McRae Capital Management‚ Inc. Investment Counsel Number 48 April 2007 COMMENTARY Investing abroad by staying at home Putting your money into foreign stocks is like vacationing in other countries: The lure is intriguing‚ but where you go and how you go about it make all the difference. by Peter McRae ost people like foreign travel. And why not? It broadens your perspective. You see things you’ll never see in the U.S. You’re exposed to different people and different cultures
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The South African Arms Deal‚ finalised in 1999‚ became mostly known for the bribery that was used to gain the contracts. The Schabir Shaik trial arose partly from this scandal. Former National Police Commissioner and ex-President of Interpol‚ Jackie Selebi‚ was convicted on corruption charges in July 2010‚ for receiving money from alleged crime-syndicate boss‚ Glenn Agliotti. The wife of South Africa’s minister of state security‚ Siyabonga Cwele has been arrested‚ charged with drug-trafficking. The
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that businesses require for long-term survival‚ in terms of economically‚ environmentally and socially. It is fully compatible with the natural ecosystems that generate and preserve life. This is to ensure that with social and environmental activities been firmly rooted‚ it can still be available for future generations usage. Economically sustainability Company managed economic sustainability through internal factors like investing in intangible assets whereby companies can invest in human capital
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An example of thinking economically is deciding whether to go out for the night with your friends or to stay home and study for a test. You are giving up either quality time and memories with friends or how well you do on the test. Thinking economically would be to stay home and study for your upcoming test because doing well in school will eventually bring you more wealth through better job opportunities. What you are giving up better know as the opportunity cost would be time spent with your
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Newspapers ............................................................................... 3 f) Tax side and revenue side ................................................................................................................ 3 4. Target Country Business Environment ................................................................................................ 4 a) Strengths
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Title: Skills for Study 1 Assessment: Essay Assignment Title: To what extent does globalisation economically benefit developing countries? Tutor Name: Graham Henderson Student ID Number: 2059661 Date of Submission: October 25‚ 2012 Globalization is a source of both hope and apprehension‚ especially for developing countries. During the past several decades the greater accesses to developing country markets have improved the productivity and living standard and brought significant benefits
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Investing in TUFS 1. What went wrong with the TUFS investment and what can be done to prevent these problems in the future? TUFS is the Technical Underwriting Financial System and was the biggest distinct outlay in IT by the Northern Insurance Company. They faced the difficulties in first few months and the team found very hard to finish it. The concerns are related with the efficacy and the upcoming prospects for the top notch evolution in underwriting process. Then it converted in to the key
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paragraph describing how we will be economically interdependent when we open our hotdog stand. You may use the rubric check your ideas Let’s open a hot dog stand! This is what we will need: ● ● ● ● ● ● Hotdogs Buns Condiments Electricity (to cook the hotdogs) Paper plates and napkins to serve the hotdogs Paragraph Describing Economic Interdependence We want to open a hot dog stand. Well by looking at our supply list of needs to start this business endeavor we will be economically interdependent for most if not all of our needs
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Case Summary Investing in TUFS The case refers to a company called Northern Insurance and their huge investment on TUFS (Technical Underwriting Financial System). That system was the largest investment ever made on IT by Northern Insurance and it was supposed to assist the company by “streamlining the underwriting process and providing strategic e-business capabilities”. Yet‚ after a couple months‚ TUFS became the cost-center of the company‚ spending almost $4 million‚ and therefore the CIO
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Politically Correct to a Fault For the first time in our history‚ Americans have to be fearful of what they say‚ of what they write‚ and of what they think. There is an importance of using politically correct statements to address the diverse population. They have to be afraid of using the wrong word‚ a word denounced as offensive or insensitive‚ or racist‚ sexist‚ or homophobic. (Lind) The First Amendment is not supporting the theory of free speech currently because everyone from authority figures
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