Posted by Matt in March 2nd, 2010 |
no comment
Published in
Europe,
Financial,
Billionaire,
Businessweek,
Cnn,
Currency,
Euro,
Fareed Zacharia,
George Soros,
Gps Program,
Investor,
Treasury
The euro is being “severely tested” and “may not survive” the Greek deficit crisis, billionaire investor George Soros said.
The European currency’s construction is “flawed” because there is “a common central bank, but you don’t have a common treasury,” Soros said on CNN’s “Fareed Zacharia GPS” program.
Euro ‘May Not Survive’ Deficit Crisis, Soros Says (Update1) – [...]
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Posted by Matt in January 30th, 2010 |
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Published in
Trade,
China Online,
China Times,
Countries,
Currencies,
Currency,
Gauntlet,
George Soros,
Investor,
Promise,
Sarkozy,
Trade Surpluses
Yet it was Mr Sarkozy’s new promise to press countries with huge trade surpluses — such as China — to revalue their undervalued currencies that captured attention. It echoed similar comments by George Soros, the veteran investor, earlier in the day that China must let its currency appreciate.
“We cannot preach free trade and at the [...]
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Posted by Matt in January 13th, 2010 |
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Published in
China,
Africa,
Astonishing Level,
Borders,
Business World,
Businessworld,
China,
Chinese Government,
Competitor,
Economic Power,
Financier,
Footprint,
Global Economy,
Globe,
Investor,
Latin-America,
Military Relationships,
Research And Development,
Thirty Years,
Trillion
Thirty years ago, China had a tiny footprint on the global economy and little influence outside its borders, save for a few countries with which it had close political and military relationships.
Today, the country is a remarkable economic power: the world’s manufacturing workshop, its foremost financier, a leading investor across the globe from Africa to [...]
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Posted by Matt in November 28th, 2009 |
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Published in
Africa,
Acreage,
Agribusinesses,
Agriculture,
Arab Oil,
Businessweek,
Crops,
Developing Countries,
Farmland,
Fascination,
Fear,
Goldman Sachs,
Homelands,
Investor,
Land Rush,
Latin-America,
Morgan Stanley,
Oil Countries,
Sachs Gs,
Tracts,
Water Land
Farmland in developing countries has become an unlikely object of investor fascination. Goldman Sachs (GS), and Morgan Stanley (MS) are each raising hundreds of millions of dollars for agriculture funds aimed at Africa and Latin America. Agribusinesses in the U.S. are leasing vast tracts of African land from which they expect to export crops and [...]
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Posted by Matt in November 23rd, 2009 |
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Published in
Off-Topic,
Adolf Hitler,
Car Expert,
Cars For Sale,
Cars Sale,
Chequered History,
Classic Car,
Curse,
Investor,
Limousine For Sale,
Mercedes Limousine,
Monster,
NAZI,
News International,
Online News,
Shell,
Spiegel,
Spiegel Online
A Russian investor is about to pay millions for a Mercedes limousine believed to have ferried Adolf Hitler. The classic car expert who tracked it down, Michael Fröhlich, has told SPIEGEL ONLINE about its chequered history — and says a pharoah-like curse may be attached to the five-ton monster.
Nazi Cars for Sale: Russian Investor to [...]
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Posted by Matt in November 9th, 2009 |
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Published in
Economy,
Financial,
1960s,
Apex,
Billionaire,
Blowup,
Boom And Bust,
Businessweek,
Bust Cycle,
Casualty,
Commercial Real Estate,
CommercialRealEstate,
Downturn,
Elkin,
Fraud,
Gold,
Goldman,
Housing Market,
Investor,
Property Price Index,
RealEstate,
Stratospheric Prices,
Trillion,
Unrealistic Assumptions,
Wilbur Ross
Unrealistic assumptions, layers of investors, sky-high prices, and possible fraud will make it hard to clean up the mess in commercial real estate
It would be easy to write off this blowup as just another casualty in the regular boom-and-bust cycle of the $6.4 trillion commercial real estate market. But the Goldman deal, with its unrealistic [...]
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Posted by Matt in August 23rd, 2009 |
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Published in
Economy,
Business Credit,
Collision Course,
Commercial Real Estate,
Credit Crisis,
Economy,
Editorials,
Insolvency,
Investor,
New Housing Starts,
Oncoming Locomotive,
Political Cartoons,
Polls,
Second Wave,
Stock Market,
Uptick
The recent uptick in home sales, green shoots of new housing starts and rebounding stock market may suggest that the long-awaited turn in the U.S. economy is here.
But is this daylight at the end of the tunnel or the beam of an oncoming locomotive of commercial real estate insolvency coming down the tracks on a [...]
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Posted by Matt in March 3rd, 2009 |
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Published in
Financial,
Berkshire Hathaway,
Crap,
Decline,
Financial Crisis,
Global Financial Crisis,
Helm,
Highlights And Lowlights,
Investor,
Isms,
Letter To Shareholders,
Money Shots,
Oracle,
Page Document,
Second Time,
Trademark,
Warren Buffett
Another year, another annual letter to shareholders from renowned investor Warren Buffett.
Ah, but 2008 wasn’t just another year. For only the second time in his 44 years at the helm of Berkshire Hathaway, Buffett reported a decline in the overall value of his company. Which perhaps explains why this year’s letter was a bit light [...]
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Posted by Matt in September 19th, 2008 |
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Published in
Russia,
Collapse,
Doing Business,
Earnings,
Investments,
Investor,
Investors,
Mr Putin,
News Corp,
Rupert Murdoch,
Russia Economy,
Russia S Economy,
Russian Economy,
Russian State,
Wsj
The market’s collapse, down 57% since May, is linked to the dysfunctional nature of the Russian state and economy. Nearly every aspect of commerce in Russia is deeply entangled with state power, if not with Mr. Putin personally. This, for obvious reasons, does not comfort most investors.
One famous investor in particular was worried about the [...]
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