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Who controls the world’s wealth GLOBAL wealth has increased from $117 trillion in 2000 to $262 trillion this year. That comes to $56,000 for each adult on earth. But the fortune is far from evenly distributed. In 1906 the Italian economist Vilfredo Pareto observed that 80{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of land was owned by just 20… Read entire story.
Source: Economic Issues
CFTC probes how UK group booked pipelines to ship oil from Canada
FX Forex Market Technical Analysis 22. Jan. 2013: Technical Analysis for the following Currencies: EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF EUR/JPY – Gold & Oil : EUR/USD INTRADAY: UNDER PRESSURE. Pivot: 1.337 Most Likely Scenario: Short positions below 1.337 with targets @ 1.327 & 1.3245 in extension. …
Janus Capital Group Inc.’s chief executive confirms on an earnings call that new star manager Bill Gross has invested “more than $700 million” of his own money in his new mutual fund.