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nilhzikei lhogxzij

Netherlands

Member since June 19, 2013


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    Fitch sends rating warning shot to India. Fitch rates both India and Indonesia BBB- with a stable outlook but the recent sharp sell-off in emerging markets, sparked by worries of a scaling back of cheap U.S. financial stimulus, has put the countries in the spotlight. The rating agency said that with currency reserves still ample despite the downward trajectory, and both governments trying to mend economic imbalances, the market turbulence was not "a trigger for rating action at this point."

    Andrew Colquhoun, Fitch's senior director for sovereigns in the region, said fears of an imminent balance of payments crises were misplaced given the current positions but stressed authorities needed to ensure market concerns were dealt with.

    Both India and Indonesia's main stock markets .BSESN .JKSE have plunged 12 percent in the last three weeks as investors have started to head back to advanced economies like the United States and Europe where growth and returns are picking up.

    The countries' currencies have received a battering too. The Indian rupee is at an all-time low after dropping 9 percent while the Indonesian rupiah is down 6.5 percent at a four-year trough.

    "The question would be if the pressure on asset prices and currencies intensified to a stage, and were long lasting enough, to impact the economic stability in these economies," Colquhoun said.

    "There would be a direct impact on credit worthiness if sovereigns ran down foreign currency l...

  • The Southwood Group Rice Drops As Stockpiles Rise

    Community, Communication Design

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    The Southwood Group is advising clients on investment strategies to maximize returns from Rice, during difficult times for this vital commodity.

    Rice, the principle food crop of Asia and an important contributor in many other parts of the world’s food holding banks is usually a safe investment, however stockpiles are growing, supply is up and trading prices are down. It is uncertain as far as profit is concerned for Rice, however with prices low and with Rice always guaranteed to be a major seller now is certainly a good time for investors to take advantage of the low prices.

    China the world’s largest importer and consumer of rice are set to purchase 3 million metric tons this month, a record amount this year. The Chinese government has increased its purchasing levels due to the low prices and as a result of their domestic supply being dealt a blow due to the discovery of a toxic metal in the rice supply in southern China. The discovery of Cadmium in domestic supply has increased the country’s need for importing resulting in China’s imports of rice being set to hit a record high later this year.

    “The assumption is often made that when prices start to fall due to stockpiling there isn’t future gains to be made, however we must remember that this is a stable addition to millions of people’s diets making it a life sustaining commodity. The agricultural commodity will always sell, the key is now selecting the right time to take advantage to this low pri...