Archive
Reuters blog archive
from Funds Hub:
Morning Line-Up: China’s pledge, bonus drop, BRIC optimism
News and views on the asset management industry from Reuters and elsewhere:
China promises Euro support - FT
from Reuters Soccer Blog:
Where does benchwarmer Ronaldinho go from here?
AC Milan are flying high at the top of Serie A but Ronaldinho is stuck to the bench with Massimiliano Allegri-branded glue.
The struggling Brazilian has started once in the last nine games and that was in the lacklustre 2-0 home defeat by Ajax Amsterdam, Milan's only loss during the spell.
from Chrystia Freeland:
A tour of world currency markets with John Taylor
Chrystia interviewed currency maven John Taylor this morning to kick off the Reuters 2011 Investment Outlook Summit. Taylor is the chairman and CIO of FX Concepts, the largest currency hedge fund in the world, with around $8.5 billion in assets under management.
Taylor led Chrystia on a tour of world currency markets and offered his predictions for 2011, including:
from Global Investing:
Which BRIC? Russia scores late goal for 2010
How quickly times change. Russia's stock market, unloved for months, last week overtook India to be the best-performing of
the four BRICs. The Moscow stock index jumped 5 percent last week, posting its biggest weekly rise in seven months, bringing
year-to-date gains to 17.5 percent. Fund managers such as Goldman Sach's Jim O'Neill, creator of the BRICs term, are predicting it will lead the group next year too.
So what's with the sudden burst of enthusiasm for Moscow? One catalyst is of course soccer body FIFA's decision to award
the 2018 Soccer World cup to Russia. Investors are piling into infrastructure stocks, with steel producers especially tipped to
benefit as Russia starts building stadia, roads and hotels. But the bigger factor, according to John Lomax, HSBC's head of emerging equity strategy, is the optimism that has started creeping in about U.S. -- and world economic growth.
from Reuters Investigates:
Weird weather and the Amazon
As scientists from around the world gather in Cancun for the latest U.N. conference on climate change, Stuart Grudgings reports from Caapiranga, in the heart of the Amazon rainforest, for his special report "Weird weather leaves Amazon thirsty."
This year's drought in the Amazon was the kind of thing experts call a "once in a century" event. Unfortunately, it was the second one in five years.
from MacroScope:
Building BRICs in Africa
Some eye-catching numbers from Standard Bank out today on the influence of BRICs countries -- Brazil, Russia, India and China -- on Africa.
First off, the bank says the global recession and its recovery have been nourishing these so-called South-South ties. But it is all now ready to take off. The bank estimates:
from FaithWorld:
World’s tallest Jesus statue unveiled in Poland
(Photo: Unveiling of the statue of Jesus in Swiebodzin, western Poland November 21, 2010/Sebastian Rzepiel)
About 15,000 Christian pilgrims and tourists streamed into the western Polish town of Swiebodzin Sunday for the unveiling of what has been billed as the world's tallest statue of Jesus.
Polish television stations showed throngs of worshippers marching in procession with religious banners and placards proclaiming "Christ the King of the Universe."
from FaithWorld:
Giant Jesus statue rises above Polish countryside
A statue of Jesus Christ that its builders say will be the largest in the world is fast rising from a Polish cabbage field and local officials hope it will become a beacon for tourists. The builders expect to attach the arms, head and crown to the robed torso in coming days, weather and cranes permitting, completing a project conceived by local Catholic priest Sylwester Zawadzki and paid for by private donations.
Standing on an artificial mound, the plaster and fiber glass statue will stand some 52 meters (57 yards) when completed, taller than the famous statue of Christ the Redeemer with outstretched arms that gazes over Rio de Janeiro in Brazil, Polish officials say.
from Funds Hub:
Morning Line-Up: Buffett, JP Morgan in Brazil, EU hedge fund rules
News and views on the asset management industry from Reuters and elsewhere:
Warren Buffett's latest pick - Reuters
from FaithWorld:
Brazil’s Rousseff survives abortion row, looks set to win presidency
(Photo: Dilma Rousseff looks up before a television debate in Sao Paulo October 25, 2010/Nacho Doce)
Dilma Rousseff, front-runner in Brazil's presidential race, appears to have successfully shifted the focus of the campaign away from corruption and her controversial views on abortion and back to the shining economic legacy of her popular former boss, President Luiz Inacio Lula da Silva.
Rousseff, a 62-year-old career civil servant and former leftist militant, fell short of the majority of votes needed to win the election outright in the October 3 first round as last-minute doubts of many evangelical Christian and Catholic voters about her support for abortion rights probably cost the Workers’ Party candidate an outright victory. Opposition challenger Jose Serra then closed her poll lead to as little as four points.
