David Duncan

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By David Duncan On Friday, March 3rd, 2017
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General Motors is Close to a Deal on Opel

After appearing to be close to falling apart, a deal between General Motors and PSA Group for PSA to acquire GM’s European operations seems to be close. The two sides were having difficulty over the resolution More...

By David Duncan On Thursday, March 2nd, 2017
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Canadian Q4 GDP Growth Exceeds Expectations

The Canadian economy grew at an annualized 2.6% in the fourth quarter of 2016, besting expectations of a 2.0% increase. For the full-year of 2016, Canada grew its economy by 1.4%. Increased consumer spending was More...

By David Duncan On Thursday, March 2nd, 2017
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Switzerland’s GDP Growth Dissapoints

Switzerland’s fourth quarter GDP growth was only 0.1% annualized between Q3 and Q4 of this year. Q4 GDP grew 0.6% from last year’s fourth quarter and full-year GDP growth in Switzerland was 1.3%, below More...

By David Duncan On Thursday, March 2nd, 2017
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Tensions Rise Between China and South Korea

In 1991 when the United States was preparing to lead a coalition into Kuwait, Sadaam Hussein was firing Scud missiles into Israel in an effort to provoke retaliation and united the Arab world behind him. He failed More...

By David Duncan On Tuesday, February 28th, 2017
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Macri Hangs on in Argentina Despite Poor Economic Performance

Argentina holds an unenviable place in history as the example textbooks point to for what can go wrong in economic development. At the time of the First World War, Argentina had among the highest living standards More...

By David Duncan On Tuesday, February 28th, 2017
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US Q4 Growth Unrevised at 1.9%

The Bureau of Economic Analysis said today that it’s estimate for fourth quarter economic growth in the United States was unchanged at 1.9% annually from the third quarter. Despite no revision to the numbers, More...

By David Duncan On Monday, February 27th, 2017
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Growth Cools in Colombia

Colombia, whose economy has weathered collapsing commodity prices better than most Latin American countries, announced today that 2016 GDP growth amounted to only 2%, the slowest growth for the country since it More...

By David Duncan On Monday, February 27th, 2017
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Brazil Central Bank Signals a More Accomodative Stance

Last week, the Copum, Brazil’s monetary policy committee, voted unanimously to cut interest rates in the country for the second consecutive time. The benchmark now stands at 12.25% after the 75 bps cut. Brazil’s More...

By David Duncan On Monday, February 27th, 2017
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Little New in Buffett’s Annual Letter

Acolytes of investor Warren Buffett eagerly await his letter to Berkshire Hathaway shareholders. With the Saturday release of this year’s letter, Buffett has now composed fifty-two of them, in which he ruminates More...

By David Duncan On Tuesday, February 21st, 2017
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Kraft Gives Up on Unilever while Restaurant Brands Buys Popeye’s

After getting a cool reception to its proposed merger with Unilever, Kraft decided to abandon its plans to buy the company for $50 per share. In a joint press release the two companies said the agreement to abandon More...

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