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Africa a new Emerging market
Africa has 54 countries listed in it and is the stands second in area population among the continents. Its GDP in 2008 was $1.6 trillion equal to that of Russia or Brazil, Consumer spending stands at $860 billion, world’s 60% of arable land lies with Africa, 52 cities of Africa have population greater than 1 million, 20 companies have revenue […]
Currency wars ?
As per a recent article in the leading news paper, “Global imbalance” is the cause for economic crisis. The US is running huge trade deficits whereas country such as China due to its vast exports across the globe had generated trade surplus. The surplus money had found its way into US and since the interest rate was low, it inflated the real estate prices, […]