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Articles Written by: ROBERT SMITH
When I started trading emerging market sovereign debt in the early 1980s, the big risk was non-payment. The danger of default always loomed over a deal. It was like buying a Japanese car or a transistor radio made in Taiwan in the early 1970s: cheap, ...
From ROBERT P. SMITH,
Forbes,
23 Nov 2009
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Is the military really to blame for this development, or are politicians the culprits?
Major Nidal Malik Hasan’s deadly terrorist attack last week at Fort Hood is generating plenty of finger pointing at the military for the debacle. While the ...
From J. ROBERT SMITH,
Pajamas Media,
12 Nov 2009
Conservatives nationwide are refusing to toe the GOP line — and the GOP doesn't seem to be listening.
Establishment Republicans are shrugging their shoulders. In the special election for New York’s 23rd congressional district, conservatives are ...
From J. ROBERT SMITH,
Pajamas Media,
27 Oct 2009
Obama's gesture to Russia in dropping plans for a missile shield in central Europe brought him nothing in return.
President Barack Obama just received a double slap in the face. Russia’s paramount leader, Vladimir Putin, in a display of steely contempt, ...
From J. ROBERT SMITH,
Pajamas Media,
20 Oct 2009
Is it coincidence that with his domestic agenda stalled, the president takes a step that cheers his liberal supporters?
With health care reform stuck in the mud, President Obama is trying to find ways of bringing smiles to the faces of his left-wing ...
From J. ROBERT SMITH,
Pajamas Media,
22 Sep 2009
It's a possibility, but don't bet on it. Barack Obama is no Bill Clinton.
Some Washington pundits are developing a new narrative for President Obama: the coming of the centrist. It’s a narrative that expects history to repeat itself; something history ...
From J. ROBERT SMITH,
Pajamas Media,
6 Sep 2009
Resin manufacturer Nuplex Industries is in danger of breaching its debt covenant, after yesterday cutting its earnings forecast due to soft market conditions.
Based on the company’s revised full year ebitda guidance of $NZ85 million, First NZ Capital ...
Global mining conglomerate Rio Tinto Alcan has confirmed it is in talks with Chinese aluminium giant Chinalco over a $US9 billion investment, although it is refusing to be drawn on exactly where that money would go.
Chinalco, an existing shareholder, ...
It’s every air traveller’s worst nightmare: the cabin is filling with smoke and the plane is going into a nosedive. After hitting the ground, passengers have to get out the exit as quickly as possible, and onto the wing.
But it’s not the US Airways ...
Some oil companies with limited cash flows and large funding commitments might not survive 2009, but this will create more opportunities for those companies that survive the tough times, according to the chief of New Zealand Oil and Gas (NZOG).
NZOG ...
