Home Shopping Latino Inc. is launching the only network of its kind – a QVC-style shopping channel aimed at the Hispanic market. Targeting the United States in early 2010, the channel will be aired under the name of ViVa Telecompras. The company intends to sell products such as jewelry, gemstones, vitamins and beauty care items from third-party merchandisers.

Several weeks ago, the company announced an agreement with MadAmerican Exports Inc. to import sapphires, rubies, emeralds, garnets, tourmaline and other precious gems from the nation of Madagascar. This country is an Indian Ocean island nation off the east coast of Africa that is exceptionally rich in minerals and gemstones.

MadAmerican Exports CEO Biclair Andrianantoandro is an excellent person for Home Shopping Latino to partner with because he is well-known and well-respected by all political factions in Madagascar. He has held many official positions in

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Home Shopping Latino Inc., and a new Latino Shopping Network, the only network of its kind to service the exploding Latino market in the USA, with the on air name ViVa Telecompras, today announced an agreement with MadAmerican Exports, Inc. to import sapphires, rubies, emeralds, garnets, tourmaline and other precious gems from Madagascar, an Indian Ocean island nation off the coast of Africa known for being exceptionally rich in minerals and gemstones.

MadAmerican Exports CEO Biclair Andrianantoandro previously served as Director of Exports and Ministry of Commerce, as well as Deputy and Acting Ambassador of Madagascar to the United Nations and Deputy and Acting Ambassador of Madagascar to the United States.

Home Shopping Latino CEO Frank Celecia stated, “Mr. Andrianantoandro is well-known and well-respected by all political factions in Madagascar. He has held many official positions and assisted in the promotion

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by Edward Hugh: Barcelonabr /br /br /Basically this post accompanies the Swedish monetary policy and devaluation post I have just put up. But first some theoretical structure from Claus Vistesen.br /br /a href="http://2.bp.blogspot.com/_ngczZkrw340/SlMSCXRnOaI/AAAAAAAAOhs/0ENVvdtHpMA/s1600-h/claus+model.png"img style="TEXT-ALIGN: center; MARGIN: 0px auto 10px; WIDTH: 400px; DISPLAY: block; HEIGHT: 190px; CURSOR: hand" id="BLOGGER_PHOTO_ID_5355644213690579362" border="0" alt="" src="http://2.bp.blogspot.com/_ngczZkrw340/SlMSCXRnOaI/AAAAAAAAOhs/0ENVvdtHpMA/s400/claus+model.png" //abr /br /As we can see above, the idea is that as median population age rises the current account dynamics of a country change. The last ageing phase of the diagram is purely speculative at this point. Basically we simply do not know what happens after a society starts to dis-save at an advanced median age. We have, as yet, no experience with this phenomenon.br /br /Now, as is well known, Sweden's median population age has been rising steadily, and reached 41.3 in 2009 according to the latest estimates from the US Census Bureau. This makes it a little ...

by Edward Hugh: Barcelonabr /br /br /blockquote"For what it’s worth, a key conclusion from the IMF’s new World Economic Outlook is that recessions caused by financial crisis typically end with export booms, with the trade balance improving,on average, by more than 3 percent of GDP. I find this a disturbing result: we’re now suffering from a global financial crisis, which means that the usual driver of recovery will only be available if we can find another planet to export to."br /a href="http://krugman.blogs.nytimes.com/2009/04/27/japans-recovery-again/"Paul Krugman /abr /br //blockquoteblockquoteWith results still coming in, projections show the United Progressive Alliance is likely to win about 250 seats, making it a shoo-in to form the next government and provide continuity, a stable administration and progress on key economic and corporate reforms.br /a href="http://online.wsj.com/article/SB124247401653426893.html"Wall Street Journal/a, May 16 2009/blockquotebr /blockquotePrime Minister Manmohan Singh’s electoral victory, the biggest any Indian politician has scored in two decades, may ...

Despite the significant equity market rally off the March lows, we still see a challenging global economic backdrop and a less than robust environment for the Machinery sector.As foreign economies deal with weaker exports to the U.S and Europe, industrial customers are cutting back on capital spending. Equipment orders are decelerating in almost every end-market -- from machines used in construction, infrastructure, agriculture to base metal projects.There are several data points that help to paint the picture of a sharply deteriorating global economic backdrop. Japan's core machine orders did rise 1.4% in February, but on a y-o-y basis orders were down 30.1%. Orders have fallen in 9 of the last 14 months. What's more, according to the cabinet office in Japan, overseas orders fell 22.9% in February.While a manufacturing survey conducted by the cabinet office indicated core orders would rise 4.1% in the first ...

The U.S. trade deficit narrowed for a record sixth consecutive month in January to the lowest level in six years as imports and exports both slumped on weak domestic demand, government data showed on Friday.

Weak American demand for everything from oil to automobiles led to shrinking imports, which fell faster than exports, reducing the gap by 9.7% to $36 billion, compared to the $38 billion Wall Street expected, the Commerce Department said Friday in Washington.

“The narrowing reflects the ongoing economic downturn. U.S. consumers are pulling back and that’s resulting in fewer imports while exports are falling,” Mark Zandi, chief economist at Moody’s Economy.com in West Chester, Pa., told Reuters. “It reflects how bad economic conditions are everywhere.”

For the first time since 1982, total world trade is expected to decline this year as businesses and consumers cut back on spending in response to relentlessly poor economic

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We remain extremely cautious on the machinery sector.

As foreign economies deal with weaker exports to the U.S and Europe, industrial customers are cutting back on capital spending. Equipment orders are decelerating in almost every end-market -- from machines used in construction, infrastructure, agriculture to base metal projects.

There are several data points that help to paint the picture of a sharply deteriorating global economic backdrop. Japan's core machine orders fell 1.7% in December, and fell in 8 months of the full year 2008.

What's more, according to the cabinet office in Japan, overseas orders fell a whopping 26.8% in December and 16.7% for the fourth quarter of 2008. While a manufacturing survey conducted by the cabinet office indicated core orders would rise 4.1% in the first quarter of 2009, we think this forecast may prove to be too optimistic. We would not be surprised to see core orders decline in each quarter

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We remain extremely cautious on the machinery sector.As foreign economies deal with weaker exports to the U.S and Europe, industrial customers are cutting back on capital spending. Equipment orders are decelerating in almost every end-market -- from machines used in construction, infrastructure, agriculture to base metal projects.There are several data points that help to paint the picture of a sharply deteriorating global economic backdrop. Japan's core machine orders fell 1.7% in December, and fell in 8 months of the full year 2008.What's more, according to the cabinet office in Japan, overseas orders fell a whopping 26.8% in December and 16.7% for the fourth quarter of 2008. While a manufacturing survey conducted by the cabinet office indicated core orders would rise 4.1% in the first quarter of 2009, we think this forecast may prove to be too optimistic. We would not be surprised to ...

HIDDEN VALUE

Dear Value Seeker,

With the markets closed today for Martin Luther King Day, it’s a good time to look at how the rest of the world is coping with the credit crunch.

The answer, unfortunately, is not very well.

The European Commission has slashed its growth forecast for the euro zone in 2009 to 1.9%. And it estimates that a recovery in 2010 to be a timid 0.4%.

Meanwhile, the so-called “PIGS” – Portugal, Ireland, Greece and Spain – are facing a financial disaster that could eventually threaten their position in the euro group.

Ratings agency Standard & Poor’s has already downgraded its credit rating for Greece and Spain. The other two outliers are under review.

In Britain, which analysts expect

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By Edward Hugh: Barcelonabr /br /The Italian economy continued to contract sharply in the third quarter of 2008 as exports fell sharply - declining at the fastest rate in three years - under the impact of a global slump which weighed down on foreign demand for Italian products, and pushed the Italian economy into its worst recession since at least 1975. Sales of Italian goods abroad fell 1.6 percent from the previous quarter, their biggest decline since 2005.br /br /Pressure is of course on the government to offer a fiscal reponse to the problem, but given Italy's outstanding debt issues and the fact that a large part of the problem is long term structural and not cyclical it is hard to see much of note happening, and indeed Finance Minister Giulio Tremonti's statement this week that additional stimulus packages were pretty pointless could be read as more of an admission ...