Of all of the world's 100 largest economic entities in 2010, 42 (42%) are corporations. The largest, as in 2009 was Wal-Mart, whose 2010 revenues exceeded the GDPs of 171 countries making it the 25th largest economic entity in the world. The next group in terms of size is energy majors with the combined revenues of the five largest players (Royal Dutch Shell, ExxonMobil, BP, Sinopec and China National Petroleum) equivalent to 2.5% of global GDP in 2010. A key trend is the movement from West to East as global challengers from rapidly developing economies (RDEs) continue to grow their economic power - along with their countries. Among the Top 100 economic entities there are now 6 RDE companies versus just 1 in 2000, and looking at the Top 150 the number of RDE companies tripled between 2000 and 2010 to 15.
It has strong trade relations with several countries like China, Japan, and the United States. Indonesia import export data shows that total imports 22.08% of the GDP and exports are 20.97% of the GDP.
Gold prices plunged on December 20th, hitting low have not been seen since August, after the U.S. Commerce Department reported an unexpectedly robust reading on third quarter U.S. gross domestic product (GDP).
Anadarko Cut as $25 Billion Toxic Suit Oozes Into Court Bloomberg - Anadarko Petroleum Corp. (APC) investors are discounting the company's market value by $2 billion as analysts and lawyers see few ways to minimize … more
Gold prices are trading solidly lower on December 20th, falling to their lowest level in more than three months, after data showed that the U.S. economy grew at a faster rate than initial estimated during the third quarter of 2012.
Algeria is holding 8th place as world's largest producer of natural gas reserves and 3rd largest supplier to Europe. It is the third largest holder of oil proven reserves in Africa as of January 2012, behind Libya and Nigeria, and second largest holder of natural gas proven reserves after Nigeria. (Oil and Gas Journal). Algeria is a member of Organisation of the Petroleum Exporting Countries (OPEC). The country's hydrocarbons sector accounted for 60% of its budget revenues, 36% of its GDP and over 97% of its export earning in 2010 (US State Department). (US Energy Information Administration).
India GDP slows sharply; stocks, rupee slump MarketWatch - Weighed down by slower manufacturing, India's economy grew at a 5.3% pace in the quarter ended in March, sharply lower than in the previous quarter and … more
Timizzer.com - The Brazil quarter growth rate of 0.2 percent has frustrated a lot of investors. Some would even say that the honey moon between the big of South America and international investors is now bitter. The creator of the term BRIC, Jim O'Neil, thinks that analysts are always exaggerating perspectives and that's now the case with Brazil.
"Financial markets go from one extreme to the other when the expectation about a country is not confirmed. The forecasts of Brazil growth were too high, mainly after the 7.5 percent GDP rate of 2010. Adjustments were already necessary then. But now some analysis are exaggerating the problems and risks of Brazil", told O'Neill to the BBC...
Continue: TImizzer.com
Copper prices rose by 0.65 per cent on Wednesday after Gross domestic product in the euro zone rose more-than-expected in the last quarter signaling developing sentiment in the region which raised the demand outlook for the metal. In a report, Eurostat said that GDP rose to a always adjusted 0.4 per cent, from 0.5 per cent in the preceding quarter whose figure was revised up from 0.3 per cent
Malaysia has an open state-centric and newly industrialized market economy. Between 1957 and 2005, the country reported gross domestic product (GDP) growth of 6.5% on average, which has made it one of the best performing economies in the region. And the government has been reducing its role in the economy, while implementing many business-friendly reforms.
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Costa Rica is one of the most emerging markets. The upper-middle economy coupled with good GDP and financial stability has given this country the distinct edge.
The world's biggest archipelagic country involving more than 17,500 islands, the Republic of Indonesia extends exactly 5,000 km between the Pacific and Indian seas. With a populace of 246.9 million and a current GDP of $1.12 lakh crore USD, the World Bank orders Indonesia as a lower centre pay country.
A consortium led by South Korea's Korea Electric Power Corp (KEPCO) and Japan's Sumitomo has been awarded the contract for engineering, construction and procurement of the Shuwaihat 3 electric power plant in Abu Dhabi.
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Uruguay gets credit rating upgrade from Standard & Poor's
Colombian bonuses to overcome US$ 3 billion
Sugar cane becomes third most important commodity in Paraguay
US decides to support Argentina in case of unpaid debt
Brazil to reset rules for telecommunications
Argentina chases Petrobras from Neuquén province
Today Brazil is one of the emerging markets attractive for investments. Despite the incentives typical for strategic approach for creating favorable conditions, there might be some hidden drawbacks in policy or environment that might affect investors' decision-making.
Professor Paulo Moura, Political Scientist, reviews critically the current investment climate in Brazil