The business world is closely tied to the world of politics, with trade liable to be put in peril or even shut down at a moment’s notice if a nation’s government puts a lid on it. Diplomatic efforts can either grease the wheels of individual businesses through granting monopolies or promote free-trade that can bring […]
How Diplomacy Is Affecting Foreign Investments Read More »
People who cannot learn from the past are doomed to repeat it.
This popular adage rings true for your business too. As such, business owners must take deliberate measures to avoid repeating past mistakes to secure success in the future. After due reflection on previous investment blunders, one must review them and come up with a report detailing specific steps of avoiding such oversights in the future. A 2010 study by the Ivey Faculty detailed the leadership mistakes that led to the global financial meltdown of 2008. Here are some of the lessons you can learn from these epic business failures:
Learning from Past Mistakes like Groupthink Read More »
In the current tax season, one of the greatest challenges of business, especially in the US, is the inevitable tax increase especially since the government is likely to implement the increases hand in hand with government spending cuts. This situation is causing a high level of uncertainty in business taxes and could potentially have significant repercussions. In view of the uncertainty in this tax season, it is also important for you to understand how various factors may affect your business’ bottom line.
New Factors Affecting Your Business this Tax Season Read More »
The only thing Constant in Life is change. Those who adapt quickest thrive… Those who adapt slowly survive… Those who don’t adapt at all… are relegated to the lowest levels of existence… Poverty and misery. The key to success is to adapt quickly… it will put you at the head of the pack. ~Tim McMahon,
Advances in Health Technology Read More »
Almost six years later, the recession of 2007-2008 hovers on the edge of rearing its ugly head again unless the major world economies find a way to stabilize and steadily grow. The unemployment rate and the American economy have had some relief, however, the threat of another recession is very real. For example, imports and exports for the United States in 2012 were extremely lopsided with the weight on imports. The country accepted $2.09 trillion in imports but exported only $1.41 trillion. In other words, the U.S. had a net outflow of .68 Trillion. In the long run, this will be a drain on our economy. But what does that have to do with an individual?
Alternatives to Trading in a Shaky Economy Read More »
Often we take the ability to access our funds in the bank for granted. But it wasn’t always this way. Throughout history, there have been runs on the bank. People fear that they won’t be able to get their money out and all rush to the bank at once to try to get theirs first.
What We Can Learn from the Crisis In Cyprus Read More »
Retirement is supposed to be enjoyable but it is difficult to enjoy it if you have to worry about money. In recent years retirement has changed. Previously, pensions were common and when you retired you could rely on a steady income for the rest of your life. But things are increasingly changing. Some people these
Do You Have Enough Retirement Income to Not Worry? Read More »
When you think of banking in the Middle East the Emirates and Dubai are generally the first to come to mind. However, away from the main stage, the kingdom of Bahrain holds much of the hidden potential which could bring the whole region to new levels of worldwide financial excellence.
Bahrain Business and Banking: Hidden Potential Read More »
From humble beginnings, the Toronto Stock Exchange (“TSX” or “the Exchange”) has expanded significantly and is currently the largest stock exchange in Canada and the seventh-largest across the globe (based on total market capitalization). In North America, TSX ranks third and is only surpassed by the two largest and best-known exchanges in the world – the New York Stock Exchange (NYSE) and NASDAQ. Today, virtually all financial professionals in Canada – from traders in Vancouver to insurance brokers in Toronto – have to be cognizant of the daily fluctuations which occur on the TSX.
The State of the Toronto Stock Exchange Read More »
The Dow has been setting record highs for over a week now. You’d think the economy was booming or something. But as I’ve said before perhaps it is all just “funny money.” Is it possible that even though inflation isn’t affecting the price of most commodities it is affecting the stock market? After all, if people are concerned about their future, rather than spending money they save it but if the banks aren’t paying enough interest to cover inflation perhaps you might consider putting it in a mutual fund? That would drive up the price of stocks encouraging more people to choose mutual funds over banks. Hmmm. In today’s article Eric Frye looks at the stock market in a very different way.Â
Three cheers for the Dow Read More »
