Wednesday’s best web
Wednesday’s best web covers Coca-Cola’s relaunch of a classic masala cola, Walmart’s foray into online shopping in China, record mortgages in Israel, analyst predictions for the renminbi, and imagining conflict with China.
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Wednesday’s best web covers Coca-Cola’s relaunch of a classic masala cola, Walmart’s foray into online shopping in China, record mortgages in Israel, analyst predictions for the renminbi, and imagining conflict with China.
A floating exchange rate prices a nation’s currency against other currencies according to supply and demand in the foreign exchange market. Providing policymakers with a critical tool for protecting their economies, this mechanism is used by most developed markets as well as some of the larger emerging markets.
Wednesday’s best web looks at China and India’s new energy agreement, concerns about Chinese economic data, the fight for tablet market share in emerging economies, Czech economic struggles, and Pepsi’s view of Chinese consumers.
Last month, the United States Department of State put out notice it was relaxing restrictions on American businesses conducting operations in Myanmar. Coca Cola (KO, quote) promptly announced it would re-enter Myanmar after a six decade absence.
There are many factors for emerging market investors to consider in buying a stock, bond or exchange traded fund. According to New York Times op-ed writer Nicholas Kristoff, how well a nation treats and educates its female populace is “…the single most cost-effective kind of aid work” that leads to economic development.
Jim O’Neill, the man who invented the BRIC investment category, now says that the consumer sector in Brazil, Russia, India and China represents the “key investment of our lifetime.”