First page of the finance archive

Thai Government

Posted by Carlota on June 22, 2018 with Comments Closed
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The first example of the role of computers in such a powerful crisis, although important also had the macroeconomic factors. U.S. stock market lost almost a quarter of its value in one day, but still does not know the exact cause of it. The Asian financial crisis. The Thai Government has ceased Artificial maintenance of the value of the baht against the dollar. Baht has fallen by half, and the Thai economy faced. The crisis has spread rapidly across Asia. National currency loses its stability, equity markets fell as the price of the asset. The Thai stock market fell by 74%, Hong Kong – 23%, while South Korea – 7% in one day. Asian economies went into recession, slowing global economic growth. Well assimilated these lessons, Asian governments have created powerful reserves and, perhaps more than any other protected by the current crisis. Dot.Kom collapse and September 11. Popularization of the Internet brought hope for a new online markets, which are selling like hot cakes came from companies and stockbrokers. But newly registered companies disappeared one after another.

During the week of March 2000. The U.S. Nasdaq index lost about 9%. The Dow Jones managed to avoid this fate before the terrorist attacks of September 11 2001., After which he went down on the maximum number of points to the same mark. A recent example that shows what can happen when a bloated stock market, pushed the exchange activity suddenly drops. Credit Crisis. It started with subprime mortgages in the U.S. who are impaired, when the homeowners failed to pay their loans. The housing market collapsed and with it respected investment banks Wall Street companies, stock markets and global economy. In the United States over one trillion dollars was lost in one day – September 29, 2008., When the Dow Jones staged anti-record, falling to 777.68 points. Salvation is still not clear at the time, as complex financial system continues to unravel day by day. Experts say that today the world came close to another Great Depression. Likely to follow stricter regulation and international risk management measures. Look for another opportunity as honestly and consistently make money (eg the Internet) where you will appreciate. Frustration befall only those who have nothing but ambition.

Pension Reform

Posted by Carlota on March 12, 2018 with Comments Closed
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There are enough reasons for cautious attitude to the pension reform on the part of most of our fellow citizens. Some of them are based on negative experiences with previous generations, others are not quite rational character. Attitudes toward pension reform, the possibility to dispose of their pension savings, it would be quite different if we all saw the part of the state not only an attempt to shift the responsibility for our shoulders, but first and foremost real care of current retirees. Agree, hard to believe promises of a better future, watching the dreary present. However, whatever the immediate results of the pension reforms miss the opportunity to dispose of its funded part of pensions are not the best solution. For more information see this site: Elon Musk.

If we consider the most common objections are not willing to transfer the management of their savings in any other structure, except for the state, we can conclude that the real reason is actually not so much. Read more here: Vikas Kapoor. Here they are: 1. My pension will manage non-financial entities, from which I will be very dependent in old age. Under current legislation strictly regulates and monitors the activities of private pension funds and asset managers the financial organization that violates the conditions work with pension savings will not last for any considerable time and cause serious damage to savings. In addition, the State shall bear subsidiary liability for obligations of the Pension Fund of the Russian Federation to the insured. (Article 5 of the Federal Law on 15.12.2001g. N 167 of the Federal Law 'On Mandatory Pension Insurance in the Russian Federation').