THE ARCHIVES
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2005 Program List: INTERNATIONAL INVESTOR’S RECENT PROGRAM LIST
# 993: RUSSIA 2005: MOVING INDEPENDENTLY
GUESTS: EDWARD LAZANSKY, PRESIDENT, AMERICAN UNIVERSITY IN MOSCOW, CURT WELDON, CONGRESSMAN (PENNSYLVANIA), ALEXANDER KONOVALOV, PRESIDENT, INSTITUTE FOR STRATEGIC ASSESSMENT, PAUL WEYRICH, CHAIRMAN, CEO, FREE CONGRESS FOUNDATION, SARAH CAREY, PARTNER, SQUIRE, SANDERS & DEMPSEY, THOMAS RICKERING, SR. V.P., BOEING COMPANY.
A CONSUMER BOOM IN RUSSIA
CONSUMER GOODS AND RETAIL SALES POWER NEW ECONOMY
FAR MORE OIL THAN ESTIMATED IN RUSSIA
FDI WANTED WITH RESERVATIONS
FOREIGN RISK CAPITAL FOR OIL
FOREIGNERS STILL TEMPTED
FRAGILE BANKING SECTOR
GAMING INDUSTRY BOOMING
RUSSIAN GOVERNMENT PLANS CASING DOUBTS ON REFORMS
INFLATION PRESSURES BUILD IN RUSSIA
INSURANCE INDUSTRY STILL STRUGGLES TO GROW
MUCH DEPENDENCE IN THE ENERGY SECTOR
NEW FACE RUSSIAN FARMING
POTENTIAL BENEFITS FROM RESOURCES
RUSSIAN GAS RESERVES
SIGNS OF A SLOWDOWN
STATE VS. PRIVATE BANKS
TOUGH TIMES FOR SMALL FARMERS
AGRICULTURAL PRODUCTION IN RUSSIA
RUSSIAN FEDERAL BUDGET
RUSSIA CELLULAR PENETRATION
CONSUMER PRICES IN RUSSIA
RUSSIA ’S ENERGY BOOM
RUSSIAN EXPORTS
GROSS DOMESTIC PRODUCT IN RUSSIA
RUSSIAN TRADE
INDUSTRIAL PRODUCTION IN RUSSIA
LIFE EXPECTANCY IN RUSSIA (MEN)
LIFE EXPECTANCY IN RUSSIA (WOMEN)
GROWTH IN NUMBER OF RUSSIAN PHARMACIES
REAL DISPOSABLE INCOME IN RUSSIA
SUBSCRIBER GROWTH IN MOSCOW
SUBSCRIBER GROWTH IN RUSSIA
# 992 GERMANY/EUROPE 2005
GUESTS: ECKHARD WURZEL, SR. ECONOMIST, OECD ECONOMICS DEPT.
JUKKA VALTASAARI, AMBASSADOR OF FINLAND, NIKOLAOS ZAIMIS, COUNSELOR OF TRADE, DELEGATION OF THE EUROPEAN COMMISSION
GRAPHS, CHARTS, SLIDES
BANKING SECTOR IN NEW EU MEMBERS
EU-15 EMPLOYMENT GROWTH 1992-2003
EU, FINANCIAL SERVICES REFORM
FAVORITE INVESTMENT PROJECT LOCATIONS
COMPOSITION OF GENERAL GOVENRMENT SPENDING 2003, % TOTAL EXPENDITURE
GERMAN BUSINESS OUTLOOK IMPROVES
GERMAN ECONOMY, ROBUST PERFORMANCE
GERMAN PROPERTY MARKET
NEW EU MEMBERS CAN BE FERTILE GROUND FOR INVESTORS
POTENTIAL GROWTH OF GDP
PROSPEROUS EUROPE?
REBOUND IN GDP ACROSS EURO ZONE
ECONOMIC GROWTH DECLINES SINCE 2001
GERMAN DEFICITS RISE
GERMANS LOOK TO SECURITIZE RUSSIAN DEBT
FOREIGN BANKS INCREASING STAKE IN GERMANY
INVESTMENT BANKING INTEREST IN GERMANY
POPULATION COPARISION
#991 FRANCE : BUSINESS/INVESTMENT 2005
GUESTS
ALAIN LECLAIR
FOUNDER/PARTNER “LE FRANCAISE DES PLACEMENTS”
JEAN-FRANCOIS BOITTIN
MINISTER ECONOMIC AFFAIRS EMBASSY OF FRANCE
GRAPHS & CHARTS
FRANCE LEADS IN U.S & WORLD F.D.I
FRENCH GDP GROWTH RATE
FRANCE GDP & SPENDING OUTPACING THE REGION
DESPITE RECENT PULL BACK – EURO STILL STRONG
FALLING $ MAKES EACH BARREL OF OIL MORE EXPENSIVE
TOTAL NUMBER OF U.S EQUITY FUNDS
MAJOR INDEXES STILL NEGATIVE EFFECT FIVE YEARS
U.S SPENDING UP, SAVING DOWN
TOO MANY EGGS IN STOCK BASKET?
RETIREMENT FUNDS
EURO VS DOLLAR : EURO’S NEEDED TO BUY 1 U.S $
BOEING/AIRBUS BATTLE GOES TO WTO COURT
TOTAL MUTUAL FUNDS – WORLDWIDE
TOTAL MUTUAL FUNDS ASSETS – WORLDWIDE
U.S DEFICITS/DEBT REACHING ASTRONOMICAL PROPORTIONS
SOCIETE GENERALE BANK GROUP ENJOYS BANNER YEAR
FRANCE RESPONDS TO REJECTION OF “ EUROPE’S CONSTITUTION”
CONSTITUTION REJECTION “OVERBLOWN”
WORLD’S MAJOR ENERGY SUPPLIERS
FRANCE CAC-40 ONE-YEAR PERFORMANCE
FRANCE CAC-40 VS. THE DOW ONE-YEAR PERFORMANCE
EUROPEAN TECH SECTOR ON THE MOVE
FRENCH GET NEW BUSINESS BUZZ
FRANCE MULLS ALLOWING CLASS ACTION SUITS
UNEMPLOYMENT RATE RISES
EUROPEAN RECOVERY?
FRANCE OPEN ITS FUND TO OTHER EUROPEAN STATES
FRENCH JUDGE PROBES UNIT OAF HALLIBURTON
FRANCE ISSUES 50-YEAR BONDS
#990 COMING OF THE GREAT BABY BOOMER STOCK MARKET SELL- OFF
GUEST: JEREMY SIEGEL, AUTHOR, WHARTON BUSINESS SCHOOL, UNIVERSITY OF PENNSYLVANIA
AMERICANS LOSING FAITH IN STOCK MARKET
“INVESTOR” RETURNS SIGNIFICANTLY LAG RETURN ON THEIR INVESTMENTS
AVERAGE MUTUAL FUND INVESTORS FALL SHORT
BOOMERS BECOME BIG SELLERS AT RETIREMENT
BUDGET DEFICIT BANKRUPTING SOCIAL SECURITY
STOCK MARKET CONTRATIONS AND EXPANSIONS 1972-2002
SIGNIFICANT CRASHES IN THE PAST
HIGHER TAXES, WORKING LONGER
PRICE/EARNINGSRATIO REACHING HISTORIC HIGHS
“REAL” INFLATION VS. GOVERNMENT INDEX + NASDAQ (SINCE 1998)
SOCIAL SECURITY : CRITICAL FOR MANY
CONSISTENCY IS THE KEY
# 989 INTERNATIONAL I.T. PATENT & PRIVACY INSECURITY
GUESTS: EVAN HENDRICKS, EDITOR, PRIVACY TIMES
KIRAN KARNIK, PRESIDENT, NATIONAL SOFTWARE ASSOC. ( INDIA)
JEFF LANDE, SR.V.P., INFORMATIONS TECHNOLOGY ASSOC AMERICA
DANIEL CAPRIO, DEPUTY ASSISTANT SECRETARY: TECHNOLOGY POLICY, PRIVACY OFFICER, U.S. DEPARTMENT OF COMMERCE
TECHNOLOGY EQUIPMENT SALES COULD AID FOREIGN ARMIES
ENGINEERS WHO MOVE FROM A US FIRM TO A NON-US FIRM DOMESTICALLY OR ABROAD
ID SECURITY OUT OF CONTROL
CORPORATIONS UNDER ATTACK
CHOICEPOINT HIT BY FRAUD RING
US COMPANIES FALL PREY
FOREIGN CYBER GANGS
US HOMELAND/CYBERSECURITY IN TURMOIL
OFFSHORING TECHNOLOGY RESEARCH AND DEVELOPMENT
TRACKING THE MOBILITY OF HIGH-TECH WORKERS
CALL CENTER IN INDIA SCAMS $ FROM CUSTOMER ACCOUNTS
COPYRIGHT PROTECTION AGAINST PIRACY
CURRENT STATUS ON CORPORATE SECURITY
HUMAN ERROR STILL BIGGEST PROBLEM IN COMPUTER SECURITY
IBM/CHINESE DEAL DREW CONCERN
OUTSOURCERS’ NEXT MOVE : R&D
PRIVATE SECTOR : SHARING INFORMATION WITH GOVERNMENT
SINGAPORE GAINS AS U.S FALLS IN I.T DEVELOPMENT
COMPANY EXPANDING ITS SERVICES ACROSS THE “VALUE CHAIN”
# 988 IRAQ’S TRUE COST: WAR’S ECONOMIC IMPACT ON U.S.
GUESTS: KENNETH KURTZ, CEO, THE STEELE FOUNDATION,
DANA BALL, ASSISTANT V.P., A I G WORLDSOURCE
ATIG PANJSHIRI, PREIDENT, AFGHAN-AMERICAN CHAMBER COMMERCE
GRAPHS, CHARTS, SLIDES
ANNUAL EXPENDITURES PASSING $200 BILLION ON THE WAY TO $400
WHERE THE MONEY WILL GO
MILITARY SPENDING JUMPS
VIOLENCE CONTINES TO GROW
PRIVATE SECTOR NOW GETS LION’S SHARE
CONTRACTS AWARDED
SECTORS RECEIVING SPENDING
MAJORITY OF CONTRACTS TO U.S. FIRMS
1 MONTH IN IRAQ=2,000+ ATTACKS
CORRUPTION IRAQI STYLE
NEW IRAQ—OLD FRAUD
ISRAEL ’S CONNECTION
MISTAKES MADE
OIL EXPORTS
PRICE OF OIL SINCE WAR
NATURAL GAS PRICES
AFGHANISTAN : NATION PROFILE
NATURAL GAS PRODUCTION
PIPELINES
HEROIN PRODUCTION ZOOMS AFTER TALIBAN’S FALL
POPPY PRODUCTION—NUMBER ONE EXPORT CROP
# 987 CHINA’S COMPETITIVE THREAT
GUESTS : GLORIA KAMPH, PRESIDENT, CEO, INTERLIANCE, CHINA and
DAVID LAMPTON, DEAN, DIRECTOR CHINA STUDIES, JOHNS HOPKINS UNIVERSITY
GDP GROWTH
NATIONAL INDUSTRIAL SALES SECTORS
ELECTRONIC EXPORTS
LEADING IN EDUCATION
OUTBOUND INVESTMENT
PROBLEMS WITH GOVERNANCE
INBOUND FDI
AUTO SALES
AUTO COMPONENTS
TOP EMERGING ELECTRONICS
BUYERS BEWARE
DISALLUSIONMENT: FOREIGN COMPANIES
CORRUPTION CHINA STYLE
INVESTMENT FRAUD
ADVANCED SATELLITE TECHNOLOGY
GROWING MILITARY POWER
NATURAL RESOURCE NEEDS
18. EXERTING POLITICAL/TRADE POWER
19.SHIFTING FROM $ TO COMMODITIES
20. LEADING IN TECHNOLOGY
21. SPYS GET OFF EASY
22. TRADE IMBALANCE
23. CHINA CENTRAL BANK FULL OF CASH
24. INTERNATIONAL TRADE & FX RESERVES
25. MILITARY THREAT
26. NEED FOR MORE JOBS
27. RESEARCH IS WORLD CLASS
# 986 THE SECRETS OF GLOBAL OIL MARKETS
GUEST: ALI AL-NAIMI, MINISTER OF PETROLEUM, KINGDOM OF SAUDI ARABIA, Abdallah S. Jum'ah PRESIDENT, CEO, SAUDI-ARAMCO, ROBERT EBEL, ENERGY PROGRAM, CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES, VLADIMIR MILOV, PRESIDENT, INSTITUTE FOR ENERGY POLICY.
OIL “TAX” ON GLOBAL ECONOMY
CRUDE OIL PRICE 2004
WEAKNESSS IN U.S POLICY
MORE WEAKNESS POLICY
OIL PRICE 1947 – TODAY
VULNERABLE TO ATTACK
FUTURES CONTRACTS
CHINA ’S OIL NEEDS
PROVEN OIL RESERVES
LEADING EXPORTERS
PERSIAN GULF SUPPLIERS
CHINA + COMMODITIES
PRODUDERS VS. TOP CONSUMERS
WORLD’S OIL PRODUCERS
TOP SUPPLIERS TO THE U.S
TOP SUPPLIERS + REFINED TO THE U.S
WORLD’S LARGEST EXPORTERS
LOSERS FROM HIGHER OIL PRICES
WHAT’S NEEDED MOST: REFINERIES
ARE OIL COMPANIES TRYING HARD?
RUSSIA 1 ST IN PRODUCTION
STRATEGIC GOVERNMENT ALLIANCES
LOCKING UP SUPPLIERS
IRAQ PRODUCTION
WAR PREMIUM
WINNERS WITH HIGHER OIL PRICES
WINNER STATES
MAJOR COMPANIES
HISTORY OF OIL GIANTS
FATE OF GIANTS
SEVEN SISTERS SYSTEM
MEGA MERGERS IN U.S
MEGA MERGERS INTERNATIONAL
STANDARD OIL SIBLINGS
UNOCAL ABOUT TO BE GOBBLED
CASPIAN PIPELINE PLANS
OPEC’S MEMBERS
FUTURE U.S PARTNERS
# 984 HEALTHCARE & AN AGING SOCIETY
GUESTS:
Anna Greenberg, Vice President GREENBERG QUINLAN ROSNER RESEARCH
Bill Mclnturff, Partner and Co-Founder, PUBLIC OPINION STRATEGIES
Ken Dychtwald, President & CEO AGE WAVE, LLC
GRAPHS, CHARTS, SLIDES
EMPLOYMENT GAINS SLOWING
PERCENT OF MEDICAL CARE PAID BY PATIENTS
WORK & FAMILY PROGRAM
MEDICAL COSTS RISING BEYOND MANY HOUSEHOLD MEANS
TWENTY MILLION WORKERS HAVE NO HEALTH COVERAGE
MIDDLE-CLASS AND THE TWO-INCOME TIGHTROPE
POVERTY GROWS IN AMERICA
COSTS RISING FOR BOTH EMPLOYERS AND EMPLOYEES
HEALTH COSTS: NUMBER #1 BUSINESS CONCERN
BENEFIT COSTS CURB WAGE GAINS
BIG OUT-OF-POCKET EXPENSE
HEALTH CARE PREMIUMS JUMP
HEALTH CARE IN THE U.S
INEFFICIENCY OF U.S CARE
HOSPITALS’ UNCOMPENSATED CARE COSTS
LIFE EXPECTANCY AT BIRTH (1000-2000)
AVERAGE LIFE EXPECTANCY : 20 TH CENTURY
DISCRETIONARY INCOME (PER CAPITA BY AGE GROUP)
LIFE EXPECTANCY AT BIRTH (OVER 100,000 YEARS)
AVERAGE LIFE EXPECTANCY : 20 TH CENTURY
CHANGE IN POPULATION GROWTH (U.S 1990-2000)
CHANGE IN POPULATION GROWTH (U.S 2000-2020)
THE BABY BOOM : 1946-1964
WOMEN WORKING IN THE LABOR FORCE (U.S : 1950-2000)
LIFE INSURANCE POLICIES PURCHASED FOR WOMEN (U.S 1954-2001)
DISCRETIONARY INCOME
U.S POVERTY RATES FOR THE 65+ (1960-2000)
RULES TO EXPOSE LONG TERM COSTS
HOSPITALS’ UNCOMPENSATED CARE COSTS
NEW MEDICARE “FIX” MUCH MORE EXPENSIVE THAN PROMISED
MEDICARE TO GO BROKE BY 2019
MEDICARE TO GO BROKE SEVEN YEARS EARLIER THAN ESTIMATED
HEALTH SAVINGS ACCOUNTS
# 983 GOALS AND EFFECTIVENESS OF THE WORLD BANK & I.M.F.
GUESTS:
Rodrigo De Rato, Managing Director, INTERNATIONAL MONETARY FUND (IMF)
James Wolfensohn, President, THE WORLD BANK GROUP
GRAPHS, CHARTS, SLIDES
SURVEY SHOWS CITIZENS PREFER ECONOMIC STABILITY TO DEMOCRACY
AFRICA KEEPS FALLING BEHIND
CURRENT WORLD EXPENDITURES
DEVELOPED NATIONS’ 20-YEAR OLD COMMITMENT AND BROKEN PROMISE OF AID TO THE DEVELOPING WORLD.
IMF’S THREE KEY ROLES
SOME U.S. MAJOR AND IMMEDIATE OBSTACLES TO AID
FOREIGN AID US LAST AS % OF GDP, BUT LEADER IN TOTAL DOLLARS
UNTIED STATES COMMITTMENT
RATIO OF MILITARY SPENDING TO DEVELOPMENT AID
REPORT US CONTRIBUTION TO AID
MILLENIUM CHALLENGE
# 982 ‘’POST PRESIDENTIAL ELECTION:
THE U.S ECONOMY & STOCK MARKET’’
GUESTS:
Introduction (Robert Sherretta, President, INTERNATIONAL INVESTOR)
Robert.D.Hormats, Vice Chairman, GOLDMAN SACHS (International)
David Hale, Chairman, PRINCE STREET, CAPITAL MANAGEMENT
GRAPHS, CHARTS, SLIDES
CRUDE OIL OUTPACES GASOLINESS
IF GASOLINE CATCH UP TO CRUDE
FOREIGN CENTRAL BANKS HOLD OVER $1_ _
OCTOBER OF 2004 GAP THROWS HANDS IN AIR
TAX CUT EXPLODE AS TRUST FUND
HEALTH CARE PREMIUMS JOB
SKY ROD _ TIONG DEFICITS UNDER GOP BUDGET COM
GOLDMAN SOCHS PRESETS 2004-200_
GROSS FEDERAL DEBT
U.S FEDERAL RED LINE
OCTOBER OF 2004 GOP__ IN THE AIR ___ __
HOUSEHOLD WEALTH
ARE YOU BETTER OFF
HOUSEHOLD DEBT
CRUDE OIL OUT PAGE GASOLINE
CHINA ’S % SHARE OF GLOBAL COMMODITIES CONSUMPTION
U.S PAY ROLLS STILL SHRINKING
DEBTLOADS BY THE NUMBERS
UNCERTAINLY IN SURPLUS PROJECTS
WORLD’S TOP TEN DEBTORS
DEFICITS EVER UPWARD
FUNNY NUMBER’S COMING OUT OF THE GOVERNMENT
FIVE YEAR STOCK MARKET DISAPPOINTMENTS
INTERNATIONAL INVESTOR’S US ECONOMIC FORECAST __ _
# 981 ‘’SAVINGS FOR RETIREMENT:
FALLING SHORT IN AMERICA’’
GUESTS:
Alicia H. Munnell, Director, CENTER FOR RETIREMENT
CONGRESSMAN Benjamin Cardin, D-MARYLAND
GRAPHS, CHARTS, SLIDES
MIDDLECLASS AND THE TWO TYPE OF TIGHTROPE
HIGH TECH SECTOR STILL HURTING FOR JOBS
HOUSEHOLD WEALTH
CONSUMER DEBT: A BEAR TRAP FOR JOBS
RETIREMENT FUNDS
PENSION COVERAGE SHIFTS TO EMPLOYEE DIRECTED PLANS
401 K PLANS AND GOD LAUGHS
IN THEORY, STEADY 401(K) CONTRIBUTION COULD PRODUCE
BUT IN PRACTICE, ACTUAL ACCUMULATIONS FALL SHORT
ONE OF MAJOR REASON THAT 401K’S FAIL
401(K)PARTICIPANTS AND THE “REAL” WORLD
OVER INVESTING IN COMPANY STOCK IS A PROBLEM
IN SOME FIRMS, THE ENTIRE 401(K) PARTICIPANTS OVERINVEST
LESSONS FROM AUTOMATIC ENROLLMENT
JOB CHANGES AND 401(K)BORROWING
SO WHAT SHOULD WE DO?
PENSION PROPOSALS MAY MEAN SLIDING STOCKS, BOOM IN BONDS
NO EMPLOYMENT RECOVERY IN SIGHT
AMERICANS FLUNK THEIR FINANCIAL LITERACY
OPTIMISM IN EQUITIES BUILDING AGAIN
TOO MANY EGGS IN STOCK BASKET
SPENDING UP, SAVINGS DOWN
AMERICAN BALANCE SHEET & CASH FLOW STATEMENT
WEALTH & INCOME DISTRIBUTION
DISTRIBUTION OF BUSH 2001 TAX CUT (BY ANNUAL INCOME)
DISTRIBUTION OF BUSH 2003 TAX CUT (BY ANNUAL INCOME
POVERTY RISES AGAIN
ESTATE (DEATH) TAXES FALL SHARPLY
‘COMMON STOCK’ IS UNCOMMON
PRODUCTIVITY: GROSS PRODUCTION DIVIDED BY FEWER WORKERS
THE I.R.A: THIRTY YEAR OLD AND GOING STRONG
401(K) FEES –HIDDEN RIPOFF
SOCIAL SECURITY’S CRITICAL IMPORTANCE
# 980 “Do Trade Agreements work?
GUESTS:
Daniel Lederman, Senior Economist , World bank
Grant Aldonas , UNITED STATES Under-Secretary Of Commerce For International Trade
U.S. CONGRESSMAN, Cal Dooley, D-CALIFORNIA
GRAPHS, CHARTS, SLIDES
MEXICAN WORKERS LOST GROUND
JOB &WAGE GAINS DOUBTFUL
STILL NOT RECOVERED FROM POST NAFTA COLLAPSE
MEXICO ’S WEEK CURRENCY
MAJOR SERVICE EXPORT MARKETS
U.S.TEXTLE BUSINESS PRE-NAFTA
U.S .TEXTLE BUSINESS DECIMATED
BUSINESS WORKER LOSSES
PAPER INDUSTRY SEES LOSS
MEXICAN SMALL WAGE EARNERS
MEXICAN FARMERS ARE LOSERS
NEIGHBORING NATIONS OFFER EVEN CHEAPER LABOR
TRADE PROMOTES EXPORTS BUT NOT GAINS FOR WORKERS
ZOOMING U.S. TRADE DEFICITS
SINCE TRADE AGREEMENTS=HIGHER U.S TRADE DEFICITS.
LEADING IMPORTERS IN WORLD MERCHANDISE TRADE ZOOM
LEADING EXPORTERS IN WORLD MERCHANDISE TRADE
THREE COUNTRIES ONE DISE WASHER
CANADA GROWS WITH NAFTA
TRADE AGREEMENT PROPOSED FOR NORTH, CENTRAL, SOUTH AMERICAS
FTAA TRADE PACT OPT OUT
FREE TRADE GREEN LIGHT
NEW TRADE AGREEMENT UNDERWAY
NEW GLOBAL TRADE PACT
U.S. MERCHANDISE EXPERTS
MAJOR SOURCES OF SERVICES IMPORTS
ANNUAL RISE IN DEMAND FOR GOODS AND SERVICES
THE LARGEST ECONOMIES IN 2050
GLOBAL TRADE BARRIERS
TRADE WAR WITH TAPIFFS
EUROPEANS ALSO OUT-SOURCING
GERMANY OVERTAKES U.S AS BIGGEST EXPORTER
INDIA ’S I.T. SACRIFICES
WTO AFTER ONE YEAR
CHINA STILL FLOUTS ANTI-PIRACY AGREEMENTS
WASHINGTON TURNS UP PRESSURE ON CHINA
BUSH ADMINISTRATION VASILATES ON FREE TRADE
DEMOCRACTIC TICKET IS SPLIT ON TRADE
#979 GERMANY AND RUSSIA
DEVELOPING A TRADE AND BUSINESS ALLIANCE
GUESTS:
Peter O.Kolle, Managing Director, HVB BANK
Marshall Welsh, Director, ALVAREZ & MARSAL
Dr. Bernd Fischer, Economic Minister, EMBASSY FEDERAL, REPUBLIC GERMANY
GRAPHS, CHARTS, SLIDES
HVB STOCK PRICE—FIVE YEARS
HVB STOCK PRICE-ONE YEAR
HVB BANK INCREASES CAPITOL WITH US &FOREIGN
GERMAN ECONOMIC GROWTH DECLINES
TEN NEW EUROPEAN STATES EQUAL ONE GERMANY AND SOME
FOREIGN BANK INCREASING STATE IN GERMANY
RUSSIA ’S RETAIL SECTOR BOOMS
HVB RESTRUCTURING
HVB CONSIDERS MERGERS
BEHIND THE PEAK
DOLLARS PER EURO
LIGHT SWEET CRUDE OIL
WORLD MAJOR PRODUCER
RUSSIAN INFLATION SLOWING
RUSSIAN STOCK EXCHANGE INDEX
RUSSIAN STOCK INDEX VS U.S SP 500
RUSSIAN STOCK INDEX VS U.S SP 500 OVER 5 YEARS
RUSSIAN SCORES POORLY ON CORRUPTION SCALE
RUSSIAN SCORERS TOO HIGH IN COUNTY RISK _ _
RUSSIAN UNEMPLOYMENT DECLINE
INVESTMENT BANKING POTENTIAL
INTEREST IN GERMANY
RUSSIAN /EUROPEAN UNION PARTNERSHIP GROWTHS
GERMAN DEFICITS RISE
GERMAN LOOKS TO SECURITIZE RUSSIAN DEBT
# 978 “INEFFICIENT SPENDING ON IRAQI RECONSTUCTION AND HOMELAND SECURITY? ”
GUESTS:
Peter Singer, Author “CORPORATE WARRIORS”, Resident Scholar, BROOKINGS INSTITUTION
Colonel, August Mancuso, U.S ARMY, Program Director, Small And Disadvantaged Business Utilization
Raymond Pushkar, Partner, MAKEN, NAIONG & ALDRIDGE’S
General (Ret.), Earnest Robbins, Sr. Vice President, PARSONS CORP.
Olcen Oscar, Vice President, FLOUR CORPORATION
Edward Newman, Chairman, CEO, XYBERNAUT
GRAPHS, CHARTS, SLIDES
MILITARY’S USE OF PRIVATE SECTOR BOOMING
TOTAL COSTS OF SPENDING ON IRAQ
WHERE WILL IRAQI RECONSTRUCTION MONEY GO?
ALTERNATIVE TO IRAQ RECONSTRUCTION
DESPITE CHARGES, FIRMS CONTINUE TO RECEIVE CONTRACT AWARDS
INDICTED CONTRACTORS EXCUSED AND RE-EXCUSED
NGO’S COME UNDER SUSPICION AND ATTACK
MAJORITY OF IRAQI RECONSTRUCTION PROJECTS GO TO U.S COMPANIES
MISSING MONEY--LOTS OF CASH FLOATING AROUND
SPENDING ON IRAQ’S RECONSTRUCTION GROWS AND GROWS
IRAQI FUNDED CONTRACTS ARE DIVERSE AND WIDESPREAD
THE BIG REVOLVING DOOR AND THROWING CASH TO WIN HEARTS
MILITARY SPENDING CONTINUES TO RISE
US SERVICE MEMBERS WOUNDED IN IRAQI KILLED IN IRAQ
US SERVICE MEMBERS WOUNDED IN IRAQI KILLED IN IRAQ
IRAQ RECONSTRUCTION NEEDS BY SECTOR
FLOOR HAS FRIEND IN HIGH PLACES
WOOLSEY ADLISOR AND ADVOCATE
“FRONT LINES” STILL SHORT CHARGED
HOMELAND SECURITY COSTS RISE
AS FEDERAL GOVERNMENT SPENDS ON “PIE IN THE SKY ”SECURITY TECHNOLOGIES, CRITICAL AIRPORT BOMB SCREENING SYSTEMS ARE STILL MISSING
PROGRAM #1 "FUNDAMENTALS
OF INTERNATIONAL INVESTING".
1. U.5. EQUITY MARKET VERSUS NON-U.5. MARKETS
2. WORLD LEADERS OUSIDE
THE U.5. BY INDUSTRY SECTOR
3. WORLD STOCK MARKET
LEADERS IN U.5. $ RETURNS
4. REWARD VERSUS RISK
RATIO
5. SUGGESTED RISK
RATIO BY AGE
6. ASSET ALLOCATION
7. ALLOCATION CORRELATION
WITH MARKET TIMING STRATEGY
8. MARKET TIMING VERSUS
OPPORTUNITIES LOST RATIO
9. REDUCTION OF RISK
OVER TIME
10. SUCCESSFUL INVESTMEN
CRITERIA
11. GREAT CIVILIZATIONS
GDP GROWTH
12. TOP PERFORMING
MARKETS 1993
13. EMERGING MARKETS
RETURN VERSUS U.5. EQUITY MARKET
14. WORLD STOCK MARKET
RETURNS
15. MARKET CAPITALIZATIONS
16. WORLD GDP'S
17. CAPITAL FLOWS
FROM OECD'S TO EMERGING MARKETS
18. EMERGING MARKETS
DRIVING FORCES
19. ADULT LITERACY
WORLDWIDE
20. PHYSICIAN RATIOS
WORLDWIDE
21. LIFE EXPECTENCY
WORLDWIDE
22. HOUSEHOLD TELEVISION
GROWTH WORLDWIDE
23. HOUSEHOLD TELEPHONE
GROWTH WORLDWIDE
24. WORLD LABOR COSTS
25.
26. PACIFIC RIM PROFILE
27. EMERGING MARKET
ECONOMIC CYCLE
28. ANNUALIZED RETURNS
OF EMERGING MARKETS
29. GDP GROWTH RATE
30. GDP GROWTH RATE
FORECASTS
31. NET FOREIGN INSTITUTIONAL
HOLDINGS
32. INTRA-REGIONAL
TRADE
33. GROSS NATIONAL
SAVINGS RATES
34. NATURAL RESOURCE
PRICES WORLDWIDE
35. PUBLIC DEBT VERSUS
FISCAL DEFICIT
PROGRAM #2 "THE
RISKS OF INTERNATIONAL INVESTING".
1. FUNDAMENTALS OF
INVESTING
2. RISKIREWARD PLATFORM
3. AGE CYCLE
4. WORLD STOCK MARKETS
5. WORLD LEADERS BY
INDUSTRY SECTOR
6. FACT SHEETS FOR
LEADING MARKETS
7. STOCK MARKET LEADERS
FROM 1983-1992
8. TOP FOUR MARKETS
FROM 1968-1993
9. EAFE VERSUS S&P
600
10. 1993 TOP SIX MARKETS
WORLDWIDE
11. U.5. HOLDINGS
OF FOREIGN SECURITIES 1980-1992
12. U.5. PENSION FUND
HOLDINGS IN %
13. U.5. PENSION FUND
HOLDINGS IN $
14. FOREIGN EQUITIES
AS % OF ALL HOLDINGS 1980-1993
15. WORLD POPULATION
VERSUS GDP GROWTH
16. RISK: POLITICAL,
MARKET, CURRENCY, FUND
17. POLITICAL BY COUNTRY
18. URBAN CENTER GROWTH
19. BOND MARKETS WORLDWIDE
20. PRICE/EARNINGS
MULTIPLES COMPARISON WORLDWIDE
21. CASH FLOW MULTIPLES
COMPARISON WORLDWIDE
22. MARKET CAPITALIZATION
TO GDP RATIO
23. GDP PER CAPITAL
24. FLOW OF FUNDS
INTO INTERNATIONAL MARKETS
25. PACIFIC FUNDS
26. LATIN AMERICAN
FUNDS
27. U.5./FOREIGN EQUITY
RISKIRETURN RATIO
28. REAL GDP GROWTH
OF MARKETS WORLDWIDE
29. CORRELATION OF
EMERGING MARKETS VERSUS U.5.
30. PORTFOLIO OPTIMIZATION
31. COMMUNICATION
INDUSTRY GROWTH
32. WORLD TRADE GROWTH
PROGRAM #3 "THE
MARKETS WORLDWIDE".
1. STOCK EXCHANGE
LEADERS BY COUNTRY 1983-1993
2. TOP 6 MARKETS 1993
3. COMPOUND ANNUAL
RETURNS 1968-1993
4. EAFE INDEX VERSUS
S&P 500
5. U.5. HOLDING OF
FOREIGN SECURITIES
6. U.5. PENSION FUND
HOLDINGS IN %
7. GROWTH OF FOREIGN
EQUITIES IN U.5. PORTFOLIOS IN ABSOLUTE $
8. PORTFOLIO OPTIMIZATION
-S&P 500 VS EMERGING MARKETS
9. WORLD STOCK MARKET
CAPITAL17-ATION 1970-1993
10. FOREGIN COMPANY
WORLD LEADERS
11. WORLD POPULATION
VERSUS WORLD ECONOMIC ACTIVITY
12. GROWTH OF INTERNATIONAL
EQUITY MARKETS 1982-1993
13. WORLD STOCK MARKET
PERFORMANCE IN U.5. $ 1994
14. PRIVATIZATION
VOLUME BY REGION 1994
15. EUROPEAN STOCK
MARKETS
PROGRAM #4 "
1. ALLOCATION AND
DIVERSIFICATION
2. PROFILE OF AN EMERGING
MARKET
3. GROWTH IN NUMBER
OF PHYSICIANS BY COUNTRY
4. WORLD LABOR COST
COMPARISON
5.
6. INFLATION IN
7. GDP GROWTH IN
8.
9.
10.
11.
12.
13. VENEZUELAN AND
14. DRIVING FORCES
FOR
PROGRAM #5. "LATIN AMERICAN INVESTMENT
WITH THE IDB"
1. INFLATION RATES
OF
2. GNP GROWTH RATES
3. CURRENCY DEVALUATIONS
4. CENTRAL
5.
PROGRAM #6. "INVESTMENT IN
1. REGIONAL MAP OF
2. PHOTOGRAPHIC REVIEW
OF
PROGRAM #7. "INVESTMENT IN THE MIDDLE
EAST”
1. THE GULF STATES
GNP
2. MILITARY EXPENDITURES
AS % OF GNP
3.
4. MAJOR ENERGY AND JOINT VENTURE DEALS
PROGRAM #8. "CURRENCY
RISKS"
1. FOREIGN EXCHANGE RATE REVIEW
2. CENTRAL BANK INTERVENTION HISTORY
3. CENTRAL BANK RESERVES VERSUS SPECULATOR FUND RATIO
4. DERIVATIVE FUND LEVERAGE METER
PROGRAM # 9. "THE PACIFIC
RIM"
1. REGIONAL GDP'S OF WORLD VERSUS
2. GDP GROWTH RATES WORLDWIDE
3. ASIAN COUNTRY GDP GROWTH RATES
4. ASIAN COUNTRY LABOR FORCES
6. ASIAN AGRICULTURE PRODUCTION
5.
7. AVERAGE ANNUAL INVESTMENT IN INFRASTRUCTURE
8. INFRASTRUCTURE SHARES BY COUNTRY
9. INFRASTRUCTURE TYPE (WATER, TELECOM, TRANSPORTATION)
10. ASIAN INVESTMENT CAPITAL-HOMEGROWN VERSUS FOREIGN
11. CROSS BORDER BOND OFFERINGS 1991-1995
12. BANK ASSETS BY ASIAN COUNTRY
13. SECURITIZATION CAPITAL
14. STOCK MARKET CAPITALIZATION
15. BOND MARKET CAPITAL
16. NET SAVINGS RATES BY COUNTRY
PROGRAM #10. "INSTITUTIONAL
INVESTMENT"
1. MUTUAL FUND VOLUMES
2. INTERNATIONAL MONEY FLOWS
3. CROSS BORDER INVESTMENT
4. DIRECT VERSUS PORTFOLIO INVESTMENT
PROGRAM #11. "INVESTMENT IN
1. INDUSTRIAL PRODUCTION
2. GNP RATES
3. DEFENSE SPENDING
4. CONVERSION RATES
5. INFLATION IN
6. RUBLE EXCHANGE RATE
8. PORTFOLIO OPTIMIZATION
-S&P 500 VS EMERGING MARKETS
9. WORLD STOCK MARKET
CAPITAL17-ATION 1970-1993
10. FOREGIN COMPANY
WORLD LEADERS
11. WORLD POPULATION
VERSUS WORLD ECONOMIC ACTIVITY
12. GROWTH OF INTERNATIONAL
EQUITY MARKETS 1982-1993
13. WORLD STOCK MARKET
PERFORMANCE IN U.5. $ 1994
14. PRIVATIZATION
VOLUME BY REGION 1994
15. EUROPEAN STOCK
MARKETS
PROGRAM #4. "
1. ALLOCATION AND
DIVERSIFICATION
2. PROFILE OF AN EMERGING
MARKET
3. GROWTH IN NUMBER
OF PHYSICIANS BY COUNTRY
4. WORLD LABOR COST
COMPARISON
5.
6. INFLATION IN
7. GDP GROWTH IN
8.
9.
10.
11.
12.
13. VENEZUELAN AND
14. DRIVING FORCES
FOR
PROGRAM #5. "LATIN AMERICAN INVESTMENT
WITH THE IDB"
1. INFLATION RATES
OF
2. GNP GROWTH RATES
3. CURRENCY DEVALUATIONS
4. CENTRAL
5.
PROGRAM #6. "INVESTMENT IN
1. REGIONAL MAP OF
2. PHOTOGRAPHIC REVIEW
OF
PROGRAM #7. "INVESTMENT IN THE MIDDLE
EAST”
1. THE GULF STATES
GNP
2. MILITARY EXPENDITURES
AS % OF GNP
3.
PROGRAM #7. "INVESTMENT IN THE MIDDLE
EAST”
1. THE GULF STATES
GNP
2. MILITARY EXPENDITURES
AS % OF GNP
3.
4. MAJOR ENERGY AND JOINT VENTURE DEALS
PROGRAM #8. "CURRENCY
RISKS"
1. FOREIGN EXCHANGE RATE REVIEW
2. CENTRAL BANK INTERVENTION HISTORY
3. CENTRAL BANK RESERVES VERSUS SPECULATOR FUND RATIO
4. DERIVATIVE FUND LEVERAGE METER
PROGRAM # 9. "THE PACIFIC
RIM"
1. REGIONAL GDP'S OF WORLD VERSUS
2. GDP GROWTH RATES WORLDWIDE
3. ASIAN COUNTRY GDP GROWTH RATES
4. ASIAN COUNTRY LABOR FORCES
6. ASIAN AGRICULTURE PRODUCTION
5.
7. AVERAGE ANNUAL INVESTMENT IN INFRASTRUCTURE
8. INFRASTRUCTURE SHARES BY COUNTRY
9. INFRASTRUCTURE TYPE (WATER, TELECOM, TRANSPORTATION)
10. ASIAN INVESTMENT CAPITAL-HOMEGROWN VERSUS FOREIGN
11. CROSS BORDER BOND OFFERINGS 1991-1995
12. BANK ASSETS BY ASIAN COUNTRY
13. SECURITIZATION CAPITAL
14. STOCK MARKET CAPITALIZATION
15. BOND MARKET CAPITAL
16. NET SAVINGS RATES BY COUNTRY
PROGRAM #10. "INSTITUTIONAL
INVESTMENT"
1. MUTUAL FUND VOLUMES
2. INTERNATIONAL MONEY FLOWS
3. CROSS BORDER INVESTMENT
4. DIRECT VERSUS PORTFOLIO INVESTMENT
PROGRAM #11. "INVESTMENT IN
1. INDUSTRIAL PRODUCTION
2. GNP RATES
3. DEFENSE SPENDING
4. CONVERSION RATES
5. INFLATION IN
6. RUBLE EXCHANGE RATE
PROGRAM #12. "INVESTMENT
IN
1. POPULATION
2. MIDDLE CLASS AS % AND AGGGREGATE TOTAL
3. CONSUMPTION RATES
4. PURCHASING POWER PARITY
6. GNPGROWTH
5. FOREIGN CAPITAL FLOWS
7. FOREIGN INVESTMENT
8. U.5. INVESTMENT
9. RUPEE EXCHANGE RATE
10. CURRENCY RESERVES
PROGRAM #13. "INTELLECTUAL PROPERTY RIGHTS"
1. SOFTWARE AS % OF U.5. GNP
2. SOFTWARE AS % OF U.5. EMPLOYMENT
3. SOFTWARE TAX REVENUES
4. PIRACY ESTIMATES WORLDWIDE
5. LEADING COUNTRY CULPRITS
5. REVIEW OF TREATIES AND AGREEMENTS
PROGRAM #14. "INTERNATIONAL TERRORISM"
1. BOMBINGS GROWTH RATE LAST DECADE
2. EXPENDITURES ON SECURITY
3. NET EFFECTS ON BUSINESS IN DOLLARS
PROGRAM #15. "GLOBAL ORGANIZED CRIME'L”
1. GROWTH RATE VERSUS WORLD GNP
2. ESTIMATED SIZE VERSUS WORLD ECONOMIES
3. EMPLOYMENT TRENDS
4. PAY SCALE VERSUS WHITE COLLAR PROFESSIONS
PROGRAM #16. "'CYBERCRIME"
1. EFFECTS ON U.5. BUSINESS
2. IMPACT ON BANKS WORLDWIDE
3. MOST CELEBRATED CASES
4. ESTIMATES OF ACTUAL VERSUS REPORTED LOSSES
5. SECURITY COSTS
1. GNP RATES
2. DEBT RATIOS
3. WORLD BANK AND IMF LOAN DEFAULT RATES
4. SPECIAL CASES OF RISK
5. MOST SUCCESSFUL PROSPECTS
PROGRAM #19. "INVESTMENT IN
1. GNP RATES REVIEWED
2. INFRASTRUCTURE DEVELOPMENT
3. INFRASTRUCTURE REQUIREMENTS AND PROJECTIONS
4. CAPITAL REQUIREMENTS
S. POLITICAL RISKS
PROGRAM #20. "PENSION SYSTEMS WORLDWIDE"
1. POPULATIONS WORLDWIDE
2. EMPLOYMENT PROJECTIONS
3. AGING POPULATIONS
4. SURPLUS/DEFICIT PROJECTIONS
S. PRIVATIZATION PROGRAMS
PROGRAM #21. "'INTERACTIVE TECHNOLOGI