Five Emerging Economies that Will Change the World

Five Emerging Economies that Will Change the World
Some countries seem better positioned and better managed than others. Here are five of our choices for the next emerging economies.

GLOBAL ECONOMY

Oil and Gas Optimism on the Rise, according to Industry Executives
Despite continued economic uncertainty, the outlook for the oil and gas industry has improved since last year and investment intentions have strengthened significantly.

Georg Fischer AgieCharmilles Wins Major Order in China
GF AgieCharmilles, a corporate group of Georg Fischer, announced today the signing of the largest single order in its history, placed by Chinese manufacturer.

Risk of Severe Global Downturn is Fading, IMF says
The chances of Europe's financial problems triggering a worldwide downturn have fallen since the euro zone took several actions to deal with the sovereign-debt crisis.


FINANCE AND ACCOUNTING

CFOs' Job Description includes more Risk Management, survey says
The CFO role is increasingly becoming about risk management, according to a survey by CFO Magazine.

5 Stocks Buffett Gives the Green Light in His Annual Letter
For the Berkshire Hathaway investor, Warren Buffett's annual letter to shareholders is required reading. Of course, the letter should really be required reading for any serious investor.

BRICS Bank Proposal to be Discussed at March Summit, Russian Official says
Leaders from the world’s biggest emerging markets will ask their finance ministers to study a proposal for a bank funded exclusively by their nations at a summit in March.


“When you meet a man, you judge him by his clothes; when you leave, you judge him by his heart.”
- Russian Proverb


KEY MEXICO INDICATORS
(Source: Mexico Central Bank)

FEB / JAN / DEC

Exchange Rate: MXN to USD
12.7891 / 13.0077 / 13.9546

Exchange Rate: MXN to EUR
17.1911 / 17.0792 / 18.0733

Exchange Rate: MXN to CAD
12.9685 / 13.0204 / 13.6569

Exchange Rate: MXN to GBP
20.6802 / 20.5707 / 21.6946

Country Risk (basis points)
178 / 179 / 187

Bolsa (IPC BMV)
38,027.31 / 37,422.68 / 37,077.52

Cetes 28d
4.27% / 4.32% / 4.31%

Inflation
3.34% / 3.82% / 3.82%

UDIs
4.758819 / 4.644834 / 4.691316

International Reserves (M USD)
147,968 / 147,381 / 142,475



MEXICO AND LATIN AMERICA

Mexican Companies invest in Brazil
Mexican companies from different sectors such as Grupo Posadas, Homex, Grupo Geo, Cinepolis and Kidzania invest in expansion into the Brazilian market.

Brazil Analysts Increase 2013 Inflation Forecast to Highest on Record
Economists covering Brazil increased their 2013 inflation forecast to the highest on record after the central bank reiterated it would continue cutting its benchmark lending rate.

Europe could take Lessons from Mexico’s Tequila Crisis, G-20’s Host says
European nations, struggling to end their debt crisis, should look at Latin America’s triumph over decades of financial crashes as a blueprint for resolving their woes.

Interview with Marcel Gaudreau, Former General Delegate of Quebec to Mexico
Marcel Gaudreau provides an interesting overview of the excellent relationships between Quebec and Mexico, highlighting economic, cultural and political facts.


OTHER TOPICS

Fortune’s Most Admired Companies
For the 50 most admired companies overall, Fortune's survey asked business people to vote for the companies that they admired most, from any industry.

Four Valuable Passports that Anyone Can Obtain
Banking in one place; setting up a brokerage in another; investing in another; owing property in another. Taking these steps can make your life much much easier.


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The Most Overpaid CEOs

The Most Overpaid CEOs
Which public companies from the S&P 100 are paying their CEOs much more than they deserve.


GLOBAL ECONOMY
Every part of U.S. economy is improving except housing
Economic activity is accelerating in every region of the U.S. and in every sector of the economy except housing, the Federal Reserve said.

Swiss Franc the Most Overvalued Currency in the World
The publication's Big Mac Index compares the price of the McDonald's burger in 100 countries across the world in order to assess the value of currencies.

U.S. corporate dividends are on track to set a record in 2012
Firms included in the S&P 500 index paid $240.6 billion in dividends in 2011, the most since 2008.

Georg Fischer acquires US market leader in industrial piping systems
Georg Fischer announced today that it has agreed to acquire Harvel Plastics Inc., the US market leader for industrial plastic pipes. This is another step in the implementation of Georg Fischer’s strategy to further expand its piping systems business worldwide.


FINANCE AND ACCOUNTING

Study: High CFO pay can lead to earnings manipulation
Companies whose chief financial officers are paid large bonuses report higher discretionary accruals, excess sales and face more lawsuits, a study finds.

4 Steps for assessing your Company’s risk
The risk-factors section of an annual report is one of the least liked sections, but also one of the most important.

Swiss Private Bank Charged in U.S. With Aiding Tax Evasion
A 270-year-old Swiss private bank was accused in a U.S. indictment with helping American clients evade taxes.




"Enjoy the little things, for one day you may look back and realize they were the big things." - Robert Brault


KEY MEXICO INDICATORS
(Source: Mexico Central Bank)

JAN / DEC / NOV

Exchange Rate: MXN to USD
13.0077 / 13.9546 / 13.6275

Exchange Rate: MXN to EUR
17.0792 / 18.0733 / 18.3126

Exchange Rate: MXN to CAD
13.0204 / 13.6569 / 13.3721

Exchange Rate: MXN to GBP
20.5707 / 21.6946 / 21.3862

Country Risk (basis points)
179 / 187 / 136

Bolsa (IPC BMV)
37,422.68 / 37,077.52 / 36,829.15

Cetes 28d
4.32% / 4.31% / 4.24%

Inflation
3.82% / 3.82% / 3.48%

UDIs
4.644834 / 4.691316 / 4.73354

International Reserves (M USD)
147,381 / 142,475 / 140,025


MEXICO AND LATIN AMERICA

PEMEX lost presence in the U.S.
With the supply of Russian gas, the American demand for this Pemex product decreased 30% in five years.

If you’re An Engineer, You Should Really Consider Moving To Brazil
Brazil has budgeted $500 billion in infrastructure spending through 2014, more than double Portugal's annual gross domestic product.

Televisa Falls as $1.6 Billion Iusacell Purchase Vetoed
Televisa, the world’s largest Spanish-language broadcaster, fell after Mexico’s antitrust agency rejected its $1.6 billion plan to enter the nation’s mobile-phone market.


OTHER TOPICS

Interview with the Director General of the Taiwan Office in Mexico
Andrea Sing-Ying Lee is a man with a profound sympathy for Mexico and its culture.

Five Deadly Business Sins
Two avoidable mistakes were enough to trip up Eastman Kodak, once one of America's mightiest companies.

How social media will reshape the workplace
Young leaders are forcing organizations to adopt social media in the workplace. Tomorrow's employees will be used to a more open and public style of communicating.


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