Controversy surrounding the Romanian economy is nothing new, nor, as a href="http://globaleconomydoesmatter.blogspot.com/2008/11/romania-votes-under-new-electoral.html"Manuel points out in his post on the recent election/a, are Romanian politics strangers to tumult. Nonetheless the intensity of controversy has grown considerably of late, with a wide variety of assessments being offered concerning the likely impact of the intensifying international credit crisis on the short to medium term outlook for the Romanian economy. National Bank of Romania (NBR) governor, Mugur Isarescu, has been consistently arguing that the country should be able to avoid an excessively "hard landing"as the bank attempts to cool its evidently overheated economy and engages of fire-extinguising activities in the banking sector trying to control the impact of set of adverse external circumstances that are largely beyond its control. But most of these comments (or at least the more convincing ones) preceded the meltdown in the international financial markets which followed the Lehman Brothers ...

by Edward Hugh: Barcelonabr /br /Controversy surrounding the Romanian economy is nothing new, nor, as a href="http://globaleconomydoesmatter.blogspot.com/2008/11/romania-votes-under-new-electoral.html"Manuel points out in his post on the recent election/a, are Romanian politics strangers to tumult. Nonetheless the intensity of controversy has grown considerably of late, with a wide variety of assessments being offered concerning the likely impact of the intensifying international credit crisis on the short to medium term outlook for the Romanian economy.National Bank of Romania (NBR) governor, Mugur Isarescu, has been consistently arguing that the country should be able to avoid an excessively "hard landing"as the bank attempts to cool its evidently overheated economy and engages of fire-extinguising activities in the banking sector trying to control the impact of set of adverse external circumstances that are largely beyond its control. But most of these comments (or at least the more convincing ones) preceded the meltdown in the international financial markets which ...

Since December 1998, EV Rentals Cars (EVTP.OB) has continued to expand to meet the growing green trend. EV Rental is the only rental company in the United States that offers a fleet containing only environmentally-friendly hybrid-electric vehicles. Currently, the company has rental facilities at 8 major airports including San Francisco, Los Angeles, San Diego, Phoenix, and Las Vegas. The company is on a mission to provide the most advanced green vehicles to the public and to raise the public’s awareness of the benefits of driving clean-fuel cars to increase the demand for these environmentally-conscious vehicles. EV Rental is led by an experienced team of professionals who are conscientiously growing the company and its fleet.

The idea to create EV Rental hit Jeffrey Pink in 1997 when he saw an aerial view of Los Angeles. The founder of the company saw the condition of the

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This market will drive a sane person batty at times, I have to tell you. Remember about 2-3 months ago, every day oil dropped people ran into technology stocks as a "safe haven"? We were shaking our head sadly and saying, how is this a safe haven... in time this will be proven to be a false assertion. But that did not stop the stocks from running up 5-10-15% each time oil dropped a few bucks as hedge funds had to find something to "play". Remember, as we always say, perception is reality. Until reality strikes. Lately we've seen poor earnings from Dell (DELL), we've seen bad news out of the semiconductor industry yesterday, Corning (GLW) is struggling, we've seen Qualcomm (QCOM) ...

Financial NewsJason Corcoran in Moscow09 June 2008 Swedish manager sees opportunities in downturnA marked slowdown in the Baltic economies has cooled the interest of many investors, but others continue to sense opportunities.Swedish fund manager East Capital Asset Management hopes to raise €150m ($232m) for a fund with a 20% exposure to the three former Soviet republics of Latvia, Lithuania and Estonia, to add to its €4.4bn of assets under management. Its Bering New Europe fund will invest in small to mid-sized companies in the central European and Baltic markets.Managers at East Capital believe the sharp adjustment has spawned companies with attractive valuations. East Capital director Andras Szalkai said: “We see good growth and limited risk for central Europe and the Baltics that we want to mirror in our fund. The global market situation has created many investment opportunities.”He ...

Financial NewsJason Corcoran in Moscow09 June 2008 Swedish manager sees opportunities in downturnA marked slowdown in the Baltic economies has cooled the interest of many investors, but others continue to sense opportunities.Swedish fund manager East Capital Asset Management hopes to raise €150m ($232m) for a fund with a 20% exposure to the three former Soviet republics of Latvia, Lithuania and Estonia, to add to its €4.4bn of assets under management. Its Bering New Europe fund will invest in small to mid-sized companies in the central European and Baltic markets.Managers at East Capital believe the sharp adjustment has spawned companies with attractive valuations. East Capital director Andras Szalkai said: “We see good growth and limited risk for central Europe and the Baltics that we want to mirror in our fund. The global market situation has created many investment opportunities.”He ...