China is once again buying up the United States debt from other countries. With the way the Euro is going the financial world still sees the United States dollar to be the most substantial return for their dollar. Even with the economic crisis the dollar seems to be a better play then the Euro. As stated in the article "for the time being the US dollar is still stated as the worlds reserve currency". China is even buying up the US Treasury Securities. Even with low interest rates countries are buying up United States Securities because it's the safest play for their countries money. If the United States doesn't face their debt burden we could see a crisis similar to Europe's current problems. With the United States interest rate at a low 3 percent countries feel that a small return is better than a loss of money.
http://money.cnn.com/2010/06/15/markets/thebuzz/index.htm
Sunday, October 17, 2010
Sunday, October 10, 2010
Gun Smuggling to the Ivory Coast
Man is charged in recent news for attempting to ship 4,000 9mm Glock handguns, 200,000 bullets, and 50,000 tear gas grenades to the Ivory Coast. There is a presidential election on Oct 31. There is more people involved but are under diplomatic immunity. The man being charged is from San Francisco, California. He is suspected to be involved with Nguessan Yao, an Ivory Coast army colonel, whom is also being charged. The charges are against the Californian due to the embargo sanctions on the Ivory coast for arms trade.
Current issues for the Ivory Coast are human trafficking, illegal drug trade and ethnic issues. The UN currently has over 9,000 troops in the this West African country. United States sanctions also include any dealing with Ivory Coast citizens within a banking matter.
http://www.google.com/hostednews/ap/article/ALeqM5hx3NmTXgQ7uRqNBFTMqbFTx_TzdAD9IOU64G0?docId=D9IOU64G0
Current issues for the Ivory Coast are human trafficking, illegal drug trade and ethnic issues. The UN currently has over 9,000 troops in the this West African country. United States sanctions also include any dealing with Ivory Coast citizens within a banking matter.
http://www.google.com/hostednews/ap/article/ALeqM5hx3NmTXgQ7uRqNBFTMqbFTx_TzdAD9IOU64G0?docId=D9IOU64G0
Sunday, October 3, 2010
Swot Analysis
SWOT analysis was created by Albert Humphrey between the 1960's and 1970's. It was designed to evaluate the strengths, weaknesses, opportunities, and threats within a project or business venture. Can also be used in business planning and if there is a crisis at hand the steps to followed are outlined by SWOT.
"Albert Humphrey was born 2 June 1926 and was educated at the University of Illinois where he graduated with a B.Sc. in Chemical Engineering. After this he gained a Master's degree in Chemical engineering at M.I.T. and an MBA at Harvard University.[1] His work at the Stanford Research Institute produced a team method for planning which created SOFT analysis and this was developed into SWOT analysis." "Wikipedia.org"
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