Description: As Ireland copes with the aftermath of a large property bust, it faces a new wave of emigration but also innovation, as a group of architects band together to create a micro economy. WSJ’s Andy Jordan reports from Dublin. Source: Marketwatch.com – video report   Date: 10/12/2010 Link: http://www.marketwatch.com/video/asset/cutting-back-ireland-deals-with-property-bust/01A39122-5330-4101-8DA1-739C2E5EF877 Questions for discussion: Summarize the… Read more »
Posts Tagged: Currencies
Coal India Plans Nation’s Largest IPO as Asia Offerings Surge
Description: Coal India Ltd. will sell as much as 151.54 billion rupees ($3.4 billion) of shares in the nation’s biggest initial public offering, helping the government raise funds to build roads and power plants as IPOs in Asia surge. Source: Bloomberg.com Date: 10/13/2010 Link: http://www.bloomberg.com/news/2010-10-12/coal-india-to-sell-stock-at-225-rupees-to-245-rupees-in-initial-share-sale.html Questions for discussion: Summarize the activities reported and their significance… Read more »
Markets Hub: Maybe It Is a Currency War
Description: It’s not just the Bank of Japan; central banks from Brazil to South Korea are trying to tamp down their currencies, which is driving up commodities like gold and crude, as well as stocks. Anna Raff, Mike Reid and Paul Vigna discuss. Source: Marketwatch.com – video report   Date: 10/04/2010 Link: http://www.marketwatch.com/video/asset/markets-hub-maybe-it-is-a-currency-war/08AD6BBE-77FC-43FD-BB72-018865ECDDDE Questions for… Read more »
I.M.F. Doesn’t Press China on Currency
Description: The world’s financial leaders failed on Saturday to reach agreement on how to contain an escalating currency dispute that has threatened to undermine global cooperation on economic recovery. Source: NYTimes.com  Date: 10/09/2010 Link: http://www.nytimes.com/2010/10/10/business/global/10imf.html?_r=1&ref=business Questions for discussion: Summarize the situation and the concerns over currencies. What role should be played by the IMF… Read more »
China Will Buy Greek Bonds, Support Shipping Industry, Wen Says in Athens
Description: “From the outbreak of the sovereign debt crisis in certain European countries at the start of this year I have repeatedly voiced China’s support of measures adopted by the European Union and International Monetary Fund,†said Wen, who began a tour of European capitals in Greece yesterday. “China supports a steady euro and it… Read more »
Obama Stimulus Made Economic Crisis Worse, `Black Swan’ Author Taleb Says
Description: U.S. President Barack Obama and his administration weakened the country’s economy by seeking to foster growth instead of paying down the federal debt, said Nassim Nicholas Taleb, author of “The Black Swan.†Source: Bloomberg.com  Date: 09/25/2010 Link: http://www.bloomberg.com/news/2010-09-25/-black-swan-author-taleb-says-obama-s-stimulus-made-economic-crisis-worse.html Questions for discussion: What is the basis of Taleb’s criticism of government handling of the… Read more »
Bernanke Shadow of Easing Limits BOJ Success With Yen Weakness
Description: Bank of Japan Governor Masaaki Shirakawa’s success in weakening the yen may hinge on Ben S. Bernanke. Japan said two days ago it sold yen for the first time since 2004 because the currency’s surge to a 15-year high versus the dollar imperiled the nation’s export-led recovery. Meantime, pressure is growing on U.S. Federal… Read more »
Japan Has More Than Just a Yen Crisis
Description: The currency crisis is merely one symptom of the country’s general aversion to change after the boom-and-bust 1980s. Source: Businessweek.com Date: 09/02/2010 Link: http://www.businessweek.com/magazine/content/10_37/b4194007896491.htm Questions for discussion: Summarize the analysis of Japans economic situation. What are the historical reasons that explain how this present condition came about. Do you agree with the analysis presented and… Read more »
Uncertainty Restores Glitter to an Old Refuge, Gold
Description: It is the resurgent passion of the doomsday crowd, a bet that everything will go wrong. No matter what has you worried, they say, the answer is gold. Source: NYTimes.com Date: 06/12/2010 Link: http://www.nytimes.com/2010/06/13/business/13gold.html?ref=business Questions for discussion: Summarize the arguments presented in the article about gold as an investment at this time. What strategy… Read more »
Is Gold the Next Bubble?
Description:Â With gold having run up to record prices of late, some have wondered whether the yellow metal is likely to be the next bubble? Brett Arends discusses. And Peter Lattman profiles C. Dean Metropoulos, an low-profile investor with a knack for rebuilding old brands like Chef Boyardee, Bumble Bee and Schlitz. His most recent… Read more »
