As a resource-rich country, the Canada is heavily dependent exports.Canada exports majority of its natural resources and finished products to USA, its major trading partner.In order to analyze the latest export figures, I reviewed the “Export Instant Insight” report published by Export Development Canada (EDC). The following are some of the key points in the …
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We all have heard that the rich get richer in the US and other parts of the world. But is it really true?. How high has the income inequality between the rich and poor grown in the US?. According to a research paper titled “Striking it Richer: The Evolution of Top Incomes in the United …
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 1.Banks are indispensable for a working economy; badly-run banks ignoring sound banking principles are not. What is needed in a depression is not more central bank money for distressed banks but government deficit money to sustain full employment with living wages. – Henry C K Liu The burden of elitism 2.HONG KONG – Although Mao …
1.Charles Dumas says things in the United States are moving roughly in the right direction; pity about China. Economist disappointed to find he’s not that gloomy 2.The Soviets dubbed her the “Iron Lady,” US President Ronald Reagan called her “England’s best man” — 30 years ago Margaret Thatcher was elected prime minister of Britain. It …
Continue reading ‘Knowledge is Power: Thatcher – Founder of Modern Britain Edition’ »
According to an article in one of the India’s business newspapers, Indian bank stocks are being bought heavily the government-owned insurance company, Life Insurance Corporation of India (LIC). This bodes well for Indian bank ADRs such as ICICI Bank’s IBN and HDFC Bank’s HDB. The main stock market index of India, Sensex returned an incredible …