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Showing 11 - 16 of 16 results for "Zimbabwe"

It's all about China

BENJAMIN ONG  |  WEDNESDAY, 3 JUN 2009
... cent at its height in July 2004) and the collapse of the Zimbabwean dollar just a few years earlier. But the US is no Zimbabwe and the US dollar remains the major reserve and transaction currency of the world. Nobody thinks that the US dollar would be ...

Fresh mint

BENJAMIN ONG  |  THURSDAY, 19 MAR 2009
... now, adjustments will have to be made to reflect the new US dollar supply and demand equilibrium. May I remind you of Zimbabwe. A depreciating currency increases the value of debt owed to international creditors. China must be nervously biting its fingernails ...

Sucked in

BENJAMIN ONG  |  TUESDAY, 27 JAN 2009
... rates. It would make a mockery of finance, the same way the CDOs (collateralized debt obligation), sub-prime lending and Zimbabwe printing Z$100 trillion notes have. So what is the Fed going to do? Given the extent of the problem - and without ammunition ...

Que sera, sera

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2008
... as many dollars as it wants. Yes there will be negative long-term repercussions but it would not be a fate worse than Zimbabwe. If financial and economic conditions were not so grave, it would be downright funny. Just think, the US Central Bank and its ...

Free money can be costly

BENJAMIN ONG  |  SUNDAY, 23 NOV 2008
... slowdown in emerging markets, it is safe to assume that easing prices in the US are also happening elsewhere -- except in Zimbabwe. This is good news right? Yes and no. It is good news if inflation slows but remains positive. Bad news if prices stop ...

Africa's investment renaissance

RUTH LIEW  |  TUESDAY, 1 JUL 2008
Africa may be under the radar for many institutional investors but certain pockets are going through a period of economic renaissance, according to Investec Asset Management, one of the leading fund managers in the region. Investec, which is a relative ...
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