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Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

Tuesday, July 8, 2008

Foreign investment in Qatar increases seven times in six years.





Foreign investment in Qatar increases seven times in six years. Foreign investment in Qatar increased almost seven times from 2000 to reach USD 1.8bn in 2006, the Qatar Statistics Authority said in a report. As a result of the increase, the ratio of foreign direct investment FDI to GDP almost doubled in the same period to reach 3.2%. Foreign investment increased due to the flexibility in legislative frameworks in financial services, real estate and communications sectors, as well as economic growth, which rose over 20% in the past two years, the report added. Cash remittances for immigrant workers rose to USD 7.9bn in 2005 from USD 5.5bn in 2001, to form 7.2% of Qatar 's GDP.







When he joins the firm in early 2009’... that’s being optimistic! There may not be a firm in early 2009

One wag’s cynical interpretation of Carsten Kengeter’s appointment as the new head of FICC at UBS. He is scheduled to join in the early part of 2009, according to a press release

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