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https://www.forbes.com/sites/kenrapoza/2011/04/04/brazils-upgrade-doesnt-surprise-market-watch-for-ewz-80-before-pullback/?partner=yahootix
Brazil's Upgrade Doesn't Surprise Market; Watch for EWZ $80 Before Pullback
Brazil's Upgrade Doesn't Surprise Market; Watch for EWZ $80 Before Pullback BM&F Bovespa exchange. One of the world's largest. Fitch upgraded Brazil's sovereign debt to BBB on... [+] April 4, 2011. Brazil's latest credit upgrade by Fitch Ratings didn't seem to come as too much of a surprise. Sure the MSCI Brazil ETF (E...
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https://www.forbes.com/sites/kenrapoza/2011/04/06/brazil-extends-tax-on-offshore-dollar-loans-dollar-weakens/?partner=yahootix
Brazil Extends Tax on Offshore Dollar Loans; Dollar Weakens
Brazil Extends Tax on Offshore Dollar Loans; Dollar Weakens Brazil's Finance Minister Guido Mantega announced after market hours Wednesday the extension of the 6% IOF financial operations tax on external credit to 720 days from 360 days. The market was expecting tougher measures, including a tax on foreign investments ...
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https://www.forbes.com/sites/kenrapoza/2011/04/13/apple-iphone-maker-foxconn-considering-brazil-move/
Apple iPhone Maker Foxconn Considering Brazil Move
Apple iPhone Maker Foxconn Considering Brazil Move Apple's chief components manufacturer might be moving to the Americas. Only it won't be the United States of America, it will be South America's economic powerhouse, Brazil. (Was anyone surprised?) Taiwan's Foxconn Technology Group, makers of the iPhone, is considering...
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https://www.forbes.com/sites/kenrapoza/2011/04/13/brics-summit-a-gathering-of-strange-but-strong-bedfellows/
BRICS Summit: A Gathering of Strange (But Strong) Bedfellows
BRICS Summit: A Gathering of Strange (But Strong) Bedfellows The BRICS - Brazil, Russia, India, China and now...South Africa. Leaders of these countries are... [+] meeting in a south China resort town to discuss world affairs and trade. Thursday's BRICS Summit will likely focus on what the big emerging markets can do a...
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https://www.forbes.com/sites/kenrapoza/2011/04/15/century-21-realtor-in-china-dies-from-overwork/
Century 21 Realtor in China Dies from "Overwork"
Century 21 Realtor in China Dies from "Overwork" Two China stereotypes collided on Saturday. A red hot real estate market, coupled with China's notorious work load, allegedly caused the death of a 28 year old Century 21 Real Estate branch manager.  The Shanghai Daily is reporting that Zhou Yu was found dead in his apar...
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https://www.forbes.com/sites/kenrapoza/2011/04/22/why-chinas-property-bubble-is-different/
Why China's Property Bubble is Different
Why China's Property Bubble is Different When it comes to real estate prices, Shanghai still isn't New York. But like NY, an elite class is... [+] driving up real estate values, both commercial and residential. Moreover, a weak local currency has rich foreigners and big business buying up property in China, thus adding...
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https://www.forbes.com/sites/kenrapoza/2011/05/26/by-2020-china-no-1-us-no-2/
By 2020, China No. 1, US No. 2
By 2020, China No. 1, US No. 2 China will surpass the US as the world's largest economy by 2020, Standard Chartered Bank said in a report released Thursday. Standard Chartered is not the only one to make the claim of China GDP growth beating the US within the next 9 years. The International Monetary Fund has made simil...
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https://www.forbes.com/sites/kenrapoza/2011/06/03/is-a-weak-dollar-good-for-russia/
Is a Weak Dollar Good for Russia?
Is a Weak Dollar Good for Russia? A dead president walks into a Moscow bar and sells fill 'er up... So the story goes. A weak dollar means strong commodities and strong commodities means high oil prices. Russia has benefited all year from oil prices over $100 a barrel and as a result, the Market Vectors Russia (RSX) ex...
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https://www.forbes.com/sites/kenrapoza/2011/06/24/worlds-rich-richer-than-ever-wealth-growth-beats-gdp-avgs/
World's Rich Richer Than Ever; Wealth Growth Beats GDP Avgs
World's Rich Richer Than Ever; Wealth Growth Beats GDP Avgs The world's millionaires saw their wealth rise by nearly 10% last year, while world GDP rose 3.9%.... [+] Emerging Asia-Pacific outpaced Europe as home to more millionaires and is now second to North America for the highest net worth population on the planet. ...
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https://www.forbes.com/sites/kenrapoza/2011/09/20/the-things-china-buys-from-the-us/
The Things China Buys From The US
The Things China Buys From The US America's Midwest and companies like Bunge and Archer Daniels Midland love China. Soybean trade goes... [+] up every year, making it the No. 1 thing that China buys from the U.S. China spends almost as much on soybeans as it does on semiconductors and airplane parts, both top export it...
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https://www.forbes.com/sites/kenrapoza/2011/10/07/russias-military-reloading/
Russia's Military Reloading
Russia's Military Reloading Russia is going to reload. It's not that Kremlin leadership is expecting to participate in a war anytime soon, but aging military infrastructure and weaponry needs to be replaced, Prime Minister Vladimir Putin told a gathering of investors at the VTB Capital "Russia Calling" conference in Mo...
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https://www.forbes.com/sites/kenrapoza/2011/10/27/following-police-violence-occupy-wall-street-tests-general-strike-idea/
Police Violence Sparks General Strike Idea Within 'Occupy Wall Street'
Police Violence Sparks General Strike Idea Within 'Occupy Wall Street' From the Adbusters blog. On Tuesday, police injured an Occupy Oakland protestor named Scott Olsen,... [+] an Iraq War veteran, which sparked the call for a general strike on Nov. 2. The Occupy Wall Street movement is going for broke following a rash...
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https://www.forbes.com/sites/kenrapoza/2011/11/01/the-sell-side-of-investment-banking-slowly-being-dismantled/
The Sell Side Of Investment Banking Slowly Being Dismantled
The Sell Side Of Investment Banking Slowly Being Dismantled A protester hurls a bottle outside Brussels-based Dexia bank. The bank will likely be nationalized... [+] and its assets divided up between three countries. Dexia's exposure to leveraged bets on southern Europe government bonds led to the crack up. The sell-si...
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https://www.forbes.com/sites/kenrapoza/2011/12/09/russia-anti-government-protests-plan-big-saturday-rally/
Russia Anti-Government Protesters Plan Big Saturday Rally
Russia Anti-Government Protesters Plan Big Saturday Rally More anti-government protests are expected in Russia this weekend, with the Communist Party and other opposition leaders promising at least 30,000 to turn out in Moscow on Saturday. P The discontent of the Russian voters with alleged foul play by authorities in ...
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https://www.forbes.com/sites/kenrapoza/2012/02/25/foxconn-shows-why-apple-devices-will-never-be-made-in-america-okay/
Foxconn Shows Why Apple Devices Will Never Be Made In America. "Okay?"
Foxconn Shows Why Apple Devices Will Never Be Made In America. "Okay?" Modern times. This is how Americans worked in the 1930s. They were the machines. It's changed here,... [+] but it has not changed in China. This week, ABC's Nightline showed viewers a rare glimpse inside Foxconn, the Chinese makers of Apple (AAPL) p...
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https://www.forbes.com/sites/kenrapoza/2012/02/27/is-brazil-destroying-the-amazon-for-energy/
Is Brazil Destroying The Amazon For Energy?
Is Brazil Destroying The Amazon For Energy? A presidential decree to redistrict the Amazon jungle's conservation areas has environmental groups... [+] and Amazon state attorneys general up in arms. For environmentalists, it's possibly a deal with the devil. For government conservation groups with boots on the ground in...
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https://www.forbes.com/sites/kenrapoza/2012/03/22/ways-to-play-chinas-long-term-currency-trend/
Ways To Play China's Long-Term Currency Trend
Ways To Play China's Long-Term Currency Trend When it comes to investing, everyone wants to follow the investor they consider as the smartest guy in the room. When that person is rich and successful, investors assume wise investment choices are what got them there. Forbes billionaire and Chinese businessman Li Ka-Shing...
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https://www.forbes.com/sites/kenrapoza/2012/04/04/in-public-display-greek-austerity-leads-to-suicide/
In Public Display, Greek Austerity Leads To Suicide
In Public Display, Greek Austerity Leads To Suicide The unfolding saga of southern Europe claimed another life on Wednesday when a retired man from Greece killed himself in Syntagma Square in Athens this morning. Dimitris Christoulas shot himself in the head and left a suicide note that said young people would one day ...
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https://www.forbes.com/sites/kenrapoza/2012/04/24/russias-millionaire-dollar-hackers/
Russia's Million Dollar Hackers
Russia's Million Dollar Hackers Few nationalities are as good at making money from hacking than the Russians. Their share of the global cyber crime market, an estimated $12.5 billion black market, doubled last year to $4.5 billion, according to Moscow-based Group-IB, a cyber security services firm working mainly with t...
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https://www.forbes.com/sites/kenrapoza/2012/05/10/the-not-so-good-good-life-of-a-russian-hacker/
The 'Not-So-Good' Good Life Of A Russian Hacker
The 'Not-So-Good' Good Life Of A Russian Hacker Judging by the pictures on his VKontake social networking page, Vladislav Khorokhorin (or Horohorin in phonetic English) has a pretty good view of the French countryside in Aix-en-Provence. It's the kind of town that -- if it were allowed -- companies would have bottled u...
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https://www.forbes.com/sites/kenrapoza/2012/06/24/putin-wrong-as-russia-submits-to-higher-deficit/
Putin Wrong As Russia Submits To Higher Deficit
Putin Wrong As Russia Submits To Higher Deficit Falling oil prices means Russia will have a fiscal account deficit this year, and one greater than president Vladimir Putin predicted earlier in the month. Putin signed amendments to the 2012 budget only a couple of weeks ago, considerably increasing the projected oil pri...
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https://www.forbes.com/sites/kenrapoza/2012/07/10/sorry-brazil-investors-prefer-mexico/
Sorry Brazil, Investors Prefer Mexico
Sorry Brazil, Investors Prefer Mexico Last year, Indonesia was the little darling of emerging market investors. This year, it's Mexico. When strategists at big Brazilian investment firms like Itau steer their wealth management clients away from their home country and up north, to Mexico, it's worth noting. Brazil is a ...
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https://www.forbes.com/sites/kenrapoza/2012/07/16/the-impossible-dream-being-rich/
Despite Crisis, Most Americans Believe They Will Be Rich One Day
Despite Crisis, Most Americans Believe They Will Be Rich One Day Back in the Greatest Generation years, the American Dream was to own a car and a house and have a life long job that would allow you to afford those material goals. Much of that remained the same in the boom years of post-War America, until the 80s came a...
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https://www.forbes.com/sites/kenrapoza/2013/01/11/barclays-urges-caution-on-china/
Barclays Urges Caution On China
Barclays Urges Caution On China China equity has been going gangbusters lately, with the iShares FTSE China (FXI) exchange traded fund up 25.3 percent in the last six months, clobbering the MSCI Emerging Markets benchmark. Investors shouldn't get too bullish. On Friday, Barclays Capital analysts in Hong Kong led by Jia...
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https://www.forbes.com/sites/kenrapoza/2013/02/22/u-k-gets-a-downgrade-is-u-s-next/
U.K. Loses AAA Credit Rating; Is U.S. Next?
U.K. Loses AAA Credit Rating; Is U.S. Next? Wipe our Debt (Photo credit: Images_of_Money) Moody's Investors Service downgraded the sovereign credit rating of the U.K. on Friday, stripping its coveted triple-A status one notch to AA1. The agency blamed U.K.'s rising debt levels, adding that there was "a deterioration in...
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https://www.forbes.com/sites/kenrapoza/2013/03/15/u-s-air-force-sides-with-brazils-embraer-in-fighter-plane-dispute/
U.S. Air Force Sides With Brazil's Embraer In Fighter Plane Dispute
U.S. Air Force Sides With Brazil's Embraer In Fighter Plane Dispute The U.S. Air Force has sided with Brazilian aircraft manufacturer Embraer (ERJ), saying Friday that the company and its lead American partner Sierra Nevada Corporation (SNC) should continue with its light air support contract after a four day suspensio...
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https://www.forbes.com/sites/kenrapoza/2013/03/25/china-10-trillion-import-machine-says-goodbye-to-cheap-energy-food/
China $10 Trillion Import Machine Says Goodbye To Cheap Energy, Food
China $10 Trillion Import Machine Says Goodbye To Cheap Energy, Food China to import roughly $10 trillion in goods and services over the next five years to satisfy... [+] consumer needs. If you think food and energy prices are ever coming down, guess again. China's newly minted Premier Li Keqiang said Monday that his c...
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https://www.forbes.com/sites/kenrapoza/2013/03/29/latest-occupy-movement-targets-goldman-sachs/
Latest 'Occupy' Movement Targets Goldman Sachs
Latest 'Occupy' Movement Targets Goldman Sachs 'Occupy' movement guns for Goldman. From the people that brought you Occupy Wall Street, comes a new chapter in American financial follies. This one targets Goldman Sachs in particular. The Vancouver-based magazine Adbusters put out an email alert to their followers on Thu...
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https://www.forbes.com/sites/kenrapoza/2013/05/06/chechen-leader-says-boston-bombers-got-what-they-deserved/
Chechen Leader Says Boston Bombers Got What They Deserved
Chechen Leader Says Boston Bombers Got What They Deserved Chechen leader Ramzan Kadyrov has described Islamic law as superior 'to the laws of the Russian... [+] federation.' But he says the Tsarnaev brothers got what they deserved. (Image credit: AFP/Getty Images via @daylife) Chechen leader Ramzan Kadyrov said Monday ...
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https://www.forbes.com/sites/kenrapoza/2013/05/27/how-china-will-save-you/
How China Will Save You
How China Will Save You Within the last 20 years, China has grown more than any economy in the world. In the U.S. that growth meant the dismantling of many manufacturing jobs, and a higher trade deficit.  That is changing. In the next 10 years, China will likely be buying more from the U.S. than Mexico, which is curren...
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https://www.forbes.com/sites/kenrapoza/2013/06/07/the-worlds-most-valued-luxury-brands/
The World's Most Valued Luxury Brands
The World's Most Valued Luxury Brands Picture of the frontage of a French luxury goods firm Hermes' shop taken in Paris, one of the most... [+] valuable brands in the business. (Image credit: AFP/Getty Images via @daylife) Luxury brands have become the hottest story in China. But it's also been a niche retail segment t...
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https://www.forbes.com/sites/kenrapoza/2013/06/27/sorry-louis-vuitton-china-no-longer-into-you/
Sorry Louis Vuitton, China's No Longer Into You
Sorry Louis Vuitton, China's No Longer Into You Chanel may be the queen of China fashion accessories but the Celine Paris luggage handbag is... [+] apparently a "must have" for China's shí shàng dá ré -- the fashionistas of Asia. Chanel has surpassed Louis Vuitton as the leading luxury brand among the Chinese fashionis...
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https://www.forbes.com/sites/kenrapoza/2013/08/10/in-china-despite-dozens-of-rivals-u-s-german-car-makes-dominate-the-road/
In China, Despite Dozens Of Rivals, U.S. & German Car Makes Dominate The Road
In China, Despite Dozens Of Rivals, U.S. & German Car Makes Dominate The Road A man walks past electric car equipped with solar panels made by Roewe, a brand of China's largest... [+] automaker SAIC. SAIC and other Chinese car makers are expanding aggressively, buying out foreign automakers, acquiring technology an...
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https://www.forbes.com/sites/kenrapoza/2013/08/15/the-twilight-of-brazilian-billionaire-eike-batista/
The Twilight Of Brazilian Billionaire Eike Batista
The Twilight Of Brazilian Billionaire Eike Batista Eike Batista, Chairman and CEO of the EBX Group, might be one of the most unlucky billionaires... [+] alive. But a recent equity stake sale to EIG Management in the U.S. could keep his billionaire status alive next year, if nothing else goes wrong within EBX and that, ...
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https://www.forbes.com/sites/kenrapoza/2013/08/18/chinas-rising-home-prices-unstoppable/
China's Rising Home Prices Unstoppable
China's Rising Home Prices Unstoppable Any investor that bought a piece of real estate in China (especially Hong Kong) has got to be feeling like a genius right now.  Even though Beijing has tried putting out the fire, the Chinese housing market is just too hot. Buckets of cold water and high taxes are no match for Chi...
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https://www.forbes.com/sites/kenrapoza/2014/02/05/cognizant-reports-earnings-lift-expects-16-5-revenue-growth-in-2014/
Cognizant Reports Earnings Lift, Expects 16.5% Revenue Growth In 2014
Cognizant Reports Earnings Lift, Expects 16.5% Revenue Growth In 2014 New Jeresey-based multinational IT outsourcer Cognizant reported slightly better than expected fourth quarter and year-ending earnings on Wednesday, increasing 2014 revenue guidance as a result as companies increasingly pay more attention to new tech...
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https://www.forbes.com/sites/kenrapoza/2014/04/17/global-ad-men-techies-salivate-over-death-of-television/
Global Media Conference Heralds Internet Takeover Of Television
Global Media Conference Heralds Internet Takeover Of Television Your television is now nothing but an extension of your X Box One. And from there, you'll be hooked into Netflix or Hulu, or if you're in China, maybe Youku. But it won't be ABC in Sydney or CBS in New York or NDTV in Mumbai because advertisers are...
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https://www.forbes.com/sites/kenrapoza/2014/05/27/post-ukraine-election-russia-stocks-fall-off-a-cliff/
Post-Ukraine Election, Russia Stocks Fall Off A Cliff
Post-Ukraine Election, Russia Stocks Fall Off A Cliff Russian stocks fell over 3% on the RTS Index in Moscow Monday after a no-surprise victory for Petro Poroshenko, the chocolate magnate that won the presidency in Ukraine.  Investors have happily cashed in their chips on the Poroshenko win. The market will now likely ...
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https://www.forbes.com/sites/kenrapoza/2014/06/23/for-retail-walmart-wont-get-luck-with-indias-new-govt/
For Retail, Walmart Won't Find Luck With India's New Gov't
For Retail, Walmart Won't Find Luck With India's New Gov't Multi-brand retailers like Walmart won't be getting lucky with the new government of India. Commerce Minister Nirmala Sitharaman told the Economic Times on Tuesday that foreign direct investment in retail will not be allowed. "There are people in the sector sel...
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https://www.forbes.com/sites/kenrapoza/2014/11/04/gazprom-gets-paid-but-overdue-bills-still-due-in-ukraine/
Gazprom Gets Paid, But Russian Gas Bill Still Due In Ukraine
Gazprom Gets Paid, But Russian Gas Bill Still Due In Ukraine Ukraine's state owned natural gas company, Naftogaz, is finally starting to make good on its overdue payments to Gazprom. Naftogaz sent the Russian gas giant its first tranche payment of $1.5 billion on Tuesday. It has another $1.65 billion to go before the e...
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https://www.forbes.com/sites/kenrapoza/2015/01/03/amazon-beefs-up-india-unit-but-e-commerce-market-still-tiny/
Amazon Beefs Up India Unit, But E-Commerce Market Still Tiny
Amazon Beefs Up India Unit, But E-Commerce Market Still Tiny Amazon is betting on India to become one of its biggest markets in the future.  The e-commerce giant is launching the Prime subscription service this year, which cuts delivery costs for regular customers, and is thinking of adding streaming content to its Kin...
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https://www.forbes.com/sites/kenrapoza/2015/01/13/in-argentina-market-happily-awaits-kirchners-exit-next-year/
In Argentina, Market Happily Awaits Kirchner's Exit Next Year
In Argentina, Market Happily Awaits Kirchner's Exit Next Year Argentina. *Sigh.* Gone are her belle of the ball days, when she was the Paris of the South. Now, somewhat of a Latin America pariah state at odds with Washington, the fledgling economy prepares for its second act…again. Investors are circling overhead. Not ...
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https://www.forbes.com/sites/kenrapoza/2015/02/21/brazils-pre-crisis-oil-hype-ruined-ex-billionaire-eike-batista/
Brazil's Pre-Crisis Oil Hype Ruined Ex-Billionaire Eike Batista
Brazil's Pre-Crisis Oil Hype Ruined Ex-Billionaire Eike Batista It doesn't seem that long ago. Yet, more than seven years have passed since Brazil's deep sea oil discoveries turned the country into a black gold mine. Petrobras found pre-salt level oil in the Altantic Ocean in 2007.  A year later, cowboy entrepreneur Ei...
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https://www.forbes.com/sites/kenrapoza/2015/03/25/why-impeaching-brazils-president-dilma-is-a-bad-idea/
Why Impeaching Brazil's President Dilma Is A Bad Idea
Why Impeaching Brazil's President Dilma Is A Bad Idea Author's Note: This post was published March 25, 2015. For more recent coverage of President Dilma Rousseff, see my articles here and here. Fed up with corruption and crony capitalism, Brazilians have taken to the streets in protest for the past year and a half. Two...
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https://www.forbes.com/sites/kenrapoza/2015/04/02/kim-kardashian-takes-her-fashion-empire-to-brazil/
Kim Kardashian Takes Her Fashion Empire To Brazil
Kim Kardashian Takes Her Fashion Empire To Brazil Say what you will about Kim Kardashian, but someone in her inner circle has given her some sound advice on using her name for more than just reality TV stardom. Her fashion empire , which has gone from Sears to QVC , is now heading deep south to Brazil. She recent...
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https://www.forbes.com/sites/kenrapoza/2015/05/01/sao-paulo-and-rio-no-longer-the-lords-of-brazil/
Sao Paulo And Rio No Longer The Lords Of Brazil
Sao Paulo And Rio No Longer The Lords Of Brazil For decades, if you had something to sell in Brazil you needed to have a major presence in Sao Paulo and Rio de Janeiro. This is where the action is, afterall. And the money. But a study released this week by the Boston Consulting Group shows that consumer demand isn'...
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https://www.forbes.com/sites/kenrapoza/2015/06/01/russia-wants-to-convince-bric-partners-to-create-alternative-banking-system/
Russia Wants To Convince BRIC Partners To Create Alternative Banking System
Russia Wants To Convince BRIC Partners To Create Alternative Banking System Russia has decided it will take the lead in disrupting the dollar denominated unipolar world. It's first attempt is to create an alternative to the Society for Worldwide Interbank Financial Telecommunication system, aka the SWIFT code, which is...
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https://www.forbes.com/sites/kenrapoza/2015/07/03/in-clean-car-race-china-beats-prius-tesla-to-cuba/
In Clean Car Race, China Beats Prius, Tesla To Cuba
In Clean Car Race, China Beats Prius, Tesla To Cuba When Cubans open the flood gates to American tourists, the modern, electric vehicle fleets they see on the roads alongside the tradition cars from the 1950s would have been built in China and not Japan, not the U.S. On Friday, Chinese electric vehicle maker BYD (Build...
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https://www.forbes.com/sites/kenrapoza/2015/07/24/brazil-on-the-border-of-being-junk-again/
Brazil On The Border Of Being Junk Again
Brazil On The Border Of Being Junk Again The hole in Brazil's economy keeps getting bigger. This was not the base case scenario of any of the economists I speak with regularly here at FORBES, but the mood is shifting. Brazil is in the quick sand now, and there are very little branches around to pull these guys out. Thi...
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https://www.forbes.com/sites/kenrapoza/2015/08/24/imploding-chinese-stock-market-does-not-bode-well-for-world-economy/
Imploding Chinese Stock Market Does Not Bode Well For World Economy
Imploding Chinese Stock Market Does Not Bode Well For World Economy The China hard landing aficionados (all five of them) may have something to celebrate with the implosion of Chinese equities, but the world economy does not. On Monday, investors woke up to yet another rout in both Chinese markets. The Deutsche X-Track...
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https://www.forbes.com/sites/kenrapoza/2015/09/08/brazil-finmin-joaquim-levys-austerity-moves-more-than-bitter-pill/
Brazil FinMin Joaquim Levy's Austerity Moves More Than 'Bitter Pill'
Brazil FinMin Joaquim Levy's Austerity Moves More Than 'Bitter Pill' Brazilian Finance Minister Joaquim Levy gestures during a news conference in August regarding major... [+] budget cuts for 2016. The budget predicts a deficit of R$30 billion (around $9 billion). (Photo by Evaristo Sa/AFP/Getty Images) When Brazil's s...
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https://www.forbes.com/sites/kenrapoza/2015/09/16/and-the-worlds-best-central-banker-is-not-yellin/
And The World's Best Central Banker Is...(Not Yellen)
And The World's Best Central Banker Is...(Not Yellen) Russia's Central Bank Chief Elvira Nabiullina is this best central banker in the world. (Photo by... [+] KIRILL KUDRYAVTSEV/AFP/Getty Images) And in the category of central bank leadership, this year's number on bank governor is... Pause for effect. Elvira Nabiullin...
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https://www.forbes.com/sites/kenrapoza/2015/10/25/petrobras-has-another-problem-to-deal-with-oil/
Petrobras Has Another Problem To Deal With: Oil
Petrobras Has Another Problem To Deal With: Oil Petrobras hasn't traded with oil prices for years, primarily because of the Brazilian government. In better times, it was because the government wasn't allowing the oil giant to raise gasoline prices. In the worst of times, as in today, it is because of the bribery scanda...
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https://www.forbes.com/sites/kenrapoza/2015/11/02/ukraine-prepays-gazprom-for-a-whole-five-days-of-gas/
Ukraine Prepays Gazprom For....A Whole Five Days Of Gas
Ukraine Prepays Gazprom For....A Whole Five Days Of Gas Gazprom CEO Alexey Miller, left, and Naftogaz CEO Andriy Kobolev sign an agreement that guarantees... [+] Russian gas will continue to flow to Ukraine and, by extension, parts of the EU this winter as Russian Energy Minister Alexander Novak, left back, EU Commissi...
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https://www.forbes.com/sites/kenrapoza/2015/12/23/russia-taking-its-outer-space-biz-private/
Russia Tries Becoming Market For The Next SpaceX
Russia Tries Becoming Market For The Next SpaceX A picture taken on December 17, 2015 shows a Russian Soyuz rocket blasting off from the European... [+] space center at i.Europe was set to launch the next two satellites today for its multi-billion-euro Galileo satnav system, a rival to America's GPS, according to space...
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https://www.forbes.com/sites/kenrapoza/2016/02/15/shell-oil-ceo-says-petrobras-should-step-aside-in-brazil/
Shell Oil CEO Says Petrobras Should Step Aside In Brazil
Shell Oil CEO Says Petrobras Should Step Aside In Brazil Ben van Beurden, Chief Executive Officer of Royal Dutch Shell, said in Brazil on Feb. 15 that the... [+] government should allow for more foreign investment in the country's lucrative off-shore oil fields without having to partner with beleaguered oil major Petro...
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https://www.forbes.com/sites/kenrapoza/2016/04/25/something-stinks-in-china-housing/
Something Stinks In China Housing
Something Stinks In China Housing A residential high rise building in Shanghai. Banking authorities in the city shut down six mortgage... [+] brokers for unsavory practices and forced seven major banks to suspend mortgages underwritten by them. As the China tries to professionalize its asset backed securities market, t...
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https://www.forbes.com/sites/kenrapoza/2016/05/05/in-race-against-china-tesla-becoming-the-apple-of-the-auto-world/
In Race Against China, Tesla Becoming The Apple Of The Auto World
In Race Against China, Tesla Becoming The Apple Of The Auto World Tesla creator and billionaire Elon Musk in Beijing on October 23, 2015. They've got their eyes on... [+] you, Mr. Musk. (Photo by ChinaFotoPress/Getty Images) China must keep Elon Musk up at night. Tesla has a big bullseye over its California offices and...
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https://www.forbes.com/sites/kenrapoza/2016/05/17/westinghouse-electrics-chinese-trojan-horse/
Westinghouse Electric's Chinese 'Trojan Horse'
Westinghouse Electric's Chinese 'Trojan Horse' Westinghouse's AP1000 reactor being built at the Sanmen facility in China. The country is looking to... [+] become a global player in nuclear tech. It inked a deal with U.S.-based Westinghouse that just put them on that path. (AP Photo) The future of a once mighty U.S. man...
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https://www.forbes.com/sites/kenrapoza/2016/06/23/russias-gazprom-beats-lithuania-in-billion-dollar-lawsuit/
Russia's Gazprom Beats Lithuania In Billion Dollar Lawsuit
Russia's Gazprom Beats Lithuania In Billion Dollar Lawsuit CEO of Russian gas giant Gazprom, Alexei Miller, wins a legal battle with Lithuania. (Photo by... [+] ALEXANDER NEMENOV/AFP/Getty Images) Russia's Gazprom is free and clear and does not owe Lithuania one red cent for supposedly overcharging the Baltic natio...
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https://www.forbes.com/sites/kenrapoza/2016/06/27/latest-brazil-study-on-impeachment-unlikely-to-save-dilma/
Latest Brazil Study On Impeachment Unlikely To Save Dilma
Latest Brazil Study On Impeachment Unlikely To Save Dilma Suspended Brazilian President Dilma: "I swear I did not break any laws." A technical report... [+] commissioned by the Senate suggests she is right. (Photo by EVARISTO SA/AFP/Getty Images) A technical report into whether or not Dilma cooked the books on fiscal a...
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https://www.forbes.com/sites/kenrapoza/2016/07/08/how-china-and-amazon-are-changing-the-future-of-retail/
How China And Amazon Are Changing The Future Of Retail
How China And Amazon Are Changing The Future Of Retail If you thought Amazon was just about killing bookstores like Barnes & Noble, or ticking off publishers, guess again. It’s becoming increasingly clear that Amazon is not merely a book industry disruptor, but a retail disruptor in general. Bad for Macy’s. Bad for Wal...
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https://www.forbes.com/sites/kenrapoza/2016/08/23/failed-state-venezuela-now-bleeding-cash/
'Failed State' Venezuela Now Bleeding Cash
'Failed State' Venezuela Now Bleeding Cash In this handout picture released by Prensa Miraflores, former Cuban President Fidel Castro gives... [+] advice to Venezuelan President Nicolas Maduro. It's probably bad. The country can barely feed its own people, and now its running out of money. Bad news for distressed asset...
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https://www.forbes.com/sites/kenrapoza/2016/09/11/more-anti-government-protests-coming-in-venezuela-turning-point-can-be-explosive/
More Anti-Government Protests Coming In Venezuela; Turning Point Can Be 'Explosive'
More Anti-Government Protests Coming In Venezuela; Turning Point Can Be 'Explosive' In this Sept 1, 2016 photo, demonstrators take part in the "taking of Caracas" march in Caracas.... [+] Venezuela's opposition is vowing to keep up pressure on President Nicolas Maduro after flooding the streets of the capital last week...
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https://www.forbes.com/sites/kenrapoza/2016/10/21/sorry-bond-lords-venezuela-is-a-dictatorship-now/
Sorry Bond Lords, Venezuela Is a Dictatorship Now
Sorry Bond Lords, Venezuela Is a Dictatorship Now Nicolas Maduro, president of Venezuela, right, and Raul Castro, president of Cuba, shake hands... [+] during the Non-Aligned Movement (NAM) Summit in Margarita, Venezuela, on Saturday, Sept. 17, 2016. Maduro moves faster towards creating first dictatorship in South Amer...
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https://www.forbes.com/sites/kenrapoza/2016/11/28/how-to-prepare-your-portfolio-for-trumpflation/
Prepare Your Portfolio Now For 'Trumpflation'
Prepare Your Portfolio Now For 'Trumpflation' The market is pricing in a big correction in bond markets as a result of higher inflation under a... [+] Trump presidency. (AP Photo/Jae C. Hong, File) Trumpflation is coming. Everyone knows it. It means higher interest rates in the U.S. It means the end of QE, negative and...
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https://www.forbes.com/sites/kenrapoza/2017/02/10/nearly-bankrupt-venezuela-picks-fight-with-russias-darth-vader/
Nearly Bankrupt Venezuela Picks Fight With Russia's 'Darth Vader'
Nearly Bankrupt Venezuela Picks Fight With Russia's 'Darth Vader' Venezuela's President Nicolas Maduro, left, listens as CEO of state-controlled Russian oil company... [+] Rosneft Igor Sechin speaks during a ceremony for naming a street after late Venezuelan President Hugo Chavez in Moscow, Russia, on Tuesday, July 2, ...
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https://www.forbes.com/sites/kenrapoza/2017/02/23/sorry-senator-mccain-approval-of-russias-president-putin-nearly-doubles/
Sorry, Senator McCain, American Approval Of Russia's President Putin Nearly Doubles
Sorry, Senator McCain, American Approval Of Russia's President Putin Nearly Doubles Russian President Vladimir Putin attends a wreath-laying ceremony at the Tomb of the Unknown Soldier... [+] by the Kremlin wall to mark the Defender of the Fatherland Day in Moscow on February 23, 2017. A Gallup poll from Feb. 21 shows ...
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https://www.forbes.com/sites/kenrapoza/2017/03/19/shanghai-housing-prices-completely-unsustainable/
Shanghai Housing Prices Completely Unsustainable
Shanghai Housing Prices Completely Unsustainable Shanghai real estate prices have ballooned over the years, giving global investors pause about China... [+] overall. (Shutterstock) Correction: The original version of this article made the mistake of comparing dollar prices with Chinese yuan, giving a false comparison b...
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https://www.forbes.com/sites/kenrapoza/2017/03/29/in-europes-other-divorce-ukraine-loses-to-russia-again/
In Europe's Other 'Divorce,' Ukraine Loses To Russia ... Again
In Europe's Other 'Divorce,' Ukraine Loses To Russia ... Again People stand in front of a city council during a session in Kiev, Ukraine on Thursday, March... [+] 16,2017. The City Council wants some companies to stop working with Russians. (AP Photo/Efrem Lukatsky) As the world focuses on the "divorce" between the U.K...
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https://www.forbes.com/sites/kenrapoza/2017/04/03/for-brazilians-retiring-at-65-is-too-old/
For Brazilians, Retiring At 65 Is Too Old
For Brazilians, Retiring At 65 Is Too Old Demonstrators hold a giant banner reading "Against Social Security reforms" in Rio on March 15,... [+] 2017. Wall Street may have to rethink this one. (Photographer: Dado Galdieri/Bloomberg) Brazilians don't want to work past the age of 65.  Period.  In fact, according to a stu...
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https://www.forbes.com/sites/kenrapoza/2017/04/17/chinas-best-and-brightest-leaving-u-s-universities-and-returning-home/
China's 'Best And Brightest' Leaving U.S. Universities And Returning Home
China's 'Best And Brightest' Leaving U.S. Universities And Returning Home For thousands of Chinese teens flocking to American colleges, the pursuit of the American dream is... [+] often dependent on the H1-B visa. (Photo by FREDERIC J. BROWN/AFP/Getty Images) Chinese college students studying in the U.S. are finding it...
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https://www.forbes.com/sites/kenrapoza/2017/05/31/brazils-new-world-bank-sized-crisis/
Brazil's New 'World Bank'-Sized Crisis
Brazil's New 'World Bank'-Sized Crisis What does she know? Maria Silvia Bastos, chief executive officer of BNDES. Her career ended abruptly... [+] in May following revelations of a new bribery scheme involving a former Finance Minister and the world's biggest exporter of chicken, beef and pork, known by its acronym JBS...
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https://www.forbes.com/sites/kenrapoza/2017/07/20/fearing-global-sanctions-russia-speeds-up-turkish-stream-gas-pipeline/
Fearing Global Sanctions, Russia Speeds Up Turkish Stream Gas Pipeline
Fearing Global Sanctions, Russia Speeds Up Turkish Stream Gas Pipeline Russian President Vladimir Putin speaks by phone with his Turkish counterpart from aboard the... [+] Pioneering Spirit pipelaying ship in the Black Sea on June 23, 2017. Russia's Gazprom wants to get its contracts signed and parts on order before Wa...
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https://www.forbes.com/sites/kenrapoza/2017/08/14/the-top-five-politicians-likely-to-be-elected-brazils-president-in-2018/
The Top Five Politicians Likely To Be Elected Brazil's President In 2018
The Top Five Politicians Likely To Be Elected Brazil's President In 2018 Marina Silva is a former member of the once-red hot Workers' Party of Luiz Inacio Lula da Silva. If... [+] Lula is not in the race, she is pick No. 1 to be Brazil's next president. (AP Photo/Andre Penner) It's surprisingly close. In five months, B...
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https://www.forbes.com/sites/kenrapoza/2017/08/29/when-russia-finally-hops-on-shale-bandwagon-opec-is-finished/
When Russia Finally Hops On Shale Bandwagon, OPEC Is Finished
When Russia Finally Hops On Shale Bandwagon, OPEC Is Finished Russian President Vladimir Putin flanked by Igor Sechin, the CEO of Russia's biggest oil firm,... [+] Rosneft Russia is home to the world's second largest shale oil deposits, according to the U.S. Energy Information Administration. They will learn to develop...
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https://www.forbes.com/sites/kenrapoza/2017/09/06/chinas-ico-ban-doesnt-mean-its-giving-up-on-crypto-currencies/?utm_campaign=Kripto-Para&utm_medium=email&utm_source=Revue%20newsletter
China's ICO Ban Doesn't Mean It's Giving Up On Crypto-Currencies
China's ICO Ban Doesn't Mean It's Giving Up On Crypto-Currencies China's regulators do the inevitable: ban ICOs to stop scammers and money launderers. (Shutterstock) China's recent ban on so-called initial coin offerings (ICO) doesn't mean regulators are slamming the door on the country's fintech techies, including the...
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https://www.forbes.com/sites/kenrapoza/2017/09/11/to-promote-electric-cars-china-considers-move-to-ban-gas-guzzlers/
To Promote Electric Cars, China Considers Move To Ban Gas Guzzlers
To Promote Electric Cars, China Considers Move To Ban Gas Guzzlers A view of traffic on Beijing's Second Ring Road on April 14, 2017. Between coal fired power plants... [+] and China's ever-increasing automobile traffic, cities like Beijing are now home to some of the worst air quality in the world. To make the city li...
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https://www.forbes.com/sites/kenrapoza/2017/09/13/new-silk-road-fund-hopes-chinas-eurasia-strategy-is-a-money-maker/
New 'Silk Road' Fund Hopes China's Eurasia Strategy Is A Money Maker
New 'Silk Road' Fund Hopes China's Eurasia Strategy Is A Money Maker A road in Tajikstan in Eurasia. These vast land masses of old nomadic tribes are along China's new... [+] Silk Road: a massive means to export capital, labor and products to new markets, many of which are not even considered frontier markets yet by th...
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https://www.forbes.com/sites/kenrapoza/2017/09/14/eurasias-new-perestroika-uzbekistan-silk-road-china/
Eurasia's Latest Economic Reboot Can Be Found In Uzbekistan
Eurasia's Latest Economic Reboot Can Be Found In Uzbekistan Uzbekistan's new President Shavkat Mirziyoyev says he wants his country to finally move on from... [+] Soviet era politics and economics. (Photo by VYACHESLAV OSELEDKO/AFP/Getty Images) Eurasia has become a hot spot on the map because of China's Silk Road init...
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https://www.forbes.com/sites/kenrapoza/2017/09/15/tax-haven-cash-rising-now-equal-to-at-least-10-of-world-gdp/
Tax Haven Cash Rising, Now Equal To At Least 10% Of World GDP
Tax Haven Cash Rising, Now Equal To At Least 10% Of World GDP The Russians and Arabs prefer Switzerland. The Americans prefer the Caribbean. While not illegal,... [+] tax havens are now stores of greater financial assets than ever imaged. The world's one percenters, therefore, own a larger percentage of global wealth t...
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https://www.forbes.com/sites/kenrapoza/2017/12/24/angela-merkel-tries-pressuring-vladimir-putin-on-ukraine-war/
Angela Merkel Tries Pressuring Vladimir Putin On Ukraine War
Angela Merkel Tries Pressuring Vladimir Putin On Ukraine War German Chancellor Angela Merkel talks with Russia's President Vladimir Putin. She is sending him a... [+] warning about the escalation of conflict between ethnic Russians and Ukrainians in eastern border towns that have been war zones for three years. (Photo ...
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https://www.forbes.com/sites/kenrapoza/2018/01/09/rumors-fly-of-billion-dollar-coin-offering-for-telegram-app/
Rumors Fly Of Billion Dollar Coin Offering For Telegram App
Rumors Fly Of Billion Dollar Coin Offering For Telegram App Billion dollar Telegram ICO to launch in the fourth quarter? Rumor has it. (Shutterstock) A week ago, someone from a Russian blockchain infrastructure company contacted me. "Did you hear?" she said. "Telegram is doing an initial coin offering (ICO) in the four...
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https://www.forbes.com/sites/kenrapoza/2018/01/09/to-some-in-russia-oil-chief-more-feared-than-putin/
To Some In Russia, Oil Chief More Feared Than Putin
To Some In Russia, Oil Chief More Feared Than Putin Vladimir Putin accompanied by Igor Sechin, the CEO of oil giant Rosneft. Sechin controls many levers... [+] of power in Russia, and certainly has the ear of the judicial system. (Photo by ALEXANDER NEMENOV/AFP/Getty Images) In Russia, don't bother trying to go against...
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https://www.forbes.com/sites/kenrapoza/2018/01/10/goldman-sachs-caves-bitcoin-is-money/
Goldman Sachs Caves: Bitcoin Is Money
Goldman Sachs Caves: Bitcoin Is Money Goldman Sachs says bitcoin is more likely to be used as money in emerging market nations. The dollar... [+] (and euro) serve its purpose just fine in the U.S. and Europe. But in the not so distant future, bitcoin may become something akin to the digital version of gold for investor...
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https://www.forbes.com/sites/kenrapoza/2018/01/12/venezuela-is-in-a-limbo-default/
Venezuela Is In A 'Limbo Default'
Venezuela Is In A 'Limbo Default' Fight the Power. Venezuelan President Nicolas Maduro unlikely to win a fight against default. Every... [+] day, this once rich South American country inches closer to bankruptcy. Bondholders are "organizing", according to Nomura Securities in New York. (Photo by YAMIL LAGE/AFP/Getty Im...
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https://www.forbes.com/sites/kenrapoza/2018/02/07/as-bitcoin-struggles-will-investor-interest-in-icos-weaken/
Is It Too Late To Make Your Fortune In Cryptocurrency ICOs?
Is It Too Late To Make Your Fortune In Cryptocurrency ICOs? A computer screen displays a website featuring cryptocurrency token sales and ICO (Initial Coin... [+] Offering) lists in Berlin on November 26, 2017. ICOs have become a global phenomenon. Buyers are less willing to test the waters these days, according to a r...
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https://www.forbes.com/sites/kenrapoza/2018/02/24/heres-how-much-warren-buffett-lost-from-2017s-catastrophic-hurricanes/
Here's How Much Warren Buffett Lost From 2017's Catastrophic Hurricanes
Here's How Much Warren Buffett Lost From 2017's Catastrophic Hurricanes Roberto Figueroa Caballero sitting on a small table in his home that was destroyed by Hurricane... [+] Maria in La Perla neighborhood on the coast of San Juan, Puerto Rico on Thursday, Nov. 30, 2017. (AP Photo/Ramon Espinosa, File) Some lost everyt...
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https://www.forbes.com/sites/kenrapoza/2018/03/02/with-global-steel-tariffs-on-whats-next-for-mexico-and-nafta/
With Global Steel Tariffs On, What's Next For Mexico And NAFTA?
With Global Steel Tariffs On, What's Next For Mexico And NAFTA? College activists disguised as President Donald Trump protest against the North American Free Trade... [+] Agreement (NAFTA) outside the Foreign Ministry in Mexico City on February 27, 2018. Mexican Economy Minister Ildefonso Guajardo said the renegotiatio...
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https://www.forbes.com/sites/kenrapoza/2018/03/15/market-gives-venezuelan-president-maduro-12-months-max/
Market Gives Venezuelan President Maduro 12 Months Max
Market Gives Venezuelan President Maduro 12 Months Max Nicolas Maduro with Cuban President Raul Castro during the Bolivarian Alliance for the Peoples of... [+] Our America Summit at the Miraflores presidential palace in Caracas on March 5, 2018. Maduro's party, the Socialists United of Venezuela, continue with their st...
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https://www.forbes.com/sites/kenrapoza/2018/04/25/nasdaq-ceo-bitcoin-trading-cryptocurrency/
After Nasdaq CEO Blesses Cryptocurrency, Investors See Bigger Future For Bitcoin, Others
After Nasdaq CEO Blesses Cryptocurrency, Investors See Bigger Future For Bitcoin, Others Nasdaq CEO Adena Friedman told CNBC on April 25 that they are open to considering trading in... [+] cryptocurrencies once regulated by the Securities and Exchange Commission. Nasdaq already has a blockchain platform in place to mak...
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https://www.forbes.com/sites/kenrapoza/2018/05/03/it-might-be-time-to-get-out-of-argentina/
It Might Be Time To Get Out Of Argentina
It Might Be Time To Get Out Of Argentina President of Argentina Mauricio Macri looks on during the first day of the official visit of the... [+] president of Spain to Buenos Aires at Casa Rosada on April 9, 2018 in Buenos Aires, Argentina. (Photo by Amilcar Orfali/Getty Images) Argentina looked good for emerging market...
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https://www.forbes.com/sites/kenrapoza/2018/06/08/the-imf-deal-wont-save-argentinas-peso/
The IMF Deal Won't Save Argentina's Peso
The IMF Deal Won't Save Argentina's Peso The International Monetary Fund's $50 billion aid package means Argentina won't need to depend on... [+] foreign capital for a few quarters. But BNP Paribas thinks it will not protect the peso from a sell-off. Peso to 27.5. Photo by STR/AFP/Getty Images. The Argentina peso has s...
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https://www.forbes.com/sites/kenrapoza/2018/06/21/believe-it-or-not-market-increasingly-likes-argentina-imf-reboot/
Believe It Or Not, Wall Street Increasingly Likes Argentina-IMF Reboot
Believe It Or Not, Wall Street Increasingly Likes Argentina-IMF Reboot Winning: Argentinian president Mauricio Macri faced a huge backlash at home for bringing back the... [+] much-maligned IMF to his country. Wall Street kinda loves him for it. Photo by Neil Hall - Pool/Getty Images. What is going on? The Argentine pe...
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https://www.forbes.com/sites/kenrapoza/2018/06/27/stock-market-says-china-a-loser-in-trade-war/
Stock Market Says China A Loser In 'Trade War'
Stock Market Says China A Loser In 'Trade War' An investor watches the electronic board at a stock exchange hall in Shenzhen. China’s stock market... [+] is losing out to the U.S., dragging emerging markets down with it. Maybe the market thinks a trade war is worse for China. Photo by VCG/VCG via Getty Images. If there...
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https://www.forbes.com/sites/larryhusten/2013/06/03/with-one-big-exception-fda-reviewers-back-more-benign-view-of-avandia-trial/
With One Big Exception FDA Reviewers Back More Benign View Of Avandia Trial
With One Big Exception FDA Reviewers Back More Benign View Of Avandia Trial The FDA today released a 538-page briefing document for an advisory panel meeting on Wednesday and Thursday that will reassess a key clinical trial and reconsider the fate of the now-tarnished former blockbuster diabetes drug rosiglitazone (Ava...
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https://www.forbes.com/sites/larryhusten/2013/06/06/fda-advisory-panel-backs-looser-restrictions-on-avandia/
FDA Advisory Panel Backs Looser Restrictions On Avandia
FDA Advisory Panel Backs Looser Restrictions On Avandia After two days of deliberation an FDA advisory panel today recommended that the severe restrictions (REMS) placed on rosiglitazone (Avandia, GlaxoSmithKline ) be modified. The vote constitutes a modest revival in fortune for the embattled drug and its maker aft...
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https://www.forbes.com/sites/larryhusten/2013/06/14/new-european-hypertension-guidelines-released-with-simplified-blood-pressure-target/
New European Hypertension Guidelines Released With Simplified Blood Pressure Target
New European Hypertension Guidelines Released With Simplified Blood Pressure Target New hypertension guidelines from the European Society of Hypertension and the European Society of Cardiology were released in Milan today at the European Meeting on Hypertension & Cardiovascular Protection. The authors of the guidelines...
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https://www.forbes.com/sites/larryhusten/2013/06/27/novel-heart-failure-drug-from-novartis-gains-breakthrough-therapy-designation-from-fda/
Novel Heart Failure Drug From Novartis Gains 'Breakthrough Therapy' Designation From FDA
Novel Heart Failure Drug From Novartis Gains 'Breakthrough Therapy' Designation From FDA Serelaxin, the novel therapy under development for the treatment of acute heart failure, has received a "breakthrough therapy" designation from the FDA, according to Novartis, the company developing the drug. The designation, the F...
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https://www.forbes.com/sites/larryhusten/2013/07/08/recent-e23-million-biotech-ipo-relied-heavily-on-questionable-research-2/
Recent €23 Million Biotech IPO Relied Heavily On Questionable Research
Recent €23 Million Biotech IPO Relied Heavily On Questionable Research (Updated with a comment from Cardio3 BioSciences) (Second update with a comment from Darrel Francis.) A successful €23 million initial public offering  (IPO) last week was based on highly questionable research, according to a group of UK physicians ...