Access this eBook to learn about 10 actions you can take today to avoid skyrocketing insurance premiums and be prepared for the next conversation with your insurance broker. ...
(Bloomberg) -- Scraping away delicately at the reddish-brown earth of northwestern Australia’s vast Pilbara region, a team of archaeologists uncovered a record of life dating back more 40,000 years. Buried in natural shelters at the base of a cliff were thousands of stone and wooden tools, the sharpened fibula bone of a kangaroo and braided strands of hair.They worked quickly inside the Juukan Gorge rock shelters to recover the artefacts -- and needed to. The team was a salvage squad, sent in with a tight deadline to excavate a site in the path of an encroaching iron ore mine and approved for destruction.Blasts carried out in late May by Rio Tinto Group flattened the features in the central Hamersley Range, more than 1,000 kilometers (620 miles) northeast of Perth. Now the fallout is mounting for the London-based producer, and new risks are being posed to an iron ore sector that produces...
(Bloomberg Opinion) -- The euro is at its strongest level for nearly two years on the European Central bank’s own official trade-weighted index, which compares it with a basket of other leading currencies. In the past, this would have been a serious worry for the world’s largest trading bloc. The continent, with Germany at the forefront, is heavily dependent on exports. But things are different this time. The first stage of the post-Coronavirus economic recovery will be driven by domestic consumers, rather than overseas purchasers of goods. As such, the robustness of the euro should be seen as a judgment on Europe’s relative strength compared to the U.S. and other parts of the world.So far at least, its management of the Covid-19 crisis from a health-care perspective has been far superior to that of the Americans. And the better you manage that, the more quickly you can reopen your economy.For once, this...
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]...
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]...
