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Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

MishTalk

Argentina Institutes 50% Tax on Internet Purchases; Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup Yesterday, Argentina devalued the Peso hoping to halt further declines in its currency reserves. Markets had seen this coming as charts of the Peso vs. the US dollar show. The 5-year decline is over 50%.

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Can we rely on LIBOR? - Tom Spencer consulting blog

Tom Spencer

Bremmer highlights the importance of LIBOR by explaining that it is “a key benchmark rate that affects the price of $350 trillion worth of securities and loans around the world.” ” Indeed, the British Banker’s Association notes that LIBOR “is the primary benchmark for short term interest rates globally.

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Is the Stock Market in Big Trouble?

The Fearless Marketer

Do you remember the stock market crash of 2008? On Monday, September 29, 2008. On Monday, September 15, 2008, Lehman Brothers declared bankruptcy. On Monday, September 15, 2008, Lehman Brothers declared bankruptcy. So, that week, I took 100% of my money out of the stock market and put it in cash.

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Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?

MishTalk

There was a sharp sell-off in the benchmark Merval stock index after Mr Fábrega’s departure was announced. Argentine Peso vs. US Dollar 64% "Official" Decline Since July 2008 On July 31, 2008, the peso had been relatively stable an traded at 3.03 The local Rofex futures market quotes the peso at 9.1650 to the dollar in December.

Banking 68
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Strategy and general business consulting firms in Australia

Tom Spencer

LEK’s portfolio of services draws on its core capabilities of research, benchmarking, modelling, analysis and strategy development to help companies determine the best way forward. July 31, 2008 at 7:06 am. October 17, 2008 at 3:40 am. I came online looking for coys for benchmarking,what i got is pleasant and very useful.

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Consultant Ninja: Another Casualty of the Financial Crises.

Consultant Ninja

Imagine if social security funds were invested in the market. Well make sure there are good options to protect your investments from sudden market swings on the eve of your retirement." I think a more interesting graph would show each fund against a respective benchmark (e.g., Choose your poison. Posted by Consultant Ninja.

Financial 100
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Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

MishTalk

Even though Singapore is no longer an emerging market nation, I consider its bubble economy to be part of the overall emerging markets bubble that I have been warning about due to its strategic role and locationin Southeast Asia, which is also known as ASEAN (Association ofSoutheast Asian Nations). Hype or Reality?