All Entries Tagged With: "world"
Picks for 3 International Markets to Watch: Brazil, India & China
Brazil: Petrobras ( PBR ); Vale ( VALE ). India: Tata Motors ( TTM ); HDFC Bank ( HDB ); Wipro ( WIT ). China: PetroChina ( PTR ); Tencent ( 0700.HK ) . Investors looking for international or emerging markets tend to stick to international funds or ADRs from the so-called “BRIC’ nations of Brazil, Russia, India and China. But not all BRICs are created equal. China and Russia have impressive growth rates. But you have to be more selective in these markets. China is probably too reliant on stimulus money to boost its economy and there’s evidence of a growing Chinese bubble. Russia requires you to put your faith in a corrupt oligarchy. Sooner or later, China and Russia are more likely to suffer from these excesses than their BRIC colleagues, Brazil and India
The Need for A Radical New Approach in Africa
For my final paper in my persuasive writing class I had to take a global issue and appeal to charities on why they should take action, below is my proposal: Over the past sixty years, more than $1 trillion in development aid has been transferred from rich countries to Africa. Has all this assistance improved the lives of Africans? No. If fact, across the continent, the recipients of this aid are not better off as a result of it, but worse – much worse. One of the greatest myths of our time is that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase economic growth. While some progress has been made – primarily in healthcare and agriculture – extreme poverty remains ubiquitous throughout Africa. Poverty levels continue to escalate and growth rates have steadily declined – and millions continue to suffer
What happens in Vegas now happens in Macau
How to take advantage of Macau’s emergence as world’s No. 1 gambling market Macau overtook Las Vegas as the world’s No. 1 gambling market over three years ago. Once a seedy sideshow to nearby Hong Kong, Macau now draws millions of Mainland China visitors, who can’t legally bet at home. There are 3 billion people in a travel radius around Macau! After Macau gambling monopoly ended in 2002 after the China regained control in 1999, the former Portuguese colony quickly passed Las Vegas as the world’s largest gambling market. Macau casino revenue climbed 10% in 2009 and has continued at a record pace in 2010. U.S
How Much the Top CEO’s are Getting Paid?
So today I was reading the usual various articles and came across an interesting chart from Reuters. The chart is an analysis of the world’s largest 18 banks and how much the CEO’s get paid. It’s an interesting comparison to see how much these guys are making
