Posts Tagged Europe
Emerging Protectionism in Emerging Markets?
One of the primary factors that changed a recession into the Depression of the 1930s, was protectionist legislation enacted in the United States. This set off retaliatory moves by other nations that led to catastrophic reductions in global trade. Ultimately, protectionism combined with increased taxation, pushed the World into Depression as well prolonged it until [...]
European & American Entrepreneurs
Michael Arrington at www.techcrunch.com really changed my mood!!! With all the recent press about challenging times for entrepreneurs, the global economic crisis, decline in emerging market growth, and the general feeling of doom and gloom out there., it is nice to know that a few people are looking at this period as a time for [...]
Ukraine Industrial Production
As we mentioned on the MBS, Ltd. Blog recently, the decline of Ukraine’s currency-the hryvnia- should impact exports, making steel more competitive in the global marketplace.
Changes in Ukrainian law allowing greater foreign investment in strategic industries will also help develop this crucial sector of the Ukrainian economy.
At the current time, industrial output is declining in [...]
No Auto Bailouts in Emerging Markets
It is no news that the Global Economic Crisis has had a huge effect on car sales in both mature and emerging markets. In the United States, three domestic manufacturers-General Motors, Ford and Chrysler- are facing bankruptcy while the United States Senate debates whether to proceed with a “bailout.”
In all economies, frozen credit markets [...]