Daily Archives | February 22, 2012
Art Investment in 2012
February 22nd, 2012
READ MOREA note published by Bloomberg News reports that The Scream, one of the major works by Norwegian painter Edvard Munch, may sell for at least US $80 million at a Sotheby’s auction in New York next May. This 1895 pastel …
Explosive Growth of Micro-Credit in China
February 22nd, 2012
READ MOREA note published by Xinhua, the Chinese press agency, reports that in 2011 China’s micro-credit sector witnessed “an explosive growth”. In a statement published in its website the People’s Bank of China asserted that the number of micro-credit companies rose …
A Second Bailout for Greece
February 22nd, 2012
READ MOREOn Tuesday morning the finance ministers of the euro zone signed a deal for a second bailout for Greece including US $ 173 billion in new financing. The new deal provides short-term relief but the situation is still complicated considering …
Wal-Mart Profits Rise 5.4%
February 22nd, 2012
READ MOREWal-Mart is the world’s biggest retailer. It runs chains of large department stores and warehouse stores. According to the Forbes Global 2000 list it is the world’s 18th largest public corporation and the biggest private employer in the world with …
Rousseff Promises Stimuli to Promote Exports
February 22nd, 2012
READ MOREThe Brazilian president Dilma Rousseff has said that her government will implement fiscal and credit access measures to stimulate exports and production with the purpose of gaining competitiveness in the context of global crisis. In an official release the Brazilian …