Monthly Archives: April 2013

Annual Turkish M&A Review 2011

Annual Turkish M&A Review 2011

The Shipbuilding Industry in Turkey – pdf

The Shipbuilding Industry in Turkey

Aid to poor countries slips further as governments tighten budgets

Aid to poor countries slips further as governments tighten budgets 03/04/2013 – Development aid fell by 4% in real terms in 2012, following a 2% fall in 2011.  The continuing financial crisis and euro zone turmoil has led several governments to tighten their budgets, which has had a direct impact on development aid.  There is also […]

France must do more to boost competitiveness and create jobs

France must do more to boost competitiveness and create jobs 19/03/2013 – France has avoided the most severe impacts of the global economic crisis and turmoil in the euro area, but must now take action to boost competitiveness and create jobs, according to the OECD’s latest Economic Survey of France. The Survey, presented in Paris […]

Revive Lincoln’s Monetary Policy: an Open Letter to President Obama

Revive Lincoln’s Monetary Policy: an Open Letter to President Obama by Ellen Brown posted Apr 07, 2009 President Obama at the We Are One Inaugural Celebration at Lincoln Memorial Dear President Obama: The world was transfixed on that remarkable day in January when, to poetry, song, and dance, you gazed upon Abraham Lincoln’s likeness at the […]

Money from Nothing: How Private Banks Create Money and Ideas for Reform of the Monetary System by James Robertson — YES! Magazine

Money from Nothing Supplying money should be a public service, not a cash cow for banks. by James Robertson posted Jul 07, 2009 The way money is created and issued, who creates it and in what form—as debt or debt-free, in one currency or another—largely determines whether a financial system works fairly and efficiently or […]

Money creation out of dept: Fractional Reserve Banking

 

Money Creation

Understanding how money is created provides a foundation for appreciating the implications of our massive levels of debt, because it tells us how that debt came into being. As John Kenneth Galbraith once said, “The process by which money is created is so simple, the mind is repelled.” Dr. Martenson walks us through this simple […]

How money is created today: The rules of the economy by Positivemoney.org.uk

    1. MORE MONEY in the economy –>> MORE DEPT Problem is : But a damaged banking system means that today banks aren’t creating enough money. W have to do it for them Sir Mervy King, GOvernor of the Bank of Enland.   2. LESS DEPT –>> LESS MONEY n the economy When people […]

The financial crisis of 2007/08 occurred because…..

The financial crisis of 2007/08 occurred because we failed to constrain the private financial system’s creation of private credit  and money. Lord Adait Turner, Chairman of the Financial Sevices Auhority

Bank of England

By far the largest role in creating broad money is played by the banking sector…..Whan banks make loans they created additional deposits for those that borroxed the money. Bank of England

Money creation: 97% by private banks, 3% by central bank

The essence of the monetary system is the creation of monye, out of nothing, by private bank’s often foolish lending. Mertin Wolf, Financial Times, 9th Nov 2012

Using Visual Recognition to Tap into the Consumer Mind-set – Forbes

Using Visual Recognition to Tap into the Consumer Mind-set Paul Dunay, gyro Marketers have been trying to capture that magic moment when a potential consumer is actually looking to interact with their brand. Back in the day, we had to rely on “inferred interests” gathered from demographics, psychographics and other data to estimate what segments might […]

Carrefour in Turkey: not so supermarket | beyondbrics

Carrefour in Turkey: not so supermarket Mar 25, 2013 4:46pm by David O’Byrne A long-running spat between Turkey’s Sabanci and retail partner Carrefour has taken another downward turn: Haluk Dincer, head of Sabanci Retail and Insurance, says the group has lost patience with its French counterpart and that if it can’t get what it wants, […]

Turkey’s Economic Growth Slows Sharply – WSJ.com

ISTANBUL—Turkey’s rate of economic growth slowed sharply to 2.2% in 2012, the Turkish statistics agency said, as weak domestic demand and spillover from the European debt crisis took its toll after two years of rapid expansion that rivaled China. Turkish Economy Minister Zafer Caglayan delivers a speech in Madrid on Nov. 27, 2012. According to […]

Turkey makes great strides with Islamic banking | Free Malaysia Today

Turkey makes great strides with Islamic banking April 1, 2013 By Kazi Mahmood KUALA LUMPUR: The Turkish Islamic banking and finance sector commands a 5% to 6% of the nation’s overall banking assets, much lower compared to Malaysia’s 20% or US$65.6 billion (RM202.7 billion) in assets in 2012. The secular Turkey is making great strides […]

10 M&A Mistakes to Avoid | MSPmentor

10 M&A Mistakes to Avoid Posted April 1st, 2013 by Intronis Guest Blog Last month I shared my insight on M&As and making your business more attractive to partners of all types – investors, mergers or acquisitions – whatever path appeals to you. I’ll be honest, the process is complex, and there are more mistakes […]

Busy M&A Quarter Doesn’t Persuade Skeptics – WSJ.com

By SHARON TERLEP A string of blockbuster deals to kick off 2013 invigorated the merger-and-acquisition business but didn’t convince deal makers that a global revival is under way, as activity around the globe remains muted and the U.S. market still faces challenges. Global deal volume reached $609 billion in the first quarter, up about 10% […]

18th century crises: Panic of 1796-97

From Wikipedia, the free encyclopedia The Panic of 1796–1797 was a series of downturns in Atlantic credit markets that led to broader commercial downturns in both Britain and the United States. In the U.S., problems first emerged when a land speculation bubble burst in 1796. The crisis deepened when the Bank of Englandsuspended specie payments on February 25, 1797 under the Bank […]

18th century crises: Credit crises of 1772 orginated in London

Credit crisis of 1772 source: wikipedia The Credit Crisis of 1772 originated in London and then spread to other parts of Europe, such as Scotland and Netherlands. Before crisis From the mid 1760s to the early 1770s, the credit boom, supported by merchants and bankers, facilitated the expansion of manufacturing, mining and internal improvements in both […]

18th Century Crises: South Sea Bubble

South Sea Bubble The Governor and Company of the merchants of Great Britain, trading to the South Seas and other parts of America, and for the encouragement of fishing, commonly called the South Sea Company,[1] was a British joint-stock company founded in 1711, created as a public-private partnership to consolidate and reduce the cost of national debt. The company […]

17th century: Tulip mania

Tulip mania was a period in the Dutch Golden Age during which contract prices for bulbs of the recently introduced tulip reached extraordinarily high levels and suddenly collapsed. At the peak of tulip mania, in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsman. It […]