One of the factor that influences the performance of an economy is the external debt owed – which is the amount owed by locals to non-residents (or foreigners). According to Finance & Development of IMF’s Statistics Department, in Latin America external debt as a percentage of GDP has fallen significantly over the past five years. …
Continue reading ‘With Low Debt, Latin America Should Do Better This Year’ »
1.April 8 (Bloomberg) — Since the Jwaneng diamond mine in Botswana closed in February, Emmanuel Garetshele has done little except cash his mine-operator paycheck and watch his country go from being the success story of Africa to an economic laggard. Botswana Diamond Mines Sit Idle as Africa’s Star Economy Loses Its Luster 2.SUFFOCATED BY DEBT …
Continue reading ‘Knowledge is Power: Extended Downturn Edition’ »
The ten most traded foreign ADR stocks by daily volume are: Companhia Vale do Rio Doce-CVRD – RIO Taiwan Semiconductor Manufacturing – TSM Nokia – NOK Petroleo Brasileiro – PBR Itau Unibanco – ITU Banco Bradesco – BBD Alcatel-Lucent – ALU Siliconware Precision Industries – SPIL BP – BP America Movil – AMX Four of …
Many stocks in the oil&gas and utility sectors have attractive dividend yields at current prices. Six of them are listed below with their current yields. Though they may fall further due to volatile market conditions, they are definitely worth looking into for potential long-term investment opportunities. 1.Company:ENI SPA (E) Country: Italy Dividend Yield: Oil & …
The S&P 500 is down 7.50% as of market close today (April 6,2009). The worst performing sectors is the financials at 24.7% and the best performing sector is IT with a return of 9.98%. Traditional defensive sectors such as utilities and consumer staples are down 11.11% and 8.25% respectively year-to-date. The current bear market is …