Forget the BRICs... the term coined by Goldman Sachs economist Jim O'Neill coined to identify the potential of the emerging economies of Brazil, Russia, India and China.
There's a new acronym in town: CIVETS.
Haven't heard of it? You will.
It refers to Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa... the new kids on the block that promise to deliver even bigger windfall wealth than the BRICs ever did.
But, only if you pick the right markets at the right time...
Fresh off the successful launch of their Lithium Fund (LIT), Global X unveiled the newest addition to its lineup yesterday, the Brazil Financials ETF (BRAF). This fund makes 14 ETFs in total for the New York City based issuer which has a heavy focus on international funds including China sector ETFs and a fund tracking equities in Colombia. The fund is also the third a series of Brazilian ETFs from the company, coming after earlier launches in the consumer sector (BRAQ) and a Mid Cap ETF (BRAZ). These funds offer exposure to the dynamic Brazilian economy which is currently a $2 trillion.....
Situations in Colombia and Mexico Need Scrutiny, Too
PITTSBURGH, July 30 /PRNewswire-USNewswire/ -- United Steelworker (USW) International President Leo W. Gerard released this statement today in response to Labor Secretary Hilda Solis and U.S. Trade representative calls for formal investigation of
Bethesda-based Marriott International Inc. continues its planned international expansion, opening its first JW Marriott hotel in Bogota, Colombia. (MAR)
BOGOTA, Colombia and BETHESDA, Md., July 30 /PRNewswire/ -- Marriott International, Inc. (NYSE: MAR) officially opened the company's first JW Marriott luxury hotel today in Bogota, Colombia. Â On-hand for the celebration were President Alvaro Uribe of Colombia, Rob Steigerwald, chief operations
Bogota, Colombia - Isaac Macharia, an economics graduate of Nairobi University, treats each Bogota International Half Marathon like a final exam. Macharia studies up at altitude back in Kenya - Bogota...
The oil & gas industry was one of the leading feeders of the deal rumor mill during the first half of the year, based on an Alacra Deal Pulse analysis of traditional and alternative news sources. There were 32 deal rumors during the period. How much of that was due to BP(BP)?
The fallout from the Gulf oil spill did spur a surge in rumors involving BP. Prior to the disaster, there was only one deal rumor concerning BP since the start of the year, and that was an acquisition by the then-expansionary company. Since the spill there have been at least 9.....
Nigeria beat Colombia 1-0 thanks to an early goal to reach the final of the Under-20 Women's World Cup in Germany.
The Falconets will play Germany in Sunday's final after the hosts beat South Korea 5-1 in today's other semi-final.
Volatility has hamstrung U.S. stocks recently, but history suggests there's a reason for hope on the horizon.
The past week and a half has been a welcome reprieve from the extreme volatility we've seen over the past few months. There have been no fewer than 19 days this year in which up or down volume has accounted for more than 90% of total volume.
The rapid up-and-down, all-or-nothing nature of the stock market has confounded even the most talented, highly paid and well informed traders. The hedge fund industry as a whole has been caught flat-footed - posting losses in each of the last two months.
BOGOTA, Colombia, July 28 /PRNewswire-FirstCall/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; BVL: EC) ("Ecopetrol" or the "Company") announced today its unaudited unconsolidated and consolidated financial results for the second quarter and first half of 2010, prepared and filed in accordance with t
After bottoming on June 7, the iPath Dow Jones-UBSCopper Subindex Total Return ETN - which closely tracks copper futures - has gained more than 12.2%. In the same span, the Russell 2000 small cap stock index has lost 0.6%.
The red metal is nicknamed Dr. Copper for its ability to peer around the corner and act as a leading indicator for the global economy. And right now, the commodity with a Ph.D. in economics seems to be saying the
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