Friday, April 4, 2008

Cool video showing how African life expectancy evolved.

http://www.uuorld.com/demos?video=4

It's so amazing how many years AIDS took away from Africa's life expectancy

Wednesday, April 2, 2008

Capital Infusion

http://seekingalpha.com/article/70976-financials-the-capital-infusion-league-table?source=yahoo


Firm Total Infusion ($bn) Breakdown ($bn) Investor
Citigroup 30.4 6.9 Government of Singapore Investment Corp.


5.6 Kuwait Investment Authority, Alwaleed bin Talal, Capital
Research, Capital World, Sandy Weill, public investors


7.5 Abu Dhabi Investment Authority


10.4 Public investors
UBS 27.7 10.9 Government of Singapore Investment Corp.


2 Unidentified Middle Eastern Investor


14.8 Public investors
IKB Deutsche 13.2
German government, Banking associations
Bank of America 13
Public investors
Merrill Lynch 12.2 6.6 Korea Investment Corp., Kuwait Investment Authority, Mizuho Financial Group


4.4 Temasek Holdings


1.2 Davis Selected Advisors
Societe Generale 8.7
Public investors
WestLB 7.8
State of North Rhine Westphalia, savings banks associations, regional governments
Morgan Stanley 5
China Investment Corp.
Barclays 5 3 China Development Bank


2 Temasek Holdings
Lehman Brothers 4
Public investors
Wachovia 3.5
U.S. investors (unidentified)
Canadian Imperial 2.9 1.5 Li Ka-Shing, Manulife Imperial Financial, Caisse de Depot et Placement du Quebec, OMERS


1.4 Public investors
Gulf Int'l 1
Governments of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE
TOTAL 135.8

Democrat better than Republican?

Periods under democratic rules consistently have higher growth?

Even Paul Krugman can't explain it, but the evidence is there.

Jeff Sache on FED

Jeff Sache is one of my heroes in the contemporary era. He has helped developing countries get out of their financial crisis (ex. Bolivia in late 80's, and Poland in mid 90's). He also wrote a book "End of Poverty" which champions solution to global problems. While Bono is the image of the millennium goal, he is typically acknowledged to be the brain behind the effort.

In the article below, he blames Fed for the current housing/financial problem. I agree a lot!

One the bright side, he notes:
"There is still a good chance, however, that the US downturn will be limited mainly to America, where the housing boom and bust is concentrated. The damage to the rest of the world economy, I believe, can remain limited. "

http://www.project-syndicate.org/commentary/sachs139

Tuesday, April 1, 2008

No limit on H1-B!

Good work Dr. Slaughter!

http://online.wsj.com/article/SB120701430488579221.html?mod=opinion_main_commentaries

Undervalued Yen, over-valued Euro, and a fair value USD?


http://www.economist.com/finance/displaystory.cfm?story_id=10924165

There's still room for Yen to rise. And dollar, even though it's fair-value, there's room for it to become undervalued.