Monday, April 4, 2011

Brazil Needs $42 Bln Of Water, Waste Investment By 2015

SAO PAULO (Dow Jones)--Brazil needs to invest 70 billion Brazilian reais ($42 billion) by 2015 to guarantee water supplies to its major cities and treat its waste, the country's national water agency said Tuesday.

Although Brazil has one of the world's largest reserves of fresh water, inadequate water and sewage treatment facilities means more than half of Brazil's cities may see water shortages by 2015, ANA said on its website. The country will need to invest BRL22 billion by 2015 in water distribution systems to ensure supply through 2025. The country needs another BRL47.8 billion for sewage systems in order to ensure future usability of its water sources.

Brazil is in the midst of massive infrastructure investments in transportation, energy, health and sanitation, part of the government's so-called Program to Accelerate Growth. But the drive to boost investment comes as above-target inflation worries policy makers and as the government promises to reduce spending at the federal level to ease price pressures...

Sunday, January 3, 2010

Annual average inflation reaches lowest level since 1985 says CB

"Maintaining a low inflation rate generates numerous economic and social benefits. It encourages savings and investment, stimulates capital flows from non-productive investment to productive investment, thereby promoting economic growth and generating employment opportunities. Moreover, low inflation prevents the formation of adverse expectations,  and the resulting stability supports investors, consumers, planners and policy makers to make effective decisions. Low inflation also protects most vulnerable groups, such as fixed income earners, pensioners and low income groups as high inflation would erode their real income rapidly.

There was only a marginal increase in the Housing, water, electricity, gas and other fuel sub index by around 0.3% in 2009 compared to the last year. It was a combined impact of the downward revisions of fuel and gas prices and the increase in water tariff effective from February 15, 2009, and the increase in Nation Building Tax from 1% to 3% effective from early May, 2009."

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Wednesday, December 30, 2009

Drink In These 5 Top Stocks

"Whether it's the corporate lunchroom, your cubicle, or the local watering hole after work, there are regular places we gather to discuss news, sports, or -- if you're like us -- stocks. Here at Motley Fool CAPS, we gather around the virtual water cooler daily to rate stocks and delve into their merits as investments."

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Tuesday, December 29, 2009

China Railway, Tongling Make $651M Bid for Corriente Resources

"Open Water Investments is a online financial portal focusing on the small cap and micro cap markets."

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Monday, December 28, 2009

Valuation: The Untold Truth

"Ned has a tremendous ability to call it as he sees it. Perhaps it’s simply the lack of investment banking biases at NDR;.perhaps it’s something in the Florida orange juice, rather than the NY water. Whatever the reason, we appreciate you, Ned. And we aspire to do the same. It is in this regard that we’ll outline a few additional truths about valuation. Specifically, we’ll discuss the relationship with inflation, the Fed Model, and forward “operating” earnings."

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Sunday, December 27, 2009

2009: Apocalypse not now

"Are you sure the book said "buy high, sell low?"

For a guy who shuns the spotlight, Quebec construction magnate Tony Accurso sure had his name in the news a lot in 2009: almost 200 mentions in La Presse alone. Accurso's companies have an enviable record in obtaining government contracts, but they hit a few speed bumps this year; three are under investigation for alleged tax fraud, and the controversial municipal water-meter contract in which one was a partner got cancelled. Accurso also made waves with his luxury yacht Touch (featured in the magazine Showboats International), which has hosted Quebec labour leaders and even a vacationing Frank Zampino, former head of Montreal's executive committee. There is absolutely no truth to the rumour the boat's original name was POL MAGNET."

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Saturday, December 26, 2009

The US, India, China and Russia: economic heavyweights shape up for 2010

" If 2009 was all about recession, for Wall Street, 2010 will be all about recovery. One of the first signs of this will be seen in bankers' pay packets. January will be the month when investment banks such as Goldman Sachs and Morgan Stanley, and the more diversified conglomerates such as Citigroup and Bank of America, release details of what they intend to pay the "masters of the universe".

It also launched the world's cheapest ready-to-move-in apartments for £6,000, and has this month revealed the world's cheapest water purifier: the prospect of keeping your family free of water-borne diseases for just £10 – £190 cheaper than the market leader. "

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Friday, December 25, 2009

How I fought corruption as Minister â Bola Ajibola

"Just the opposite of what's going on now.  Those people stealing the money of the government used same to buy me gifts, thinking that I would take it?  No!  That was what we were doing then and it was to the knowledge of the government.  In fact, they were aware that I was being induced to take bribes and that I refused left, right and centre in those days.

Look at a country like Nigeria, with all the wealth in this country, yet, we cannot afford ordinary power to run this country all these years!  With the trillions and trillions of dollars that we have made, we cannot provide ourselves with clean water, life is terribly insecure.  At this time the new dimension is kidnap."

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Thursday, December 24, 2009

An old-fashioned, Before-Twitter Christmas

"I went to Walmart last Christmas - oops! - holiday season just to look around. The crowds were vast as wildebeest on the savanna, surly as water buffalo.

So, the Christians stocked up for Christmas, the African-Americans laid in food and candles for Kwanzaa, the Jews emptied the shelves for Hanukkah, the Muslims - hey! Do they buy anything for Ashura? If not, what's wrong with them, anyway?"

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Wednesday, December 23, 2009

Utility rally reduces sector's appeal

"Eletropaulo Metropolitana (ELPL3.SA) may be "very boring," but is a "free cash flow machine" whose earnings are also growing, she says. Water utility Copasa (CSMG3.SA) is another of her top picks from Brazil."

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Tuesday, December 22, 2009

When it's cold outside, don't freeze your fitness routine

" Drink up: "If you're going to some of these peaks that are 8,000 or 12,000 feet high, altitude sickness can cause terrific headaches. You have to stop and drink plenty of water continuously to adjust." You also need to know when to take a break, he says. "Sometimes you just have to come in out of the cold and warm up." "

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Monday, December 21, 2009

It's time to improve our money lives

"So it's no surprise to learn that many of us are making financial New Year's resolutions this year. According to a TD Ameritrade survey, 75 percent of us will make at least one New Year's resolution. A Fidelity survey says 88 percent of us believe the events of the past year will help us stick to these resolutions. Common money-themed resolutions include saving or investing more, paying off debt and creating a financial plan.

Freeze your credit cards and grab a pen and paper. I mean literally stick your credit cards in a big ol' container of water and freeze the darn things. Or at the very least, take them out of your wallet. Most everyone I've ever spoken to who successfully tackled credit card debt removed the plastic from their wallets and vowed to stick with cash, no matter what life threw their way. And without credit to rely on as a backup, tracking each penny you spend is vitally important."

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Sunday, December 20, 2009

Google workers see huge potential windfall

"When stock prices rise, options can be lucrative. Every option is given an "exercise" price when granted, reflecting the amount that employees can buy shares at a later date. That is usually the price of the company's stock when the option was granted.

The benefit of stock options falls apart when share prices decline, because the exercise price is higher than the current stock price. When options are considered "under water," they offer no value to employees because they can't cash them in for a profit."

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Saturday, December 19, 2009

Taken to the woodshed over TARP

"“I believe that the bonus system should better reflect reality and personal performance. The reality is that it’s tough to make people believe that a firm can pay out billions in bonuses when they are losing billions and have to get financial aid from the government!” He paused, probably to check his stocks on his Bloomberg.

The lecture continued: “The story that ‘We have to pay these bonuses and high compensation packages to retain and attract good people and stop them from leaving’ doesn’t hold  water these days! Not when there are few openings, few companies are hiring and most are laying off.”"

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Friday, December 18, 2009

Confessions of a Money Manager: The road to alternative energy is paved with ...

"The tech angle is called hydraulic fracturing, or "fracking," to rig operators. Fracking involves injecting water, sand, and a chemical mixture into rock formations at high pressure. This literally cracks up the formation and allows more seams to release gas from existing reservoirs. With Exxon-Mobil's superior infrastructure and balance sheet, industry watchers think it can expand the production of natural gas."

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