Whites still prefer to vote for a white and the non-whites for non-whites

A recent poll survey showed that whites still prefer to vote for a white and the non-whites for non-whites. Arizona Senator John McCain, the Republican front-runner for Presidency and a white, won 13 points ahead of Obama among the whites; Hillary Clinton, another white, is head-to-head match up between the two front-runners.

Although non-whites have got their share of rights in the US, still being a minority, their support alone can’t make a contestant win. Opinion Dynamics Chairman, John Gorman, suggests, “Obama is the ‘new’ product on the market and the real test is whether he can survive long scrutiny.”

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

Foreign trade: Exports & imports

Imports of Turkey far exceeded exports, putting excessive pressure on current account. Total exports grew by 14.1% to touch $76 billion in 2005, while imports burgeoned to $105 billion in 2005; a growth of 20% over 2004. Exports and imports in 2004 stood at $67 billion and $87 billion, respectively. Major trading partners of Turkey includes Germany, UK, US, Italy, France, Spain, Russia & China.

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Source:- IIPM Editorial

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New companies must explore AIM

There are a number of reasons, which are prompting unlisted company or an already listed company like Noida Toll Bridge, which is listed on BSE to list at AIM. According to Pankaj Karna, Partner, Grant Thornton, India “Some companies are driven by poor liquidity in home markets, others seek the opportunity to gain access to a larger investor base with a larger pool of capital available for investment, while some are attracted to the regulatory structure of international markets.”

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

... as Asian markets get overheated

As per the IMF working paper – ‘Asian Equity Markets: Growth, Opportunities, and Challenges’ (December 1, 2006) “Over the past five years, Asian emerging markets have outperformed mature markets but lagged other emerging markets. Overall, stock prices generally remain well below pre-Asia-crisis peaks, whereas equity indices in Latin America exceed their 1990s highs.” Other than the quantum of returns of Asian markets, their volatility is still higher than the 1990s level while in the case of Latin markets, it’s the opposite. Furthermore, the rising foreign institutional investments in Asia is even fuelling doubts about Asian stock markets getting overheated? Well, while the Lat’ bulls are having a ball; the Asian markets must ensure a performance that relies less on foreign funds and more on domestic participation.

According to IMF market volatility which currently is at 30%, 29.6% and 25.6% in countries like Indonesia, Korea and Thailand is much higher as compared to the Latin average of 20.2%, which needs to be controlled tactfully. Otherwise, the fear of overheated market conditions may soon drive the money out from Asian markets to the Latin American markets.

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

“A historic point has been reached today as Turkey has embarked on a new era.”

By the time you would be reading this article, the talks of December 11 between the EU foreign ministers at Brussels are expected to bring some results on whether talks on membership shall continue with Turkey or no...

Such semantics hide deep prejudices towards Islam in ‘Christian’ Europe, where minority Muslim populations are increasingly becoming targets of surveillance & racist attacks. Denying EU-membership to Turkey will reinforce these prejudices. It will also send a clear message to Muslims across the world that the ‘Clash of Civilisations’ is a reality.

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative