Although we are a couple weeks away from discussing the topic of "international banking" this brief piece in the New York Times points out the incredible potential of capital outside the U.S. The image attached to the article attempts to show the various major channels of capital flow throughout the world.

See, http://dealbook.blogs.nytimes.com/2008/04/02/follow-the-money/


This article discusses the Philippine government's plan to the revitalize mining industry and potential problems with the plan. See http://www.iht.com/articles/2008/04/03/business/mine.php
This article discusses a proposed growth plan for Indonesia. See http://www.iht.com/articles/2008/04/03/business/rupiah.php
This article discusses a newly signed transportation agreement between Burma/Myanmar and India. See http://news.bbc.co.uk/go/em/fr/-/2/hi/south_asia/7327755.stm
This article discusses the growing concerns of investors over the wisdom of investing in Iceland and in nations which have similar economic issues. See http://www.iht.com/articles/2008/04/03/business/rtrinvest04.php
This article discusses the recent visit of the US Treasury Secretary to China. See http://www.iht.com/articles/2008/04/03/business/paulson.php
In a continuation of a previous post, it appears that Visa and the EU have reached a settlement that would end the EU's investigation of Visa's business practices in the EU. See http://www.iht.com/articles/2008/04/02/business/visa.php
It appears that Air France-KLM's attempts to buy Alitalia have ended without a working deal. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7326320.stm
Cuba has announced that it will begin leasing unused land in its control to those who wish to use it for agricultural purposes. See http://news.bbc.co.uk/go/em/fr/-/2/hi/americas/7327134.stm
It appears that the Argentine farmers are again halting their strikes. See http://news.bbc.co.uk/go/em/fr/-/2/hi/americas/7327476.stm
A new report indicates that African economic growth will increase this year, although there are serious doubts as to whether this will translate to better economic conditions in most African nations. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7326078.stm
This article discusses the recent increases in spending by Egyptians and the reaction of worldwide corporations to the trend. See http://www.iht.com/articles/2008/04/02/business/spend.php
The IMF has issued a report predicting that the US and global economies will suffer downturns in 2008. See http://www.iht.com/articles/2008/04/02/business/imf.php
This article discusses the World Bank's statements on the need to combat the problems posed by rising food costs around the world. See http://news.bbc.co.uk/go/em/fr/-/1/hi/world/7327647.stm