Money Morning Archive May 2009

After the unbundling and separate listing of Vodacom, South African investors suddenly have three major listed telecommunications companies to choose from. You can stick with the tried and tested MTN Group (JSE: MTN) – turn your attentions to an unfettered Vodacom (JSE: VOD) – or stick with the dinosaur of African fixed-line infrastructure, Telkom...

Britain’s in danger of losing its good reputation as a borrower. Credit ratings agency Standard & Poor’s last week effectively threatened to take away it's AAA-credit rating. It downgraded the outlook for the UK from “stable” to “negative”, citing concerns about soaring public debt...

Life in a bubble economy has no shortage of nonsense. From the lunacy of creating money out thin air, to the idiocy of maintaining price stability amidst an ever-increasing money supply, the Bubble Period has been nothing if not fascinating. Bill Bonner explores...

Talk about sending mixed messages to international business! With less than 24 hours to go to Vodacom’s local listing, a delegation from trade union Cosatu and the Independent Communications Authority of SA (Icasa) went to court to scupper the deal...

Companies in the healthcare sector are generally regarded as ‘safe as houses’ defensive investments. The theory goes that people fall ill and require medical assistance from private hospitals or pharmacies regardless of the prevailing economic conditions. Times change, however, and the ‘safe as houses’ adage has proved itself a bit untrustworthy. Can we still place our trust in healthcare shares?

On Monday, trading on India’s benchmark stock index, the Sensex was stopped for the first time in its history. But in this case, it was because stocks went too high.

If you're like most people, you've probably gotten lost using an old - and out of date - map. You can recognize having an unreliable map can sometimes be even worse than having no map at all. Unfortunately, the ECB has decided to look on at the old maps other central banks have pulled out of their dusty drawers...

You don’t become the world’s greatest investor without encountering a few obstacles along the way. Berkshire Hathaway founder Warren Buffett is no stranger...

Stock markets seem unstoppable, brushing off all manner of bad news, from swine flu to threats of more fundraisings at US banks.

Not infrequently, governments 'shoot themselves in the foot.' But in the current event, they have brought out the biggest cannon in history. We look on with amusement as they blow their fool heads off.

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