Archive of entries posted by David Hunkar

The Top 30 Non-Financial State-Owned Trans-National Companies

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State-owned Trans-national Companies (TNCs) are enterprises in which the government holds a majority controlling interest.In 2010, there were at least 650 State-owned TNCs operating around the globe. The total number of the state-owned firms in developing world is high.However the developed economies particularly in Europe also have a high number of state-owned TNCs. For example, …

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Beaten Down Brazil Offers Investment Opportunities

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The Bovespa Index is down over 20% YTD. Compared to Chile and Mexico, Brazil’s performance has been worse so far this year. However Brazil continues to be the most attractive investment destination in Latin America for foreign investors. For example, Brazil ranked 5th in Foreign Direct Investment (FDI) with about $48 billion flowing into the …

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Revenue and Expenditure of the U.S. Government 2011

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Here is a simple chart depicting the Federal Budget for 2011: Source: Der Spiegel Income Tax and social security contributions constitute over 50% and 37% of total revenue respectively. With high unemployment ans stagnant wages, this is bound to be under pressure for the foresseable future. With healthcare costs and other expenditures rising, the current …

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Unlike Other Developed Countries, Denmark Refuses to Rescue Banks

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Since the start of the global financial crisis of 2008, most of the developed countries have bailed out distressed banks with taxpayer funds. The U.S. government allows the failure of small and tiny banks but bails out large and TBTF banks by pouring billions in bailout funds with programs such as the now-forgotten TARP program. …

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Knowledge is Power: Gold Standard, Taxes, Eurozone Edition

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Is it time to restore the gold standard? Return of the Gold Standard as world order unravels Why the US Should Raise Taxes Most Americans don’t have $1,000 saved for emergency The bonds that turned to dust Can the eurozone be saved? The end of buy-and-hold investing? Is There A Safe Savings Rate? Click to …

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