Market Date: 24-05-2013
MoneyIssues
U.S. Banks Lack Liquidity to Withstand Crisis, Study Says
U.S. banks representing more than half the industrys assets need an additional $840 billion in cash on hand to cover short-term obligations if Financial Markets seize up again, according to a study.Stock Market Punishes Gun Makers After Newtown School Massacre
The stock market seems to have made up its mind about the future of U.S. gun control laws. There are only two publicly traded gun makers, the stock prices of which have both tumbled since Friday, when 26 people were shot to death in Newtown, Conn., inc
Monopoly in Lagos
This week saw the launch of a Monopoly board based on Lagos, the first time the game has been customised for a city in Africa. The metropolis is one of the fastest growing cities in the world and littered with landmarks, a game-maker’s dream.
The 20 New Rules of Money
These days buying a stock or fund and expecting to hold it forever can be hazardous to your wealth. A buy-and-hold strategy works well when markets generally go up for long periods of time.
Nigeria's entrepreneurs - Angels in Lagos
ON A Monday evening in Lagos, Nigeria’s commercial capital, a group of investors, bloggers, tech people, bankers, and government officials gathered at the Wheatbaker Hotel for the launch of the “Lagos Angel Network”. Tomi Davies, an IT consultant and one
The Myth of Affordable Energy - Interview with Ed Dolan
Ed writes the popular economics blog Ed Dolan's Econ Blog and has just recently released a book:TANSTAAFL (There Ain't No Such Thing As A Free Lunch) - A Libertarian Perspective on Environmental Policy, which you can find out more
Global economy: Who can drive the recovery?
The World Bank expects a soft recovery, with global growth of 2.5%. But within that there appears to be a clear divide between developing economies, which are forecast to grow by 5.3%, and advanced economies by just 1.4%.
Why the Next Financial Crisis Will Be Nastier
Of all characteristics that made the 2007-2008 financial crisis unique, one stands out: The simultaneous decline of almost every asset category. US stocks dropped 37 percent, German stocks 42 percent, and Chinese stocks 62 percent; commodities dropped 37
Insanity at the Fed! Bernanke to Print $480 Billion – Implications
In reporting on the FOMC meetings, "Helicopter Ben" announced that the Fed is going to do the same old thing and expect better results: It's going to hold interest rates near zero as far as the eye can see ... And it's going to print $40 billion new dolla
A 'Quarterback' to Oversee Investments
The more money high-net-worth investors have, the more advisers they tend to accumulate: attorneys, accountants, financial planners, money managers, insurance agents, personal bankers. Corralling all of them can feel like a full-time job.
When Cash Is King: 5 Situations in Which You Should Pay with Hard Currency
We are all familiar with the convenience of credit and debit cards, and there’s no denying that they’re the preferred method of payment for many transactions. But sometimes good old hard currency is preferable. (Although maybe not pennies.) Here are four
Reasons for optimism in today's world
The best commencement speech I ever read was by the humorist Art Buchwald. He was brief, saying simply, Remember, we are leaving you a perfect world. Don't screw it up.
Making Sense of A New Currency
This paper reports data that forms part of a program of research exploring the experiences of Ghanaian consumers after the re-denomination of Ghana's currency in July 2007. Justified and publicized as being good for the country, the redenomination had sig
Major US law firm files for bankruptcy protection
Dewey & LeBoeuf is set to become the biggest law firm to collapse in the US.
Why Investors should be looking to Platinum in 2012
Why Investors should be looking to Platinum in 2012
The Keys To The Restoration Of Financial Order In Europe
The Keys To The Restoration Of Financial Order In Europe
The need to strengthen CBN’s ongoing reforms: The discretionary oversight style
The need to strengthen CBN’s ongoing reforms: The discretionary oversight style
Experts predict positive shareholders’ vote at EGMs
Experts predict positive shareholders’ vote at EGMs
Banks’ merger: Prospects for shareholders, economy
Banks’ merger: Prospects for shareholders, economy
Rescued Banks Likely to Beat Recapitalisation Deadline – Analysts
Rescued Banks Likely to Beat Recapitalisation Deadline – Analysts
How mergers and acquisitions will redefine banking sector
How mergers and acquisitions will redefine banking sector
5 Ways to Detect a Market Rebound
The dreaded v-word volatility has returned with a vengeance. How will you know when it is safe to tiptoe back into the markets? While advisers caution against depending on any one measure or using them to time the market many have a favorite statistic
Sanusi Fights Nigerian Elites as His Currency Policy Draws IMF Irritation
Sanusi Fights Nigerian Elites as His Currency Policy Draws IMF Irritation
Maritime sector needs over $500m bailout fund to revive shipping
Maritime sector needs over $500m bailout fund to revive shipping
Nigerian Banks' 2010 results: An asset quality appraisal... Fair or Foul?
Nigerian Banks' 2010 results: An asset quality appraisal... Fair or Foul?
Markets Misjudge Japan Risk
Japan isn't an engine of global economic growth. So barring a nuclear catastrophe, the disaster's ramifications are likely less than stock markets fear.
