The U.S. economy has climbed out of an early year rut, and is now growing
Archives for July 2007
July 2007 - Page 2 of 6 - Money Morning - Only the News You Can Profit From
Election Victory is Good for Turkey's Economy, Not so Good for U.S. Investors With Domestic-Only Focus
Turkey Prime Minister Recep Tayyip Erdogan retained his post with a landslide victory in the country's Sunday election that saw an 80% voter turnout
Apple, Countrywide, and DuPont Among Leaders in Stock Drop-Off
Stocks slid Tuesday amid a bevy of disappointing earnings reports and ongoing fear stemming from the housing slump. Some of the companies taking the brunt of the force included Apple Inc. (NYSE: AAPL), chemical giant DuPont Co. (NYSE: DPT) and Countrywide Financial Corp. (NYSE: CFC), the largest mortgage lender in the country. Homebuilders in the S&P 500 also hit a predictable skid retreating to lows that haven't been seen since October 2003.
Will One or Two Degrees Make A Difference In Emerging Markets?
In the West, combating global warming is a cause both popular and fashionable, spelling political death to those who oppose it. In emerging markets, attitudes are generally very different, and there's money to be made knowing why.
How Low Can the Dollar Go?
At midday Monday in New York, the euro stood at a record $1.3844 against the dollar, while the pound had risen to $2.0625, a level not seen since 1980. And it was only briefly seen at that.
Why Libya and Algeria Could Be Europe's Solution For Oil
Europe cant rely on Russian gas sources anymore and must look to other countries like Libya and Algeria
China's Not The Only Red-Hot Economy In the East: Why Vietnam Is Asia's Hidden Dragon
In the past decade, the economy of Vietnam has made fantastic strides
Iran-Venezuela Partnership Presents New Challenges in the Global Oil Sector
Just weeks after two U.S. oil giants were forced out of Venezuela, Venezuelan President Hugo Chavez and Mahmoud Ahmadinejad, President of Iran, are forging multi-billion oil deals that will further cement relations between the two anti-American nations.&
Is China's Economy A Runaway Train?
Share prices on the Shanghai Stock Exchange closed at record highs last week. The Hang Seng Index closed up 275.7 points, or 1.2% after reaching an all time high of 23,301.93. As a result Morgan Stanley has upgraded its forecast for China's economic growth this year from 10.5% to 11.3%.
Tourism to U.S. Climbs as Canadian Dollar Hits 30-year High
Last week, the Canadian dollar hit a 30-year high, trading for 96 cents on the U.S. dollar. And some are going as far to predict the loonie will eclipse the greenback by the end of the year.