A recent article in The Banker magazine praises Columbia and Peru for their economic growth. In the article On the Brink, author Jason Mitchell writes: “While the Western world has been struggling through the global financial crisis, Latin America has shown a remarkable resilience to the upheaval. Two countries in particular – Colombia and Peru …
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The following graphic from the Wall Street Journal shows the biggest banks of the world based on total assets as of the most recent quarter: As the banking sector continues to get reshaped after the credit crisis new players are appearing at the top ranks. The French banking giant BNP Paribas (OTC: BNPQY) is the …
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The September edition of the Reserve Bank of Australia’s “Reserve Bank Bulletin” has an excellent article titled “Patterns and Trends in Global Saving and Investment Ratios”. The article compares saving and investment ratios of different countries and regions and their impact on the current deficits. In this post, let me present some of the key …
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One of the fastest growing sectors in emerging countries is the mining sector. Many of the emerging countries are heavily commodity-based economies. Russia is dependent on crude oil, Chile is dependent on copper, Brazil for a wide variety of natural resources, South Africa for gold and other precious metals, etc. As a result, when the …
Recently Madrid-based influential real estate market analysts R.R. de Acuña & Asociados released the annual report on the property market in Spain. Releasing the report, Fernando RodrÃguez y RodrÃguez de Acuña, president of the company said “There are no green shoots around here†describing the state of the Spanish property market. This is not surprising …
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