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chi-money

Knockoff designer handbags and iPhones? Child’s play for a ring of fraudsters who decided to kick it up a notch (or three) by setting up a fake bank near the city of Nanjing, in eastern China. Yes, a fake bank. Perhaps most shocking is that this wasn’t exactly a...

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BuySell

There are two popular things business professionals do at the beginning of each new year… get a gym membership, and rethink any/all investments. And in an ideal world your investment strategies do better than your gym attendance record each year. Nevertheless, as I couldn’t find any charts on fitness...

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Marc Faber is, admittedly, no fan of central banks. Nor is he a proponent of our current monetary system, believing it to be nothing more than a grand-sized Ponzi scheme. Especially Japan’s. Faber is the “contrarian’s contrarian.” He’s the water near a fire. The match near a bone-dry forest....

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naypyidaw-airport

It was not long ago that expectations shot up as foreign investors were gearing up for what was expected to be a bonanza in Myanmar (formerly known as Burma). Thein Sein, a member of the former ruling military junta, took over as a civilian president. Opposition leader Aung San...

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Markets
The Oil Game

Starting in 2010, Malaysian Prime Minister Najib Razak announced reductions in government fuel subsidies that would be slowly implemented over a 3–5 year time period. The move was said to be done to strengthen government balance sheets and to improve government efficiency. In November 2014, Indonesian President Joko Widodo’s...

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Being designated a “frontier market” means two things in the financial world… it means there are a ton of risks (foreseen or otherwise) and a ton of potential rewards. For an ambitious frontier nation, though, it means that with a little hard work, competitiveness, and transparency that “emerging market”...

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Increases in both Philippine imports and exports (5.4% and 8.3%, respectively) were seen in the first half of 2014. As the volume of trade continues to grow between the Philippines and the rest of the world, the Port of Manila—the country’s international shipping gateway—finds itself struggling to cope. In...

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Shifting focus temporarily from Japan’s more recent woes, one economic policy of Japan Prime Minister Shinzo Abe that seems to be doing as it was intended is the government’s defining of Japan as a major tourist destination. For the first time ever, in 2013 the number of visitors to...

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