlier this year. Gold was the top performer last year with a return of over 13%. The worst performer was Lithium with a loss of about 82% as the craze for EV demand cooled last year. Copper prices …
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Many investors worry about the debt-to-GDP ratio when evaluating a country’s economy. For example, the US national debt is over $34.5 Trillion according to the US Treasury. The debt-to-GDP ratio stood at 124.7 % of the nominal GDP in March 2024. The record low was at 31.8%. The cost service the debt amounted to 2.4% of …
Fast food used to cheap in the US many years ago. That is no longer the case. Fast food which is basically “junk” and unhealthy food has become incredibly expensive in the past few years especially since the pandemic. Multiple factors have led to menu prices soaring. These include higher labor costs, inflation, rising food …
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Islam is the second largest religion in the world after Christianity. Around 1.8 billion people are followers of Islam. Indonesia has the largest number of followers followed by Pakistan and India. Similar to other religions, Islam also has multiple sects and sub-sects with Shia and Sunni being the major sects. Recently I came across the …
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