Abrams Market Share in World Tank Market Continues to Diminish

In terms of sheer numbers, the Type 98 of the People's Republic of China, Pakistan's Al-Khalid, and the Russian Federation's T-90 (including India's licensed T‑90S) will continue to dominate the market, accounting for 54.73 percent of all new tanks rolling out worldwide, worth 43.79 percent of the market, through 2021.

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Markets Focus on Europe, but China May Be Bigger Worry (What happens if China's economy crashes?)

China's move this week to keep its economy afloat isn't generating the big headlines that Europe's actions got, but is no less important in keeping the world's economic engine churning. While coordinated action by the world's other central banks to enhance liquidity for Europe's banks stole the focus Wednesday, China's decision to cut reserve requirements for banks was even more important, some believe. That's because the developed world has come to depend on China for a variety of reasons — from buying up American debt to providing loans to growing businesses to keeping its mighty manufacturing base growing. Easing the...

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$707,568,901,000,000: How (And Why) Banks Increased Total Outstanding Derivatives

While everyone was focused on the impending European collapse, the latest soon to be refuted rumors of a quick fix from the Welt am Sonntag notwithstanding, the Bank of International Settlements reported a number that quietly slipped through the cracks of the broader media. Which is paradoxical because it is the biggest ever reported in the financial world: the number in question is $707,568,901,000,000 and represents the latest total amount of all notional Over The Counter (read unregulated) outstanding derivatives reported by the world's financial institutions to the BIS for its semi-annual OTC derivatives report titled "OTC derivatives market activity...

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What happened to wages of native-born workers after Arizona passed E-Verify?

Lawmakers in several states have vowed to pass undocumented employer sanction laws after the Supreme Court upheld Arizona's this year. Rep. Lamar Smith (R-Texas) has drummed up some support to pass a federal version in Congress that would require all employers to use the government's E-Verify database to ensure their employees are authorized to work--or risk losing their business license. Arizona provides a case study for the effects of a tough E-Verify law on the labor market. According to a study released this year by the Public Policy Institute of California, about 92,000 or 17 percent of the Hispanic non-citizen...

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Tide turns against dark pools (non-finance sector worried))

Tide turns against dark pools Shanny Basar and Giles Turner 25 Oct 2011 Some of the world’s largest corporates have expressed concern regarding the growth of trading on dark pools, amid an increase in regulatory activity against the trading venues. A BNY Mellon Global Trends in Investor Relations survey of 650 companies across 53 countries, published today, discovered that a third of respondents believed dark pools “negatively impact global trading markets and that more oversight is necessary.” Peter Kondrup from drinks company Carlsberg said in the survey: “If you take it from our view point, we believe that it definitely...

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The decadence of 'dark pool' markets

The decadence of 'dark pool' markets Updated: 2011-11-07 07:49 By Daryl Guppy (China Daily) The collapse of MF Global Holdings again highlights the perils of derivative leverage in a loosely regulated market. It shows the need for genuine transparency in financial markets. The decadence of 'dark pool' markets MF Global had $1.4 billion in equity which it used to run up $44.4 billion in liabilities largely in trading European debt. The collapse of MF Global also dragged down its other trading operations, hitting individual investors and traders who found their accounts frozen and positions liquidated at unfavorable prices. MF Global...

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Stocks head for big losses

Stocks head for big losses NEW YORK (CNNMoney) -- U.S. stocks headed for a big drop at Wednesday's open after Italy's key bond rate rose above a critical 7% level -- a sign that Prime Minister Silvio Berlusconi's pledge to step down failed to calm world markets. The Dow Jones industrial average (INDU), S&P 500 (SPX) and Nasdaq (COMP) futures fell more than 2%. Stock futures indicate the possible direction of the markets when they open at 9:30 a.m. ET. Berlusconi's departure could come as late as the first week of December, after a final vote on the budget. And...

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