Australia’s trade deficit reduced for the second month running, with forecasts predicting it to move to surplus in 2014, mostly as a result of rising mining exports.
In September the country’s trade deficit narrowed down to $284 million, a reasonable leap from $693 million the previous month, according to a statement made on Wednesday 6th November by the Australian Bureau of Statistics.
Exports during the month stayed relatively level, and imports were down 1.0%.…
Merlin Entertainments is one of the world's leaders in location-based, family, branded entertainment. On October the 21st they announced their intention to share float. The company boasts that it operates in more than 22 countries and runs over 99 attractions. In 2012 their entertainment venues were visited by 54 million people, generating revenue of £1,074.3 million, and they also claim to be the largest visitor attractions in Europe, and the second largest in the world after Disney. Some…Continue
On the surface, a structured settlement seems like a good way to go (and that’s generally the opinion of the government, which makes these types of settlements mandatory in most cases). For some people, it can be a good option, as it prevents them from spending the full amount as soon as they get their hands on it. However, it’s not that beneficial for most people and you might quickly find that rather than being a blessing, your structured settlement is actually something of a curse. While…Continue
The weakness affecting emerging currencies has left a small margin to the Turkish Lira (TRY) at the moment. On Thursday, May 16th, we have witnessed a sharp cut in interest rates by 50 basis points which brought the cost of Turkish money to an absolute low of 4.50%, then later, a promotion by Moody's has brought the Turkish rating from Ba1 to Baa3, so at investment grade level. This promotion has coincided with the visit of the Prime Minister Erdogan to the…Continue