<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:blogger='http://schemas.google.com/blogger/2008' xmlns:georss='http://www.georss.org/georss' xmlns:gd="http://schemas.google.com/g/2005" xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-2393562953721225658</id><updated>2024-11-01T03:35:18.175-07:00</updated><category term="economic recovery"/><category term="good economic news"/><category term="economy recession good news banks stocks bonds finance gold investments"/><category term="Economic Reviews"/><category term="labor market"/><category term="game theory"/><category term="History vs. Equilibrium"/><category term="development"/><category term="fundamentals"/><category term="public goods"/><category term="taxes"/><category term="Austrian School Of Economics"/><category term="Example in Mathematical Economics"/><category term="Milton Friedman"/><category term="credit markets"/><category term="housing"/><category term="international markets"/><category term="macroeconomics"/><category term="Anil seeks probe into RIL&#39;s &#39;huge scandal&#39; in gas investments"/><category term="Economics profession"/><category term="Europe"/><category term="Foreclosures Fall"/><category term="France"/><category term="Gas row: Ambani brothers trade charges"/><category term="Govt stake sales to please market; no deficit cure"/><category term="Govt warns pvt airlines against strike"/><category term="Jumbo Mortgage Activity Increasing"/><category term="Methodology of Economics"/><category term="PSUs for disinvestment"/><category term="Principles of Economics"/><category term="Rainfall woes weigh on market"/><category term="Retail Up"/><category term="Russia"/><category term="Sensex plunges to close around 350 points lower"/><category term="South America"/><category term="Sraffa Effects"/><category term="US Congress may extend unemployment benefits"/><category term="bad research"/><category term="competition"/><category term="evil"/><category term="externalities"/><category term="immigration"/><category term="nitial Claims Down"/><category term="sports"/><category term="subsidies"/><category term="welfare"/><title type='text'>Economic Reviews</title><subtitle type='html'>Economic Reviews, Latest Economic reviews</subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><link rel='next' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default?start-index=26&amp;max-results=25'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>138</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-1839961582685935622</id><published>2011-02-08T11:00:00.001-08:00</published><updated>2011-02-08T11:00:54.363-08:00</updated><title type='text'>Global Economic Overview: February 2011</title><content type='html'>&lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                    &lt;tr&gt;                   &lt;td style=&quot;height: 118px; width: 625px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=e11ff36de8&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;70&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                      &lt;/a&gt;                        &lt;/td&gt;                 &lt;/tr&gt;            &lt;/table&gt;                   &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;               &lt;tr&gt;             &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;             &lt;h1 style=&quot;margin:0;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;Global Overview&lt;/h1&gt;              &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 14px; line-height: 15pt; padding:0px 3px 0px 3px; font-weight: bold;&quot;&gt;Global growth optimism rises as the developed world rebounds&lt;/p&gt;               &lt;div style=&quot;padding:0px 3px 0px 3px;&quot;&gt;                  &lt;img src=&quot;http://www.thomaswhite.com/images/global-perspective/global-overview.jpg&quot; alt=&quot;Global Overview&quot; style=&quot;border:#B69F5A solid 1px;background:#FFFFFF;padding:2px; margin-right:10px; float: left;&quot; title=&quot;Global Overview&quot; /&gt;           &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt; padding:0px 3px 0px 3px;&quot;&gt;      The outlook for the global economy has improved further as some of the developed countries appear to be regaining their growth momentum earlier than expected. While the larger emerging economies are likely to continue to drive global growth this year, the better prospects for the developed world have made forecasters more optimistic. Compared to its earlier forecast of 4.2%, the IMF now expects the global economy to expand 4.4% this year, and by 4.5% in 2012.                &lt;/p&gt;                  &lt;/div&gt;                       &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;padding:0px 0 5px 3px;&quot;&gt;                       &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=edd5e4869a&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;                   &lt;/td&gt;             &lt;/tr&gt;                  &lt;/table &gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;                      &lt;tr&gt;                  &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                    &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height:15pt;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=260ac55b87&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                    &lt;/td&gt;                 &lt;/tr&gt;                       &lt;tr&gt;                   &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                 &lt;br /&gt;               &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                 &lt;tr&gt;                 &lt;td&gt;               &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; font-size:12px;&quot;&gt;Global Players&lt;/h3&gt;                   &lt;/td&gt;                   &lt;/tr&gt;                 &lt;/table&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                 &lt;tr&gt;                   &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                   &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt;  				    &lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-wayne-swan.jpg&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Wayne Swan&quot; title=&quot;Wayne Swan&quot; /&gt;  				  &lt;/div&gt;                 &lt;/td&gt;                 &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;    					&lt;div&gt;                       &lt;p style=&quot;line-height: 15pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=93e6307a54&amp;e=73d7fb3d81&quot;&gt;Wayne Swan, Deputy Prime Minister and Treasurer, Australia&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;              Australia&#39;s Deputy Prime Minister and Federal Treasurer, &lt;b&gt;Wayne Swan&lt;/b&gt;, is working on rebuilding the infrastructure and property that has been damaged in the Queensland floods.                    &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ec2f898fcf&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt;  				  				  &lt;/div&gt;  				                 &lt;/td&gt;                 &lt;/tr&gt;                    &lt;tr&gt;                   &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                 &lt;br /&gt;               &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                 &lt;tr&gt;                 &lt;td&gt;               &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; font-size:12px;&quot;&gt;Monthly Economic Reviews&lt;/h3&gt;                   &lt;/td&gt;                   &lt;/tr&gt;                 &lt;/table&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                 &lt;tr&gt;                   &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                   &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt;  				    &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/RegionReview-Europe.JPG&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Region review - Europe&quot; title=&quot;Region review - Europe&quot; /&gt;  				  &lt;/div&gt;                 &lt;/td&gt;                 &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;    					&lt;div&gt;                       &lt;p style=&quot;line-height: 15pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=056f786c54&amp;e=73d7fb3d81&quot;&gt;Europe&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;              Tensions surrounding Europe lessened in January as strong economic data from Germany lifted sentiments and successful government bond auctions reduced concerns about the immediate funding requirements of countries such as Spain and Portugal.                    &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=10f9c2186b&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt;  				  				  &lt;/div&gt;  				                 &lt;/td&gt;                 &lt;/tr&gt;                  &lt;/table &gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;                &lt;tr&gt;                &lt;td&gt;                    &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                    Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=22d5224486&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                      &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=b43d8f9804&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                      &lt;p style=&quot;line-height: 15pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=9290d6ad9b&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                      &lt;p style=&quot;line-height: 15pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                      &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                     &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;        &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=b43d8f9804&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/1839961582685935622/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/02/global-economic-overview-february-2011.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/1839961582685935622'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/1839961582685935622'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/02/global-economic-overview-february-2011.html' title='Global Economic Overview: February 2011'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-3226450235588500290</id><published>2011-02-08T09:59:00.001-08:00</published><updated>2011-02-08T09:59:40.151-08:00</updated><title type='text'>Emerging Leaders: Juan Manuel Santos, President, Colombia</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=dc2d253eeb&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 600px;&quot;&gt;           &lt;table style=&quot;width: 600px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 600px;&quot;&gt;          &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                February 08, 2011               &lt;/div&gt;             &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                   Emerging Leaders            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;           Juan Manuel Santos, President, Colombia            &lt;/p&gt;            &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;        &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;      &lt;tr&gt;     &lt;td style=&quot;width:auto;&quot;&gt;       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-juan-manuel-santos.jpg&quot; alt=&quot;Juan Manuel Santos&quot; title=&quot;Juan Manuel Santos&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;           &lt;/td&gt;      &lt;td style=&quot;width: 1%;&quot;&gt;&lt;/td&gt;     &lt;td style=&quot;vertical-align:middle;&quot;&gt;      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;The leader of every country wishes for peace. Yet, very few are able to take successful¬ steps towards achieving it. Except perhaps for Juan Manuel Santos, the President of Colombia. Since winning the elections in June 2010, Santos is enjoying consistently high popularity due to his firm measures to maintain peace and economic stability in a land long haunted by the deadly Revolutionary Armed Forces of Colombia, better known as FARC.&lt;/p&gt;      &lt;p style=&quot;margin-left:5px;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt; margin-top:0pt;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=eb91a4d259&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;&quot;&gt;Read more&lt;/a&gt;&lt;/p&gt;  &lt;/td&gt;  &lt;/tr&gt; &lt;tr&gt; &lt;td colspan=&quot;3&quot;&gt;        &lt;/td&gt;      &lt;!--      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;padding:3px 0 0px 6px;&quot;&gt;Slim was declared the world&#39;s wealthiest man, overtaking Bill Gates in 2007. At that time, his fortune was estimated at $68 billion, equivalent to almost 7% of his home country Mexico&#39;s GDP.&lt;/p&gt;--&gt;      &lt;/tr&gt;     &lt;/table&gt;   &lt;/td&gt; &lt;/tr&gt;                  &lt;/table &gt;                  &lt;/td&gt;   &lt;/tr&gt;  &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                  &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b0f975df8a&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                   &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                 &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:90px;font-size:12px;&quot;&gt;Postcards&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                 &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-colombia-peru-stock-exchange-merger.jpg&quot; alt=&quot;Real-time quotes at a stock exchange&quot; title=&quot;Real-time quotes at a stock exchange&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;    &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=53af17a482&amp;e=73d7fb3d81&quot;&gt;Colombia&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                 The Colombian stock exchange has announced that it is planning a corporate merger with Bolsa de Valores de Lima in Peru.                 &lt;br /&gt;                   &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c35491be5a&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                 &lt;br /&gt;               &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Monthly Economic Reviews&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                 &lt;/tr&gt;                 &lt;tr&gt;                &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                 &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt; 				    &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/RegionReview-Americas.JPG&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Region review - Americas&quot; title=&quot;Region review - Americas&quot; /&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px;font-family: arial,helvetica,sans-serif; font-size: 12px; height: 151px;&quot;&gt;  					&lt;div&gt;                       &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=68d1fe432c&amp;e=73d7fb3d81&quot;&gt;Americas&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;              The Americas region continues to enjoy rising optimism about the economic outlook for the current year, helped by sustained domestic demand growth and strong commodity prices.                   &lt;br /&gt;                    &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=e9d59ea7d3&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				  &lt;br /&gt;      				  &lt;/div&gt; 				                &lt;/td&gt;                 &lt;/tr&gt;                 &lt;/table &gt;   &lt;/td&gt;   &lt;/tr&gt;   &lt;tr&gt;   &lt;td style=&quot;width: 625px&quot;&gt;   &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot;&gt;               &lt;tr&gt;                &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                      Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=503c9c2669&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=7a949de57b&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=508901a590&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                      &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                     &lt;/table&gt; &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=7a949de57b&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/3226450235588500290/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/02/emerging-leaders-juan-manuel-santos.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/3226450235588500290'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/3226450235588500290'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/02/emerging-leaders-juan-manuel-santos.html' title='Emerging Leaders: Juan Manuel Santos, President, Colombia'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-8183018439130064193</id><published>2011-02-07T11:00:00.001-08:00</published><updated>2011-02-07T11:00:22.146-08:00</updated><title type='text'>Regional Economic Reviews: January 2011</title><content type='html'>&lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                    &lt;tr&gt;                   &lt;td style=&quot;height: 118px; width: 625px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b1c1427c28&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;70&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                      &lt;/a&gt;                        &lt;/td&gt;                 &lt;/tr&gt;            &lt;/table&gt;          &lt;table style=&quot;width:625px;border: 1px solid rgb(204, 204, 204);&quot;&gt;          &lt;tr&gt;          &lt;td valign=&quot;top&quot; style=&quot;padding-left: 8px; padding-right:4px;padding-bottom: 8px; padding-top: 8px; width: 534px; height: 614px;&quot;&gt;            &lt;div style=&quot;height:10px;margin:0;padding:0; width:428px;&quot;&gt;                   &lt;div style=&quot;margin:0;font-size:22px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 0px 0px; width:530px; height: 55px;&quot;&gt;                      Economic Reviews - January 2011                      &lt;br /&gt;                  &lt;/div&gt;               &lt;/div&gt;               &lt;br /&gt;         &lt;div&gt;                          &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;                         &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;width:605px;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;                       &lt;tr&gt;                       &lt;td&gt;                      &lt;p&gt;&lt;div style=&quot;padding:12px 1px 0 12px; width:592px;&quot;&gt;                          &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;                          &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot;&gt;                          &lt;tr&gt;                          &lt;td style=&quot;width: 190px;padding-left:3px;&quot;&gt;                            &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border: solid 1px #B69F5A;&quot;&gt;    &lt;tr&gt;    &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img alt=&quot;Region review - Europe&quot; height=&quot;125&quot; src=&quot;http://thomaswhite.com/images/explore-world/RegionReview-Europe.JPG&quot; title=&quot;Region review - Europe&quot; width=&quot;175&quot; /&gt;&lt;/td&gt;      &lt;/tr&gt;    &lt;/table&gt;                              &lt;/td&gt;                          &lt;td&gt;                          &lt;div style=&quot;padding:4px 3px 0 8px;font-family: arial,helvetica,sans-serif; font-size: 12px;line-height:15pt;&quot;&gt;                            &lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=0cf856edd7&amp;e=73d7fb3d81&quot;&gt;Europe&lt;/a&gt;&lt;/strong&gt;                            &lt;br /&gt;                              The tensions surrounding Europe appeared to lessen in intensity during the first month of the new year, as a spate of strong economic data from Germany lifted sentiments and successful government bond auctions reduced concerns about the immediate funding requirements of countries such as Spain and Portugal.                              &lt;br /&gt;                              &lt;a class=&quot;read-more&quot; href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=7579cafbd0&amp;e=73d7fb3d81&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;                                      Read more&lt;/a&gt;                          &lt;/div&gt;                          &lt;/td&gt;                          &lt;/tr&gt;                          &lt;/table&gt;                                &lt;div style=&quot;clear: both;display: block;visibility: hidden;height: 20px;content:&#39;.&#39;&quot;&gt;&amp;nbsp;&lt;/div&gt;                           &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot;&gt;                           &lt;tr&gt;                           &lt;td style=&quot;width: 190px;padding-left:3px;&quot;&gt;                            &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;    &lt;tr&gt;    &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img alt=&quot;Region review - Asia&quot; src=&quot;http://thomaswhite.com/images/explore-world/RegionReview-Asia.JPG&quot; title=&quot;Region review - Asia&quot; width=&quot;175&quot; /&gt;&lt;/td&gt;      &lt;/tr&gt;    &lt;/table&gt;                            &amp;nbsp;                        &lt;/td&gt;&lt;td&gt;                            &lt;div style=&quot;padding:4px 3px 0 8px;font-family: arial,helvetica,sans-serif; font-size: 12px;line-height:15pt;&quot;&gt;                           &lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=d22f5735c8&amp;e=73d7fb3d81&quot;&gt;Asia Pacific&lt;/a&gt;&lt;/strong&gt;                               &lt;br /&gt;                                In its Global Economic Prospects for 2011, the World Bank has forecasted that it expects global growth to slow to 3.3% this year. The bank confirmed recent trends indicating that developing economies, powered by growing domestic demand, are leading the global economic recovery.                                &lt;br /&gt;                                 &lt;a class=&quot;read-more&quot; href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4df018d957&amp;e=73d7fb3d81&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;                                      Read more&lt;/a&gt;                          &lt;/div&gt;                             &lt;/td&gt;                             &lt;/tr&gt;                             &lt;/table&gt;                         &lt;div style=&quot;clear: both;display: block;visibility: hidden;height: 10px;content:&#39;.&#39;&quot;&gt;&amp;nbsp;&lt;/div&gt;                                &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot;&gt;                              &lt;tr&gt;                              &lt;td style=&quot;width: 190px;padding-left:3px;&quot;&gt;                              &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;    &lt;tr&gt;    &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img alt=&quot;Region review - Americas&quot; height=&quot;125&quot; src=&quot;http://thomaswhite.com/images/explore-world/RegionReview-Americas.JPG&quot; title=&quot;Region review - Americas&quot; width=&quot;175&quot; /&gt;&lt;/td&gt;      &lt;/tr&gt;    &lt;/table&gt;                              &lt;/td&gt;                          &lt;td&gt;                          &lt;div style=&quot;padding:4px 3px 0 8px;font-family: arial,helvetica,sans-serif; font-size: 12px;line-height:15pt;&quot;&gt;                              &lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=fa77921b4f&amp;e=73d7fb3d81&quot;&gt;Americas&lt;/a&gt;&lt;/strong&gt;&lt;br /&gt;                              The Americas region continues to enjoy rising optimism about the economic outlook for the current year, helped by sustained domestic demand growth and strong commodity prices.                              &amp;nbsp;&lt;br /&gt;                                  &lt;a class=&quot;read-more&quot; href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4d03ca3870&amp;e=73d7fb3d81&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;                                      Read more&lt;/a&gt;                                      &lt;/div&gt;                          &lt;/td&gt;                          &lt;/tr&gt;                          &lt;/table&gt;                          &lt;div style=&quot;clear: both;display: block;visibility: hidden;height: 20px;content:&#39;.&#39;&quot;&gt;&amp;nbsp;&lt;/div&gt;                           &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot;&gt;                           &lt;tr&gt;                           &lt;td style=&quot;width: 190px;padding-left:3px;&quot;&gt;                            &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;    &lt;tr&gt;    &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img alt=&quot;Region review - Africa&quot; height=&quot;125&quot; src=&quot;http://thomaswhite.com/images/explore-world/RegionReview-Africa.JPG&quot; title=&quot;Region review - Africa&quot; width=&quot;175&quot; /&gt;&lt;/td&gt;      &lt;/tr&gt;    &lt;/table&gt;                            &lt;/td&gt;                          &lt;td&gt;                          &lt;div style=&quot;padding:4px 3px 0 8px;font-family: arial,helvetica,sans-serif; font-size: 12px;line-height:15pt;&quot;&gt;                              &lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=6934f678b6&amp;e=73d7fb3d81&quot;&gt;Middle East &amp; Africa&lt;/a&gt;&lt;/strong&gt;&lt;br /&gt;                                Global businesses have regained faith in the Middle East, according to a study by accountancy firm PriceWaterhouse Coopers. In its annual &quot;Global CEO Survey,&quot; the firm said that the Middle East was preferred by 70% of all CEOs, and was ranked fourth for growth worldwide.                                   &lt;br /&gt;                                  &lt;a class=&quot;read-more&quot; href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ba5677eaa4&amp;e=73d7fb3d81&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;                                      Read more&lt;/a&gt;                          &lt;/div&gt;                          &lt;/td&gt;                          &lt;/tr&gt;                          &lt;/table&gt;                          &lt;/div&gt;                         &lt;/div&gt;                             &lt;/td&gt;                            &lt;/tr&gt;                            &lt;/table&gt;                      &lt;/div&gt;                         &lt;/div&gt;              &lt;/td&gt;          &lt;/tr&gt;          &lt;/table&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;                      &lt;tr&gt;                  &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                    &lt;br /&gt;                    &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=9ac84953f5&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about over 49 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below.&lt;/strong&gt; &lt;/p&gt;                    &lt;/td&gt;                 &lt;/tr&gt;                 &lt;tr&gt;                   &lt;td style=&quot;width: 190px; height: 5px;&quot;&gt;                 &lt;br /&gt;                 &lt;table width=&quot;100px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                 &lt;tr&gt;                 &lt;td&gt;               &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:100px;font-size:12px;&quot;&gt;Global Overview&lt;/h3&gt;                   &lt;/td&gt;                 &lt;/tr&gt;                 &lt;/table&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                 &lt;tr&gt;                 &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;    &lt;tr&gt;    &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img src=&quot;http://www.thomaswhite.com/images/global-perspective/global-overview.jpg&quot; alt=&quot;Global Overview&quot; title=&quot;Global Overview&quot; /&gt;&lt;/td&gt;      &lt;/tr&gt;    &lt;/table&gt;    				  				                 &lt;/td&gt;                 &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                 &lt;div&gt;                       &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=7fd5a9819a&amp;e=73d7fb3d81&quot;&gt;Global growth optimism rises as the developed world rebounds&lt;/a&gt;&lt;/strong&gt;                       &lt;br /&gt;                  The outlook for the global economy has improved further as some of the developed countries appear to be regaining their growth momentum earlier than expected.                  &lt;br /&gt;                   &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=301ffb0f06&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;  				  				  &lt;/div&gt;  				                 &lt;/td&gt;                 &lt;/tr&gt;                       &lt;tr&gt;                   &lt;td style=&quot;width: 190px; height: 55px;&quot;&gt;                 &lt;br /&gt;                  &lt;table width=&quot;100px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                 &lt;tr&gt;                 &lt;td&gt;               &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:100px;font-size:12px;&quot;&gt;Postcards&lt;/h3&gt;                   &lt;/td&gt;                 &lt;/tr&gt;                 &lt;/table&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;tr&gt;                 &lt;td style=&quot;height: 121px; width: 190px;&quot;&gt;                     &lt;div class=&quot;blurb-img&quot;&gt;                 &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;    &lt;tr&gt;    &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-colombia-peru-stock-exchange-merger.jpg&quot; alt=&quot;Real-time quotes at a stock exchange&quot; title=&quot;Real-time quotes at a stock exchange&quot; /&gt;&lt;/td&gt;      &lt;/tr&gt;    &lt;/table&gt;  				  				  &lt;/div&gt;                 &lt;/td&gt;                 &lt;td style=&quot;font-size:12px; font-family: arial,helvetica,sans-serif; font-size: 12px; height: 121px;&quot;&gt;                 &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;                       &lt;p style=&quot;line-height: 15pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=37e0fe34d2&amp;e=73d7fb3d81&quot;&gt;Colombia&lt;/a&gt;&lt;/strong&gt;                       &lt;br /&gt;                   The Colombian stock exchange has announced that it is planning a corporate merger with Bolsa de Valores de Lima in Peru.                       &lt;br /&gt;                   &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=0a834d83f5&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;  				  				  &lt;/div&gt;  				                 &lt;/td&gt;                 &lt;/tr&gt;                    &lt;/table &gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;                &lt;tr&gt;                &lt;td&gt;                    &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                      Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=5a23612a41&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                      &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=23e9d4769c&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                      &lt;p style=&quot;line-height: 15pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=124b8aa066&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                      &lt;p style=&quot;line-height: 15pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                      &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                        &lt;/div&gt;                     &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;            &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=23e9d4769c&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/8183018439130064193/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/02/regional-economic-reviews-january-2011.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/8183018439130064193'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/8183018439130064193'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/02/regional-economic-reviews-january-2011.html' title='Regional Economic Reviews: January 2011'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-7372438892802020135</id><published>2011-02-04T06:02:00.001-08:00</published><updated>2011-02-04T06:02:18.537-08:00</updated><title type='text'>Colombia Postcard: Peru and Colombian Stock Exchanges Plan Merger</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=60f2a306a6&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt;  &lt;/tr&gt;   &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 100%;&quot;&gt;           &lt;table style=&quot;width: 592px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 585px;&quot;&gt;         &lt;img style=&quot;float: right;&quot; src=&quot;http://www.thomaswhite.com/images/explore-world/stamp-columbia.jpg&quot; alt=&quot;Colombia stamp&quot; align=&quot;right&quot; title=&quot;Colombia stamp&quot; /&gt;         &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                 February 4, 2011               &lt;/div&gt;               &lt;br /&gt;           &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                A Postcard from the Americas            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                Colombia: Peru and Colombian Stock Exchanges Plan Merger            &lt;/p&gt;              &lt;/td&gt;             &lt;/tr&gt;             &lt;/table&gt;       &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;     &lt;tr&gt;     &lt;td&gt;     &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;5px&quot; style=&quot;float: left;&quot;&gt;     &lt;tr&gt;     &lt;td style=&quot;width: 300px;&quot;&gt;       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border-width:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/postcards/img-colombia-peru-stock-exchange-merger.jpg&quot; alt=&quot;Real-time quotes at a stock exchange&quot; title=&quot;Real-time quotes at a stock exchange&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;    &lt;p style=&quot;font-size:11px;font-family:Arial, Helvetica, sans-serif;margin-top:5px;&quot;&gt;Colombia and Peru have planned Latin America&#39;s first corporate stock exchange merger.&lt;/p&gt;        &lt;/td&gt;     &lt;/tr&gt;       &lt;/table&gt;     &lt;/td&gt;      &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;line-height: 19pt;&quot; valign=&quot;top&quot;&gt;           &lt;p&gt;Consulting firm Economatica estimates that Bolsa de Valores de Colombia, the premier stock exchange in &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=dccef0bfa0&amp;e=73d7fb3d81&quot; title=&quot;Colombia Country Profile&quot;&gt;Colombia&lt;/a&gt;, has enjoyed a staggering growth of 927.9% in the last decade, more than any other country in Latin America. So when the Colombian bourse announced that it was planning a corporate merger with Bolsa de Valores de Lima in &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=89fbfb908f&amp;e=73d7fb3d81&quot; title=&quot;Peru Country Profile&quot;&gt;Peru&lt;/a&gt;, eyebrows were raised. The union not only offers the opportunity for the creation of a regional superpower exchange, but has been quickly billed as the &#39;first-ever cross-border&#39; stock market fusion in Latin America.&lt;/p&gt;      &lt;/td&gt;     &lt;/tr&gt;     &lt;/table&gt;  &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td colspan=&quot;2&quot; style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;padding:0px 0 5px 5px;line-height: 19pt&quot;&gt;     &lt;p&gt;The proposed merger should not be confused with the pending project called Integrated Latin American Market (MILA) that will integrate the Colombian, Peruvian and Chilean exchanges, and will take off in November this year. Rather, this corporate stock exchange merger creates a new company boasting a total market capitalization of $378 million, with the Bolsa de Valores de Colombia owning a 64% share and Lima holding the 36% balance. Explaining the rationale behind the move, the stock exchanges from both countries said that the merger would create a new, competitive exchange that can &quot;face the challenges of globalized capital markets.&quot;&lt;/p&gt; &lt;p&gt;There are other benefits touted. Francis Stenning, the general director of Lima&#39;s exchange, told the &lt;i&gt;Wall Street Journal &lt;/i&gt;that the fusion would generate a &#39;strategic alignment and help complement market integration.&#39; Crucially, the move could prove of immense value to both Peru and Colombia – emerging markets that are expected to drive growth in the Latin American region. A larger and more diverse capital market is the most obvious result of the merger, and should mark a huge step in taking Peru and Colombia up to the next rung on the ladder of economic and financial superstardom, especially in a region dominated by heavyweights like &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=840c0ac53a&amp;e=73d7fb3d81&quot; title=&quot;Brazil Country Profile&quot;&gt;Brazil&lt;/a&gt; and &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=f5b37fba99&amp;e=73d7fb3d81&quot; title=&quot;Chile Country Profile&quot;&gt;Chile&lt;/a&gt;.&lt;/p&gt; &lt;p&gt;Of course, the new stock exchange would still be dwarfed by MILA, which is set to combine the stocks of more than 560 companies, if and when it becomes operational. That project has run into delays and difficulties, and Stenning admitted to &lt;i&gt;Reuters &lt;/i&gt;that the test run for this &#39;big, complex project,&#39; has been extended by six weeks to allow for such eventualities. However, full integration for MILA is expected by the end of 2011. Now, questions will be raised if the Peru-Colombia venture could also run into the same difficulties. The move first needs to be approved by the boards of both exchanges as well as financial regulators. The technology that would allow such cross-listing of stocks needs to be in place. But despite these hurdles, implementation of the corporate merger is expected as early as March, and in effect will test the waters for the MILA launch.&lt;/p&gt;  &lt;p&gt;The bottom-line though is that such mergers create exciting times for a region that is already attracting heavy foreign investment. Latin&#39;s America&#39;s amazing growth story appears set for new beginnings. And fusion stock exchanges could well drive the trend this year.&lt;/p&gt;               &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                 &lt;/td&gt;  &lt;/tr&gt;                 &lt;tr&gt;                  &lt;td&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b301d3cb6a&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                   &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;BRIC Spotlight&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 188px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt; 				   &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world-new/BRIC-spotlight/img-bric-2009-china-auto.JPG&quot; style=&quot;border: 2px solid rgb(182, 159, 90);&quot; alt=&quot;Consumer goods sector in Russia: Winds of change&quot; title=&quot;Consumer goods sector in Russia: Winds of change&quot;&gt; 				  &lt;/div&gt;                 &lt;/td&gt;                &lt;td style=&quot;font-size: 12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=88cd7c0101&amp;e=73d7fb3d81&quot;&gt;Consumer goods sector in Russia: Winds of change&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                               The growth of the retail sector in Russia is intertwined with the rise of an educated middle class with purchasing power and the will to enjoy a better life. Relatively free of government intervention, the industry has opened up windows of opportunity for global retailers seeking growth in emerging markets.                  &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=2724cd2c99&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background: url(&amp;quot;http://thomaswhite.com/images/common/arrow.gif&amp;quot;) no-repeat scroll left 5px transparent; padding-left: 10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;  				 				  &lt;/div&gt;   				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                 &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Global Players&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-wayne-swan.jpg&quot; alt=&quot;Wayne Swan&quot; title=&quot;Wayne Swan&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=91c1d78042&amp;e=73d7fb3d81&quot;&gt;Wayne Swan, Deputy Prime Minister and Treasurer, Australia&lt;/a&gt;&lt;/strong&gt;                      &lt;br&gt;                Australia&#39;s Deputy Prime Minister and Federal Treasurer, &lt;b&gt;Wayne Swan&lt;/b&gt;, is working on rebuilding the infrastructure and property that has been damaged in the Queensland floods.                 &lt;br&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=6c3fd9d7e0&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table &gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td&gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;padding-left:0px;&quot;&gt;                &lt;tr&gt;                &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 19pt&quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=060819b9d4&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=00c0f7b9b7&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=e861fab1e8&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;              &lt;/td&gt;              &lt;/tr&gt;              &lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=00c0f7b9b7&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/7372438892802020135/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/02/colombia-postcard-peru-and-colombian.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/7372438892802020135'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/7372438892802020135'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/02/colombia-postcard-peru-and-colombian.html' title='Colombia Postcard: Peru and Colombian Stock Exchanges Plan Merger'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-8337545105622657888</id><published>2011-02-02T09:59:00.001-08:00</published><updated>2011-02-02T09:59:41.263-08:00</updated><title type='text'>Green Report: Cutting Carbon Emissions with Coal-to-Ethanol Technology</title><content type='html'>&lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 625px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=37f8407bc0&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;70&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;             &lt;div&gt;            &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; style=&quot;width: 600px&quot;&gt;            &lt;tr&gt;            &lt;td style=&quot;height: 154px&quot;&gt;              &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot;&gt;&lt;tr&gt;&lt;td&gt;            &lt;p style=&quot;font-family:Times New Roman, Times, serif; font-size: 19px; line-height: 16pt;color:#009933; padding-bottom:5px&quot;&gt;                FEBRUARY 02, 2011            &lt;/p&gt;              &lt;p style=&quot;font-family:Times New Roman, Times, serif; font-size: 19px; line-height: 16pt;color:#009933;&quot;&gt;              Cutting Carbon Emissions with Coal-to-Ethanol Technology             &lt;/p&gt;            &lt;/td&gt;             &lt;/tr&gt;            &lt;/table&gt;            &lt;/td&gt;            &lt;td style=&quot;height: 154px&quot;&gt;            &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;            &lt;tr&gt;            &lt;td align=&quot;right&quot;&gt;                             &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/img-raster-01.JPG&quot; alt=&quot;Green Report&quot; width=&quot;120&quot; height=&quot;100&quot; title=&quot;Green Report&quot; /&gt;             &lt;/td&gt;            &lt;/tr&gt;            &lt;tr&gt;            &lt;td&gt;            &amp;nbsp;            &lt;/td&gt;            &lt;/tr&gt;             &lt;tr&gt;            &lt;td align=&quot;right&quot;&gt;            &lt;div style=&quot;padding-right:1px; &quot;&gt;                        &lt;p style=&quot;font-family:Times New Roman, Times, serif; font-size: 24px; line-height: 16pt;color:#009933;&quot;&gt;                             The Green Report  &lt;/p&gt;            &lt;/div&gt; &lt;/td&gt;            &lt;/tr&gt;             &lt;/table&gt;             &lt;/td&gt;            &lt;/tr&gt;            &lt;/table&gt;            &lt;/div&gt;            &lt;hr /&gt;&lt;br /&gt;             &lt;div style=&quot;padding:0px 3px 0px 3px;&quot;&gt;            &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td&gt;               &lt;table border=&quot;0&quot; cellspacing=&quot;2&quot; cellpadding=&quot;0&quot; style=&quot;border:1px solid #B69F5A; margin:5px;margin-bottom:0px;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;width:172px;&quot;&gt;               &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-cutting-carbon-emissions-with-coal-to-ethanol-technology.jpg&quot; alt=&quot;Cutting Carbon Emissions with Coal-to-Ethanol Technology&quot; title=&quot;Cutting Carbon Emissions with Coal-to-Ethanol Technology&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;    &lt;/td&gt;     &lt;td style=&quot;padding:0px;&quot;&gt; &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt;  margin-bottom:0px;&quot;&gt;Coal has never been a friend to environmentalists, branded as the most polluting and unhealthiest fossil fuel. But now, the lowly coal nugget has a chance to redeem itself. Celanese, a Dallas-based chemical producer, has patented a technology that converts coal into industrial ethanol.&lt;/p&gt;     &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt;padding:3px 0 5px 3px; display:inline; &quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=f31a0cf61b&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px; &quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;   &lt;br /&gt;  &lt;br /&gt;             &lt;/td&gt;           &lt;/tr&gt;           &lt;/table&gt;             &lt;/div&gt;                   &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                    &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=538ac974c4&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                       &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Postcards&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                 &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 188px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt; 				   &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-israel-leviathan-gas-oil-field.jpg&quot; style=&quot;border: 2px solid rgb(182, 159, 90);&quot; alt=&quot;Offshore oil rig during sunset&quot; title=&quot;Offshore oil rig during sunset&quot;&gt; 				  &lt;/div&gt;                &lt;/td&gt;                 &lt;td style=&quot;font-size: 12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=69fba81681&amp;e=73d7fb3d81&quot;&gt;Israel&lt;/a&gt;&lt;/strong&gt;                      &lt;br&gt;                  The newly discovered offshore oil and natural gas field, Leviathan, has the potential to empower Israel in the Middle East region.                  &lt;br&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=665b7f5112&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background: url(&amp;quot;http://thomaswhite.com/images/common/arrow.gif&amp;quot;) no-repeat scroll left 5px transparent; padding-left: 10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;  				 				  &lt;/div&gt;   				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                 &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Global Players&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-wayne-swan.jpg&quot; alt=&quot;Wayne Swan&quot; title=&quot;Wayne Swan&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c55bfadedd&amp;e=73d7fb3d81&quot;&gt;Wayne Swan, Deputy Prime Minister and Treasurer, Australia&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                Australia&#39;s Deputy Prime Minister and Federal Treasurer, Wayne Swan, is working on rebuilding the infrastructure and property that has been damaged in the Queensland floods.                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=5e0395f2f9&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                 &lt;/table &gt;               &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4bc3929520&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;margin-top: 13.2pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=78de09055a&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                      &lt;p style=&quot;line-height: 13.25pt; margin-top: 13.2pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=a6b043be06&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 13.25pt; margin-top: 13.2pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;margin-top: 13.2pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=78de09055a&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/8337545105622657888/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/02/green-report-cutting-carbon-emissions.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/8337545105622657888'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/8337545105622657888'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/02/green-report-cutting-carbon-emissions.html' title='Green Report: Cutting Carbon Emissions with Coal-to-Ethanol Technology'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-6940253971633266282</id><published>2011-02-01T11:00:00.001-08:00</published><updated>2011-02-01T11:00:18.476-08:00</updated><title type='text'>BRIC Spotlight: Consumer Goods Sector in Russia</title><content type='html'>&lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 625px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=661843f9db&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;70&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;            &lt;h1 style=&quot;margin:0;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;BRIC Spotlight Report&lt;/h1&gt;             &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 14px; line-height: 13pt; padding:0px 3px 0px 3px; font-weight: bold;&quot;&gt;Consumer goods sector in Russia: Winds of change&lt;/p&gt;             &lt;div style=&quot;padding:0px 3px 0px 3px;&quot;&gt;                &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world-new/BRIC-spotlight/img-bric-2009-china-auto.JPG&quot; alt=&quot;BIRC Spotlight&quot; style=&quot;border:#B69F5A solid 1px;background:#FFFFFF;padding:2px; margin-right:10px; float: left;&quot; title=&quot;BIRC Spotlight&quot; /&gt;          &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt; padding:0px 3px 0px 3px;&quot;&gt; Russia has long been known as major resource exporter. Justifiably so, as the oil and natural gas sector contributes a lion&#39;s share of the country&#39;s exports and makes up a majority of its gross domestic product. Yet Russia has never been thought of as a nation of spenders, especially given its past crusades against capitalism. But some interesting statistics and a flurry of recent M&amp;A deals in consumer-oriented sectors in the country would tell a different story. Russia, with a population of 142 million, is the largest consumer market in Central and Eastern Europe. What&#39;s more, Moscow pips London as the largest city in Europe.           &lt;/p&gt;            &lt;/div&gt;               &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt;padding:3px 0 5px 3px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=62779f459f&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;                &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                  &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=deedbfc235&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about over 49 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below.&lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                 &lt;td style=&quot;width: 190px; height: 5px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;100px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:100px;font-size:12px;&quot;&gt;Country Profiles&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                 &lt;td style=&quot;width: 190px;&quot;&gt;                 &lt;div&gt;                &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-landing-russia-02.jpg&quot; alt=&quot;The Matryoshka , or nested doll&quot; title=&quot;The Matryoshka , or nested doll&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt; 				 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px;font-family: arial,helvetica,sans-serif; height: 151px;&quot;&gt;  					&lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;                      &lt;p style=&quot;line-height:15pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=30122195b1&amp;e=73d7fb3d81&quot;&gt;Russia&lt;/a&gt;&lt;/strong&gt; &amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size:12px;&quot;&gt;Updated&lt;/sup&gt;                      &lt;br /&gt;                Though Russia&#39;s GDP growth rate trails the other BRIC economies, the second half of 2010 brought some cheer. The Russian government, realizing the need to improve investor perceptions about doing business in the country, announced a $32-billion privatization of state-run assets beginning in 2011.                 &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=be53503f45&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;width: 190px; height: 55px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;100px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:100px;font-size:12px;&quot;&gt;Global Players&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 121px; width: 190px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt;                &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-wayne-swan.jpg&quot; alt=&quot;Wayne Swan&quot; title=&quot;Wayne Swan&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt; 				 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; font-family: arial,helvetica,sans-serif; font-size: 12px; height: 121px;&quot;&gt;                &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;                      &lt;p style=&quot;line-height: 15pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=77b9f63f92&amp;e=73d7fb3d81&quot;&gt;Wayne Swan, Deputy Prime Minister and Treasurer, Australia&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size:12px;&quot;&gt;New&lt;/sup&gt;                      &lt;br /&gt;                 Australia&#39;s Deputy Prime Minister and Federal Treasurer, Wayne Swan, is working on rebuilding the infrastructure and property that has been damaged in the Queensland floods.                   &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=dd58ed0f2b&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                 &lt;/table &gt;               &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                   Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=d98e425b73&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=fa0c224a03&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=61c3905a3a&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                     &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=fa0c224a03&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/6940253971633266282/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/02/bric-spotlight-consumer-goods-sector-in.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6940253971633266282'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6940253971633266282'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/02/bric-spotlight-consumer-goods-sector-in.html' title='BRIC Spotlight: Consumer Goods Sector in Russia'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-6455520588554359521</id><published>2011-02-01T07:31:00.001-08:00</published><updated>2011-02-01T07:31:25.132-08:00</updated><title type='text'>Global Players: Wayne Swan</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=6505e1df9b&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 600px;&quot;&gt;           &lt;table style=&quot;width: 600px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 600px;&quot;&gt;          &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                February 1, 2011               &lt;/div&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                   Global Players            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;           Wayne Swan, Deputy Prime Minister and Treasurer, Australia            &lt;/p&gt;            &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;       &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;     &lt;tr&gt;     &lt;td style=&quot;width:auto;&quot;&gt;       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-wayne-swan.jpg&quot; alt=&quot;Wayne Swan&quot; title=&quot;Wayne Swan&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;           &lt;/td&gt;     &lt;td style=&quot;width: 1%;&quot;&gt;&lt;/td&gt;     &lt;td style=&quot;vertical-align:middle;&quot;&gt;   &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;Australia started reeling under a series of floods in December 2010, with the floodwaters yet to recede from Brisbane, the capital of the worst hit state of Queensland. Since then, Australia&#39;s Deputy Prime Minister and Federal Treasurer Wayne Swan has found himself in the midst of a crisis situation and is now undertaking the Herculean task of rebuilding the infrastructure and property that has been damaged. After all, Queensland is in his blood.&lt;/p&gt;      &lt;p style=&quot;margin-left:5px;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt; margin-top:0pt;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c2ba05d2ee&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;&quot;&gt;Read more&lt;/a&gt;&lt;/p&gt;  &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt; &lt;td colspan=&quot;3&quot;&gt;         &lt;/td&gt;      &lt;!--      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;padding:3px 0 0px 6px;&quot;&gt;Slim was declared the world&#39;s wealthiest man, overtaking Bill Gates in 2007. At that time, his fortune was estimated at $68 billion, equivalent to almost 7% of his home country Mexico&#39;s GDP.&lt;/p&gt;--&gt;      &lt;/tr&gt;     &lt;/table&gt;   &lt;/td&gt; &lt;/tr&gt;                  &lt;/table &gt;                 &lt;/td&gt;  &lt;/tr&gt;  &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ba58a7aa20&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D;  width:150px;font-size:12px;&quot;&gt;Weekly Postcards&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-israel-leviathan-gas-oil-field.jpg&quot; alt=&quot;Offshore oil rig during sunset&quot; title=&quot;Offshore oil rig during sunset&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ffbfd304a8&amp;e=73d7fb3d81&quot;&gt;Israel&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                The newly discovered offshore oil and natural gas field, Leviathan, has the potential to empower Israel in the Middle East region.                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=8270618c90&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Monthly Economic Reviews&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                 &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt; 				    &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/RegionReview-Asia.JPG&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Region review - Asia&quot; title=&quot;Region review - Asia&quot; /&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px;font-family: arial,helvetica,sans-serif; font-size: 12px; height: 151px;&quot;&gt;  					&lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b2bc7936f7&amp;e=73d7fb3d81&quot;&gt;Asia Pacific&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;              In its Global Economic Prospects for 2011, the World Bank has forecasted that it expects global growth to slow to 3.3% this year.                   &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=13145dd8a6&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                &lt;/table &gt;   &lt;/td&gt;   &lt;/tr&gt;   &lt;tr&gt;   &lt;td style=&quot;width: 625px&quot;&gt;   &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=cfcc85ffb2&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=6a09ebe491&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=209d9ede7e&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                     &lt;/div&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt; &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=6a09ebe491&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/6455520588554359521/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/02/global-players-wayne-swan.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6455520588554359521'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6455520588554359521'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/02/global-players-wayne-swan.html' title='Global Players: Wayne Swan'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-3951577420142355531</id><published>2011-01-27T08:01:00.001-08:00</published><updated>2011-01-27T08:01:26.292-08:00</updated><title type='text'>Israel Postcard: Leviathan Natural Gas Field</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ffb15aee4c&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt;  &lt;/tr&gt;  &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 100%;&quot;&gt;           &lt;table style=&quot;width: 592px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 585px;&quot;&gt;         &lt;img style=&quot;float: right;&quot; src=&quot;http://www.thomaswhite.com/images/Explore-world-new/img-israel-stamp.jpg&quot; alt=&quot;Israel stamp&quot; align=&quot;right&quot; title=&quot;Israel stamp&quot; /&gt;         &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                January 27, 2011               &lt;/div&gt;               &lt;br /&gt;           &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                A Postcard from the Middle East            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                Israel: Newly Discovered Offshore Gas Field Changes Energy Equation            &lt;/p&gt;             &lt;/td&gt;             &lt;/tr&gt;             &lt;/table&gt;       &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;     &lt;tr&gt;     &lt;td&gt;     &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;5px&quot; style=&quot;float: left;&quot;&gt;     &lt;tr&gt;     &lt;td style=&quot;width: 300px;&quot;&gt;      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border-width:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/postcards/img-israel-leviathan-gas-oil-field.jpg&quot; alt=&quot;Offshore oil rig during sunset&quot; title=&quot;Offshore oil rig during sunset&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;    &lt;p style=&quot;font-size:11px;font-family:Arial, Helvetica, sans-serif;margin-top:5px;&quot;&gt;The Leviathan well reached the first oil-bearing target strata at a depth of 5,800 meters during first week of January, 2011.&lt;/p&gt;        &lt;/td&gt;     &lt;/tr&gt;      &lt;/table&gt;     &lt;/td&gt;      &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;line-height: 19pt;&quot; valign=&quot;top&quot;&gt;           &lt;p&gt;Israel seems to be living up to its reputation of being the land of milk and honey.  Long known for its lush agricultural produce from arid soils, Israel has recently discovered extensive reserves of natural gas and oil around 80 miles off its northern coast. The Leviathan offshore gas field, named after the mythical sea serpent of Hebrew mythology, is the &lt;b&gt;world&#39;s biggest deepwater natural gas discovery in a decade &lt;/b&gt;with an estimated 16 trillion cubic feet of gas reserves.&lt;/p&gt;      &lt;/td&gt;     &lt;/tr&gt;     &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td colspan=&quot;2&quot; style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;padding:0px 0 5px 5px;line-height: 19pt&quot;&gt;     &lt;p&gt;And with tests revealing that there could be an additional 4 billion barrel cache of oil beneath the underwater gas field, the stakes are high.&lt;/p&gt;     &lt;p&gt;Could &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=3fe2ca51b5&amp;e=73d7fb3d81&quot; title=&quot;Israel Country Profile&quot;&gt;Israel&lt;/a&gt; be transformed from a country dependent on oil producing nations for energy to an energy exporter?  If yes, the scenario could lead to a repositioning of the geo-political chess pieces in the &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=3d8e7b6319&amp;e=73d7fb3d81&quot; title=&quot;Middle East Overview&quot;&gt;Middle East&lt;/a&gt;. Until now, Israel has been importing nearly all of its oil from &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=8f119e61f6&amp;e=73d7fb3d81&quot; title=&quot;Egypt Country Profile&quot;&gt;Egypt&lt;/a&gt;, &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ce825774cd&amp;e=73d7fb3d81&quot; title=&quot;Norway Country Profile&quot;&gt;Norway&lt;/a&gt;, the &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=a238feb883&amp;e=73d7fb3d81&quot; title=&quot;U.K. Country Profile&quot;&gt;United Kingdom&lt;/a&gt;, West Africa and &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=57cd97ee4d&amp;e=73d7fb3d81&quot; title=&quot;Mexico Country Profile&quot;&gt;Mexico&lt;/a&gt;. So Leviathan has the potential to empower Israel in the region.&lt;/p&gt; &lt;p&gt;In fact, Israel&#39;s hostile neighbors, like Iran and Lebanon are already lining up to counter Israel&#39;s newfound advantage, and stake a claim of the bounty. Nabih Berri, the speaker of Lebanon&#39;s parliament and Hashem Safieddine, executive council chief of the Islamic movement Hezbollah, told international media that, in fact, part of Leviathan belongs to Lebanon and not Israel. Tehran&#39;s ambassador to Lebanon, Qazanfar Roknabadi has gone so far as to claim that three-quarters of the Leviathan field belongs to Lebanon. Uzi Landau, the Israeli infrastructure minister, responded that Israel has the rights to the maritime area where the field is located, and warned Lebanon that Israel will not hesitate to use force to protect its mineral rights.&lt;/p&gt; &lt;p&gt;There have also been issues between the Israeli government, and the companies owning the drilling rights for Leviathan, namely Delek Group Ltd., Noble Energy, Inc., and Ratio Oil Exploration. With the energy leases and the tax regime unchanged since the 1950s, the Israel government is up against a road block when it comes to profiting from the gas find. Finance Minister Yuval Steinitz said he was considering changing terms retroactively, which means the Israeli government could enjoy better terms on previously assigned leases. Noble Energy and Israeli oil executives have been lobbying against such changes. Israeli Prime Minister &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b73d8e218a&amp;e=73d7fb3d81&quot;&gt;Benjamin Netanyahu&lt;/a&gt; has since declared that Israel is sovereign, and is free to change its tax regime. When it comes to heated drama, the Middle East does not fail to disappoint.&lt;/p&gt; &lt;p&gt;The drilling of Leviathan commenced in October 2010. But last year&#39;s Gulf of Mexico oil spill has ignited concerns over deep sea drilling, not only within the environmentalist community, but also among the ranks of energy companies and governments. This includes the Israeli Minister of Environmental Protection, Gilad Erdan, who is advocating legislation to manage environmental aspects of offshore oil exploration. That said, Leviathan has certainly stirred up enthusiasm not only over the strategic implications of this energy discovery, but also over the prospects of trading in Israel&#39;s energy sector. It just remains to be seen if Israel&#39;s role in the energy saga of the Middle East shapes up to be that of a side character or a lead player.&lt;/p&gt;              &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                 &lt;/td&gt;  &lt;/tr&gt;                 &lt;tr&gt;                 &lt;td&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=97463de3a1&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Green Reports&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 188px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt; 				   &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-storing-the-suns-energy-with-csp.jpg&quot; style=&quot;border: 2px solid rgb(182, 159, 90);&quot; alt=&quot;Storing the Sun&#39;s Energy with CSP&quot; title=&quot;Storing the Sun&#39;s Energy with CSP&quot;&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size: 12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=904e77a746&amp;e=73d7fb3d81&quot;&gt;Storing the Sun&#39;s Energy with CSP&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size: small;&quot;&gt;New&lt;/sup&gt;                      &lt;br /&gt;                               In the world of clean technology, particularly solar energy, emerging expertise is ensuring that the sun&#39;s munificence continues through the night with the help of CSP.                  &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=7af40d43d7&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background: url(&amp;quot;http://thomaswhite.com/images/common/arrow.gif&amp;quot;) no-repeat scroll left 5px transparent; padding-left: 10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt;   				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Emerging Leaders&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-yuri-milner.jpg&quot; alt=&quot;Yuri Milner&quot; title=&quot;Yuri Milner&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=bf53d04994&amp;e=73d7fb3d81&quot;&gt;Yuri Milner, CEO, DST&lt;/a&gt;&lt;/strong&gt;                      &lt;br&gt;                &lt;b&gt;Yuri Milner&lt;/b&gt; is the CEO of Digital Sky Technologies (DST), an investment firm based in Russia. But these days, he is more often known as the &quot;Russian who invested in Facebook.&quot;                 &lt;br&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=92e79e9c3c&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                &lt;/table &gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td&gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;padding-left:0px;&quot;&gt;                &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 19pt&quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=de0423e52f&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=eabe37d4c1&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=51aee3fb05&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;              &lt;/td&gt;              &lt;/tr&gt;              &lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=eabe37d4c1&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/3951577420142355531/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/israel-postcard-leviathan-natural-gas.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/3951577420142355531'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/3951577420142355531'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/israel-postcard-leviathan-natural-gas.html' title='Israel Postcard: Leviathan Natural Gas Field'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-8116183722450521391</id><published>2011-01-25T11:00:00.001-08:00</published><updated>2011-01-25T11:00:20.319-08:00</updated><title type='text'>Emerging Leaders: Yuri Milner, CEO, DST</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4a648b3d80&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 600px;&quot;&gt;           &lt;table style=&quot;width: 600px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 600px;&quot;&gt;          &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                January 25, 2011               &lt;/div&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                   Emerging Leaders            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;           Yuri Milner, CEO, DST            &lt;/p&gt;            &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;       &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;      &lt;tr&gt;     &lt;td style=&quot;width:auto;&quot;&gt;       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-yuri-milner.jpg&quot; alt=&quot;Yuri Milner&quot; title=&quot;Yuri Milner&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;           &lt;/td&gt;      &lt;td style=&quot;width: 1%;&quot;&gt;&lt;/td&gt;     &lt;td style=&quot;vertical-align:middle;&quot;&gt;      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;Yuri Milner is the CEO of Digital Sky Technologies (DST), an investment firm based in Russia. But these days, he is more often known as the &quot;Russian who invested in Facebook.&quot; Indeed, Milner created waves in the tech world in 2009 when he first purchased a 2% stake worth $200 million in the social networking company. With a sole focus on investing in the Internet, he now owns interests in various companies that are fast transforming into the new stars of cyberspace.&lt;/p&gt;      &lt;p style=&quot;margin-left:5px;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt; margin-top:0pt;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=d1f686c44b&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;&quot;&gt;Read more&lt;/a&gt;&lt;/p&gt;  &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt; &lt;td colspan=&quot;3&quot;&gt;        &lt;/td&gt;      &lt;!--      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;padding:3px 0 0px 6px;&quot;&gt;Slim was declared the world&#39;s wealthiest man, overtaking Bill Gates in 2007. At that time, his fortune was estimated at $68 billion, equivalent to almost 7% of his home country Mexico&#39;s GDP.&lt;/p&gt;--&gt;      &lt;/tr&gt;     &lt;/table&gt;   &lt;/td&gt; &lt;/tr&gt;                  &lt;/table &gt;                 &lt;/td&gt;   &lt;/tr&gt;  &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=9579efba50&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                   &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:90px;font-size:12px;&quot;&gt;Postcards&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-philippines-world-call-center-capital.jpg&quot; alt=&quot;Portrait of a smiling Asian call center agent with headset&quot; title=&quot;Portrait of a smiling Asian call center agent with headset&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=5de7e06be9&amp;e=73d7fb3d81&quot;&gt;Philippines&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                 A new call center capital of world has emerged. Move over Bangalore, and welcome Manila as the Philippines outsourcing industry soars to new heights.                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=56bb6da4c9&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                 &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Green Reports&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                 &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                 &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt; 				    &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-storing-the-suns-energy-with-csp.jpg&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Storing the Sun&#39;s Energy with CSP&quot; title=&quot;Storing the Sun&#39;s Energy with CSP&quot; /&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px;font-family: arial,helvetica,sans-serif; font-size: 12px; height: 151px;&quot;&gt;  					&lt;div&gt;                       &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=37dee8b277&amp;e=73d7fb3d81&quot;&gt;Storing the Sun&#39;s Energy with CSP&lt;/a&gt;&lt;/strong&gt;               In the world of clean technology, particularly solar energy, emerging expertise is ensuring that the sun&#39;s munificence continues through the night with the help of CSP.                   &lt;br /&gt;                    &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b88771734d&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				  &lt;br /&gt;      				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                 &lt;/table &gt;   &lt;/td&gt;   &lt;/tr&gt;   &lt;tr&gt;   &lt;td style=&quot;width: 625px&quot;&gt;   &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                      Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=a83ddd7a61&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=b3f801825d&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=97bb677e9f&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt; &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=b3f801825d&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/8116183722450521391/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/emerging-leaders-yuri-milner-ceo-dst.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/8116183722450521391'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/8116183722450521391'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/emerging-leaders-yuri-milner-ceo-dst.html' title='Emerging Leaders: Yuri Milner, CEO, DST'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-1619104454677565492</id><published>2011-01-25T10:00:00.001-08:00</published><updated>2011-01-25T10:00:46.960-08:00</updated><title type='text'>Fund Fact Sheets: Q4 2010</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=7470b9378c&amp;e=73d7fb3d81&quot;&gt;                     &lt;img border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/twf_logo.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 600px;&quot;&gt;           &lt;table style=&quot;width: 600px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;width: 600px;&quot;&gt;              &lt;h1 style=&quot;margin:20px 0px 20px 8px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;           Quarterly Fund Fact Sheets            &lt;/h1&gt;            &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;    &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;margin:0px 0px 20px 8px;&quot;&gt;   Fund Fact Sheets for the quarter ending December 31, 2010, are now available on our website. Please follow the links given below to download the PDF files.   &lt;/p&gt;   &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;margin:0px 0px 20px 8px;&quot;&gt;   &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=64da5d48dc&amp;e=73d7fb3d81&quot;&gt;Thomas White International Fund (TWWDX)&lt;/a&gt;&lt;img width=&quot;18&quot; height=&quot;20&quot; src=&quot;http://www.thomaswhite.com/images/explore-world/img-pdf.JPG&quot; style=&quot;text-align:left;&quot; /&gt;   &lt;/p&gt;   &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;margin:0px 0px 20px 8px;&quot;&gt;   &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=a509c042c0&amp;e=73d7fb3d81&quot;&gt;Thomas White Emerging Markets Fund (TWEMX)&lt;/a&gt;&lt;img width=&quot;18&quot; height=&quot;20&quot; src=&quot;http://www.thomaswhite.com/images/explore-world/img-pdf.JPG&quot; style=&quot;text-align:left;&quot; /&gt;   &lt;/p&gt;   &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;margin:0px 0px 20px 8px;&quot;&gt;   &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ae2da1c33d&amp;e=73d7fb3d81&quot;&gt;Thomas White American Opportunities Fund (TWAOX)&lt;/a&gt;&lt;img width=&quot;18&quot; height=&quot;20&quot; src=&quot;http://www.thomaswhite.com/images/explore-world/img-pdf.JPG&quot; style=&quot;text-align:left;&quot; /&gt;   &lt;/p&gt; &lt;/td&gt; &lt;/tr&gt;                  &lt;/table &gt;                 &lt;/td&gt;  &lt;/tr&gt;  &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=fb98060318&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                    &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Emerging Leaders&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                 &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                   &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-yuri-milner.jpg&quot; alt=&quot;Yuri Milner&quot; title=&quot;Yuri Milner&quot; /&gt;   &lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px;font-family: arial,helvetica,sans-serif; font-size: 12px; height: 151px;&quot;&gt;  					&lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=459bdf72f9&amp;e=73d7fb3d81&quot;&gt;Yuri Milner, CEO, DST&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;              &lt;b&gt;Yuri Milner&lt;/b&gt; is the CEO of Digital Sky Technologies (DST), an investment firm based in Russia. But these days, he is more often known as the &quot;Russian who invested in Facebook.&quot;                   &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=20b55ece73&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                    &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Weekly Postcards&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-philippines-world-call-center-capital.jpg&quot; alt=&quot;Portrait of a smiling Asian call center agent with headset&quot; title=&quot;Portrait of a smiling Asian call center agent with headset&quot; /&gt;   &lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ee96ba1b9a&amp;e=73d7fb3d81&quot;&gt;Philippines&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                A new call center capital of world has emerged. Move over Bangalore, and welcome Manila as the Philippines outsourcing industry soars to new heights.                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=191f095b00&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;               &lt;/table &gt;   &lt;/td&gt;   &lt;/tr&gt;   &lt;tr&gt;   &lt;td style=&quot;width: 625px&quot;&gt;   &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                     Thank you for subscribing to our email communication services. 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Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=37079cb265&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                     &lt;/div&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt; &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=7fed8c8f51&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/1619104454677565492/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/fund-fact-sheets-q4-2010.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/1619104454677565492'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/1619104454677565492'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/fund-fact-sheets-q4-2010.html' title='Fund Fact Sheets: Q4 2010'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-654919185388530155</id><published>2011-01-21T07:01:00.001-08:00</published><updated>2011-01-21T07:01:36.731-08:00</updated><title type='text'>Philippines Postcard: New Call Center Capital of the World</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=1868efb918&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt;  &lt;/tr&gt;  &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 100%;&quot;&gt;           &lt;table style=&quot;width: 592px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 585px;&quot;&gt;         &lt;img style=&quot;float: right;&quot; src=&quot;http://www.thomaswhite.com/images/postcards/img-philipines-stamp-01.jpg&quot; alt=&quot;Philippines stamp&quot; align=&quot;right&quot; title=&quot;Philippines stamp&quot; /&gt;         &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                January 21, 2011               &lt;/div&gt;               &lt;br /&gt;           &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                A Postcard from the Asia Pacific            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                Philippines: New Call Center Capital of the World            &lt;/p&gt;             &lt;/td&gt;             &lt;/tr&gt;             &lt;/table&gt;       &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;     &lt;tr&gt;     &lt;td&gt;     &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;5px&quot; style=&quot;float: left;&quot;&gt;     &lt;tr&gt;     &lt;td style=&quot;width: 300px;&quot;&gt;      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border-width:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/postcards/img-philippines-world-call-center-capital.jpg&quot; alt=&quot;Portrait of a smiling Asian call center agent with headset&quot; title=&quot;Portrait of a smiling Asian call center agent with headset&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;    &lt;p style=&quot;font-size:11px;font-family:Arial, Helvetica, sans-serif;margin-top:5px;&quot;&gt;The &quot;Sunshine Industry&quot; is set to soar to new heights. Major call centers in the Philippines are situated in Metro Manila and Cebu City.&lt;/p&gt;        &lt;/td&gt;     &lt;/tr&gt;      &lt;/table&gt;     &lt;/td&gt;      &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;line-height: 19pt;&quot; valign=&quot;top&quot;&gt;           &lt;p&gt;For so long now, call centers have mushroomed all over India&#39;s premier IT city, and Bangalore has been considered the undisputed call center capital of the world. So much so that being &#39;Bangalored,&#39; a term used to describe a layoff, has become a part of standard usage. However, despite &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=650f01fcb0&amp;e=73d7fb3d81&quot; title=&quot;India Country Profile&quot;&gt;India&#39;s&lt;/a&gt; pre-eminent status as a back office processing (BPO) giant, there&#39;s a new kid on the block. A new call center capital of world has emerged. Move over Bangalore, and welcome Manila.&lt;/p&gt;  &lt;p&gt;In a recent report by the Everest Group, it is now forecasted that Philippine call center revenues in 2010 will touch $5.5 billion, exceeding India&#39;s own expected revenues of $5.3 billion. The call center industry has grown to be one of the largest in the &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b0f417227e&amp;e=73d7fb3d81&quot; title=&quot;Philippines Country Profile&quot;&gt;Philippines&lt;/a&gt;, employing around 530,000 people and contributing 6% to the country&#39;s gross domestic industry.&lt;/p&gt;       &lt;/td&gt;     &lt;/tr&gt;     &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td colspan=&quot;2&quot; style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;padding:0px 0 5px 5px;line-height: 19pt&quot;&gt;  &lt;p&gt;With 788 call centers spread over 20 locations in the Philippines, the outsourcing industry has been fondly named the &#39;sunshine industry,&#39; by the government, which is thrilled by the rapid progress the sector has made over the past decade. And this is a government which has done its best to encourage the outsourcing industry, recognizing early on that it is a key driver of growth and employment.&lt;/p&gt; &lt;p&gt;While tax breaks given to outsourcing companies are set to expire this year in India, the Philippine government is getting its ducks in line. It has assured investors of faster clearances for building permits, has instituted selective tax breaks such as an exemption from import duties on computers, and has created a number of special economic zones with superior infrastructure. In contrast, Indian call center companies have typically had to struggle with high attrition rates and have been plagued by chronic power shortages, as well as suspect infrastructure. Also favoring the Philippines, Filipinos have had a natural cultural affiliation with America, ruled as they were by the &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=87631c1f67&amp;e=73d7fb3d81&quot; title=&quot;U.S. Country Profile&quot;&gt;U.S.&lt;/a&gt; from 1905 to 1945. Unsurprisingly, the call center industry in the Philippines is still dominated by clients in North America.&lt;/p&gt;  &lt;p&gt;Still, the Philippines is not resting on its laurels. It has larger plans. India&#39;s outsourcing sector evolved from being a call centered industry to one that handles more sophisticated back office processes. As a result, India continues to be number one in overall outsourcing revenues, and it is that bigger chunk that the Philippines is targeting, aiming to double its outsourcing revenue by 2015. There are challenges – the country does not have as many trained engineers and managers such as India, which has been able to use that advantage to transform its BPO industry. For now though, call centers are a short-term answer to unemployment problems in the Philippines, with the industry to add 70,000 jobs this year alone. And an immense source of Filipino pride.&lt;/p&gt;             &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                 &lt;/td&gt;  &lt;/tr&gt;                 &lt;tr&gt;                 &lt;td&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at  &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ff48ef2ff2&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Green Reports&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 188px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt; 				   &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-storing-the-suns-energy-with-csp.jpg&quot; style=&quot;border: 2px solid rgb(182, 159, 90);&quot; alt=&quot;Storing the Sun&#39;s Energy with CSP&quot; title=&quot;Storing the Sun&#39;s Energy with CSP&quot;&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size: 12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=2be3f36d6e&amp;e=73d7fb3d81&quot;&gt;Storing the Sun&#39;s Energy with CSP&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size: small;&quot;&gt;New&lt;/sup&gt;                      &lt;br /&gt;                               In the world of clean technology, particularly solar energy, emerging expertise is ensuring that the sun&#39;s munificence continues through the night with the help of CSP.                  &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=d5aefe1a4a&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background: url(&amp;quot;http://thomaswhite.com/images/common/arrow.gif&amp;quot;) no-repeat scroll left 5px transparent; padding-left: 10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt;   				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Emerging Leaders&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-robin-li.jpg&quot; alt=&quot;Robin Li&quot; title=&quot;Robin Li&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=6aa51334b8&amp;e=73d7fb3d81&quot;&gt;Robin Li, Founder and CEO, Baidu&lt;/a&gt;&lt;/strong&gt;                      &lt;br&gt;                Robin Li the Founder and CEO of Baidu, China&#39;s most popular search engine is the only one who has managed to oust Google out of the country.                 &lt;br&gt; 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You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=3bbc0362b0&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=c92859bd97&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=aa97e71f9f&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;              &lt;/td&gt;              &lt;/tr&gt;              &lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=c92859bd97&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/654919185388530155/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/philippines-postcard-new-call-center.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/654919185388530155'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/654919185388530155'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/philippines-postcard-new-call-center.html' title='Philippines Postcard: New Call Center Capital of the World'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-2373883249606689039</id><published>2011-01-19T10:00:00.001-08:00</published><updated>2011-01-19T10:00:20.729-08:00</updated><title type='text'>Green Report: Storing the Sun’s Energy with CSP</title><content type='html'>&lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 625px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=bf0c989d7c&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;70&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;             &lt;div&gt;            &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; style=&quot;width: 600px&quot;&gt;            &lt;tr&gt;            &lt;td style=&quot;height: 154px&quot;&gt;              &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot;&gt;&lt;tr&gt;&lt;td&gt;            &lt;p style=&quot;font-family:Times New Roman, Times, serif; font-size: 19px; line-height: 16pt;color:#009933; padding-bottom:5px&quot;&gt;                JANUARY 19, 2011            &lt;/p&gt;              &lt;p style=&quot;font-family:Times New Roman, Times, serif; font-size: 19px; line-height: 16pt;color:#009933;&quot;&gt;              Storing the Sun&#39;s Energy with CSP             &lt;/p&gt;            &lt;/td&gt;             &lt;/tr&gt;            &lt;/table&gt;            &lt;/td&gt;            &lt;td style=&quot;height: 154px&quot;&gt;            &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;            &lt;tr&gt;            &lt;td align=&quot;right&quot;&gt;                             &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/img-raster-01.JPG&quot; alt=&quot;Green Report&quot; width=&quot;120&quot; height=&quot;100&quot; title=&quot;Green Report&quot; /&gt;             &lt;/td&gt;            &lt;/tr&gt;            &lt;tr&gt;            &lt;td&gt;            &amp;nbsp;            &lt;/td&gt;            &lt;/tr&gt;             &lt;tr&gt;            &lt;td align=&quot;right&quot;&gt;            &lt;div style=&quot;padding-right:1px; &quot;&gt;                        &lt;p style=&quot;font-family:Times New Roman, Times, serif; font-size: 24px; line-height: 16pt;color:#009933;&quot;&gt;                             The Green Report  &lt;/p&gt;            &lt;/div&gt; &lt;/td&gt;            &lt;/tr&gt;             &lt;/table&gt;             &lt;/td&gt;            &lt;/tr&gt;            &lt;/table&gt;            &lt;/div&gt;            &lt;hr /&gt;&lt;br /&gt;             &lt;div style=&quot;padding:0px 3px 0px 3px;&quot;&gt;            &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td&gt;               &lt;table border=&quot;0&quot; cellspacing=&quot;2&quot; cellpadding=&quot;0&quot; style=&quot;border:1px solid #B69F5A; margin:5px;margin-bottom:0px;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;width:172px;&quot;&gt;               &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-storing-the-suns-energy-with-csp.jpg&quot; alt=&quot;Storing the Sun&#39;s Energy with CSP&quot; title=&quot;Storing the Sun&#39;s Energy with CSP&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;    &lt;/td&gt;     &lt;td style=&quot;padding:0px;&quot;&gt; &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt;  margin-bottom:0px;&quot;&gt;Making days last forever and stopping the sun from setting have long been romantic ideals reserved for poetic ballads. Not anymore. In the world of clean technology, particularly solar energy, emerging expertise is ensuring that the sun&#39;s munificence continues through the night.&lt;/p&gt;     &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt;padding:3px 0 5px 3px; display:inline; &quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=0eb0b33f26&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px; &quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;   &lt;br /&gt;  &lt;br /&gt;             &lt;/td&gt;           &lt;/tr&gt;           &lt;/table&gt;             &lt;/div&gt;                   &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                    &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=544407e2fa&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                       &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Emerging Leaders&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                 &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 188px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt; 				   &lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-recep-tayyip-erdogan.jpg&quot; style=&quot;border: 2px solid rgb(182, 159, 90);&quot; alt=&quot;Recep Tayyip Erdogan&quot; title=&quot;Recep Tayyip Erdogan&quot;&gt; 				  &lt;/div&gt;                &lt;/td&gt;                 &lt;td style=&quot;font-size: 12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=edaebd8913&amp;e=73d7fb3d81&quot;&gt;Recep Tayyip Erdogan, Prime Minister, Turkey&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size: small;&quot;&gt;New&lt;/sup&gt;                      &lt;br&gt;                  &lt;b&gt;Recep Tayyip Erdogan&lt;/b&gt;, Turkey&#39;s Prime Minister is an extremely popular figure in the country thanks to his progressive economic outlook and efforts that pulled Turkey out of a recessionary slide.                  &lt;br&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=d42f681e6b&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background: url(&amp;quot;http://thomaswhite.com/images/common/arrow.gif&amp;quot;) no-repeat scroll left 5px transparent; padding-left: 10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;  				 				  &lt;/div&gt;   				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                 &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Country Profiles&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/i-singapore.jpg&quot; alt=&quot;The Merlion in Singapore&quot; title=&quot;The Merlion in Singapore&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=88ac74ca4a&amp;e=73d7fb3d81&quot;&gt;Singapore&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size: small;&quot;&gt;Updated&lt;/sup&gt;                      &lt;br /&gt;                After battling a severe recession, Singapore is now one of the world&#39;s fastest growing economies.                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ae2f3a13ec&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table &gt;               &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=516809d781&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;margin-top: 13.2pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=8cc5e05df5&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                      &lt;p style=&quot;line-height: 13.25pt; margin-top: 13.2pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=fa18cc45fa&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 13.25pt; margin-top: 13.2pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;margin-top: 13.2pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=8cc5e05df5&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/2373883249606689039/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/green-report-storing-suns-energy-with.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/2373883249606689039'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/2373883249606689039'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/green-report-storing-suns-energy-with.html' title='Green Report: Storing the Sun’s Energy with CSP'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-6542632854184032081</id><published>2011-01-18T10:01:00.001-08:00</published><updated>2011-01-18T10:01:17.397-08:00</updated><title type='text'>Emerging Leaders: Robin Li, Founder and CEO, Baidu</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4dbe4743ce&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 600px;&quot;&gt;           &lt;table style=&quot;width: 600px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 600px;&quot;&gt;          &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                January 18, 2011               &lt;/div&gt;             &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                   Emerging Leaders            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;           Robin Li, Founder and CEO, Baidu            &lt;/p&gt;            &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;        &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;      &lt;tr&gt;     &lt;td style=&quot;width:auto;&quot;&gt;       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-robin-li.jpg&quot; alt=&quot;Recep Tayyip Erdogan&quot; title=&quot;Recep Tayyip Erdogan&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;           &lt;/td&gt;      &lt;td style=&quot;width: 1%;&quot;&gt;&lt;/td&gt;     &lt;td style=&quot;vertical-align:middle;&quot;&gt;      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;Google and competition have never coexisted. Founders Brin and Page have ensured that Google occupies the search throne everywhere across the world. Everywhere except China that is. Here, it is Robin Li who rules. The Founder and CEO of Baidu, China&#39;s popular search engine, had the pleasure of seeing Baidu&#39;s stock whoosh past NASDAQ ticker symbol GOOG for the first time last year. That was only the beginning of Google&#39;s losses and Baidu&#39;s gains. &lt;/p&gt;      &lt;p style=&quot;margin-left:5px;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt; margin-top:0pt;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=010af033dc&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;&quot;&gt;Read more&lt;/a&gt;&lt;/p&gt;  &lt;/td&gt;  &lt;/tr&gt; &lt;tr&gt; &lt;td colspan=&quot;3&quot;&gt;        &lt;/td&gt;      &lt;!--      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;padding:3px 0 0px 6px;&quot;&gt;Slim was declared the world&#39;s wealthiest man, overtaking Bill Gates in 2007. At that time, his fortune was estimated at $68 billion, equivalent to almost 7% of his home country Mexico&#39;s GDP.&lt;/p&gt;--&gt;      &lt;/tr&gt;     &lt;/table&gt;   &lt;/td&gt; &lt;/tr&gt;                  &lt;/table &gt;                  &lt;/td&gt;   &lt;/tr&gt;  &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                  &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=bdad6c5499&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                   &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                 &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:90px;font-size:12px;&quot;&gt;Postcards&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                 &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-facebook-in-russia.jpg&quot; alt=&quot;Image showing social media&quot; title=&quot;Image showing social media&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;    &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=9e0c8ffb25&amp;e=73d7fb3d81&quot;&gt;Russia&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                 When Facebook generated a buzz last week with what appears to be a $50 billion valuation from Goldman Sachs, it was revealed that the company also had a rather unexpected investor - Russia&#39;s Digital Sky Technologies.                 &lt;br /&gt;                   &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4d1f71170b&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                 &lt;br /&gt;               &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Global Player&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                 &lt;/tr&gt;                 &lt;tr&gt;                &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                 &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt; 				    &lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-ursula-burns.jpg&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Ursula Burns&quot; title=&quot;Ursula Burns&quot; /&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px;font-family: arial,helvetica,sans-serif; font-size: 12px; height: 151px;&quot;&gt;  					&lt;div&gt;                       &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ce8dd00932&amp;e=73d7fb3d81&quot;&gt;Ursula Burns, CEO &amp; Chairwoman, Xerox&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                      &lt;br /&gt;             &lt;b&gt;Ursula Burns&lt;/b&gt; became the first black woman to head a Fortune 500 company, when she assumed the role of CEO for Xerox. She has spearheaded the turnaround of Xerox through cost efficient processes.                   &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=2f8102cdd2&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				 				  &lt;/div&gt;  				                &lt;/td&gt;                &lt;/tr&gt;                 &lt;/table &gt;   &lt;/td&gt;   &lt;/tr&gt;   &lt;tr&gt;   &lt;td style=&quot;width: 625px&quot;&gt;   &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot;&gt;                &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                      Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=26d4e3b18e&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=793d341531&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=19ae7d5098&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                      &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                     &lt;/table&gt; &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=793d341531&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/6542632854184032081/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/emerging-leaders-robin-li-founder-and.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6542632854184032081'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6542632854184032081'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/emerging-leaders-robin-li-founder-and.html' title='Emerging Leaders: Robin Li, Founder and CEO, Baidu'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-4845862164207596308</id><published>2011-01-17T06:00:00.001-08:00</published><updated>2011-01-17T06:00:17.256-08:00</updated><title type='text'>Updated Singapore Country Profile : Beating the Recession</title><content type='html'>&lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 625px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=bbe0351bb5&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;70&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt;         &lt;table style=&quot;width:625px;border: 1px solid rgb(204, 204, 204);font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;         &lt;tr&gt;         &lt;td valign=&quot;top&quot; style=&quot;padding-left: 8px; padding-right:4px;padding-bottom: 8px; padding-top: 8px; width: 534px;&quot;&gt;           &lt;div style=&quot;height:110px;margin:0;padding:0; width:570px;&quot;&gt;                   &lt;div style=&quot;margin:0;font-size:22px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                   Country Profile : Singapore&amp;nbsp;&lt;sup style=&quot;text-decoration:none; color: #ff3333; font-size:small; &quot;&gt;Updated&lt;/sup&gt;                 &lt;/div&gt;                  &lt;br /&gt;                  &lt;div style=&quot;margin:0;font-size:20px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                  Singapore: The Jewel in Asia&#39;s Crown                 &lt;/div&gt;             &lt;/div&gt;                          &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;                       &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;width:605px;&quot;&gt;                      &lt;tr&gt;                      &lt;td style=&quot;vertical-align:top;&quot;&gt;                      &lt;div style=&quot;float:left;padding:15px 5px 5px 0;font-size:11px;font-family:Arial, Helvetica, sans-serif;&quot;&gt;                     &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/img-singapore-05.jpg&quot; alt=&quot;The Merlion in Singapore&quot; style=&quot;border:#B69F5A solid 1px;background:#FFFFFF;padding:2px;&quot; title=&quot;The Merlion in Singapore&quot; /&gt;                     &lt;/div&gt;                    &lt;/td&gt;&lt;td style=&quot;width:15px;&quot;&gt;                   &lt;/td&gt;&lt;td&gt;                       &lt;h4 style=&quot;font-family: &#39;Times New Roman&#39;,Times,serif; font-size: 18px; padding: 0pt 0pt 5px; color: rgb(28, 59, 86);&quot;&gt; The hottest economy in the world&lt;/h4&gt;                     &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;The Singapore economy power-surged its way to an astonishing 18.8% growth year-on-year in the second quarter of 2010. Much of the scorching pace of growth has been driven by a rise in the output of biomedical manufacturing, and continued expansion in the nation&#39;s electronics sector. This tiny state, in September 2010, held the distinction of being the fastest growing economy in the world, an incredible achievement for a nation that is often eclipsed by much bigger Asian powerhouses like Thailand, China or India.&lt;/p&gt;                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=6adad2c10c&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px; font-size:12px&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;                      &lt;/td&gt;&lt;/tr&gt;                           &lt;/table&gt; 	                      &lt;/div&gt;                           &lt;/td&gt;                           &lt;/tr&gt;                           &lt;tr&gt;&lt;td colspan=&quot;3&quot;&gt;                            &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;width: 120px; float:right; margin:15px;&quot;&gt; 	 	                      &lt;tr&gt; 	 	                      &lt;td style=&quot;height: 100px; width: 120px;&quot;&gt; 	                      &lt;img src=&quot;http://www.thomaswhite.com/images/Explore-world-new/img-singapore-pdf.jpg&quot; alt=&quot;Full Report in PDF&quot; width=&quot;60&quot; height=&quot;84&quot; style=&quot;border:#B69F5A solid 1px;&quot; title=&quot;Full Report in PDF&quot; /&gt;                           &lt;br /&gt;                           &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=2d03bfe734&amp;e=73d7fb3d81&quot; target=&quot;_blank&quot; style=&quot;z-index: 100;                            font-size:11px&quot;&gt;Full Report in PDF&lt;/a&gt;&amp;nbsp;&lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/img-pdf.JPG&quot; alt=&quot;pdf&quot; width=&quot;18&quot; height=&quot;20&quot; title=&quot;pdf&quot; style=&quot;z-index: 100;&quot; /&gt;  	                      &lt;/td&gt; 	                      &lt;/tr&gt; 	 	                      &lt;/table&gt;                             &lt;div&gt;                          &lt;/div&gt;  	                      &lt;/td&gt;                       &lt;/tr&gt;                       &lt;/table&gt;                     &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=0f6439f3aa&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                 &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:90px;font-size:12px;&quot;&gt;Postcards&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-facebook-in-russia.jpg&quot; alt=&quot;Image showing social media&quot; title=&quot;Image showing social media&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=448262bb9a&amp;e=73d7fb3d81&quot;&gt;Russia&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                 When Facebook generated a buzz last week with what appears to be a $50 billion valuation from Goldman Sachs, it was revealed that the company also had a rather unexpected investor - Russia&#39;s Digital Sky Technologies.                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4a03accdca&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				  &lt;br /&gt;                   &lt;br /&gt;  				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                    &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Global Players&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                 &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                 &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt; 				    &lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-ursula-burns.jpg&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Ursula Burns&quot; title=&quot;Ursula Burns&quot; /&gt; 				  &lt;/div&gt;                &lt;/td&gt;                 &lt;td style=&quot;font-size:12px;font-family: arial,helvetica,sans-serif; font-size: 12px; height: 151px;&quot;&gt;  					&lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=bb747f8801&amp;e=73d7fb3d81&quot;&gt;Ursula Burns, CEO &amp; Chairwoman, Xerox&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                      &lt;br /&gt;             &lt;b&gt;Ursula Burns&lt;/b&gt; became the first black woman to head a Fortune 500 company, when she assumed the role of CEO for Xerox. She has spearheaded the turnaround of Xerox through cost efficient processes.                   &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=afebd89877&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt;  				  &lt;br /&gt;                   &lt;br /&gt;                    &lt;br /&gt;                    &lt;br /&gt;                    &lt;br /&gt; 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                &lt;/table &gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=2f0d2d77bd&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;line-height: 15pt; margin-top: 15pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=3f3f9337ac&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top: 15pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c4b5323a8c&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top: 15pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top: 15pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=3f3f9337ac&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/4845862164207596308/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/updated-singapore-country-profile.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/4845862164207596308'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/4845862164207596308'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/updated-singapore-country-profile.html' title='Updated Singapore Country Profile : Beating the Recession'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-2008194465183325665</id><published>2011-01-14T06:00:00.001-08:00</published><updated>2011-01-14T06:00:14.524-08:00</updated><title type='text'>Russia Postcard : DST Invests in Facebook</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=087d382e7f&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt;  &lt;/tr&gt;   &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 100%;&quot;&gt;           &lt;table style=&quot;width: 592px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 585px;&quot;&gt;         &lt;img style=&quot;float: right;&quot; src=&quot;http://www.thomaswhite.com/images/Explore-world-new/img-russia-stamp-01.jpg&quot; alt=&quot;Russia stamp&quot; align=&quot;right&quot; title=&quot;Russia stamp&quot; /&gt;         &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                 January 13, 2011               &lt;/div&gt;               &lt;br /&gt;           &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                A Postcard from Europe            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                Russia: Booking the Future Face of the Internet &amp;nbsp;             &lt;/p&gt;             &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;     &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;padding:0px 0 5px 5px;line-height: 19pt&quot;&gt;It&#39;s no secret that Russian President  Dmitry Medvedev is passionate about technological revolution. Just last year in June, we &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ea04eacc8f&amp;e=73d7fb3d81&quot;&gt;&lt;span&gt;wrote&lt;/span&gt;&lt;/a&gt; how Medvedev is keen to develop a Silicon Valley in &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=5327e521f2&amp;e=73d7fb3d81&quot; title=&quot;Russia Country Profile&quot;&gt;&lt;span&gt;Russia&lt;/span&gt;&lt;/a&gt;. The knowledge economy, he had stressed, was the key to furthering Russia&#39;s economic growth.&lt;/p&gt;     &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;      &lt;tr&gt;     &lt;td&gt;     &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;5px&quot; style=&quot;float: left;&quot;&gt;     &lt;tr&gt;     &lt;td style=&quot;width: 300px;&quot;&gt;      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border-width:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/postcards/img-facebook-in-russia.jpg&quot; alt=&quot;Image showing social media&quot; title=&quot;Image showing social media&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;    &lt;/table&gt;    &lt;p style=&quot;font-size:11px;font-family:Arial, Helvetica, sans-serif;margin-top:5px;&quot;&gt;Digital Sky Technologies also has a stake in Zynga, an Internet games producer, and Groupon, the Internet coupon company.&lt;/p&gt;        &lt;/td&gt;     &lt;/tr&gt;      &lt;/table&gt;     &lt;/td&gt;      &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;line-height: 19pt;&quot; valign=&quot;top&quot;&gt;           &lt;p&gt;When Facebook generated a buzz last week with what appears to be a $50 billion valuation from Goldman Sachs, it was revealed that the Palo Alto-headquartered company also had a rather unexpected investor- Russia&#39;s Digital Sky Technologies. This company plans to pump $50 million into the social media giant. And the Russian influence grows deeper with the Mail.Ru Group owning 2.4% of Facebook. Is Medvedev&#39;s vision coming true?&lt;/p&gt;          &lt;br /&gt;         &lt;br /&gt;      &lt;/td&gt;     &lt;/tr&gt;     &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td colspan=&quot;2&quot; style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;padding:0px 0 5px 5px;line-height: 19pt&quot;&gt;       &lt;p&gt;Recently, &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=a89d6166c4&amp;e=73d7fb3d81&quot;&gt;&lt;span&gt;Mark Zuckerberg&lt;/span&gt;&lt;/a&gt;, the founder of Facebook paid a visit to &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=bc68bee25d&amp;e=73d7fb3d81&quot; title=&quot;China Country Profile&quot;&gt;&lt;span&gt;China&lt;/span&gt;&lt;/a&gt;, where the social network is censored, triggering expectations of a deal with Chinese social media companies. But while China&#39;s Internet populace is the biggest, Facebook is a non-entity there.  China has a virtual Facebook clone in Renren, which means everybody, and is currently the largest social network in China. Another leading social network, Qzone, is well entrenched in the Middle Kingdom.&lt;/p&gt;  &lt;p&gt;China is a distant goal, but Russia appears a more achievable target for Zuckerberg. What may attract Zuckerberg&#39;s open interest in Russia is this small yet vitally important statistic – &lt;b&gt;Russian netizens spend more time on social networks than any other country&lt;/b&gt;. But there are hurdles to overcome. Breaking through in China has been difficult, but Russia is no piece of cake either.&lt;/p&gt;  &lt;p&gt;Even Internet behemoth Google has struggled in Russia, with the Russian search engine, Yandex, being number one there and rapidly gaining Internet market share worldwide. The Russian language is a major barrier. Facebook has tried to work around that obstacle by offering Russian translations for many of its unique features, including the &#39;like&#39; and &#39;poke&#39; buttons, so its users are able to capture the nuances of the site better. Competition is stiff. Russian social networks have thrived – sites like Odnoklassniki.ru, VKontakte and Moi Mir all command a loyal following. Still, Facebook&#39;s hold has been expanding – it now has 4.5 Russian million users ever since the social media sensation launched operations in Russia in April last year. That is but a small share of the mammoth 500 million plus members that Facebook has. Clearly, this number can grow. And how.  Zuckerberg himself has been quoted as saying that if Facebook can succeed in the Russian market, then it might serve as a blueprint for conquering the Chinese Internet playground.&lt;/p&gt;  &lt;p&gt;For now, in Facebook&#39;s all-conquering path, Russia remains a stubborn challenge – just like Brazil and China are, both countries where the social media giant has yet to make significant inroads. That might just begin to change though. What is interesting is that Mail.Ru has a 100% stake in Odnoklassniki and a considerable stake in VKontakte, the Russian social media giants mentioned earlier. And the Mail.Ru Group now has a stake in Facebook. Facebook itself is desperately keen to capture the large Russian Internet market. Is it a win-win situation or a case of Russian roulette? Only time and Russia&#39;s netizens will tell in this riveting age of social media and Internet dynamics.&lt;span&gt; &lt;/span&gt;&lt;/p&gt;             &lt;/td&gt;            &lt;/tr&gt;                  &lt;/table &gt;                 &lt;/td&gt;  &lt;/tr&gt;                 &lt;tr&gt;                 &lt;td&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                  &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=5ec078aa2c&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                 &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Country Profiles&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 188px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt; 				   &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/i-singapore.jpg&quot; style=&quot;border: 2px solid rgb(182, 159, 90);&quot; alt=&quot;The Merlion in Singapore&quot; title=&quot;The Merlion in Singapore&quot;&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size: 12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=d67bb20841&amp;e=73d7fb3d81&quot;&gt;Singapore&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size: small;&quot;&gt;Updated&lt;/sup&gt;                      &lt;br /&gt;                               After battling a severe recession, Singapore is now one of the world&#39;s fastest growing economies.                  &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=d8ce2e7f2e&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background: url(&amp;quot;http://thomaswhite.com/images/common/arrow.gif&amp;quot;) no-repeat scroll left 5px transparent; padding-left: 10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt;   				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Global Players&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-ursula-burns.jpg&quot; alt=&quot;Ursula Burns&quot; title=&quot;Ursula Burns&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=7a2e941acd&amp;e=73d7fb3d81&quot;&gt;Ursula Burns, CEO &amp; Chairwoman, Xerox&lt;/a&gt;&lt;/strong&gt;                      &lt;br&gt;                 Ursula Burns became the first black woman to head a Fortune 500 company, when she assumed the role of CEO for Xerox. She has spearheaded the turnaround of Xerox through cost efficient processes.                 &lt;br&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=7db0f0636a&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                &lt;/table &gt;                &lt;/td&gt;                 &lt;/tr&gt;                &lt;tr&gt;                &lt;td&gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;padding-left:0px;&quot;&gt;                &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 19pt&quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=0700ba9aa3&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=4d06eb0fe3&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                      &lt;p style=&quot;line-height: 19pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=309de53ec4&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;              &lt;/td&gt;               &lt;/tr&gt;              &lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=4d06eb0fe3&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/2008194465183325665/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/russia-postcard-dst-invests-in-facebook.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/2008194465183325665'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/2008194465183325665'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/russia-postcard-dst-invests-in-facebook.html' title='Russia Postcard : DST Invests in Facebook'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-7235948574324323639</id><published>2011-01-11T11:00:00.000-08:00</published><updated>2011-01-11T11:04:22.893-08:00</updated><title type='text'>Global Economic Review: January 2011</title><content type='html'>&lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 625px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=aebac5c9e2&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;70&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;            &lt;h1 style=&quot;margin:0;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;Global Overview&lt;/h1&gt;             &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 14px; line-height: 15pt; padding:0px 3px 0px 3px; font-weight: bold;&quot;&gt;New Year brings cheer as global economic prospects improve&lt;/p&gt;             &lt;div style=&quot;padding:0px 3px 0px 3px;&quot;&gt;                &lt;img src=&quot;http://www.thomaswhite.com/images/global-perspective/global-overview.jpg&quot; alt=&quot;Global Overview&quot; style=&quot;border:#B69F5A solid 1px;background:#FFFFFF;padding:2px; margin-right:10px; float: left;&quot; title=&quot;Global Overview&quot; /&gt;          &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt; padding:0px 3px 0px 3px;&quot;&gt;   Better than expected economic data from the developed world has helped lift the outlook for the global economy this year. While global growth was mostly driven by the large emerging economies last year, the developed economies are now expected to pull their weight, as consumer and business spending growth have stayed above expectations. Although bond yields have gained recently, reflecting the improved long term economic growth prospects, monetary policy remains highly accommodative across the developed economies. Surveys of manufacturing activity in the developed countries showed marked gains in December. Even labor market conditions are showing signs of improvement recently, though unemployment levels are expected to remain elevated this year as well. In Europe, concerns about the debt crisis have eased, as countries in the region have been assured financial support by the EU and the IMF to prevent credit defaults.             &lt;/p&gt;              &lt;/div&gt;                    &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;padding:0px 0 5px 3px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=a3a3b0fa75&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;               &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                  &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height:15pt;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4a1f863a29&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; font-size:12px;&quot;&gt;Global Players&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                 &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                 &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt; 				    &lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-ursula-burns.jpg&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Ursula Burns&quot; title=&quot;Ursula Burns&quot; /&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;  					&lt;div&gt;                      &lt;p style=&quot;line-height: 15pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=6e598e6554&amp;e=73d7fb3d81&quot;&gt;Ursula Burns, CEO &amp; Chairwoman, Xerox&lt;/a&gt;&lt;/strong&gt;                     &lt;br /&gt;             Ursula Burns became the first black woman to head a Fortune 500 company, when she assumed the role of CEO for Xerox. She has spearheaded the turnaround of Xerox through cost efficient processes.                   &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b9fd150bf1&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                  &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; font-size:12px;&quot;&gt;Weekly Postcards&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                 &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                 &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt; 				    &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-middle-east-women-investors-jan2011.jpg&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Women working at the computer&quot; title=&quot;Women working at the computer&quot; /&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;  					&lt;div&gt;                      &lt;p style=&quot;line-height: 15pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=aa39351124&amp;e=73d7fb3d81&quot;&gt;Middle East&lt;/a&gt;&lt;/strong&gt;                     &lt;br /&gt;             Women investors control around 22% of the assets under management in the Middle East. And this is wealth that is expected to grow 8% through the years to 2014.                   &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c3b78c6447&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                &lt;/table &gt;               &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                   Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ee7debf36f&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=4ccfb9e0f1&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=e95a28efe4&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                     &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=4ccfb9e0f1&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/7235948574324323639/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/global-economic-review-january-2011.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/7235948574324323639'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/7235948574324323639'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/global-economic-review-january-2011.html' title='Global Economic Review: January 2011'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-6949450682917032933</id><published>2011-01-11T10:00:00.001-08:00</published><updated>2011-01-11T10:00:25.228-08:00</updated><title type='text'>Global Players: Ursula Burns, CEO &amp; Chairwoman, Xerox</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b9f9d325cb&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 600px;&quot;&gt;           &lt;table style=&quot;width: 600px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 600px;&quot;&gt;          &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                January 11, 2011               &lt;/div&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                   Global Players            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;           Ursula Burns, CEO &amp; Chairwoman, Xerox            &lt;/p&gt;            &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;       &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;     &lt;tr&gt;     &lt;td style=&quot;width:auto;&quot;&gt;       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-ursula-burns.jpg&quot; alt=&quot;Ursula Burns&quot; title=&quot;Ursula Burns&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;           &lt;/td&gt;     &lt;td style=&quot;width: 1%;&quot;&gt;&lt;/td&gt;     &lt;td style=&quot;vertical-align:middle;&quot;&gt;   &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;In 2008, the world waited with bated breath to see if Americans would choose their first woman President or their first black President, with Hillary Clinton and Barack Obama being the prime contenders. This neck-to-neck race was probably indicative of positive tidings to come. Just one year later, Ursula Burns became the first black woman to head a Fortune 500 company, when she assumed the role of CEO for Xerox.&lt;/p&gt;      &lt;p style=&quot;margin-left:5px;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt; margin-top:0pt;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=007340e7b2&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;&quot;&gt;Read more&lt;/a&gt;&lt;/p&gt;  &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt; &lt;td colspan=&quot;3&quot;&gt;         &lt;/td&gt;      &lt;!--      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;padding:3px 0 0px 6px;&quot;&gt;Slim was declared the world&#39;s wealthiest man, overtaking Bill Gates in 2007. At that time, his fortune was estimated at $68 billion, equivalent to almost 7% of his home country Mexico&#39;s GDP.&lt;/p&gt;--&gt;      &lt;/tr&gt;     &lt;/table&gt;   &lt;/td&gt; &lt;/tr&gt;                  &lt;/table &gt;                 &lt;/td&gt;  &lt;/tr&gt;  &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=f486abd2c0&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D;  width:150px;font-size:12px;&quot;&gt;Weekly Postcards&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-middle-east-women-investors-jan2011.jpg&quot; alt=&quot;Women working at the computer&quot; title=&quot;Women working at the computer&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=1bd36c1bd7&amp;e=73d7fb3d81&quot;&gt;Middle East&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                Women investors control around 22% of the assets under management in the Middle East. And this is wealth that is expected to grow 8% through the years to 2014.                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=39500402c3&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Monthly Economic Reviews&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                 &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt; 				    &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/RegionReview-Americas.JPG&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Region review - Americas&quot; title=&quot;Region review - Americas&quot; /&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px;font-family: arial,helvetica,sans-serif; font-size: 12px; height: 151px;&quot;&gt;  					&lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c614d25743&amp;e=73d7fb3d81&quot;&gt;Americas&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;              The economic outlook for most countries in the Americas region has improved this month, as recent data indicates that economic activity has not slowed as much as feared in some of the key economies.                   &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=176e1460ec&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                &lt;/table &gt;   &lt;/td&gt;   &lt;/tr&gt;   &lt;tr&gt;   &lt;td style=&quot;width: 625px&quot;&gt;   &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=eaf2092813&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=6be197aa4d&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c00e0059af&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                     &lt;/div&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt; &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=6be197aa4d&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/6949450682917032933/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/global-players-ursula-burns-ceo.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6949450682917032933'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6949450682917032933'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/global-players-ursula-burns-ceo.html' title='Global Players: Ursula Burns, CEO &amp; Chairwoman, Xerox'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-6212757257490270387</id><published>2011-01-07T10:00:00.001-08:00</published><updated>2011-01-07T10:00:20.098-08:00</updated><title type='text'>A Postcard from the Middle East: Women Investors on the Rise</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=36c81a3b6c&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt;  &lt;/tr&gt;   &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 100%;&quot;&gt;           &lt;table style=&quot;width: 592px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 585px;&quot;&gt;         &lt;img style=&quot;float: right;&quot; src=&quot;http://www.thomaswhite.com/images/Explore-world-new/img-egypt-stamp-01.jpg&quot; alt=&quot;Egypt stamp&quot; align=&quot;right&quot; title=&quot;Egypt stamp&quot; /&gt;         &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                 January 7, 2011               &lt;/div&gt;               &lt;br /&gt;           &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                A Postcard from the Middle East            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                Women Investors on the Rise&amp;nbsp;             &lt;/p&gt;             &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;       &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;     &lt;tr&gt;     &lt;td&gt;     &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;5px&quot; style=&quot;float: left;&quot;&gt;     &lt;tr&gt;      &lt;td style=&quot;width: 300px;&quot;&gt;      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border-width:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/postcards/img-middle-east-women-investors-jan2011.jpg&quot; alt=&quot;Women working at the computer&quot; title=&quot;Women working at the computer&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;    &lt;p style=&quot;font-size:11px;font-family:Arial, Helvetica, sans-serif;margin-top:5px;&quot;&gt;Women investors in the Middle East are gaining more control over their finances, and are becoming increasingly conscious about wealth management.&lt;/p&gt;        &lt;/td&gt;      &lt;/tr&gt;      &lt;/table&gt;     &lt;/td&gt;      &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;line-height: 19pt;&quot; valign=&quot;top&quot;&gt;&lt;p&gt;         Walking into a women&#39;s only bank in Dubai often feels like entering a spa, such         is the exclusivity of these banks. These women-only banks originally sprouted up         in Saudi Arabia as a way of catering to wealthy Arab women in a society where         women are not allowed to freely mingle among men. These days though, it&#39;s not         just banks that are courting affluent women investors. Now, there is a women&#39;s         floor on the Kuwait Stock Exchange, and a wealth management company last year         launched an investment strategy product aimed solely at women investors in the         &lt;a class=&quot;APEdocument APEinternal&quot; href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=3c1ab9d736&amp;e=73d7fb3d81&quot; title=&quot;Middle East Overview&quot;&gt;Middle East&lt;/a&gt;.&lt;/p&gt;      &lt;/td&gt;     &lt;/tr&gt;      &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td colspan=&quot;2&quot; style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;padding:0px 0 5px 5px;line-height: 19pt&quot;&gt;       &lt;p style=&quot;display:inline;&quot;&gt;Why all the fuss? The statistics from a study by the &lt;/p&gt;       Boston Consultancy Group (BCG) are startling.      Women investors control around 22% of the assets under management in the Middle      East. That is around $0.7 trillion. And this is wealth          that is expected to grow 8% through the years to 2014. Women in the Gulf          Cooperation Council (GCC), which includes Saudi Arabia, Kuwait, Bahrain, Qatar,          Oman and the United Arab Emirates, are estimated to hold billions in personal          wealth; $12 billion belongs to Saudi Arabian women, of which 75% sits in cash          deposits and 20% in unit trusts. Clearly, this is a fast-growing segment that          businesses around the world are seeking to tap.&lt;p&gt;There have been a few trailblazing women investors from the Middle East who have          overcome the typical hurdles that women investors face. Nahed Taher quit a job          at Saudi Arabia&#39;s National Commercial Bank because she found it &#39;boring&#39; and          then became the chief executive officer of Gulf One Investment Bank, the first          Saudi woman to head a bank in the Gulf Region. Taher recently vaulted to Forbes&amp;#39;          list of the 100 Most Powerful Women in the World in 2006.&lt;/p&gt; &lt;p&gt;Awareness, however, is growing. The Financial Services for Women Middle East     Summit was recently held at the Shangri-La Hotel in Dubai with the focus on the     female customer. Or should we say the women investor who is increasingly     sophisticated and looking for varied and high profile investment products that     suit her risk appetite. In which case, there is much work to be done in that     field. Strategies have to be retooled to fit the expectations of the wealthy     Middle Eastern woman investor. Studies have to be conducted to understand and     analyze these women&#39;s investment appetite. Several financial products may have     to be tailored to meet their needs. For it has become quite apparent, the rich     woman investor from the Middle East wants more from her bank than a spa.&lt;/p&gt;             &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                 &lt;/td&gt;  &lt;/tr&gt;                 &lt;tr&gt;                 &lt;td&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                  &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=beabcef293&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                  &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Monthly Economic Reviews&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                  &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 188px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt; 				   &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/RegionReview-Africa.JPG&quot; style=&quot;border: 2px solid rgb(182, 159, 90);&quot; alt=&quot;Region review - Africa&quot; title=&quot;Region review - Africa&quot;&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size: 12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                 &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=729540e5b9&amp;e=73d7fb3d81&quot;&gt;Middle East / Africa&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size: small;&quot;&gt;New&lt;/sup&gt;                      &lt;br /&gt;                  Oil exporting countries in the Middle East North Africa (MENA) region will see their GDP boom in 2011 on the strength of rising energy prices, while importers like Morocco will witness a decline, according to a new report published by Credit Agricole CIB Bank.                  &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=a0cfc75453&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background: url(&amp;quot;http://thomaswhite.com/images/common/arrow.gif&amp;quot;) no-repeat scroll left 5px transparent; padding-left: 10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt;   				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;              &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Green                Report&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;    &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-promote-renewable-energy-buy-an-rec.jpg&quot; alt=&quot;Promote Renewable Energy, Buy an REC&quot; title=&quot;Promote Renewable Energy, Buy an REC&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=65f846a797&amp;e=73d7fb3d81&quot;&gt;Promote Renewable Energy, Buy an REC&lt;/a&gt;&lt;/strong&gt;                       &lt;br&gt;                Many a time due to high expenses, green technologies don&#39;t progress beyond small scale implementation. Now, there may be hope in the purchase of Renewable Energy Certificates (RECs).                 &lt;br&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=deea9cdbd8&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                &lt;/table &gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td&gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;padding-left:0px;&quot;&gt;                &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 19pt&quot;&gt;                      Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=d5746ef85e&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=d6220cd89c&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=129149d12a&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;              &lt;/td&gt;              &lt;/tr&gt;              &lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=d6220cd89c&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/6212757257490270387/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/postcard-from-middle-east-women.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6212757257490270387'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6212757257490270387'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/postcard-from-middle-east-women.html' title='A Postcard from the Middle East: Women Investors on the Rise'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-4209027235142876809</id><published>2011-01-06T12:01:00.001-08:00</published><updated>2011-01-06T12:01:22.040-08:00</updated><title type='text'>Thomas White Funds Annual Report 2010</title><content type='html'>&lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 625px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=467d3262e0&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;70&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt;         &lt;table style=&quot;width:625px;border: 1px solid rgb(204, 204, 204);&quot;&gt;         &lt;tr&gt;         &lt;td valign=&quot;top&quot; style=&quot;padding-left: 8px; padding-right:4px;padding-bottom: 8px; padding-top: 8px; width: 534px; height: 150px;&quot;&gt;           &lt;div style=&quot;height:30px;margin:0;padding:0; width:428px;&quot;&gt;                  &lt;div style=&quot;margin:0;font-size:32px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 0px 0px; width:530px; height: 55px;&quot;&gt;                     2010 Fund Annual Report                     &lt;br /&gt;                 &lt;/div&gt;              &lt;/div&gt;              &lt;br /&gt;        &lt;div&gt;                         &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;                &lt;p&gt;The Thomas White Funds Annual Report for the year ending October 31, 2010, is now available on our website. Please follow the link given below to download the Report in PDF format.&lt;/p&gt;                &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=00d104b33b&amp;e=73d7fb3d81&quot;&gt;2010 Thomas White Funds Annual Report&lt;/a&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/img-pdf.JPG&quot; width=&quot;18px&quot; height=&quot;20px&quot; /&gt;&lt;/p&gt;                     &lt;/div&gt;                       &lt;/div&gt;             &lt;/td&gt;         &lt;/tr&gt;         &lt;/table&gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                  &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=a8945f93c8&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about over 49 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below.&lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                 &lt;td style=&quot;width: 190px; height: 5px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;100px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:100px;font-size:12px;&quot;&gt;Green Reports&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-promote-renewable-energy-buy-an-rec.jpg&quot; alt=&quot;Promote Renewable Energy, Buy an REC&quot; title=&quot;Promote Renewable Energy, Buy an REC&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=820c8df3d4&amp;e=73d7fb3d81&quot;&gt;Promote Renewable Energy, Buy an REC&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                Many a time due to high expenses, green technologies don&#39;t progress beyond small scale implementation. Now, there may be hope in the purchase of Renewable Energy Certificates (RECs).                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=710d20449a&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;width: 190px; height: 55px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;100px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:100px;font-size:12px;&quot;&gt;Emerging Leaders&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 121px; width: 190px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt;                &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-recep-tayyip-erdogan.jpg&quot; alt=&quot;Recep Tayyip Erdogan&quot; title=&quot;Recep Tayyip Erdogan&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt; 				 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; font-family: arial,helvetica,sans-serif; font-size: 12px; height: 121px;&quot;&gt;                &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;                      &lt;p style=&quot;line-height: 15pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4417cb0f6c&amp;e=73d7fb3d81&quot;&gt;Recep Tayyip Erdogan, Prime Minister, Turkey&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                 &lt;b&gt;Recep Tayyip Erdogan&lt;/b&gt;, Turkey&#39;s Prime Minister is an extremely popular figure in the country thanks to his progressive economic outlook and efforts that pulled Turkey out of a recessionary slide.                   &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b5a36ab5cd&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                 &lt;/table &gt;               &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=464df9ec3a&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=77751b659f&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=537d1155ab&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;        &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=77751b659f&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/4209027235142876809/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/thomas-white-funds-annual-report-2010.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/4209027235142876809'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/4209027235142876809'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/thomas-white-funds-annual-report-2010.html' title='Thomas White Funds Annual Report 2010'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-1541458442643423689</id><published>2011-01-05T11:30:00.001-08:00</published><updated>2011-01-05T11:30:24.083-08:00</updated><title type='text'>Regional Economic Reviews: December 2010</title><content type='html'>&lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 625px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=5a3e26c703&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;70&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt;         &lt;table style=&quot;width:625px;border: 1px solid rgb(204, 204, 204);&quot;&gt;         &lt;tr&gt;         &lt;td valign=&quot;top&quot; style=&quot;padding-left: 8px; padding-right:4px;padding-bottom: 8px; padding-top: 8px; width: 534px; height: 614px;&quot;&gt;           &lt;div style=&quot;height:10px;margin:0;padding:0; width:428px;&quot;&gt;                  &lt;div style=&quot;margin:0;font-size:22px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 0px 0px; width:530px; height: 55px;&quot;&gt;                     Economic Reviews - December 2010                     &lt;br /&gt;                 &lt;/div&gt;              &lt;/div&gt;              &lt;br /&gt;        &lt;div&gt;                         &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;                       &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;width:605px;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;                      &lt;tr&gt;                      &lt;td&gt;                     &lt;p&gt;&lt;div style=&quot;padding:12px 1px 0 12px; width:592px;&quot;&gt;                         &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;                         &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot;&gt;                         &lt;tr&gt;                         &lt;td style=&quot;width: 190px;padding-left:3px;&quot;&gt;                          &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border: solid 1px #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img alt=&quot;Region review - Europe&quot; height=&quot;125&quot; src=&quot;http://thomaswhite.com/images/explore-world/RegionReview-Europe.JPG&quot; title=&quot;Region review - Europe&quot; width=&quot;175&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;                           &lt;/td&gt;                         &lt;td&gt;                         &lt;div style=&quot;padding:4px 3px 0 8px;font-family: arial,helvetica,sans-serif; font-size: 12px;line-height:15pt;&quot;&gt;                           &lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=71757cfd5c&amp;e=73d7fb3d81&quot;&gt;Europe&lt;/a&gt;&lt;/strong&gt;                           &lt;br /&gt;                             Emerging Eastern Europe outperformed on the strength of its robust recovery while sentiments improved slightly in Developed Europe following Ireland&#39;s bailout and better economic data from several sectors.                             &lt;br /&gt;                             &lt;a class=&quot;read-more&quot; href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=66d4124719&amp;e=73d7fb3d81&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;                                     Read more&lt;/a&gt;                         &lt;/div&gt;                         &lt;/td&gt;                         &lt;/tr&gt;                         &lt;/table&gt;                            &lt;div style=&quot;clear: both;display: block;visibility: hidden;height: 20px;content:&#39;.&#39;&quot;&gt;&amp;nbsp;&lt;/div&gt;                          &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot;&gt;                          &lt;tr&gt;                          &lt;td style=&quot;width: 190px;padding-left:3px;&quot;&gt;                          &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img alt=&quot;Region review - Asia&quot; src=&quot;http://thomaswhite.com/images/explore-world/RegionReview-Asia.JPG&quot; title=&quot;Region review - Asia&quot; width=&quot;175&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;                          &amp;nbsp;                       &lt;/td&gt;&lt;td&gt;                           &lt;div style=&quot;padding:4px 3px 0 8px;font-family: arial,helvetica,sans-serif; font-size: 12px;line-height:15pt;&quot;&gt;                          &lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=46c0858dd1&amp;e=73d7fb3d81&quot;&gt;Asia Pacific&lt;/a&gt;&lt;/strong&gt;                              &lt;br /&gt;                               The Asia Pacific continues to lead the global economic recovery, but escalating tensions between South Korea and North Korea have cast a cloud on the region&#39;s near-term prospects.                               &lt;br /&gt;                                &lt;a class=&quot;read-more&quot; href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=643db52c68&amp;e=73d7fb3d81&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;                                     Read more&lt;/a&gt;                         &lt;/div&gt;                            &lt;/td&gt;                            &lt;/tr&gt;                            &lt;/table&gt;                        &lt;div style=&quot;clear: both;display: block;visibility: hidden;height: 10px;content:&#39;.&#39;&quot;&gt;&amp;nbsp;&lt;/div&gt;                              &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot;&gt;                             &lt;tr&gt;                             &lt;td style=&quot;width: 190px;padding-left:3px;&quot;&gt;                           &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img alt=&quot;Region review - Americas&quot; height=&quot;125&quot; src=&quot;http://thomaswhite.com/images/explore-world/RegionReview-Americas.JPG&quot; title=&quot;Region review - Americas&quot; width=&quot;175&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;                           &lt;/td&gt;                         &lt;td&gt;                         &lt;div style=&quot;padding:4px 3px 0 8px;font-family: arial,helvetica,sans-serif; font-size: 12px;line-height:15pt;&quot;&gt;                             &lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=41d94cf76d&amp;e=73d7fb3d81&quot;&gt;Americas&lt;/a&gt;&lt;/strong&gt;&lt;br /&gt;                             The economic outlook for most countries in the Americas region has improved this month, as recent data indicates that economic activity has not slowed as much as feared in some of the key economies.                             &amp;nbsp;&lt;br /&gt;                                 &lt;a class=&quot;read-more&quot; href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b411a09222&amp;e=73d7fb3d81&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;                                     Read more&lt;/a&gt;                                     &lt;/div&gt;                         &lt;/td&gt;                         &lt;/tr&gt;                         &lt;/table&gt;                         &lt;div style=&quot;clear: both;display: block;visibility: hidden;height: 20px;content:&#39;.&#39;&quot;&gt;&amp;nbsp;&lt;/div&gt;                          &lt;table cellspacing=&quot;0&quot; border=&quot;0&quot; cellpadding=&quot;0&quot;&gt;                          &lt;tr&gt;                          &lt;td style=&quot;width: 190px;padding-left:3px;&quot;&gt;                          &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img alt=&quot;Region review - Africa&quot; height=&quot;125&quot; src=&quot;http://thomaswhite.com/images/explore-world/RegionReview-Africa.JPG&quot; title=&quot;Region review - Africa&quot; width=&quot;175&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;                          &lt;/td&gt;                         &lt;td&gt;                         &lt;div style=&quot;padding:4px 3px 0 8px;font-family: arial,helvetica,sans-serif; font-size: 12px;line-height:15pt;&quot;&gt;                             &lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=eef807ae75&amp;e=73d7fb3d81&quot;&gt;Middle East &amp; Africa&lt;/a&gt;&lt;/strong&gt;&lt;br /&gt;                              Oil exporting countries in the Middle East North Africa (MENA) region will see their GDP boom in 2011 on the strength of rising energy prices, while importers like Morocco will witness a decline, according to a new report published by Credit Agricole CIB Bank.                                 &lt;br /&gt;                                 &lt;a class=&quot;read-more&quot; href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=76b7de6edc&amp;e=73d7fb3d81&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;                                     Read more&lt;/a&gt;                         &lt;/div&gt;                         &lt;/td&gt;                         &lt;/tr&gt;                         &lt;/table&gt;                         &lt;/div&gt;                       &lt;/div&gt;                            &lt;/td&gt;                           &lt;/tr&gt;                           &lt;/table&gt;                     &lt;/div&gt;                       &lt;/div&gt;             &lt;/td&gt;         &lt;/tr&gt;         &lt;/table&gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                  &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=26d5dcfe01&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about over 49 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below.&lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                 &lt;td style=&quot;width: 190px; height: 5px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;100px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:100px;font-size:12px;&quot;&gt;Green Reports&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-promote-renewable-energy-buy-an-rec.jpg&quot; alt=&quot;Promote Renewable Energy, Buy an REC&quot; title=&quot;Promote Renewable Energy, Buy an REC&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=97d8274ae2&amp;e=73d7fb3d81&quot;&gt;Promote Renewable Energy, Buy an REC&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                Many a time due to high expenses, green technologies don&#39;t progress beyond small scale implementation. Now, there may be hope in the purchase of Renewable Energy Certificates (RECs).                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=00e9dcc449&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;width: 190px; height: 55px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;100px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:100px;font-size:12px;&quot;&gt;Emerging Leaders&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 121px; width: 190px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt;                &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-recep-tayyip-erdogan.jpg&quot; alt=&quot;Recep Tayyip Erdogan&quot; title=&quot;Recep Tayyip Erdogan&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt; 				 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; font-family: arial,helvetica,sans-serif; font-size: 12px; height: 121px;&quot;&gt;                &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;                      &lt;p style=&quot;line-height: 15pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4f3de27299&amp;e=73d7fb3d81&quot;&gt;Recep Tayyip Erdogan, Prime Minister, Turkey&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                 &lt;b&gt;Recep Tayyip Erdogan&lt;/b&gt;, Turkey&#39;s Prime Minister is an extremely popular figure in the country thanks to his progressive economic outlook and efforts that pulled Turkey out of a recessionary slide.                   &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=ec1bd4b6e1&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                 &lt;/table &gt;               &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=63338495f8&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=130403f635&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c2ba7a4688&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;        &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=130403f635&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/1541458442643423689/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/regional-economic-reviews-december-2010.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/1541458442643423689'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/1541458442643423689'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/regional-economic-reviews-december-2010.html' title='Regional Economic Reviews: December 2010'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-6120355132308150901</id><published>2011-01-05T10:00:00.001-08:00</published><updated>2011-01-05T10:00:19.951-08:00</updated><title type='text'>Green Report: Promote Renewable Energy, Buy an REC</title><content type='html'>&lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 625px;&quot;&gt;                     &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=45c3e445cc&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;70&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 625px;&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;             &lt;div&gt;            &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; style=&quot;width: 600px&quot;&gt;            &lt;tr&gt;            &lt;td style=&quot;height: 154px&quot;&gt;              &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot;&gt;&lt;tr&gt;&lt;td&gt;            &lt;p style=&quot;font-family:Times New Roman, Times, serif; font-size: 19px; line-height: 16pt;color:#009933; padding-bottom:5px&quot;&gt;                JANUARY 5, 2011            &lt;/p&gt;              &lt;p style=&quot;font-family:Times New Roman, Times, serif; font-size: 19px; line-height: 16pt;color:#009933;&quot;&gt;              Promote Renewable Energy, Buy an REC             &lt;/p&gt;            &lt;/td&gt;             &lt;/tr&gt;            &lt;/table&gt;            &lt;/td&gt;            &lt;td style=&quot;height: 154px&quot;&gt;            &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;            &lt;tr&gt;            &lt;td align=&quot;right&quot;&gt;                             &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/img-raster-01.JPG&quot; alt=&quot;Green Report&quot; width=&quot;120&quot; height=&quot;100&quot; title=&quot;Green Report&quot; /&gt;             &lt;/td&gt;            &lt;/tr&gt;            &lt;tr&gt;            &lt;td&gt;            &amp;nbsp;            &lt;/td&gt;            &lt;/tr&gt;             &lt;tr&gt;            &lt;td align=&quot;right&quot;&gt;            &lt;div style=&quot;padding-right:1px; &quot;&gt;                        &lt;p style=&quot;font-family:Times New Roman, Times, serif; font-size: 24px; line-height: 16pt;color:#009933;&quot;&gt;                             The Green Report  &lt;/p&gt;            &lt;/div&gt; &lt;/td&gt;            &lt;/tr&gt;             &lt;/table&gt;             &lt;/td&gt;            &lt;/tr&gt;            &lt;/table&gt;            &lt;/div&gt;            &lt;hr /&gt;&lt;br /&gt;             &lt;div style=&quot;padding:0px 3px 0px 3px;&quot;&gt;            &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td&gt;               &lt;table border=&quot;0&quot; cellspacing=&quot;2&quot; cellpadding=&quot;0&quot; style=&quot;border:1px solid #B69F5A; margin:5px;margin-bottom:0px;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;               &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-promote-renewable-energy-buy-an-rec.jpg&quot; alt=&quot;Promote Renewable Energy, Buy an REC&quot; title=&quot;Promote Renewable Energy, Buy an REC&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;    &lt;/td&gt;     &lt;td style=&quot;padding:0px;&quot;&gt; &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt;  margin-bottom:0px;&quot;&gt;A big hindrance to the development and promotion of green technologies is cost. Many a time due to high expenses, new technologies don&#39;t move beyond small scale implementation. Now, there may be hope in the purchase of Renewable Energy Certificates (RECs).&lt;/p&gt;   &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt;padding:3px 0 5px 3px; display:inline; &quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=3686f646ca&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px; &quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;             &lt;/td&gt;           &lt;/tr&gt;           &lt;/table&gt;             &lt;/div&gt;                   &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:625px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=1a93286fdd&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                   &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Emerging Leaders&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 188px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt; 				   &lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-recep-tayyip-erdogan.jpg&quot; style=&quot;border: 2px solid rgb(182, 159, 90);&quot; alt=&quot;Recep Tayyip Erdogan&quot; title=&quot;Recep Tayyip Erdogan&quot;&gt; 				  &lt;/div&gt;                 &lt;/td&gt;                &lt;td style=&quot;font-size: 12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c804e02643&amp;e=73d7fb3d81&quot;&gt;Recep Tayyip Erdogan, Prime Minister, Turkey&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size: small;&quot;&gt;New&lt;/sup&gt;                      &lt;br&gt;                  &lt;b&gt;Recep Tayyip Erdogan&lt;/b&gt;, Turkey&#39;s Prime Minister is an extremely popular figure in the country thanks to his progressive economic outlook and efforts that pulled Turkey out of a recessionary slide.                  &lt;br&gt;                   &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=34a4fda281&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background: url(&amp;quot;http://thomaswhite.com/images/common/arrow.gif&amp;quot;) no-repeat scroll left 5px transparent; padding-left: 10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt;   				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;               &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Monthly Economic Reviews&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                 &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/RegionReview-Americas.JPG&quot; alt=&quot;Region review - Americas&quot; title=&quot;Region review - Americas&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                 &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=55760284be&amp;e=73d7fb3d81&quot;&gt;Americas&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                The economic outlook for most countries in the Americas region has improved this month, as recent data indicates that economic activity has not slowed as much as feared in some of the key economies.                 &lt;br /&gt; 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You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=9420ce9ed5&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;margin-top: 13.2pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=f0e737e13c&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                      &lt;p style=&quot;line-height: 13.25pt; margin-top: 13.2pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=16c87c0ec0&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 13.25pt; margin-top: 13.2pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;margin-top: 13.2pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=f0e737e13c&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/6120355132308150901/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/green-report-promote-renewable-energy.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6120355132308150901'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/6120355132308150901'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/green-report-promote-renewable-energy.html' title='Green Report: Promote Renewable Energy, Buy an REC'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-1336121836973058530</id><published>2011-01-04T10:01:00.001-08:00</published><updated>2011-01-04T10:01:22.621-08:00</updated><title type='text'>Emerging Leaders: Recep Tayyip Erdogan, Prime Minister, Turkey</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=7689fea477&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 600px;&quot;&gt;           &lt;table style=&quot;width: 600px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 600px;&quot;&gt;          &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                January 4, 2011               &lt;/div&gt;             &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                   Emerging Leaders            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;           Recep Tayyip Erdogan, Prime Minister, Turkey            &lt;/p&gt;            &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;        &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;      &lt;tr&gt;     &lt;td style=&quot;width:auto;&quot;&gt;       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-recep-tayyip-erdogan.jpg&quot; alt=&quot;Recep Tayyip Erdogan&quot; title=&quot;Recep Tayyip Erdogan&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;           &lt;/td&gt;      &lt;td style=&quot;width: 1%;&quot;&gt;&lt;/td&gt;     &lt;td style=&quot;vertical-align:middle;&quot;&gt;      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;Turkey, which geopolitically straddles the Middle East and Europe, has always been divided between headscarves and beachwear, Islamic conservatism and European liberal thinking. None embodies this dichotomy more than Recep Tayyip Erdogan, Turkey&#39;s Prime Minister. At once a devout Muslim and a democratic politician, Erdogan is one of Turkey&#39;s most influential leaders in modern times.&lt;/p&gt;      &lt;p style=&quot;margin-left:5px;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt; margin-top:0pt;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=292f2e5672&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;&quot;&gt;Read more&lt;/a&gt;&lt;/p&gt;  &lt;/td&gt;  &lt;/tr&gt; &lt;tr&gt; &lt;td colspan=&quot;3&quot;&gt;        &lt;/td&gt;      &lt;!--      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;padding:3px 0 0px 6px;&quot;&gt;Slim was declared the world&#39;s wealthiest man, overtaking Bill Gates in 2007. At that time, his fortune was estimated at $68 billion, equivalent to almost 7% of his home country Mexico&#39;s GDP.&lt;/p&gt;--&gt;      &lt;/tr&gt;     &lt;/table&gt;   &lt;/td&gt; &lt;/tr&gt;                  &lt;/table &gt;                  &lt;/td&gt;   &lt;/tr&gt;  &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                  &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=a9dfb2ea87&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                   &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                 &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:90px;font-size:12px;&quot;&gt;Postcards&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                 &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-peru-retail-industry.jpg&quot; alt=&quot;Checkout point in a store&quot; title=&quot;Checkout point in a store&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;    &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=87eb2046a4&amp;e=73d7fb3d81&quot;&gt;Peru&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                 Peru&#39;s retail market is booming, spurred on by a rapidly growing economy and rising consumer confidence.                 &lt;br /&gt;                   &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=00f4f9580c&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                 &lt;br /&gt;               &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Monthly Economic Reviews&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                 &lt;/tr&gt;                 &lt;tr&gt;                &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                 &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt; 				    &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/RegionReview-Asia.JPG&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Region review - Asia&quot; title=&quot;Region review - Asia&quot; /&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px;font-family: arial,helvetica,sans-serif; font-size: 12px; height: 151px;&quot;&gt;  					&lt;div&gt;                       &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=e3cbd2f9a9&amp;e=73d7fb3d81&quot;&gt;Asia Pacific&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                      &lt;br /&gt;             The Asia Pacific continues to lead the global economic recovery, but escalating tensions between South Korea and North Korea have cast a cloud on the region&#39;s near-term prospects.                   &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=16035c1709&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                 &lt;/table &gt;   &lt;/td&gt;   &lt;/tr&gt;   &lt;tr&gt;   &lt;td style=&quot;width: 625px&quot;&gt;   &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                    &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                      Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=31193d209c&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=e5c5543281&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=87797fa36f&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;© Thomas White International, Ltd. 2011&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt; &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=e5c5543281&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/1336121836973058530/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2011/01/emerging-leaders-recep-tayyip-erdogan.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/1336121836973058530'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/1336121836973058530'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2011/01/emerging-leaders-recep-tayyip-erdogan.html' title='Emerging Leaders: Recep Tayyip Erdogan, Prime Minister, Turkey'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-5481938159475520800</id><published>2010-12-31T07:00:00.001-08:00</published><updated>2010-12-31T07:00:22.829-08:00</updated><title type='text'>Peru Postcard : Retail Sector Picks up along with Economic Growth</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=8693733cc4&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt;  &lt;/tr&gt;   &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 100%;&quot;&gt;           &lt;table style=&quot;width: 592px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 585px;&quot;&gt;         &lt;img style=&quot;float: right;&quot; src=&quot;http://www.thomaswhite.com/images/Explore-world-new/img-peru-stamp-01.jpg&quot; alt=&quot;Peru stamp&quot; align=&quot;right&quot; title=&quot;Peru stamp&quot; /&gt;         &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                 December 31, 2010               &lt;/div&gt;               &lt;br /&gt;           &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;              A Postcard from the Americas            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;          Peru: Retail Sector Picks up along with Economic Growth            &lt;/p&gt;              &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;       &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;     &lt;tr&gt;     &lt;td&gt;     &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; style=&quot;float: left; padding-right: 8px;&quot;&gt;     &lt;tr&gt;     &lt;td style=&quot;width: 300px;&quot;&gt;       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border-width:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/postcards/img-peru-retail-industry.jpg&quot; alt=&quot;Checkout point in a store&quot; title=&quot;Checkout point in a store&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;    &lt;p style=&quot;font-size:11px;font-family:Arial, Helvetica, sans-serif;margin-top:5px;&quot;&gt;Business Monitor International expects the Peruvian mass grocery retail sector to expand by a staggering 80% over the next five years.&lt;/p&gt;        &lt;/td&gt;     &lt;/tr&gt;       &lt;/table&gt;     &lt;/td&gt;     &lt;td style=&quot;width:5px;&quot;&gt;     &lt;/td&gt;     &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;line-height: 19pt;&quot;&gt;       &lt;p&gt;Retail giant Wal-Mart was recently quoted as saying that it was not looking to expand operations into &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=eeeda7f14d&amp;e=73d7fb3d81&quot; title=&quot;Peru Country Profile&quot;&gt;Peru&lt;/a&gt;. For a company that rode the recession relatively well, one wonders if the world&#39;s largest low-cost retailer may have missed the mark here. Truth be told- Peru&#39;s retail market is booming, spurred on by a rapidly growing economy and rising consumer confidence.&lt;/p&gt;      &lt;p style=&quot;display:inline;&quot;&gt;The latest government estimates expect the &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=7358d27929&amp;e=73d7fb3d81&quot; title=&quot;Economic Review Americas&quot;&gt;Peruvian economy&lt;/a&gt; to grow 8% this year before slowing to 6% in 2011. The economy is the fastest growing in Latin America and indeed one of the&lt;/p&gt;      &lt;/td&gt;     &lt;/tr&gt;     &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td colspan=&quot;2&quot; style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;padding:0px 0 5px 0px;line-height: 19pt&quot;&gt;  &lt;p style=&quot;display:inline;&quot;&gt;most rapidly expanding in the world. Third quarter gross domestic product (GDP) rose 9.5% year-on-year, pushing growth for the first nine months of the year to 8.6%. Driving GDP ahead was the retail sector – expanding 9.6% in the third quarter.&lt;/p&gt; &lt;p&gt;When asked to give reasons for its absence in Peru, Wal-Mart said that it was looking to focus more on its operations in &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=202aaba8fe&amp;e=73d7fb3d81&quot; title=&quot;Chile Country Profile&quot;&gt;Chile&lt;/a&gt;, another growing giant. But others are not complaining. Supermarket and cloth retailers have had reason to rejoice in Peru this year. Supermercados Peruanos, which is the second largest supermarket chain in Peru, launched 10 new stores in 2010 already. And it&#39;s not just the capital of Lima which is interesting retail investors. Retailers are also looking to diversify reach outside Lima, and shopping centers have mushroomed in cities such as Arequipa, Huancayo, Trujillo and Cajamarca. While Wal-Mart declined, other retailers have checked in. The Chilean retail group, Cencosud, announced earlier this year that it would invest $230 million to open 10 new supermarkets in the Peru. Another Chilean company, Falabella, also announced expansion plans.&lt;/p&gt;  &lt;p&gt;It is not just economic success that is cushioning the retail boom in Peru. Retail sales have also been spurred by the easy access consumers have had to credit. From just 210,000 credit cards in 1996, there were more than six million credit cards in circulation in 2009. Around 80% of Peru&#39;s households are expected to have at least one credit card by 2016. Easy money need not always lead to easy spending, but in Peru&#39;s case – the growth of a strong middle class has formed the backbone of domestic consumption. Inflationary pressures have remained relatively benign, allowing the Peruvian central bank the freedom to hold its interest rate steady in November.&lt;/p&gt; &lt;p&gt;Will there be a cloud to damper such a rosy horizon in Peru? Risks do come into play. The country&#39;s infrastructure needs to be upgraded. The Presidential elections in April 2011 will obviously be crucial for Peru&#39;s future. These elections will determine the successor to Alan Garcia Perez, but none of the candidates in the fray including former President Alberto Fujimori&#39;s daughter, Keiko Fujimori, have indicated a dramatic shift in market-friendly policies. Moreover, the country has strong fundamentals – its public finances remain sound and it has a stable banking sector. These are factors that should drive retailing ahead – the market is still young and growth is sustainable. Shopping never sounded so good.&lt;/p&gt;            &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                 &lt;/td&gt;  &lt;/tr&gt;                 &lt;tr&gt;                 &lt;td&gt;                  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=992c5ae1e5&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                  &lt;/td&gt;                 &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Monthly Economic Reviews&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 188px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt; 				   &lt;img src=&quot;http://www.thomaswhite.com/images/explore-world/RegionReview-Asia.JPG&quot; style=&quot;border: 2px solid rgb(182, 159, 90);&quot; alt=&quot;Region review - Asia&quot; title=&quot;Region review - Asia&quot;&gt; 				  &lt;/div&gt;                 &lt;/td&gt;                &lt;td style=&quot;font-size: 12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=fbb806e18a&amp;e=73d7fb3d81&quot;&gt;Asia Pacific&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size: small;&quot;&gt;New&lt;/sup&gt;                      &lt;br /&gt;                  The Asia Pacific continues to lead the global economic recovery, but escalating tensions between South Korea and North Korea have cast a cloud on the region&#39;s near-term prospects.                  &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=22c5bb0b8d&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background: url(&amp;quot;http://thomaswhite.com/images/common/arrow.gif&amp;quot;) no-repeat scroll left 5px transparent; padding-left: 10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;  				 				  &lt;/div&gt;   				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                 &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Global Players&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-wolfgang-schauble.jpg&quot; alt=&quot;Wolfgang Schauble&quot; title=&quot;Wolfgang Schauble&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=19f088dbb7&amp;e=73d7fb3d81&quot;&gt;Wolfgang Schauble, Finance Minister, Germany&lt;/a&gt;&lt;/strong&gt;                      &lt;br&gt;                Hailed as the architect of Germany&#39;s reunification, &lt;b&gt;Wolfgang Schauble&lt;/b&gt;, the country&#39;s Finance Minister, is now holding the country together with his economic policies.                 &lt;br&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=eda483a90a&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table &gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td&gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;padding-left:15px;&quot;&gt;                &lt;tr&gt;                &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 19pt&quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=e64d0fec13&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=6129dc100c&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=9376d8132b&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2010&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;              &lt;/td&gt;              &lt;/tr&gt;              &lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=6129dc100c&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/5481938159475520800/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2010/12/peru-postcard-retail-sector-picks-up.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/5481938159475520800'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/5481938159475520800'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2010/12/peru-postcard-retail-sector-picks-up.html' title='Peru Postcard : Retail Sector Picks up along with Economic Growth'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-4687429644155970369</id><published>2010-12-28T10:01:00.001-08:00</published><updated>2010-12-28T10:01:19.753-08:00</updated><title type='text'>Global Players: Wolfgang Schauble, Finance Minister, Germany</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=02cea8e2ee&amp;e=73d7fb3d81&quot;&gt;                     &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 600px;&quot;&gt;           &lt;table style=&quot;width: 600px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 600px;&quot;&gt;          &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                December 28, 2010               &lt;/div&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                   Global Players            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;           Wolfgang Schauble, Finance Minister, Germany            &lt;/p&gt;            &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;       &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;      &lt;tr&gt;     &lt;td style=&quot;width:auto;&quot;&gt;       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/global-players/i-wolfgang-schauble.jpg&quot; alt=&quot;Wolfgang Schauble&quot; title=&quot;Wolfgang Schauble&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;           &lt;/td&gt;      &lt;td style=&quot;width: 1%;&quot;&gt;&lt;/td&gt;     &lt;td style=&quot;vertical-align:middle;&quot;&gt;   &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;&quot;&gt;Hailed as the architect of Germany&#39;s reunification, &lt;b&gt;Wolfgang Schauble&lt;/b&gt;, the country&#39;s Finance Minister, is now holding the country together with his economic policies.&lt;/p&gt;      &lt;p style=&quot;margin-left:5px;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 13pt; margin-top:0pt;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=1c679771e8&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;&quot;&gt;Read more&lt;/a&gt;&lt;/p&gt;  &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td colspan=&quot;3&quot;&gt;         &lt;/td&gt;      &lt;!--      &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 15pt;padding:3px 0 0px 6px;&quot;&gt;Slim was declared the world&#39;s wealthiest man, overtaking Bill Gates in 2007. At that time, his fortune was estimated at $68 billion, equivalent to almost 7% of his home country Mexico&#39;s GDP.&lt;/p&gt;--&gt;      &lt;/tr&gt;     &lt;/table&gt;   &lt;/td&gt; &lt;/tr&gt;                  &lt;/table &gt;                  &lt;/td&gt;  &lt;/tr&gt;  &lt;tr&gt;  &lt;td style=&quot;width: 625px&quot;&gt;  &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=61bdd7d3d2&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                   &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D;  width:150px;font-size:12px;&quot;&gt;Weekly Postcards&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                      &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;    &lt;img src=&quot;http://www.thomaswhite.com/images/postcards/i-turkey-energy-hub.jpg&quot; alt=&quot;Gas pipeline&quot; title=&quot;Gas pipeline&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                      &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4390452f02&amp;e=73d7fb3d81&quot;&gt;Turkey&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                 Turkey, which is poised to become the third-largest economy in Europe by 2050, is also rapidly developing into an energy hub in Europe.                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=35b820d623&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                 &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Green Reports&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                 &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;width: 183px; height: 151px&quot;&gt;                 &lt;div class=&quot;blurb-img&quot; style=&quot;width:170px;&quot;&gt; 				    &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-carbon-emissions-and-the-internet-is-cloud-computing-the-answer.jpg&quot; style=&quot;border:2px solid #B69F5A;&quot; alt=&quot;Carbon Emissions and the Internet: Is Cloud Computing the Answer?&quot; title=&quot;Carbon Emissions and the Internet: Is Cloud Computing the Answer?&quot; /&gt; 				  &lt;/div&gt;                &lt;/td&gt;                &lt;td style=&quot;font-size:12px;font-family: arial,helvetica,sans-serif; font-size: 12px; height: 151px;&quot;&gt;  					&lt;div&gt;                       &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b219e20a92&amp;e=73d7fb3d81&quot;&gt;Carbon Emissions and the Internet: Is Cloud Computing the Answer?&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;              The seemingly innocuous Internet is also one of the biggest emitters of carbon emissions, according to numerous reports that have been released recently. And the most popular solution on the horizon seems to be cloud computing.                   &lt;br /&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=be511832dd&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt;&lt;br /&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                &lt;/tr&gt;                &lt;/table &gt;    &lt;/td&gt;   &lt;/tr&gt;   &lt;tr&gt;   &lt;td style=&quot;width: 625px&quot;&gt;   &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;&quot;&gt;               &lt;tr&gt;               &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; &quot;&gt;                     Thank you for subscribing to our email communication services. You may subscribe to additional services &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=aa871ae4df&amp;e=73d7fb3d81&quot;&gt;here&lt;/a&gt; .                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/unsubscribe?u=7d81f168d08c24493d0231d31&amp;id=585e96ac8e&amp;e=73d7fb3d81&amp;c=5e7af7e27b&quot;&gt;Remove me from this list&lt;/a&gt;&lt;/p&gt;                      &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;You should consider the investment objectives, risks, charges and expenses of the Thomas White Funds carefully before making an investment decision. Prospectus(es) with this and other information about the Funds may be obtained by calling 1-800-811-0535 or by visiting &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c1cf884712&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt;. Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p style=&quot;line-height: 15pt; margin-top:15pt;&quot;&gt;© Thomas White International, Ltd. 2010&lt;/p&gt;                     &lt;/div&gt;                    &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt;                     &lt;/td&gt;                    &lt;/tr&gt;                    &lt;/table&gt; &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=5e7af7e27b&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/4687429644155970369/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2010/12/global-players-wolfgang-schauble.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/4687429644155970369'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/4687429644155970369'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2010/12/global-players-wolfgang-schauble.html' title='Global Players: Wolfgang Schauble, Finance Minister, Germany'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-2393562953721225658.post-377868279089803205</id><published>2010-12-23T06:03:00.001-08:00</published><updated>2010-12-23T06:03:17.382-08:00</updated><title type='text'>Turkey Postcard : Energy Link to Europe?</title><content type='html'>&lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot; width=&quot;625px;&quot;&gt; &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                  &lt;tr&gt;                  &lt;td style=&quot;height: 118px; width: 590px;&quot;&gt;                      &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=f7d455f0c1&amp;e=73d7fb3d81&quot;&gt;                      &lt;img height=&quot;67&quot; border=&quot;0&quot; src=&quot;http://www.thomaswhite.com/images/common/logo-global-email.gif&quot; alt=&quot;Thomas White Global Investing&quot; title=&quot;Thomas White Global Investing&quot; width=&quot;590px&quot; /&gt;                     &lt;/a&gt;                      &lt;/td&gt;                &lt;/tr&gt;           &lt;/table&gt; &lt;/td&gt;  &lt;/tr&gt;   &lt;tr&gt; &lt;td style=&quot;width: 625px&quot;&gt; &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 592px;padding-left:15px;&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;             &lt;tr&gt;            &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; width: 100%;&quot;&gt;           &lt;table style=&quot;width: 592px; height:120px;&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;           &lt;tr&gt;           &lt;td style=&quot;height: 120px; width: 585px;&quot;&gt;         &lt;img style=&quot;float: right;&quot; src=&quot;http://www.thomaswhite.com/images/explore-world/stamp-turkey.jpg&quot; alt=&quot;Turkey stamp&quot; align=&quot;right&quot; title=&quot;Turkey stamp&quot; /&gt;         &lt;div style=&quot;margin:0;font-size:16px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;                 December 23, 2010               &lt;/div&gt;               &lt;br /&gt;           &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;              A Postcard from Europe            &lt;/p&gt;           &lt;br /&gt;            &lt;p style=&quot;margin:0;font-size:18px;background:#FFFFFF;color:#AD9540;font-weight:bold;font-family:Times New Roman, Times, serif;padding:0px 0px 10px 0px;&quot;&gt;          Turkey: Energy Link to Europe?            &lt;/p&gt;              &lt;/td&gt;              &lt;/tr&gt;             &lt;/table&gt;       &lt;table border=&quot;0&quot; cellpadding=&quot;0&quot; cellspacing=&quot;0&quot;&gt;     &lt;tr&gt;     &lt;td&gt;     &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; style=&quot;float: left; padding-right: 8px;&quot;&gt;     &lt;tr&gt;     &lt;td style=&quot;width: 200px;&quot;&gt;       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;2&quot; style=&quot;border:1px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border-width:0px;&quot;&gt;&lt;img src=&quot;http://www.thomaswhite.com/images/postcards/img-turkey-energy-hub.jpg&quot; alt=&quot;Gas pipeline&quot; title=&quot;Gas pipeline&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;    &lt;p style=&quot;font-size:11px;font-family:Arial, Helvetica, sans-serif;margin-top:5px;&quot;&gt;Plans for the Nabucco pipeline were initialized as far back as 2002.&lt;/p&gt;        &lt;/td&gt;     &lt;/tr&gt;       &lt;/table&gt;     &lt;/td&gt;     &lt;td style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;line-height: 19pt;&quot;&gt;       &lt;p style=&quot;display:inline;&quot;&gt;Erzurum, one of Turkey&#39;s biggest cities, has a history of almost 6,000 years, deriving its name from the Persian word, Arz-e-Rum, or Land of the Romans. It is not the Land of the Romans any longer, but the city boasting a curious mix of modernity and ancient tradition is an important cog in Turkey&#39;s economic wheel, for it is in Erzurum that the Nabucco pipeline begins its long journey.&lt;/p&gt;       &lt;/td&gt;     &lt;/tr&gt;     &lt;/table&gt;  &lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;  &lt;td colspan=&quot;2&quot; style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 14pt;padding:0px 0 5px 0px;line-height: 19pt&quot;&gt;   &lt;p style=&quot;display:inline;&quot;&gt;When Wolfgang Ruttenstorfer spoke of &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=1fdccbe6e3&amp;e=73d7fb3d81&quot; title=&quot;Turkey Country Profile&quot;&gt;Turkey&lt;/a&gt; becoming an &#39;important energy hub,&#39; he was referring to Nabucco. Ruttenstorfer, the Chief Executive Officer of Österreichische Mineralölverwaltung or OMV, one of Austria&#39;s biggest energy companies, told &lt;i&gt;Today&#39;s&lt;/i&gt; &lt;i&gt;Zaman &lt;/i&gt;that Turkey was going &#39;to be a crucial player and a bridge in the energy sector.&#39; He is not far off the mark.&lt;/p&gt; &lt;p&gt;The Nabucco pipeline or the Turkey-&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=fe93f3ff4e&amp;e=73d7fb3d81&quot; title=&quot;Austria Country Profile&quot;&gt;Austria&lt;/a&gt; pipeline is a planned natural gas pipeline that begins in Erzurum and ends in Baumgarten an der Marchin in Austria. Potentially, it will carry around 31 billion cubic meters of natural gas annually to Europe – a crucial project by any standards that would help lessen European dependence on the &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=02f8a1346b&amp;e=73d7fb3d81&quot; title=&quot;Russia Country Profile&quot;&gt;Russia&lt;/a&gt;-sponsored South Stream pipeline. Concerns over supply still hover, although expectations are that the gas might be supplied from countries like Iraq or Azerbaijan. It&#39;s here that Turkey&#39;s long-held geographical advantage comes to the fore – the country not only is linked to &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=644f4ff243&amp;e=73d7fb3d81&quot; title=&quot;Europe Economic Review&quot;&gt;Europe&lt;/a&gt;, but also borders the potential supplier states of Iraq, Syria and Azerbaijan. This is the &#39;energy hub&#39; that Ruttenstorfer was speaking of. Although Turkey is not the supplier of the natural gas, its role as the conduit of this energy source to Europe is vital.&lt;/p&gt;  &lt;p&gt;The ambitious project has the backing of several European Union members and financing from various EU banks, including the European Bank for Reconstruction and Development and the European Investment Bank. Construction of this pipeline, which has been dogged by delays, is expected to begin in 2011, pending a final investment decision. The first gas to flow out of the spigot begins in 2014.&lt;/p&gt; &lt;p&gt;And of course, there is the small matter of Turkey&#39;s booming economic resurgence. As we wrote earlier, Turkey is &lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=c83534ab4f&amp;e=73d7fb3d81&quot;&gt;poised to become the third-largest economy&lt;/a&gt; in Europe by 2050, making it an investing hot spot, apart from being an energy hub. But it&#39;s not just Nabucco that makes Turkey such a key figure in the scramble for energy. There is also the Baku-Tbilisi Ceyhan pipeline, which is a part of the East-West Energy Corridor that terminates in Ceyhan in Turkey. Around 3.7% (a conservative estimate at best) of the world&#39;s oil consumption is shipped through the Turkish straits every day. Projects like the Arab Natural Gas Pipeline, which expects to carry gas from Egypt to Turkey, add to the growth in the energy sector. So it appears that Turkey has become a critical link between east and west, and the country&#39;s role in feeding energy hungry Europe is just the beginning.&lt;/p&gt;            &lt;/td&gt;            &lt;/tr&gt;                 &lt;/table &gt;                 &lt;/td&gt;  &lt;/tr&gt;                  &lt;tr&gt;                 &lt;td&gt;                 &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width:609px;&quot;&gt;                   &lt;tr&gt;                 &lt;td colspan=&quot;2&quot; style=&quot;height: 35px&quot;&gt;                   &lt;br /&gt;                 &lt;p style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px;&quot;&gt;&lt;strong&gt;Please visit our web site at &lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=f3ad307414&amp;e=73d7fb3d81&quot;&gt;www.thomaswhite.com&lt;/a&gt; to learn more about 45 countries worldwide, as well as the Thomas White Funds. Short introductions to our most recent content are given below. &lt;/strong&gt; &lt;/p&gt;                   &lt;/td&gt;                &lt;/tr&gt;                      &lt;tr&gt;                 &lt;td style=&quot;height: 55px; background:#FFFFFF;width: 183px;&quot;&gt;                &lt;br /&gt;                &lt;table width=&quot;90px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Global Players&lt;/h3&gt;                 &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table&gt;                 &lt;/td&gt;                &lt;/tr&gt;               &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 188px;&quot;&gt;                  &lt;div class=&quot;blurb-img&quot;&gt; 				   &lt;img src=&quot;http://www.thomaswhite.com/images/green-cars/i-carbon-emissions-and-the-internet-is-cloud-computing-the-answer.jpg&quot; style=&quot;border: 2px solid rgb(182, 159, 90);&quot; alt=&quot;Carbon Emissions and the Internet: Is Cloud Computing the Answer?&quot; title=&quot;Carbon Emissions and the Internet: Is Cloud Computing the Answer?&quot;&gt; 				  &lt;/div&gt;                 &lt;/td&gt;                &lt;td style=&quot;font-size: 12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 19pt;&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=b4bf172288&amp;e=73d7fb3d81&quot;&gt;Carbon Emissions and the Internet: Is Cloud Computing the Answer?&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;sup style=&quot;text-decoration: none; color: rgb(255, 51, 51); font-size: small;&quot;&gt;New&lt;/sup&gt;                      &lt;br&gt;                  The seemingly innocuous Internet is also one of the biggest emitters of carbon emissions, according to numerous reports that have been released recently. And the most popular solution on the horizon seems to be cloud computing.                  &lt;br&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=4ff2e35d7f&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background: url(&amp;quot;http://thomaswhite.com/images/common/arrow.gif&amp;quot;) no-repeat scroll left 5px transparent; padding-left: 10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt;  				 				  &lt;/div&gt;   				                &lt;/td&gt;                &lt;/tr&gt;                   &lt;tr&gt;                 &lt;td style=&quot;height: 55px;width: 183px;&quot;&gt;                &lt;br /&gt;              &lt;table width=&quot;150px&quot; border=&quot;0&quot; cellspacing=&quot;0&quot;&gt;                &lt;tr&gt;                 &lt;td&gt;             &lt;h3 style=&quot;color:#FFFFFF; background:#C2AC5D; width:150px;font-size:12px;&quot;&gt;Weekly Postcards&lt;/h3&gt;                 &lt;/td&gt;                &lt;/tr&gt;                &lt;/table&gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td style=&quot;height: 152px; width: 183px;&quot;&gt;                       &lt;table border=&quot;0&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; style=&quot;border:2px solid #B69F5A;&quot;&gt;   &lt;tr&gt;   &lt;td style=&quot;border:0px;&quot;&gt;   &lt;img src=&quot;http://www.thomaswhite.com/images/emerging-leaders/i-naguib-sawiris.jpg&quot; alt=&quot;Naguib Sawiris&quot; title=&quot;Naguib Sawiris&quot; /&gt;&lt;/td&gt;    &lt;/tr&gt;   &lt;/table&gt;  				 				                &lt;/td&gt;                &lt;td style=&quot;font-size:12px; height: 152px; font-family: arial,helvetica,sans-serif;&quot;&gt;                &lt;div&gt;                       &lt;p style=&quot;line-height: 14pt&quot;&gt;&lt;strong&gt;&lt;a href=&quot;http://thomaswhite.us1.list-manage1.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=f849a2d3c7&amp;e=73d7fb3d81&quot;&gt;Naguib Sawiris, Chairman, Orascom Telecom&lt;/a&gt;&lt;/strong&gt;                      &lt;br /&gt;                &lt;b&gt;Naguib Sawiris&lt;/b&gt; created history by being one of the first major global firms to enter the formidable North Korean market. Orascom Telecom currently has more than 103 million subscribers, all built up by expanding their presence in unusual territories that include North Korea, Bangladesh and Algeria                 &lt;br /&gt;                  &lt;a href=&quot;http://thomaswhite.us1.list-manage2.com/track/click?u=7d81f168d08c24493d0231d31&amp;id=2e158510ec&amp;e=73d7fb3d81&quot; class=&quot;read-more&quot; style=&quot;background:url(http://thomaswhite.com/images/common/arrow.gif) left 5px no-repeat;padding-left:10px;&quot;&gt;Read more&lt;/a&gt; &lt;/p&gt; 				 				  &lt;/div&gt; 				                &lt;/td&gt;                 &lt;/tr&gt;                &lt;/table &gt;                &lt;/td&gt;                &lt;/tr&gt;                &lt;tr&gt;                &lt;td&gt;                &lt;table style=&quot;border: 1px solid rgb(204, 204, 204); width: 609px;padding-left:15px;&quot;&gt;                &lt;tr&gt;                &lt;td&gt;                   &lt;div style=&quot;font-family: arial,helvetica,sans-serif; font-size: 12px; line-height: 19pt&quot;&gt;                     Thank you for subscribing to our email communication services. 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Please read the prospectus carefully before you invest or send money as it explains the risks associated with investing in international markets. These include risks related to social and political instability, market illiquidity and currency volatility.&lt;/p&gt;                     &lt;p style=&quot;line-height: 19pt&quot;&gt;The information contained in this message does not, in any way, constitute investment advice and should not be considered a recommendation to buy or sell any security discussed herein. It should not be assumed that any investment will be profitable or will equal the performance of any security mentioned herein. Thomas White International, Ltd. may, from time to time, have a position or interest in, or may buy, sell or otherwise transact in, or with respect to, a particular security, issuer or market on our own behalf or on behalf of a client account.&lt;/p&gt;                     &lt;p&gt;© Thomas White International, Ltd. 2010&lt;/p&gt;                      &lt;/div&gt;                    &lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;              &lt;/td&gt;              &lt;/tr&gt;              &lt;/table&gt;      &lt;img src=&quot;http://thomaswhite.us1.list-manage.com/track/open.php?u=7d81f168d08c24493d0231d31&amp;id=bdd2b54c21&amp;e=73d7fb3d81&quot; height=&quot;1&quot; width=&quot;1&quot;&gt;</content><link rel='replies' type='application/atom+xml' href='http://economics-review.blogspot.com/feeds/377868279089803205/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://economics-review.blogspot.com/2010/12/turkey-postcard-energy-link-to-europe.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/377868279089803205'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/2393562953721225658/posts/default/377868279089803205'/><link rel='alternate' type='text/html' href='http://economics-review.blogspot.com/2010/12/turkey-postcard-energy-link-to-europe.html' title='Turkey Postcard : Energy Link to Europe?'/><author><name>ambaraj</name><uri>http://www.blogger.com/profile/18000468648884477557</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry></feed>