Emerging markets dont' have it any easier

For many people the transfer of wealth from west to east is a cause for concern. China’s unbridled rise (one which some believe will place them in the seat currently held by the USA), with India not far behind is one aspect of it. The other is that of oil rich middle eastern countries using their Sovereign Wealth Funds (SWF’s) to buy up assets of western companies a knock down prices – although to be fair they have lost billions by doing so as values fell further since the time of purchase.

However, it seems that in this global world we truly are all connected. An article in SiliconeIndia has indicated that within the next ten days many companies there will have to shed 25% of their employees in order to cope with their financial crisis. The Reserve Bank of India has …

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Emerging markets dont’ have it any easier

For many people the transfer of wealth from west to east is a cause for concern. China’s unbridled rise (one which some believe will place them in the seat currently held by the USA), with India not far behind is one aspect of it. The other is that of oil rich middle eastern countries using their Sovereign Wealth Funds (SWF’s) to buy up assets of western companies a knock down prices – although to be fair they have lost billions by doing so as values fell further since the time of purchase.

However, it seems that in this global world we truly are all connected. An article in SiliconeIndia has indicated that within the next ten days many companies there will have to shed 25% of their employees in order to cope with their financial crisis. The Reserve Bank of India has …

Read More