Oh.
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Business Start-up and Expansion, with an emphasis on International Trade
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Posted in anarchy by John Wiley Spiers | 0 comments
Posted in anarchy by John Wiley Spiers | 0 comments
In September 2011, the State Council issued Several Opinions on Supporting the Building of the Kashgar and Khorgas Economic Development Zones, which clearly spelled out the relevant supporting policies and established Khorgas' special position in the opening up of Xinjiang, and indeed China, to the outside world. Khorgas was officially established as a city in September 2014 and combines the characteristics of a border area, a customs checkpoint, a commercial city and an international city. It is positioned as a gateway for international trade "linking the east and the west" and a bridgehead for opening up to the west.This suits China, a huge project people. The city they built is empty right now, and China has built several empty cities. but what is different this time is they have built one of each thing that worked in the last 30 years, plus under the rules that work.
Posted in anarchy by John Wiley Spiers | 0 comments
Posted in anarchy by John Wiley Spiers | 0 comments
Getting interest on your gold: that sounds suspiciously close to what fractional reserve banks do to incentivize depositors to fund them with the unsecured liability known as cash; a liability which as Europe is learning the hard way can be bailed in at any given moment. But that is impossible, because as Ben Bernanke will attest, gold is not money, it is tradition. So how can this be?Read the article for the rundown on this odd development. What other upside down phenomena are heading our way?
Posted in finance by John Wiley Spiers | 0 comments
Posted in anarchy by John Wiley Spiers | 1 comments
The as-reported P/E of the Russell 2000 is negative because of the many ‘1 time’ non-cash charges that must be reported because of GAAP.”Will there be a race to the bottom, who can get lower, equities or bonds?
Posted in finance by John Wiley Spiers | 0 comments
Posted in govt regulation by John Wiley Spiers | 0 comments
Overall, Russia's transit through the Baltic State seaports contracted by some 15%-20%. This was down to the government policy of prioritising cargo flows through the national seaports around St Petersburg. This policy was reinforced by the counter-sanctions Russia imposed on the EU countries as a consequence of the Ukrainian crisis.
Russia's seaports have also benefited from the fact that import tariffs and other fees are payable in the Rouble, with its devaluation making the Euro payments expected by the Baltic ports less competitive. For the coming year, it is expected that coal, petrochemicals and iron ore exports will continue to be consolidated into the Russian Baltic seaports.
Posted in globalisation by John Wiley Spiers | 0 comments
It’s an unfortunate historical anomaly that people think about the paper in their wallets as money. The dollar is, technically, a currency. A currency is a government substitute for money. But gold is money.Doug has to get apologetic? "Technically?" Sheesh.... nothing technical about it, and no need to apologize.
Now, why do I say that?
Now, the first thing that should jump out at you there is that Friday is a weekend in Bangladesh, a fact which probably should have set off alarm bells. But alas, it didn’t and by the time the hackers who sent the transfer instructions screwed the pooch by spelling “foundation” wrong in one of the requests, more than $80 million was sent to the Philippines where it landed in four accounts and eventually ended up transferred to at least two casinos and one unidentified man “of Chinese origin” who has since been named as a Weikang Xu.Read the whole article, especially the point where the Filipines has an exception to anti-money laundering laws: casinos! So if you can get digits in to a casino, trade for chips, then return the chips for dollars, and then disappear without a trace, you converted from digital to paper, a step up. With paper you can buy gold without a trace.
Posted in finance by John Wiley Spiers | 0 comments
Life insurers’ stock prices have suffered. Shares of 10 of the most prominent U.S. life insurers have lost 12% since 2008, wiping out nearly $30 billion in market value in a period when the broader market gained 40%, according to FactSet.
Long-term-care insurance is one of the products hardest hit by low interest rates, because insurers bank on investing customers’ premiums for 20-plus years before claims come due. Eight million Americans own the policies, and many face annual bills that are 50% higher than before the financial crisis, according to regulatory filings and interviews with financial advisers.
Posted in finance by John Wiley Spiers | 0 comments
CRN | Campus / Bldg / Rm | Time | Days | Dates |
---|---|---|---|---|
24328 | CLIMB Ctr / CLIMB / 303 | 09:00 AM-04:50 PM | Sa | 23-Apr-2016 thru 23-Apr-2016 |
Instructor: John W Spiers Notes: One hour lunch break. Tuition: $79.00 Fees: $0.00 |
Posted in design, International Trade Data, international trade seminars, New Business Opportunities / Trade Leads, product development, sales, trade shows by John Wiley Spiers | 1 comments
So if the government can snoop on the data of foreign customers, they become a party to those contracts, and we can’t control that. We’re just businesses and private individuals. We have no power over what the government does, especially on national security. But it certainly has an impact on our growth. Because you’ve seen it—after the leaks from Edward Snowden, the sales of American cloud companies have been reduced in Europe.Sigh. Just outsource the work to Russia, or China, of Burkina Faso for that mater, and work around the people who write rules utterly disconnected from reality.
Posted in design by John Wiley Spiers | 0 comments
Posted in anarchy, falling prices by John Wiley Spiers | 0 comments
You want to make your own money? You ready to be self-employed? You have no money, contacts, experience, and not much time? How do you g...
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