World Economy and Markets

June 6, 2010

G20 Exposes Rift as Every Country wants to Export their way out of Trouble

The G20 Meeting between the Financial Heads of the the G-20 Countries exposed the rift between the world’s 20 most important economies.The issue of fiscal deficits,exports […]
June 4, 2010

Hungary takes the role of Forger of Accounts from Greece

Eastern Europe moves to the spotlight Seems these days Friday equals to Red for the “Risky Assets”.Eastern Europe had moved to the periphery of world’s attention […]
June 4, 2010

Will the IMF run out of Bailout Money during the Sovereign Debt Crisis

Can IMF Bailout a Country the size of Italy The International Monetary Fund (IMF)  is funded through contributions from its member nations, acts as the “lender […]
June 4, 2010

German Solar Feed in Tariff Story gets another Twist as Upper House refuses to pass the Law

The German Solar Feed in Tariff cut scheduled for July 2010 has got another twist with the Upper House of German Parliament Bundesrat not passing the […]
June 2, 2010

Huawei and ZTE ban to be overturned as India gives in to lobbying efforts

India has agreed to allow telecom equipment manufacturing equipment from ZTE and Huawei after banning them due to security concerns. Hectic lobbying efforts by Huawei/ZTE,Chinese trade […]
June 2, 2010

Spanish Cajas in trouble as S&P and Fitch cut debt ratings;Caja Madrid reported in need of 3 Billion Euro Bailout

Spanish Cajas have been in the news recently acting as the equivalent of the “subprime sector” during the US financial crisis.CajaSur was seized by the Spanish […]
June 2, 2010

China promotes its CleanTech Industry through Electric Vehicle subsidies

China is already the world’s largest producer of Solar Energy Equipment with almost 50% of global marketshare and is looking to dominate the Wind Energy Industry […]
June 1, 2010

BP incompetence and deception leads to a $60 billion marketcap loss after Oil Spill

British Petroleum shares have crashed by almost 33% since the news of the Gulf Oil Spill broke out.Despite BP being a stable mega cap Energy company […]
June 1, 2010

Seven Reasons that China's Economy might be slowing down

China has been called the “savior” of the world’s economy as its massive $586 billion  Government Stimulus and Easy Money policies sustained over 10% GDP growth […]
May 30, 2010

Asian White collar workers face Unemployment and Low Wages due to Increasing College Education

The spectacular growth in Asian economies like China,South Korea,HK,Taiwan over the last two decades has raised millions from poverty to a middle class life.This has led […]
May 30, 2010

Bangladesh follows Pakistan in Banning Facebook

Pakistan has been in the news for banning Facebook,Youtube and Twitter as pages from Facebook reportedly offended the sensibilities of the Islamic religion.Instead of just banning […]
May 29, 2010

PIGS face a Catch-22 situation – Spain gets its AAA Sovereign Rating cut by Fitch

The Greek Contagion throws up bad news everyday.Not a day passes by it seems when the Markets and the Euro are rocked from the PIIGS.The Spanish […]
May 27, 2010

New Secular Bull Market or a Cyclical Bull within a Secular Bear

The recent sharp correction in the S&P and other US indices has been the biggest since the March 2009 Rally.The US and other Global Stock Markets […]
May 27, 2010

Standard Chartered IDR In Depth Review reveals Retail Investor Disadvantages

I had earlier written about Seven Reasons for Not Subscribing to the Standard Chartered IDR based on a high level analysis.Going through the massive 811 page […]
May 26, 2010

Merging Spanish Cajas brings no relief to beleaguered Banking sector as 2nd largest Spanish bank BBVA unable to get funding

Europe has been recently been rocked by problems in Spain’s Banking sector as Spain’s central bank was forced to seize a Priest led  Bank “CajaSur” which […]
May 26, 2010

India could join the elite ICBM (Intercontinetal Missile) club next year

India could join the elite ICBM club of 5 countries next year with the launch of Agni – V  whose design work has been completed and […]
May 25, 2010

Greek Contagion – Swiss Franc appreciating despite "currency manipulation" by Swiss Central Bank

The Greek Contagion has led to indirect negative effects in unlikely places all over the world with the Swiss Central Bank being one of the casualties.The […]
May 25, 2010

Greek Contagion – Euro pressured by Spanish Cajas as Asia slides due to Korean war mongering

The Greek Contagion continues to negatively affect the world markets and the Euro.Despite a short covering rally in the Euro last week,it has not managed to […]
May 24, 2010

20% of All Hedge Funds went out of Business in the last Two Years

Hedge Funds are generally regarded with a lot of suspicion and frequently accused by politicians of unnecessary speculation and irresponsible behaviour.But unlike politicians of many countries […]
May 23, 2010

China to keep yuan stable – Chinese Commerce Minister

The sharp appreciation of the yuan against the Euro and the other currencies would make China think of depreciating the yuan against the dollar rather than […]
May 22, 2010

Pakistan goes on a Internet Witch Hunt;Bans Facebook,Twitter,Youtube and now Blackberry

Pakistan started by banning Facebook as one of the pages had a cartoon drawing competition of one of Islam’s revered figures. A group of lawyers petitioned […]
May 20, 2010

A Chronology of the Greek Contagion as Risky assets take another Big Fall

A Chronology of the Greek Contagion 1) Markets get spooked by the Greek crisis ; IMF/EU  Bailout  deemed insufficient 2) European markets and risky assets take […]
May 20, 2010

Another Japanese Zaibatsu NEC Plans a Major Foray in the Green Industry

Conglomerates across the world have started signaling their attention to become big players in the Green Industry which is predicted to be one of the biggest […]
May 19, 2010

Merkel almost declares defeat in "War" with Euro Speculators after EU Bazooka Fizzles out

Merkel and Sarkozy Declared War on Euro Speculators 2 weeks ago when they unleashed a massive $1 trillion bailout for the debt ridden “Club Med’ countries […]
May 19, 2010

Why is Europe always at the Forefront of Technology Price Fixing and Antitrust actions

For some time I have noticed that European Union has been coming down very strong on anti trust actions and price fixing against technology companies . […]
May 19, 2010

Twin Shocks Hit Markets as Germany Bans Naked Short Selling and US Senate puts Curbs on Credit Cards

Markets have become a very risky place both on the long and short side with governments coming up with new “bailouts” and “regulations” almost each day […]
May 17, 2010

Will China "Devalue" Yuan against the Dollar?

The Euro’s rapid 15% decline against the Euro has had an important side effect against the Yuan which is pegged to the dollar.While currencies around the […]
May 17, 2010

Technology Wars – Samsung Plans to Decimate Semi Competition with Huge Capital Spending

Technology has consolidated around 5-10 big players around the world who are gobbling up smaller companies and using their huge cash hoards to outspend the competition.Nothing […]
May 14, 2010

Greek Contagion Friday Deja Vu : European Markets closes down 3-5%,Euro goes below 1.24,VIX up 15%

The Greek Contagion is back with full force with its attendant symptoms.Only last week these symptoms had shocked us with its ferocity.Last week I wrote in […]
May 14, 2010

Greek Contagion – Euro hits new low despite EU Bazooka as Political and Social Fissures Increase

The European Bazooka which led to a massive short covering rally on Monday has been proven a complete waste in just 5 days. Reports of political […]