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1997 - 2004 Archive list

2005 Program List: INTERNATIONAL INVESTOR’S RECENT PROGRAM LIST

# 993: RUSSIA 2005: MOVING INDEPENDENTLY

GUESTS: 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

1997 - 2004

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. LATIN AMERICA PROFILE

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 "LATIN AMERICA"

1. ALLOCATION AND DIVERSIFICATION

2. PROFILE OF AN EMERGING MARKET

3. GROWTH IN NUMBER OF PHYSICIANS BY COUNTRY

4. WORLD LABOR COST COMPARISON

5. LATIN AMERICA TRADE

6. INFLATION IN LATIN AMERICA

7. GDP GROWTH IN LATIN AMERICA

8. ARGENTINA STATS (EXPORTS, INFLATION, BANK RESERVES, CURRENCY)

9. PERU HOLDS ITS OWN IN GROWTH

10. BRAZIL STILL DISAPPOINTS

11. MEXICO'S SEVERE FOREIGN EXCHANGE DEFICIT

12. CHILE'S PROMISE

13. VENEZUELAN AND COLOMBIA'S CONTINUING DILEMA

14. DRIVING FORCES FOR LATIN AMERICA

PROGRAM #5. "LATIN AMERICAN INVESTMENT WITH THE IDB"

1. INFLATION RATES OF SOUTH AMERICA

2. GNP GROWTH RATES

3. CURRENCY DEVALUATIONS

4. CENTRAL AMERICA NATIONS

5. CARRIBEAN BASIN COUNTRIES

PROGRAM #6. "INVESTMENT IN CHINA"

1. REGIONAL MAP OF CHINA

2. PHOTOGRAPHIC REVIEW OF BEIJING, SHANGHAI, GUANGZHOU

PROGRAM #7. "INVESTMENT IN THE MIDDLE EAST”

1. THE GULF STATES GNP

2. MILITARY EXPENDITURES AS % OF GNP

3. NON-GULF STATES, MAGHREB, MASHREQ

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 ASIA

2. GDP GROWTH RATES WORLDWIDE

3. ASIAN COUNTRY GDP GROWTH RATES

4. ASIAN COUNTRY LABOR FORCES

6. ASIAN AGRICULTURE PRODUCTION

5. CHINA GRAIN EXPORTS-FORECAST FOR IMPORTS

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 RUSSIA

1. INDUSTRIAL PRODUCTION

2. GNP RATES

3. DEFENSE SPENDING

4. CONVERSION RATES

5. INFLATION IN RUSSIA

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. "LATIN AMERICA"

1. ALLOCATION AND DIVERSIFICATION

2. PROFILE OF AN EMERGING MARKET

3. GROWTH IN NUMBER OF PHYSICIANS BY COUNTRY

4. WORLD LABOR COST COMPARISON

5. LATIN AMERICA TRADE

6. INFLATION IN LATIN AMERICA

7. GDP GROWTH IN LATIN AMERICA

8. ARGENTINA STATS (EXPORTS, INFLATION, BANK RESERVES, CURRENCY)

9. PERU HOLDS ITS OWN IN GROWTH

10. BRAZIL STILL DISAPPOINTS

11. MEXICO'S SEVERE FOREIGN EXCHANGE DEFICIT

12. CHILE'S PROMISE

13. VENEZUELAN AND COLOMBIA'S CONTINUING DILEMA

14. DRIVING FORCES FOR LATIN AMERICA

PROGRAM #5. "LATIN AMERICAN INVESTMENT WITH THE IDB"

1. INFLATION RATES OF SOUTH AMERICA

2. GNP GROWTH RATES

3. CURRENCY DEVALUATIONS

4. CENTRAL AMERICA NATIONS

5. CARRIBEAN BASIN COUNTRIES

PROGRAM #6. "INVESTMENT IN CHINA"

1. REGIONAL MAP OF CHINA

2. PHOTOGRAPHIC REVIEW OF BEIJING, SHANGHAI, GUANGZHOU

PROGRAM #7. "INVESTMENT IN THE MIDDLE EAST”

1. THE GULF STATES GNP

2. MILITARY EXPENDITURES AS % OF GNP

3. NON-GULF STATES, MAGHREB, MASHREQ

PROGRAM #7. "INVESTMENT IN THE MIDDLE EAST”

1. THE GULF STATES GNP

2. MILITARY EXPENDITURES AS % OF GNP

3. NON-GULF STATES, MAGHREB, MASHREQ

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 ASIA

2. GDP GROWTH RATES WORLDWIDE

3. ASIAN COUNTRY GDP GROWTH RATES

4. ASIAN COUNTRY LABOR FORCES

6. ASIAN AGRICULTURE PRODUCTION

5. CHINA GRAIN EXPORTS-FORECAST FOR IMPORTS

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 RUSSIA

1. INDUSTRIAL PRODUCTION

2. GNP RATES

3. DEFENSE SPENDING

4. CONVERSION RATES

5. INFLATION IN RUSSIA

6. RUBLE EXCHANGE RATE

PROGRAM #12. "INVESTMENT IN INDIA"

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 ASIA"

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 TECHNOLOGIES WORLDWIDE"

1. GROWTH OF INTERACTIVE SYSTEMS

2. PROJECTED GROWTH COMPUTER USE

3. PROJECTED GROWTH INTERNET

4. PROJECTED EXPENDITURES

5. PRICE POINTS OF RESISTANCE

PROGRAM #22. "POPULATION GROWTH WORLDWIDE"

1. POPULATION GROWTH HISTORY

2. POPULATION PROJECTIONS

3. EFFECTS OF DISEASE

4. EFFECTS OF WAR

5. EFFECTS OF FAMINE

6. FOOD DEMAND

7. FOOD PRODUCTION TRENDS AND REQUIREMENTS

8. HEALTH CARE

9. EDUCATION DEMAND

10. LIFE QUALITY PROJECTIONS

PROGRAM #23. "INVESTMENT IN AUSTRALIA"

1. GNPGROWTH

2. TRADE WITH THE U.S.

3. TRADE WITH THE PACIFIC RIM

4. LABOR COSTS

5. CURRENCY RATE AND PROJECTION

6. TRADE AGREEMENTS

7. YEAR 2000

PROGRAM #24. "THE ORIENT"

1. TRADE OF THE CAUCASUS, INCLUDING TURKMENISTAN, UZBEKISTAN,

KAZAKHISTAN, AFGHANISTAN, ARMENIA, AZERBAYDZHAN, AND ANALTOLIA

PROGRAM #25. "AFRICARE"

1. MODEL FOR GRASS ROOTS ECONOMIC DEVELOPMENT

PROGRAM #26. "REVIEW AND FORECASTS WORLDWIDE"

1. GNP RATES

2. STOCKMARKET FORECASTS

2. CURRENCY FORECASTS

PROGRAM #27. "INVESTMENT TRENDS

1. GROWTH OF INVESTMENT BUSINESS IN THE U.S.'s

PROGRAM #28. "MUTUAL FUND GROWTH"

1. MUTUAL FUNDS GROWTH IN NUMBERS

2. MUTUAL FUND GROWTH IN ASSETS

2. MUTUAL FUND CAPITAL FLOWS

3. MUTUAL FUND TRADING VOLUMES

PROGRAM #29. "INVESTING ON-LINE"

1. REVIEW OF EXISTING SYSTEMS

2. COSTS OF ON-LINE TRADING

3. EASE OF USE

PROGRAM #30. "FOOD CRISIS"

1. WORLD DEMAND

2. WORLD SUPPLY

3. PRODUCTION FORECASTS

4. TECHNOLOGY LIMITATIONS

6. CHEMICAL LIMITATIONS

PROGRAM #31. "PACIFIC RIM"

1. GNP GROWTH OF NORTH VERSUS SOUTH

2. POLITICAL STABILITY

4. LEADERSHIP STABILITY

PROGRAM #32. "PACIFIC RIM"

1. PROJECTIONS FOR 2000

2. RELATIVE SIZE

3. COMPETITION

4. CAPITAL REQUIREMENTS

5. FINANCIAL INSTRUMENTS

5. FOREIGN INVESTMENT FLOWS

PROGRAM #33. "OFFSHORE INVESTING"

1. NATIONS FACING BANKRUPTCY-PENSION PAYMENTS VS CONTRIBUTIONS

2. MAIN ASSET RETURNS-CASH VERSUS BONDS VERSUS U.S. EQUITIES

3. RISK VS. RETURN OF S&P 500 VS. WORLD PORTFOLIO

4. FORECAST DEFICITS

S. ASSET ALLOCATION FOR WORLD EQUITY MARKETS

6. MAIN MARKETS RELATIVE TO MSCI WORLD INDEX

7. WORLD STOCK MARKET ALLOCATION BY REGION

8. STOCK MARKET FORECAST FOR 2010

9. U.S. INFLATION, DEPOSITS, BONDS, EQUTIES-LAST 10 YEARS

10. HEDGES VS. DOMESTIC U.S. VS. INTERNATIONAL RISKIREWARD

I 1. GROWTH RATE FORECAST TO 201 0 BY WORLD REGION

12. GROWTH OF OFF-SHORE INVESTMENT FUNDS

PROGRAM #34. "CRIMES AGAINST COMPUTERS"

1. PROJECTED COST TO BANKS

2. FINANCIAL THREATS

3. FORTUNE 500 EXPENDITURES

PROGRAM #35 "LATIN AMERICA REVISITED"

1. MEXICO AGAIN IN GNP

2. MEXICO IN CURRENCY FORECASTS

3. THE PROMISE OF SAFTA

PROGRAM #36. "INVESTING ON-LINE"

1. U.S. HOUSEHOLDS WITH COMPUTERS

2. COMPUTERS ON-LINE

3. INTERNET USERS

4. ON-LINE INVESTORS

S. DEMOGRAPHIC PROFILE OF USERS

S. AGE

7. INCOME

B. PORTFOLIO SIZE

9. EDUCATION

10 INVESTMENT PREFERENCES-STOCKS, BONDS, MUTUAL FUNDS

11. NUMBER OF FUNDS

12. PREFERRED MUTUAL FUND COMPANIES

13. COMFORT LEVELS VERSUS CONCERNS

14. WILLINGNESS TO DO TRANSACTIONS

15. FREQUENCY OF USE

16. REASONS FOR USING-TYPE OF INFORMATION REQUESTED

17. DEMONSTRATIONS OF SCHWAB SYSTEM

18. DEMONSTRATIONS OF AOL SYSTEMS

19. COMPARISON OF ON-LINE INVESTMENT SERVICES BY COMMISSION, PRICE

20. COMPARISON BY ACCESS AND TYPE OF TRADE

PROGRAM #37. "CRIMES AGAINST INFORMATION INFRASTRUCTURE"

1. PROJECTED COST TO BUSINESS

2. INFRASTRUCTURE THREATS

4. DEFENSE DEPARTMENT EXPENDITURES

PROGRAM #38. "GLOBAL REAL ESTATE MARKETS"

1. UNITED STATES TRADE WITH NAFTA, VS. EUROPEAN UNION AND APEC

2. GLOBAL MARKET CYCLE FOR OFFICE RENTAL MARKETS

3. PRIME INDUSTRIAL RENTAL COMPARISONS WORLDWIDE

4. PRIME OFFICE RENTAL COMPARISONS WORLDWIDE

5. ASIAN CAPITALS OFFICE RENTS

6. INVESTMENT YIELDS FOR CLASS A OFFICE SPACE IN 20 MAJOR MARKETS

7. PUBLIC REAL ESTATE MARKET CAPITALIZATION-20 MAJOR MARKETS

8. RISKIRETURN SPECTRUM OF INTERNATIONAL MARKETS

9. INTERNATIONAL REAL ESTATE MARKETS FOR REITS

10. TOTAL RETURNS FOR REITS IN HOTELS, APARTMENTS, OFFICE AND

INDUSTRIAL

11. REIT INDUSTRY PROFILE BY PROPERTY TYPE

12. BEST MARKET FORECASTS

PROGRAM #39. "BRAZIL AS A GLOBAL POWER"

1. BEVESPA STOCK EXCHANGE OF SAO PAULO

2. TRADING VOLUME

3. EXPORTIIMPORT VOLUME OF BRAZIL

4. PRIVATIZATION DEALS AND VOLUME

5. PUBLIC SECTOR GROWTH AND DEBT

6. GNPGROWTH

7. BRAZIL VERSUS LATIN AMERICA

8. INTERNATIONAL CURRENCY RESERVES OF BRAZIL

PROGRAM #40. "INVESTMENT RISK WORLDWIDE"

1. SEVEN TYPES OF INVESTMENT RISK IN FOREIGN MARKETS

2. SOUTH AFRICAN EXCHANGE RATE FOR THE RAND

3. RUSSIAN INFLATION RATE

5. RUBLE EXCHANGE RATE

PROGRAM #41. "THE CAUCASUS AND THE OIL WARS$$

1. MAP OF CAUCASUS, GEORGIA, AZERBAIJAN, ARMENIA

2. MAP OF TURKEY, BLACK SEA AREA

3. MAP OF CASPIAN SEA AREA AND OIL DISCOVERIES

4. MAP OF EXISTING PIPELINES

5. MAP OF PROPOSED PIPELINES

S. MAP OF IRAQ, IRAN, CENTRAL ASIAN REPUBLICS

7. MAP OF KAZAKHISTAN, TADZHIKISTAN, UZBEKISTAN, TURKMENISTAN

8. MAP OF AFGHANISTAN, PAKISTAN AND CHINA

PROGRAM #42. "THE WORLD BANK AND THE IMF"

1. WORLD CAPITAL MOVEMENTS

9. GMSAL POVERTY RATES

PROGRAM #43. "CHINA AND KOREA"

1. CHINA GDP GROWTH RATE

2. KOREA GDP GROWTH RATE

3. KOREAN BANKING SECTOR WEAKNESS IN LOAN PORTFOLIO

4. CHINA'S PRIVATIZATION CHALLENGE AND STATE ENTERPRISE

PROGRAM#44. "LANGUAGE TRANSLATION REQUIREMENTS"

1. CORPORATE LANGUAGE TRANSLATION NEEDS

2. COMPUTER DEMONSTRATIONS OF LANGUAGE TRANSLATION

3. TRANSLATION ON THE WEB

PROGRAM #45. "YEAR IN REVIEW"

1. LAST YEAR'S PREDICTIONS OF MAJOR MARKETS AND CURRENCIES

2. LAST YEAR'S PERFORMANCE VERSUS PREDICTIONS

3. PREDICTIONS FOR COMING YEAR

PROGRAM #46. "KNOWLEDGE BASED SOCIETY"

1. INFORMATION REQUIREMENTS

2. SERVICE AND INFORMATION INDUSTRY GROWTH

3. GROWTH IN EMPLOYMENT

4. GROWTH IN "KNOWLEDGE CAPITAL"

PROGRAM #47. "THE FUTURE OF CHINA"

1. MILITARY GROWTH IN TECHNOLOGY

2. TECHNOLOGICAL TRANSFERS IN

3. TECHNOLOGICAL TRANFERS OUT

PROGRAM #48. "WORLD WIDE WEB OF COMMERCE"

1. TECHNOLOGICAL CAPABILITIES

2. NUMBER OF PARTICIPANTS

3. SALES GROWTH

4. PROJECTIONS FOR GROWTH IN COMMERCE

PROGRAM #49. "THE MIDDLE EAST'$

1. POPULATION TRENDS

2. WATER, FOOD, LAND AND OTHER RESERVES

3. WORLD BANK CONTRIBUTIONS BY COUNTRY

4. WORLD BANK CONTRIBUTIONS BY INFRASTRUCTURE SECTOR

PROGRAM #50. "INVESTMENT FRAUD AND REGULATORS

1. GROWTH OF FRAUD

2. LACK OF REGULATION RESOURCES

3. INTERNATIONAL FRAUD

4. CAPITAL RESERVES TO PROTECT INVESTORS

PROGRAM #61. "GLOBAL LABOR MARKETSII

1. WORLDWIDE LABOR SUPPLY

2. GLOBAL COMPETITION FROM TRADE

3. BLUE COLLAR COMPETITION

4. WHITE/SERVICE COLLAR COMPETITION TO COME

PROGRAM #52. "WESTERN EUROPE"

1. GDP GROWTH

2. NEW COUNTRY DEVELOPMENT

3. EXISTING OBSTACLES

4. GROWTH PROJECTIONS

PROGRAM #53.1. GDP GROWTH

2. NEW COUNTRY DEVELOPMENT

3. EXISTING OBSTACLES

4. GROWTH PROJECTIONS

PROGRAM #53. "INTERNET'S GLOBAL IMPACT"

1. GROWTH IN USERS

2. GOVERMENT INFORMATION

3. PRIVATE USES

PROGRAM #54. "U.S. BALANCE BUDGET"

1. HISTORY OF BUDGET DEFICITS

2. PROJECTIONS FOR YEAR AHEAD

3. FUTURE LIABILITES AND REQUIREMENTS

PROGRAM #55. "ASIA IN CRISIS"

1. CURRENCIES IN CRISIS

2. CURRENT ACCOUNT DEFICITS

3. EQUITY MARKETS IN JEAPARDY

4. PROJECTIONS FOR YEAR AHEAD

S. GOVERMENT IMPEDIMENTS

PROGRAM #56. "GLOBAL ECONOMY"

1. GROWTH IN TRADE

2. GROWTH IN CAPITAL

3. GROWTH IN DEBT

4. FUTURE REQUIREMENTS

PROGRAM #57. "LIVE FROM CHINA"

1. TEMPLETON FUND'S FUTURE PROJECTIONS

2. SOROS FUND FUTURE PROJECTIONS

3. HONG KONG STOCK EXCHANGE VOLUME GROWTH

4. SHANGHAI STOCK EXCHANGE VOLUME GROWTH

PROGRAM #58. "EASTERN EUROPE"

1. GDP GROWTH

2. NEW COUNTRY DEVELOPMENT

3. EXISTING OBSTACLES

4. GROWTH PROJECTIONS

PROGRAM #59. "COMBATTING CORRUPTION"

1. GOVERMENT CORRUPTION

2. PRIVATE CORRUPTION

3. TYPICAL SCENARIO

PROGRAM #60. "EUROPEAN MONETARY UNION"

1. HANS TEITMEYER'S REIGN ON INTEREST RATES

2. EUROPEAN INTEREST RATE COMPARISON

3. FUTURE PROJECTIONS

PROGRAM #61. "LATIN AMERICA ROUNDUP"

1. GDP GROWTH RATES

2. INFLATION RATES

3. CURRENCY COMPARISON

4. MEXICO'S TRADE AND SURPLUS

S. BRAZIL'S CURRENCY RESERVES

PROGRAM #62. "CASPIAN SEA OIL AND PIPELINESPO

1. MAP OF CASPIAN SEA AREA AND OIL RESERVES AND DISCOVERIES

2. MAP OF EXISTING PIPELINES

3. MAP OF PROPOSED PIPELINES

4. MAP OF CAUCASUS, GEORGIA, AZERBAIJAN, ARMENIA

S. MAP OF TURKEY, BLACK SEA AREA

6. MAP OF IRAQ, IRAN, CENTRAL ASIAN REPUBLICS

7. MAP OF KAZAKHISTAN, TADZHIKISTAN, UZBEKISTAN, TURKMENISTAN

8. MAP OF AFGHANISTAN, PAKISTAN AND CHINA

PROGRAM #63. "THE IMF"

1. CURRENT RESERVES AND FUTURE REQUIREMENTS

2. U.S.A. AND AVERAGE TAXPAYER CONTRIBUTION

3. IMF'S LOANS AND GRANTS

4. MEXICO EXPERIENCE

S. ASIA CRISIS AND REQUIREMENTS

6. ASIA'S CURRENCY CRISIS

6. FUTURE CRISIS REQUIREMENTS

PROGRAM #64. "EUROPE'S ASSET MANAGEMENT"

1. TOTAL EUROPEAN ASSETS VERSUS U.S. AND JAPAN

2. GDP COMPARISONS

3. SAVINGS COMPARISON

4. ASSETS BY COUNTRY

5. LEADING PLAYERS

6. AXA-UAP GROUP TOTAL ASSETS UNDER MANAGEMENT

7. AXA-UAP GROUP REVENUES BY SECTOR

7. AXA-UAP GROUP REVENUES BY REGION OF THE WORLD

PROGRAM #65. "FRANCE'S STRATEGIC POSITION"

1. EUROPE'S GDP GROWTH VERSUS U.S.

2. EUROPE GDP BY COUNTRY

3. INFLATION BY COUNTRY

4. INTERNATIONAL INVESTMENT FLOWS BY COUNTRY

6. FRANCE'S LABOR COSTS

7. FRANCE'S INTERNATIONAL INVESTMENT LAST TEN YEARS

PROGRAM #67. "THE EURO COMES TO EUROPE"

1. CONVERGENCE OF CURRENCIES

2. CONVERGENCE OF BOND YIELDS

3. DEFICIT PROJECTIONS

4. INFLATION PROJECTIONS

PROGRAM #68. "HIGH TECHIBIO-TECH SECTORS OF EUROPE"

1. ELECTRICITY COST COMPARISONS

2. TELEPHONE COST COMPARISONS

3. RESEARCH AND DEVELOPMENT BUDGETS

4. NOBLE PRIZE COMPARISONS

PROGRAM #69. "THE MILLENNIUM BUG"

1. PROJECTED COSTS FOR FEDERAL, STATE AND LOCAL GOVERNMENTS.

2. PROJECTED COSTS FOR FINANCIAL INDUSTRY.

3. ESTIMATED COSTS FOR SOME LARGE FIRMS.

4. TOTAL ESTIMATED COSTS FOR U.S. AND WORLD.

PROGRAM #70. "ASIA CRISIS CONTAGION"

1. CURRENCY COLLAPSE OF 10 NATIONS.

2. STOCK MARKETS OF 8 NATIONS.

3. GDP'S PROJECTED BY THE IMF BEFORE AND POST CRISIS.

4. "INTERNATIONAL INVESTOR'S" PROJECTED GDP FOR 10 NATIONS.

S. "INTERNATIONAL INVESTOR'S" PROJECTED GDP FOR CHINA.

S. "Il'S" PROJECTED CURRENCY DEVALUATION FOR CHINA.

PROGRAM #71. "'THE U.S. AND WORLD ECONOMY"

1. PARTICIPATION IN U.S. STOCK MARKET BY INDIVIDUAL INVESTOR.

2. PERCENT OF HOUSEHOLD ASSETS COMMITTED TO STOCK MARKETS.

3. PIE RATIOS OF MAJOR MARKET INDEXES.

4. U.S. BUDGET PROJECTIONS.

S. "INTERNATIONAL INVESTOR'S" FUTURE GLOBAL FINANCIAL INSTITUTIONS.

6. "INTERNATIONAL INVESTOR'S" WORLDWIDE INDUSTRY GIANTS.

PROGRAM #72. "JAPAN IN DEPRESSION"

1. TWENTY YEAR NIKKIE 225 AVERAGE PERFORMANCE.

2. TWENTY YEAR YEN VS. DOLLAR.

3. OFFICIAL BANK CAPITAL RESERVE RATIOS.

4. ADJUSTED (REAL) BANK CAPITAL RESERVE RATIOS.

S. TAX REFORM MEASURES, TAKEN AND PROPOSED.

S. CROSS HOLDING NETWORKS.

PROGRAM 73. "OFF-SHORE CAPITAL"

1. THREE ESTIMATES OF OFF-SHORE ASSETS.

2. OFF-SHORE CENTERS OLD AND NEW.

3. FINANCIAL INTELLIGENCE UNITS WORLDWIDE.

4. WORLD'S MAJOR BANKING CENTERS BY ASSETS.

S. TOTAL HEDGE FUNDS WORLDWIDE.

S. FOREIGN EXCHANGE MARKETS WORLDWIDE.

7. WORLDWDE CAPITAL ASSETS.

PROGRAM #74. "MONEY LAUNDERING AROUND THE WORLD”

1. U.S. TREASURY (FIN-CEN UNIT) INVESTIGATIVE AVERAGE.

2. OPERATION CASABLANCA.

3. MANHATTAN I.R.S.AUDIT INVESTIGATIONS.

4. ESTIMATED DRUG PROCEEDS WORLDWIDE.

5. ESTIMATED MONEY LAUNDERING WORLDWIDE.

PROGRAM #75. "PANAMA CANAL'S TURNOVER"

1. SHIPPING TONNAGE.

2. NUMBER OF SHIPS.

3. TYPES OF MATERIAL.

4. PROJECTED COSTS.

S. GOVERNMENT VS. PRIVATE TRAFFIC.

PROGRAM #76. "PANAMA'S TRADE AND TOURISM"

1. GDP VS. LATIN AMERICA AVERAGE.

2. INFLATION VS. LATIN AMERICA AVERAGE.

3. CURRENT ACCOUNTS VS. LATIN AMERICA AVERAGE.

4. FREE TRADE AGREEMENTS.

5. FREE TRADE ZONE VOLUME.

6. TOURISM GROWTH.

PROGRAM #77. "PANAMA'S CAPITAL MARKETS"

1. INTERNATIONAL BANKING VS. DOMESTICS.

2. STOCK MARKET VOLUME.

3. STOCKS VS. BONDS.

4. STOCKMARKET PERFORMANCE.

PROGRAM #78. "' THE NEW EUROPE"

1. GDP AND POPULATION VS. U.S.

2. WORLD TRADE PIE PERCENTAGE.

3. FOREIGN INVESTMENT.

4. GROWTH OF STOCK AND BOND MARKETS.

S. EQUITIES VS. BONDS.

6. PPJCE GAPS OF CONSUMER GOODS.

7. MAJOR MARKET PERFORMANCE.

8. LONG TERM PENSIONS DEFICITS.

9. GROWTH OF NEW BOND MARKETS.

10. ASSETS MANAGED BY INSURANCE COMPANIES & PENSIONS.

11..ASSET ALLOCATIONS RECONSIDERATIONS RATE.

12. EUROPE'S ATTRACTIVENESS VS. OTHER MARKETS.

13. COUNTRY ALLOCATION VS. SECTOR.

14. IMPORTANCE OF COUNTRY LISTING ORIGINATION.

15.CHIEF BENEFICIARY COUNTRIES.

16. CHIEF BENEFICIARY SECTORS. –

17.TIME FRAMES FOR REALLOCATION.

PROGRAM #79 “CYBERCRIME PART II, THREATS AGAINST CORPORATIONS AND VULNERABILITY OF INFORMATION DATABASE”

1. ESTIMATED PREVENTIVE COSTS TO PRIVATE SECTOR.

2. ESTIMATED LOSSES TO FINANCIAL SECTOR.

3. ESTIMATED LOSSES TO PRIVATE SECTOR.

PROGRAM #80 “INFORMATION WARFARE, PART II, THREATS AGAINST THE UNITED STATES INFRASTRUCTURE”

1. ESTIMATED BUDGET TO PROTECT U.S. GOVERNMENT FACILITIES

2. PROJECTED ANNUAL BUDGET.

PROGRAM #81 “THE Y2K ISSUE, PART II, THE IMPLICATIONS OF THE WORLDWIRE MILLLENNIUM COMPUTER BUG ON THE GLOBAL ECONOMY”

1. EXPENDITURES TO THE BANKING/FINANCIAL INDUSTRY.

2. ESTIMATES TO FIX THE GLOBAL Y2K PROBLEM

PROGRAM #82 “THE NEW EUROPEAN CENTRAL BANK AND THE BANKERS”

1. EUROPEAN INTEREST RATES

2. EUROPEAN CURRENCIES

3. FRENCH FRANC

4. BRITISH POUND

5. SPANISH PESETA

6. GERMAN MARK

7. ITALIAN LIRA

8. SWISS FRANC

9. BELGIUM FRANC

10. EURO

PROGRAM #83 “THE FAILURE OF ECONOMIC FORECASTING: EXPLAINING THE FAILURE OF FINANCIAL INSTITUTIONS TO RECOGNIZE AND FORECAST THE ASIAN AND RUSSIAN ECONOMIC AND CURRENCY COLLAPSE”

1. PACIFIC GROWTH FUND (MORGAN STANLEY DEAN WITTER)

2. STANDARD & POOR’S LONG TERM FOREIGN DEBT RATINGS

3. IMF: GDP GROWTH %

PROGRAM #84 “THE SCANDI-EURO LINK: THE HISTORIC CONNECTION OF SCANDINAVIA TO EUROPE BY ROAD AND RAIL”

1. INFRASTRUCTURE PLANS AND LAYOUT OF THE LANDBRIDGE AND RAILROAD PROJECT, CONNECTING COPENHAGEN, DENMARK WITH MALMO SWEDEN

PROGRAM #85 “THE MERGING OF THE NORDIC FINANCIAL MARKETS TO EUROPE”

1. SHARE TRADING VOLUME

2. MARKET VALUE OF BONDS LISTED YEAR-END 1997 EUROPEAN NON-EMU COUNTRIES

3. MARKET VALUE OF BONDS LISTED YEAR-END 1997

4. MARKET VALUE OF EQUITIES LISTED END-JUNE 1998

PROGRAM #86 “CENTRAL AMERICA’S RECOVERY AFTER HURRICANE MITCH”

1. TOTAL CASUALTIES AND TOTAL DEATHS IN HONDURAS

2. ESTIMATED DAMAGE

3. CASUALTIES IN HONDURAS, NICARAGUA, GUATEMALA AND EL SALVADOR

4. A LIST OF RELIEF AGENCIES, WORLDWIDE

PROGRAM #87 “AFRICA EMERGING AS A BUSINESS OPORTUNITY”

1. PROJECTED GDP’S NORTH AFRICA.

2. PROJECTED GDP’S SUB-SAHARA AFRICA.

PROGRAM #88 “KOREA’S FINANCIAL MARKETS AND ECONOMIC RECOVERY”

GDP 1997 + 1998.

GDP 1999.

AVERAGE ANNUAL INCOME 1997 – 1998.

GDP 1997 + 1998.

GDP 1999.

AVERAGE ANNUAL INCOME 1997 – 1998.

CORPORATE BOARD YIALDS.

EXCHANGE RATE 1 YEAR.

WON vs. U.S. DOLLAR.

FOREIGN EXCHANGE RESERVES.

CURRENT ACCOUNT DEFICIT.

PROGRAM #89 “CHINA’S FINANCIAL REFORM AND ECONOMIC RESTRUCTURING”

1. CHINA SLOWS RETAIL PRICES FALL

2. JAPAN’S REBOUND IS WEAK

3. PRICE GAPS THAT EURO MAY CLOSE

4. NORTH AFRICA (POP AND GDP)

5. SHANGHAI EXPRESS

6. DEVALUATION FOR CHINA?

7. BANK REFORM IN TROUBLE

8. CORRUPTION GROWS IN CHINA?

PROGRAM #90 “MONEY LAUNDERING III”

1. DRUG TRADE AS A GROWTH INDUSTRY VS. OTHER INDUSTRIES

2. ESTIMATES OF DRUG TRADE REVENUES WORLWIDE

3. EMPLOYMENT IN DRUG TRADE WORLDWIDE

4. MONEY FLOWS WORLDWIDE

5. CAPITAL FLIGHT WOLRDWIDE

6. FAVORITE GLOBAL HAVENS

7. SIGNIFICANT ARRESTS

8. NUMBER OF BANKS CITED

PROGRAM #91 “KOREA’S ECONOMIC RESTRUCTURING AND FOREIGN INVESTMENT” PART II

1. PERFORMANCE.

2. MARKET CAPITAL.

3. AVERAGE DAILY TRADING (VOL).

4. LISTED COMPANIES.

5. FORIGN INVESTMENT INFLOUS.

6. NET PURCHASES BY FOREIGNERS.

PROGRAM #92 “CHINA’S FINANCIAL REFORM AND ECONOMIC RESTRUCTURING”

1. CHINA’S CURRENT ACCOUNT

2. CHINA EXPORTS FALL

3. CHINA GDP

PROGRAM #93 “LATIN AMERICA IN THE YEAR 2000, ELECTIONS, ECONOMIC GROWTH AND RISKS”

1. MEXICO BOLSA INDEX, 1 YEAR.

2. MEXICO BOLSA INDEX, 6 MONTHS.

3. BRAZIL BOVESPA STOCK IDX, 1 YEAR.

4. BRAZIL BOVESPA STOCK IDX, 1 DAY.

5. ARGENTINA GENERAL INDEX, 1 YEAR.

6. LATIN AMERICA INDEX COPARISON.

PROGRAM #94 “KOREA’S ECONOMIC RECOVERY AND RESTRUCTURING III”

1. KOREAN AVERAGE ANNUAL INCOME

PROGRAM #95 “CORPORATE GOVERNANCE AROUND THE WORLD”

1. CASH vs EQUITY AS A PERCENT OF TOTAL DIRECT PAY.

2. SHARES AUTORYCED FOR MANAGEMENT AND EMPLOYEE EQUITY INCENTIVE PLANS AS PERCENT OF SHARES OUTSTANDING.

3. THE EQUITABLE TREATMENT OF SHAREHOLDERS.

4. E-TRADE GROUP INC. AND TELEBANK

5. DO YOU CURRENTLY HAVE AN ACCOUNT WITH A VIRTUAL BANK?

6. WHAT CONCERNS DO YOU HAVE ABOUT VIRTUAL BANKING?

7. IF YOU ALREADY HAVE AN ACCOUNT WITH A VIRTUAL BANK, TELL US WHY YOU SWITCHED.

PROGRAM #96 “YEAR IN REVIEW 1999”

1. STOCK MARKETS WORLDWIDE

2. TOP 10 MARKETS

3. BOTTOM 10 MARKETS

4. CURRENCY SWINGS AND COMPARISONS

5. PREDICTIONS FOR YEAR 2000

PROGRAM #97 “THE REVIVAL AND REUNION OF BIG OIL’S SEVEN SISTERS”

1. THE SEVEN SISTERS.

2. CORPORATE STRUCTURE OF STANDARD OIL COMPANY.

3. FATE OF THE 54 “STANDARD SIBLINGS” 1911-1976.

4. HISTORY OF THE SEVEN SISTERS.

5. THE SISTERS AND SIBLINGS REUNITE.

6. OIL PRODUCING COUTRIES.

7. WORLD OIL PRODUCTION.

8. LEADING CRUDE OIL PRODUCERS.

9. CRUDE OIL PRODUCTION, RESERVES AND REFINING CAPACITY.

10. ASIAN-PACIFIC OIL DEMAND GROWTH, 1970-2006.

11. OIL DEMAND IN THE BIG FOUR.

12. PERCENT OF OIL SUPPLIED FROM THE PERSIAN GULF.

13. GULF REGION DEMAND.

14. HISTORY OF CONTROL OF OIL IN THE GULF REGION.

15. GULF REGION SUPPLY.

16. ORGANITATION OF PETROLIUM EXPORTING COUNTRIES (OPEP).

17. 1998 NET OIL EXPORTS FROM THE PERSIAN GULF.

18. SELECTED MAJOR PRODUCING COUNTRIES AND THE STRATEGIC PETROLEUM RESERVE.

19. MAPS OF PERSIAN GULF.

20. CASPIAN AREA PIPELINE OPTIONS.

21. MEMBERS OF THE CARPIAN PIPELINE CONSORTIUM.

22. OECO OIL STOCKS.

23. U.S. PETROLIUM STOCKS.

24. HISTORIC OIL PRICES.

25. U.S. MONTHLY CRUDE OIL PRICES.

PROGRAM #98 “LATIN AMERICA’S FINANCE MINISTERS AND U.S. RELATIONS”

1. MEXICO GDP

2. MEXICO INFLATION

3. DEFICIT ON TARGET IN MEXICO

PROGRAM #99 “THE GLOBAL INTERNET”

1. CELL PHONE USERS TOP TEN COUNTRIES.

2. ASIA-PACIFIC AND E.U. PROJECTED TO OVERTAKE THE U.S. BY 2005.

3. INTERNET GROWTH PER CAPITA, 2000 vs 2005.

4. COMPUTER GROWTH PER CAPITA, 2000 vs 2005.

5. COMPUTER USERS.

6. INTERNET USERS.

7. INTERNET USERS BY REGION.

PROGRAM #100. “THE FED MONETARY POLICY AND SYSTEMIC RISK”

1. FLIGHT CAPITAL FROM WORLD’S POOREST NATIONS.

2. U.S. ECONOMIC GROWTH CONTINUES.

3. MARGIN DEBT.

4. WORLDWIDE CAPITAL.

5. GLOBAL FINANCIAL GIANTS.

6. MAJOR BANK CENTERS.

7. EUROPEAN INFLATION.

8. EUROPEAN ECONOMIC GROWTH RISES.

9. PRIVATE CAPITAL V.S. CENTRAL BANKS.

10. LONG TERM CAPITAL MANAGEMENT LP.

PROGRAM #101. “VENTURE CAPITAL AND HIGH TECHNOLOGIES”

1. LARGEST VENTURE CAPITAL EQUITY INVESTMENTS 4^TH QTR. , 1999

2. VENTURE CAPITAL FUNDS INVESTED

3. LARGEST INTERNET INVESTMENTS IN FOURTH QUARTER, 1999

4. LARGEST VENTURE-BACKED IPOs IN FOURTH QUARTER, 1999

5. LARGEST VENTURE-BACKED M&AS IN FOURTH QUARTER, 1999

PROGRAM #102. “FINANCIAL & CAPITAL MARKETS OF CANADA”

1. TSE SHARES TRADED.

2. VALUE.

3. COMPANIES LISTED.

4. TSE LISTED COMPANIES – TECHNOLOGY.

5. FUTURES CONTRACTS.

6. GLOBEX ALLIANCE.

7. BAX VOLUME TRADED.

8. GLOBAL EQUITY MARKET ALLIANCE.

9. THE TSE IN COMPARISON TO NASDAQ, NYSE.

10. INCREASING PRESENCE OF TECHNOLOGY COMPANIES.

11. TSE 300 PERFORMANCE.

12. COMPARISON TS 300 AND SPX.

13. TECHNOLOGY AND BIOTECHNOLOGY COMPANIES A SUBSTANCIAL WEIGHTING OF TSE 300.

14. U.S. CAPITAL MARKETS.

15. NOTABLE CROSS LISTED TECHNOLOGY COMPANIES.

16. BLUE-CHIP COMPARABLES.

17. VENTURE FUND CAPITAL.

PROGRAM #103. “CANADA’S ECONOMIC RESURGENCE”

1. SHARE OF U.S. EXPORTS 1999.

2. SHARE OF U.S. IMPORTS 1999.

3. INFLATION.

4. FEDERAL DEFICIT.

5. UNEMPLOYMENT RATE.

6. CANADA’S ECONOMY IS BOOMING.

7. INFLATION AND LOW INTEREST RATES.

8. COMPARISON BETWEEN INFLOWS INTO OECD AND CANADA-UNITED STATES.

9. CANADIAN DOLLARS IN U.S. FUNDS.

10. CANADA-UNITED SATES PARTNERSHIP IS A MAJOR STRATEGIC ASSET.

11. AUTOS &PARTS EXPORT GROWTH.

12. CANADA’S TRADE PERFORMANCE IS IMPRESSIVE.

13. CANADA’S FISCAL POSITION HAS IMPROVED DRAMATICALLY.

14. AUTOMOTIVE EXPORTS ASSEMBLED VEHICLES AND PARTS.

15. MOTOR VEHICLE SALES.

16. PORTFOLIO INVESTMENTS.

17. U.S. CANADA CROSS-BORDER ACQUISITIONS.

18.MOTOR VEHICLE SALES.

16. PORTFOLIO INVESTMENTS.

17. U.S. CANADA CROSS-BORDER ACQUISITIONS.

18. DISTRIBUTION OF FOREIGN DIRECT INVESTMENT BY INDUSTRY.

19. DISTRIBUTION OF FOREIGN DIRECT INVESTMENT BY REGION-COUNTRY.

20. COST OF LABOUR – MANUFACTURING.

21. EMPLOYER SPONSORED HEALTH BENEFITS 1997.

22. GAINS IN TOTAL EMPLOYMENT.

23. CANADA’S EMPLOYMENT GROWTH RECORD AND PROSPECTS ARE GOOD.

24. CANADA IS BENEFITING FROM LOW LEVELS OF INFLATION.

25. COLLECTIVE BARGAINING RESULTS.

26. CANADA HAS LOWER INFLATION THAN U.S. SINCE 1992.

27. FEDERAL BUDGET 2000 TAX CUTS.

28. CORPORATE INCOME TAX RATES 1998.

29. FEDERAL AND PROVICIAL DEBT AS A PER CENT OF GDP DECINES FROM PEAK.

30. FEDERAL AND PROVICIAL GOVERNMENT DEFICITS.

31. CANADA UNVEILS TAX-CUT BUDGET.

32. CANADA’S BUSINESS TAX BURDEN IS HURTING INVESTMENT.

33. CANADA’S PERSONAL INCME TAX BURDEN IS CRUSHING INCENTIVE.

34. CANADA’S PUBLIC DEBT LEVELS ARE DANGEROUSLY HIGH.

PROGRAM # 104 EASTERN EUROPE AND RUSSIA’S FUTURE

1. Russian Inflation, 1998-2001 (P)

2. Real GDP Growth Russia, Poland, Czech and Hungary, 1998-2001

3. Russian Ruble Strengthens Against the U.S.$

4. Russian Stock Market Zooms, 1996-2000

5. Current Account (% pf GDP) between Russia, Poland, Czech and Hungary, 1998-2001

6. Average GDP Growth (% of GDP) comparison with 10 countries and EU

7. GDP per capita (euro (99))

8. Population: comparison with 10 countries

9. Life Expectancy: comparison with 10 countries and EU

10. Telephones and 100 people: comparison with 10 countries and EU

11. Investment and Saving: comparison with 10 countries and EU

12. Market Capitalization / BGN / , Jan’98 –Mar’00

13. Dynamics of No of Shares / Turnover Jan’98-Mar’00

14. Higher Education Spending (% for GDP) between 10 countries

15. Total GDP (Billions of Euros (1999)) between 10 countries

16. Polish Currency Weakens Against the U.S.$

17. Polish Stock Market Rises

18. Index of Economic Freedom in the world: between 11 countries

PROGRAM # 105 EASTERN EUROPE’S FUTURE WITH THE EURO

1. Information between Hungary, Poland and Czech, 1998-2001(P)

2. Currency/US$ (base 100(98)), between Hungary, Poland and Czech, 1998-2001(P)

3. EURO Falls Against US$

4. Czech Republic Prepares for Entry into European Union

PROGRAM # 106 MERGING OF THE CENTRAL AMERICAN, CARIBBEAN AND LATIN AMERICAN STOCK EXCHANGES

Top Five Equity Markets

Bolcen (Association of Securities Exchanges)

The Exchange Picture in Latin America

The First Market Structure: the key to success

Latin America 2000: “ Economic Rationality and Political Maturity”

GNP (Billions $) between 15 countries

Over the Past 15 Years, Nasdaq –listed companies have raised over $ 480 billion

GNP per capita (PPP): between 15 countries

The Nasdaq Global strategy and Latin America

Nasdaq Latin America: “1 + 4 = more than 5”

Nasdaq’s Market Cap Growth: the World Leader

Nasdaq in the World

Stock Market Harmonization Initiatives in the Caribbean

Future Harmonization Efforts

World’s Largest Markets

PROGRAM # 107 THE “INTERNATIONALIZATION” OF THE MUTUAL FUND INDUSTRY

1. Expense Charges Rise for the Average Fund

2. Fee Revenues for the Top 77 Stock and Bond Funds

3. Stock Turnover Rises

4. Funds Liquidated and Merged

5. House Hold Ownership of Funds Rises

6. Mutual Fund Advertising Scrutinized by the SEC

7. SEC Requirements of Money Market Funds

8. Distribution by Asset Type

9. Distribution by Institutional Sales

10. French Retail Fund Growth

11. U.S. Fund Managers European Allocation

12. Latin American Allocation

13. African Allocation

14. Internet Use to Buy/Sell Funds Rises

15. Holdings of Foreign Equities by U.S. Investors

16. Chinese Land Mass vs. Italy

17. Chinese Population vs. Italian Population

18. Chinese GDP vs. Italian GDP

19. Chinese Exports vs. Italian Exports

20. Chinese Imports vs. Italian Imports

PROGRAM #108 CoRPORATE Governance WORLDWIDE-russia & asia

1. Highest scoring companies in corporate governance

2. Recently introduced regal tools in Japan

3. Equity ownership in Japan, 1998

4. Ratio of cross shareholding

5. Ownership concentration in Indonesia in 1993 &1997

6. EASD (European Association of Securities Dealers)

7. Exchanges compared with listed companies 1999 and market value

8. Market Capitalization

9. Shareholders in their own companies between France, U.K. and Germany

10. Standard and poors demands more financial disclosure from Russian companies

Worst markets in terms of corporate governance

PROGRAM # 109 CoRpOrate Governance WORLDWIDE-EUROPE + AMERICA

1. Common Fraud Techniques By Industry: U.S. Financial Services.

2. Common Fraud Techniques By Industry: U.S. Technology Companies.

3. Common Fraud Techniques By Industry: U.S. Health Care.

4. Changing Dynamics: Fraud Characteristics.

5. Audit Committees: Fraud/Non-Fraud.

6. Top Five Chaebols Still In Control: Market Share.

7. Increasing Control: Top 5 Chaebols Between 1998 And 1999.

8. <Bgc>Institutional Foreign Investors By Region Of Origin.

9. <Bgc>Investors Participation The Value Traded.

10. Major League Alliance Between 10 Exchanges.

PROGRAM # 110 MERGING oF THE WORLD’S STOCK EXCHANGES

1. Top Five Equity Markets Worldwide

2. Top Five Derivatives Exchanges Ranked By Trading Columns

3. Major –League Alliance: Global Exchanges Alliances Between 10 Exchanges

4. Global Alliance: Five Exchange Members

5. Global Equity Market Alliance: 10 Exchange Members

6. Nordic Alliance: 5 Exchange Members

7. European Market Capitalization

8. Market Capitalization: Deutsche Bourse, Euro Next, London Stock Exchange

9. Easdaq

10. Hong Kong Creates New Exchange For High-Tech Companies

11. Uk, Germany Eye Nasdaq Deal

12. Stock Market Harmonization Initiatives In The Caribbean

13. Future Harmonization Efforts

14. Cbot And Eurex Reach Deal On An Alliance

15. London Derivatives Trading Go To Electronic

16. World’s Largest Markets

17. Importance Of Business In 1-2 Years Time

18. Internet Use In Freight Transport

PROGRAM # 111 GREATER TORONTO REGION

Toronto Region (Map)

Ontario Growth Outpeaces Other Major Industrial Economies comparison with 7 countries

Share of U.S. Imports –1999: comparison with 10 countries and regions

Labor Cost Comparison: System Analyst / Programmer between Toronto, Dallas, Atlanta, Boston, New York and San Francisco

Automotive Exports – assembled vehicles and parts, 1985-1999

Motor Vehicle Sales, 1991-2001 (Estimate)

Sponsored Health Benefits Employer – 1997

Ten Highest Growth Canadian and U.S. Metropolitan Area, 1989-1999 Population Growth

Canadian are well Educated: comparison with United States, Norway, Sweden, Australia, Ireland, Denmark and GermanyMotor Vehicle Sales, 1991-2001 (Estimate)

Sponsored Health Benefits Employer – 1997

Ten Highest Growth Canadian and U.S. Metropolitan Area, 1989-1999 Population Growth

Canadian are well Educated: comparison with United States, Norway, Sweden, Australia, Ireland, Denmark and Germany

Ontario Information Technology and Telecommunications Growing Rapidly

Knowledge Workers World Rank between 7 countries

Occupational Wages –Knowledge Workers, 1998 Canada and U.S.

PROGRAM # 112 CANADA’S HI-TECH

1.            Share of Exports, 1999 between 10 countries and all others

2.            Canada’s Economy is Booming: Real Growth is Gross Domestic Product, Percent Change, comparison with 7 countries, 1999-2000

3.            Occupational Wages – Knowledge Workers, between Canada and U.S.

4.            Canadians are Well Educated, comparison with United States, Norway, Sweden, Australia, Ireland, Denmark and Germany

5.            Superior Quality Workforce, Knowledge Workers Work Rank between 7 countries

6.            Foreign Investment in Quebec

7.            Very Low Labour Costs: comparison with 8 countries

8.            Information Technology and Multimedia: Greater Montreal; Canada’s IT and Multimedia Capital

9.            International Organizations

10.           Montreal’s High-Tech Metropolis: Rank in North America

11.           Information Technology and Multimedia

PROGRAM # 113 CANADA’S BIO-TECH

1.      Canadians are Well Educated: Comparison with 8 Countries

2.      Canada 1st among G-7 for Technology Potential: Technology Potential Index

3.      Notable Cross Listed Technology Companies

4.      Ottawa Region (Ottawa/Kanata)

5.      Worldwide PKI Product Revenue by Vendor, 1998

6.      Superior Quality Workforce Knowledge Workers Rank Among G-7

PROGRAM # 114 VENTURE CAPITAL and Information Technology

1.         Venture capital funds investments first quarter, 1999

2.         Largest venture equity investments of fourth quarter, 1999

3.         Largest venture-backed TPO’s in fourth quarter, 1999

4.         Utilization of information and communications technology, 1998

5.         Venture capital comparisons between Europe and U.S.

6.         Largest venture-backed M&A in fourth quarter, 1999

7.         Cell phones subscribes per 1000 pop, 1998

8.         Internal connections per 1000 pop based on computer’s accessing the Net

PROGRAM # 114 BIG OIL’S TWELVE (12) DIRTY LITTLE SECRETS

World Oil Production comparison with World, OPEC and Persian Gulf

Crude Oil Production, Reserves and Refining Capacity

               : Comparison with Non-OPEC and OPEC

Kazakstan President Nursultan Nazarbaycv Declared Kashagan Field Has 50 Billion Barrels of Oil

U.S. Crude Oil Imports by Source, 1985-1997 between 6 countries and regions

Figure 2, Oil Demand in the Big Four, 1985-2010

Figure 1, Asia-Pacific Oil Demand Growth, 1970-2005

Percent of Oil Supplied from Persian Gulf, 1963-1999

Rising Oil Prices Hurt Most Countries, Especially Korea, Thailand and Philippines

Oil-Reliant, Electronics Exporters Appear Hardest Hit…

Gulf Region Demand (Changes form Previous Year): 1957-1958, 1998-1999, 1999-2000

History of Control of in the Gulf Region

Organization of Petroleum Exporting Countries/OPEC

Figure 11, Petroleum Production, Consumption and Imports, 1950-1990’s

Petroleum Consumption

Cause of Refineries Reduced Production Rate

Operating Refineries and Capacity

Cause of Refineries Reduced Production Rate

Figure 41, World Oil Prices in Three Causes, 1970-2020 (1999 dollars per burrel)

Figure 46, Projected Worldwide Refining Capacity/Region 1999 and 2020 (million per burrel)

Oil Industry Mega-Mergers

Oil Industry Mega-Mergers

Oil Industry Mega-Mergers

Oil Industry Mega-Mergers

Oil Industry Mega-Mergers

OECD Oil Stocks, 1996-2000

U.S. Petroleum Stocks (Excl. SPR)

Historic Oil Prices, 1970-1998

U.S. Monthly Crude Oil Produces, 1994-2000

Figure 2, Leading Crude Oil Produces between 5 Countries, 1998-2000

The Majors Today

Energy Overview Oil

Energy Overview Oil (continued)

Energy Overview Natural Gas

Energy Overview Oil Coal

Energy Overview Oil Electric

World Refining Capacity, 1970-1998 (million per burrel per calendar day)

Leading Crude Oil Producers between 5 Countries, 1997-2000

Current Account (% pf GDP) between Russia, Hungary Czech and Poland, 1998-2001

I.I.’s Ten Best Foreign Embassies Criteria

I.I.’s Ten Best Foreign Embassies

I.I’s Worst Ten Embassies

PROGRAM # 115 THE World Financial Architecture and Systemic, FINANCIAL Risk PART 1

1.            Tulip Bubble In Holland

2.            Faulty Economic Assumptions

3.            Major Regulatory Gap In Global Financial System

4.            International Dependencies

5.            Global Historical Benchmark

6.            Exchange Rate Changes Between Venezuela, Mexico, Brazil And Crisis (Asia, Brazil And Russian)

7.            Global Exports/Imports

8.            U.S. Imports Shares

9.            Global Gdr And Trade Growth Between 1950 And 1998

10.              Global Slowdown

11.              U.S. Debt Per Household From 1959 To1995

12.              U.S. Economic Slowdown

13.              U.S. Bankruptcy Filings

14.              Imf Predicts Global Slowdown

15.              Global Slowdown Inconsistent Between U.S., Japan, Europe, Russia, China And Brazil

16.              Distribution Of Assets By Major Classes 1999

17.              Forecast Revisions For 2001 Real Gdp Growth

18.              Independence Of The Federal Reserve

19.              Moral Hazard

20.              Imf’s Total Resources Relative To World Gdp From1993 To 1997

21.              Central Bank Reserves

22.              Growth Of The Bubble: Derivatives Vs. World Trade And Output

23.              Global Regulator

24.              Derivative Dangers

25.              Technology Sector Of Stock Market Capitalization

26.              Telecommunications Sector Of Stock Market Capitalization

PROGRAM # 116 THE WORLD Financial Architecture AND SYSTEMIC, FINANCIAL RISK Part 2

1.            Insufficient Bank Capital At Year-End Of 1997

2.            Capital Flows From1990 To 1998

3.            A Small Shift Can Wreak Havok

4.            Imf Rescue Packages

5.            Asian Devaluations From 1996 To 1999

6.            Asian Economies Collapse From 1996 To 1999

7.            Financial Flows To Emerging Markets

       Between Middle East, Africa, Europe Asia Pacific And Latin America

8.            Capital Flows As % Of Gdp From 1980 To 1998

9.            Private Capital Concentrates On Big Emerging Markets

10.              Turkish Lira Plummets

11.              Turkish Banks Hide Problems

12.              Public Debt Soars

13.              Turkish Interest Payments Soar Between 1990 And 1999

14.              Imf Authorizes Additional Funding For Turkey

15.              Stern Says Growth In China And India Most Critical

16.              Bombay Stock Exchange For 5 Years: From 1996 To 2001

17.              Bombay Stock Exchange For 5 Years: Sensex From Feb. To Apr. 2001

18.              High Tech Falls National Stock Exchange: Nifty From Feb. To Apr. 2001

19.              India’s Capital Controls

20.              The Securities And Exchange Board Of India (Sebi) Lacks Enforcement Power

21.              Commercial Bank Assets Relative To Equity Market

PROGRAM # 117 THE GLOBAL ECONOMY & GREATER WASHINGTON REGION

1.        1998 Deloitte & Touche Study

2.        Foreign Owned Firms Grow in Number

3.        Embassies and Bank

4.        Higher Education

5.        Median Household Incomes Rank at Top of the Nation

6.        Japan takes lead as Nation

7.        Top International Business Locations of Companies Headquartered in Greater Washington

8.        Foreign-Owned Company by Region of Ownership

9.        Annual Flight

10.       Impact of International Economy on Greater Washington Region

11.       Tourism(1999 Figures)

12.       International Growth

13.       Washington Area Support Services

14.       8 Associations

15.       8 Associations

16.        Washington Region Tied for Second Highest Concentration of Biotechnology Companies in    the U.S.

17.       1998 Deloitte & Touche Study

18.       Gross Regional Product

19.       8 Associations

20.       Top International Business Regions of Companies

21.       Headquartered in Greater Washington

22.       Foreign-Owned Companies Employment of Industry Sector

23.       Washington (Netplex), the Second Largest Center for Data Communications and Internet-Related Companies in the U.S.

24.       Total Visitors to Greater Washington, 1994-2000

25.       International Non Stop Fright from Greater Washington Airports

26.       Association Headquarters

27.       Population comparison with major 8 Cities

28.       Share of Washington’s Regional Economy, 1970-2005

PROGRAM # 118 the potential effects of the free trade agreement of the americas

1. Mapping

Foreign Direct Investment In Caribbean And Latin America Sources

Focus Still On Big Nations

Europeans Lead U.S. On F.D.I.

Distance Matters Between Nations On Trade

U.S. Opens Doors To Latin America

U.S. Is Already An Open Market

Latins Out-Earn East Asians

U.S. Majority-Owned Foreign Affiliates In Manufacturing Income

Taxes Paid As A % Of Net-Income 1998

Country Size Matters When Measuring Trade Partners

Puerto Rico Tax Incentives

Map Of Caribbean Sea And North Pacific Ocean

Rica Foods, Inc.: Amex-Rcf)

The Rica Foods Story

Costa Rican Economy

Stability Of Currency

Tps Criteria For Foreign Investment

PROGRAM # 119 TRADE PROMOTION AUTHORITY & CHINA’S ENTRY TO W.T.O.

1. Stability Of Currency

Tps Criteria For Foreign Investment

PROGRAM # 119 TRADE PROMOTION AUTHORITY & CHINA’S ENTRY TO W.T.O.

1. Steel Industry Growth Worldwide

2. China’s Schedule For W.T.O. Approval

3. China Trade History During Mao

4. China Trade Growth, Post Mao

5. China’s Share Of U.S. Exports/Imports

6. Income Distribution Of Top Emerging Markets

7. Europeans Vs. U.S. In Trade Negotiations

8. China’s Economic Potential In 2020

9. China’s Job And Gdp Requirements

10. Inequity Of Income In China

11. Average Income: China Vs. Other Nations

12. China’s Pressure To Create Jobs

13. Population Growth In China’s Urban Centers

14. China’s Recent Acquisitions

PROGRAM # 120 ECONOMIES IN CONFLICT: CHINA AND JAPAN

1. China Land Mass Vs. Japan

2. China Populatin Vs. Japan

3. Total Gdp China Vs. Japan—5 Years

4. Gdp Change—5 Years China Vs. Japan

5. Gdp 2000 China Vs. Japan

6. Cia Vs Eui Gdp Estimates Of China

7. China’s “Official” Figures

8. Imports China Vs. Japan—5 Yrs.

9. Import Growth China Vs. Japan—5 Yrs.

10. Exports China Vs. Japan—5 Yrs.

11. Export Growth China Vs. Japan—5yrs.

12. Exports/Imports 2000 China Vs. Japan

13. Foreign Capital In China

14. Foreign Direct Investment China Vs. Japan5 Yrs.

15. Foregin Exchange Reserves In China

16. China Purchases Of U.S. Securities

17. Shanghai B Shares Stock Exchange Performance 2001

18. Tokyo Nikkei 225 Stock Exchange Performance 2001

19. Dow Jones Avg. Vs. Shanghai B Shares Vs. Tokyo Nikkei 225 Stock Exchange Performance 2001

20. China Manufacturing Vs. Importing

21. The Olympics Effect

22. F.D.I. Effect

#121 JAPAN AND ASIA

Japan’s Economic Deterioration
Tokyo’s Nikkei 225 Index-1yr.
Banks Merge To Survive
Prime Minister Back Tracks On Reform
Stock Index Performance 5years
Imports From China Soar
Stock Market China Vs Japan
Landmass Japan Vs China
Population Comparison

10.Japan Leads China – In Gdp

11.Japan’s Economy Still Dwarfs China’s

12.Japanese People Richer Than Chinese

13.Japan Still Leads China Imports And Exports

14.Export Growth Japan Vs China

15.China’s Gdp Slipping But Still High

16.Cia Gdp Estimate

17.China Manufactures Rather Than Imports

18.Fx Reserves China Vs Japan

19.Foreign Capital Private And Agency For China

20.Foreign Direct Investment China Leads Japan

21.China’s Trade Dollars Purchases U.S. Securities

#122 COUNTRY AND CORPORATE GOVERNANCE

Corporate Governance Country Ranking
China’s Inequity Of Wealth
China’s Income Distribution
China’s Relentless Drive For Growth
Pressures For Job Growth
Highest Scoring Companies In Corporate Governance
European Corporate Governance Ratings
Employee Attitude – Prospective Recruits
Companied Ranked by Financial Value

# 124 TERRORISM’S IMPACT ON THE WORLD ECONOMY

Budget Cost to U.S.
Cost to U.S. Government
Insurance Cost
International Financial Markets Cost
Investment Costs
Maritime Costs
NY Properties Cost
Recovery Costs
Terror Fund Costs

10.Tourism Cost

11.VA./D.C. Destruction Cost

12.WORLD TRADE CENTER Destruction Cost

#125 AIRLINE AND AIRPORT SECURITY

Airport Revenues
Airline Seat Capacity
Air Freight Traffic
Airlines Depend On Freight Revenues
Cargo Screening
Passenger Screeners--80% Non-U.S. Citizens
Government Solution - Expedite Immigration Visas
Small Airport Traffic
Airport Ramp Access

10.Two Million Background Checks Required

#126 MARITIME SECURITY

Maritime Threat To U.S. Ports
U.S. Ports Daily Traffic
Maritime Trade Dwarf’s Air Traffic
Coast Guard Responsibility
Maritime Economic Impact
World Trade Growing
Total Maritime Trade
Future Trends in Shipping
U.S. Customs Overwhelmed

10.Terror Fund List

11.World Trade Towers Property Destroyed

12.9/11 Insurance Losses

13.New York Properties Suffer Insurance Woes

14.Manhattan/Washington Properties Under Pressure

15.Top Maritime Ports Exporting To The U.S.

16.Insurance Woes Impact Corporate Finance

#127 INFORMATION TECHNOLOGY TERRORISM THREATS

Internet Attacks on Rise
NYSE
Obstacles to Reporting
CyberCrime on Rise
Chemical Risks
Company Warnings
Deloitte Study
Priority Threats
Funds

10.Economic Analysis

# 128 CHINA AND THE WTO

China Trade from 1928-1977
Chinese Toy Production—2001
GDP Growth Rate: China
GDO Growth Rate: China And Japan
Foreign Direct Investment Growth Rate: China
Foreign Direct Investment Growth Rate: China and Japan
Growth of Imports: China
Growth Rate of Imports: China and Japan
Growth of Exports: China

10.Growth Rate of Exports: China and Japan

11.Growth Rate of Foreign Exchange Reserves: China

12.Growth Rate of Foreign Exchange Reserves: Japan

" The Selling of Wall Street "

SPECIAL SERIES: “THE SELLING OF WALL STREET FRAUD”

#129 Part 1: Financial Analysts & Investment Banks

Index of Economic Indicators and Sources

1. ANALYSTS RATING BIAS

2. ANDERSEN INACCURACIES IN CORPORATE RESTATEMENTS

3. ANALYSTS OWNERSHIP OF STOCK

4. IPO’S GLOW AND BURN OUT FAST

5. INVESTMENT BANKS FACE LAWSUITS

6. ANALYSTS RATING BIAS CONTINUES

7. MAJORITY OF BROKERAGE FIRMS UNDER-PERFORM THE MARKET

8. EUROPEAN ANALYSTS SHOW LESS BIAS THAN AMERICAN COUNTERPARTS

9. STAR ANALYSTS WELL PAID

10. DESPITE LOSSES, ANALYSTS KEEP URGING INVESTORS TO “BUY”

11. CORPORATE RESTATEMENTS: LOSSES FOR INVESTORS

12. CORPORATE EXECS PRESSURE INVESTMENT BANKS & ANALYSTS

13. “FRONT-RUNNING”

14. ENRON UNDERWRITING FEES

15. I.P.O. (INITIAL PUBLIC OFFERING) GAMES

16. BIG MONEY IS IN I.P.O SHARES

17. “SPINNING THE I.P.O”

18. “SEE NO EVIL” DISCLOSURE RULES

19. ANALYSTS’ ASSOCIATION FOCUSES ON OTHER ISSUES

20. CHINESE WALLS ARE PAPER THIN

21. THE “BOOSTER SHOT”

22. GIGANTIC SECURITIES SALES FORCE

SPECIAL SERIES: “THE SELLING OF WALL STREET FRAUD”

#130 Part 2: Accounting & Auditing

1. ENRON RESTATEMENT

2. SPECIAL-PURPOSE ENTITIES (S.P.E. S)

3. PRO-FORMA EARNINGS

4. STOCK OPTIONS AS % OF TOTAL MARKET

5. NEW RULES FOR PARTNERSHIPS

6. “S.P.E.’S” ARE RAMPANT

7. FASB MAY ACT ON SYNTHETIC LEASES

8. ENRON’S OFFSHORE ACCOUNTING PITS BANKS AGAINST INSURERS

9. BANKERS REMOVE LAGGING ASSETS FROM BALANCE SHEETS

10. DELOITTE TOUCHE GIVES ANDERSEN “CLEAN BILL OF HEALTH”

11. COMMODITY-RELATED TRADES QUESTIONED

12. ENRON SOLD WEATHER DERIVATIVES

13. ACCOUNTING GAMES

14. ANDERSEN INACCURACIES

15. “REAL” ASSETS AS % OF STOCK MARKET PRICE

16. BUFFETT URGES CONGRESSIONAL ACTION ON OPTIONS

17. ACCOUNTING FOR SPECIAL-PURPOSE ENTITIES

18. PRO-FORMA EARNINGS

19. STOCK OPTIONS　AS % OF CORPORATE COMPENSATION

20. FOUR “DIRTY” ACCOUNTING TRICKS

21. ENRON’S TROUBLED HISTORY

22. ENRON: NO TAXES…

23. MOST OF S&P IS NOW “INTANGIBLE”

24. OPTIONS REFORM’S OPPONENTS

25. PRO-FORMA MAGIC

26. COMPANIES USE OPTIONS TO AVOID TAXES 　OPTIONS

27. TAX SERVICES PAY-OFF BIG

28. TAX SHELTERS PROLIFERATE

SPECIAL SERIES: “THE SELLING OF WALL STREET FRAUD”

#131 Part 3: Cozy Relationships from Wall Street to Washington

1. ENRON & LAY: MAJOR CONTRIBUTORS TO CANDIDATE GEORGE W. BUSH

2. ENRON’S CONTRIBUTIONS TO CONGRESS

3. THE TEXAS – WASHINGTON REVOLVING DOOR: ENRON PERSONNEL AND FEDERAL AGENCIES

4. ENRON’S TOP “HOUSE” RECIPIENTS

5. ENRON’S CONTRIBUTIONS TO “SENATE” CANDIDATES

6. 4. ENRON’S TOP “HOUSE” RECIPIENTS

5. ENRON’S CONTRIBUTIONS TO “SENATE” CANDIDATES

6. OTHER ENERGY COMPANIES ARE BIG CONTRIBUTORS ALSO

7. THE WASHINGTON – WALL STREET CONNECTION

8. ENRON MOBILIZED LOBBYISTS AND “FRIENDS” IN WASHINGTON

9. ADMINISTRATION’S OTHER TEXAS TIES

10. ENRON TAPED THE FEDERAL SPICKETS AND U.S. TAXPAYERS

11. ENRON: NO TAXES….

12. OFF-SHORE CORPORATE TAX EVASION

13. OFF-SHORE MONEY & LENDING EXPLODES

14. ENRON’S OFF-SHORE PARTNERSHIPS

15. BANKS IN DEEP TO ENRON

16. BANKERS INVEST IN PARTNERSHIPS

17. TOP MONEY MANAGERS INVITED TO INVEST IN ENRON PARTNERSHIP

18. MEDIA “FRIENDS” OF ENRON

SPECIAL SERIES: “THE SELLING OF WALL STREET FRAUD”

#132 Part 4: The Role and Failure of the Regulators

1. INVESTOR LOSSES ARE SIGNIFICANT

2. FRAUDULENT REPORTING IN CORPRATE AMERICA IS WIDESPREAD

3. SELF- REGULATION DROPS THE BALL

4. ENERGY PRODUCERS ARE MAJOR OTC PLAYERS

5. TAX SHELTER DISCLOSURE FALLS SHORT, IRS SAYS

6. INVESTORS GET LITTLE RECOURSE IN MARKET COURT

7. COURTS PROTECT INSIDER TRADING

8. INVESTORS LOSE MONEY AND LEGAL ACTIONS

9. RECENT COURT RULINGS DISMISS CLAIMS AGAINST ANALYSTS BIAS

10. NO LEGAL RESTRAINTS ON ANALYSTS

11. INVESTMENT BANKS FACE LAWSUITS

12. THE FINANCIAL SERVICES AUTHORITY(FSA) IS PROBING THE ROLE OF THREE BRITISH BANKERS

13. LAW MAKERS IMPEDE S.E.C.

14. ACCOUNTING FIRMS ARE BIG CONTRIBUTORS TO BUSH

15. ACCOUNTING OFFICIALS PICKED FOR S.E.C.

16. S.E.C. CHIEF DEFNDS ACCOUNTING INDUSTRY

17. S.E.C. PROBES THREE ANALYSTS ISSUES

18. NEW N.A.S.D. AND N.Y.S.E. RESTRICTIONS

19. RECOMMENDED ACCOUNTING REFORMS

20. RECOMMENDATIONS AND (LIKELIHOOD) FOR POST-ENRON REFORMS

21. PROPOSED RULES AIM TO BOOST TRUST IN ANALYSTS

22. PROPOSED RULES TO BOOST TRUST IN COMPANIES

23. INQUIRY QUESTIONS S.E.C. RESOURCES

24. S.E.C. INCREASES SCRUTINY OF FIRM’S ANNUAL REPORTS

25. ENRON: NOT JUST A TRADER BUT AN EXCHANGE

26. ENRON’S TOP FIVE INDIVIDUAL CONTRIBUTORS GAVE MOSTLY TO THE GOP FROM 1989 TO 2001

27. ENRON’S EXECUTIVES PLEDGE REPUBLICAN DONATION

28. ENRON’S PARTNERSHIP CONTRIBUTION

29. INVESTMENT BANKERS AMONG “STRANGE BEDFELLOWS”

PAC’S USE HAS EXPLODED ON CAPITOL

SPECIAL SERIES: “THE SELLING OF WALL STREET FRAUD”

#Part Five: The Fraud of 401 K Plans and Pension Funds

# 133 Part 5: Pensions and 401 K Plans

1. MAJORITY OF AMERICANS ARE INVESTORS.

2. 401(K) PLANS BOOM.

3. RETIREES RELY ON 401(K) PLANS.

4. IRAs BOOM.

5. ROLLOVER IRA ASSETS.

6. INVESTORS EXPECTATIONS ARE GREAT.

7. EXPECTED SOURCES OF RETIREMENT INCOME AS MAJOR SOURCE.

8. INVESTMENT REALITY.

9. SHRINKING DIVIDENDS (DIVIDEND YIELD ON THE S&P 500, BASED ON YEAR-END PRICES).

10. CONVENTIONAL INVESTMENT WISDOM IS WRONG

11. MORE RELY ON 401(K)

12. COMPANY STOCK IN 401(K) PLANS

13. DEFINED PLANS

14. MUTUAL FUND OWNERS IN DARK

15. MUTUAL FUNDS INVESTMENT IN ENRON

16. S.E.C. MAY REVISE RULES

17. S.E.C. INVESTIGATING PERSONAL TRADING BY MANAGERS

18. CORPORATE PENSION PLAN PERFORMANCE DISAPPOINTING.

19. COMPANIES THAT HIKED THEIR EXPECTED RATES OF FRETURN ON PENSION PLAN ASSETS.

20. PENSION ACCOUNTING IS STRANGE

21. PENSIONS HELP COMPANIES BOOST EARNINGS

22. IF COMPANIES CUT OVERLY OPTIMISTIC PENSION-PLAN PROJECTIONS, PROFITS WILL HEAD SOUTH

23. LESS IN STORE FOR YOUNGER

24. U.S. STEEL TRYS TO CHANGE THE RULES

25. PBGC DOESN’T HONOR COLLECTIVE BARGAINING　AGREEMENTS

740 THREATS TO I.T. SECURITY

1. ECONOMIC IMPACT

2. PRIORITY THREATS

3. THREATS TO CHEMICAL PLANTS

4. COMPANY ALERTS

5. CYBERCRIME STATS RISE

6. D & T SPENDING STUDY

7. POTENTIAL FEDERAL FUNDS

8. ACTUAL FEDERAL SPENDING

9. PRIVATE INITUATIVES

10. OBSTACES

11. INTERNET ATTACKS

12. U.S. GOVT. SECURITY LAPSES

741

WHERE IS THE WEALTH OF THE WORLD?
How Much Money is in the world?
Where is it?Who has it?Where is it going?

1. WORLD INEQUITY GROWS

2. COMPARISON OF THE VALUE OF INDIVIDUALS, ENTERPRISES, AND COUNTRIES

3. LOW-INCOME NATION DEBT ($270 Billion)

4. BREAKDOWN OF DEBT BY CREDITOR, NOMINAL DEBT STOCK,
Heavily indebted poor countries ($170 Billion)

5. GETTING IN OVER THEIR HEAD DEBT INDICATORS IN 2000

6. LARGEST EXTERNAL DEBTORS 2000

7. LARGEST DEBTORS AND CREDITORS, 2000

8. BIG NATIONS FACE HUGE DEBT HANGOVERS

9. HOW MUCH MONEY IS IN THE WORLD?

10. CENTRAL BANK RESERVES (Includes Gold, Foreign Exchange, IMF Funds)

11. RELATIVE SIZE OF FOREIGN AID SUBSIDIES

12. RATIO OF MILITARY SPENDING TO DEVELOPMENT AID

13. POPULATION OUTPACES WEALTH

14. NUMBER OF WORLD’S POOR IS A MATTER OF DEBATE

15. CEO PAY VERSUS / WORKING STIFF

16. CEO PAY ZOOMS AHEAD

17. GROWTH IN PAY FROM 1960 TO 2000

18. TODAY’S WEALTH EXCEEDS THAT OF THE GREAT ROBBER BARONS

19. U.S. WEALTH CONTINUES TO CONCENTRATE AT THE TOP

20. WHO AND WHERE ARE THE WEALTHY?

21. WORLD’S RICHEST NATIONS

22. CORPORATE AMERICA’S TAX BILL CONTINUES TO SHRINK

23. INCOME GAP BETWEEN RICH AND POOR GREW DURING BOOM

24. U.S. WEALTH (1967 VS 2002)

25. U.S. BUDGET DEFICIT BALOONS AGAIN

26. AMERICA’S INDEBTEDNESS (BALANCE SHEET, U.S.A. INC.)

27. KEY NET WORTH RATIOS (PERCENT)

28. U.S. STOCK OWNERSHIP IS DISTRIBUTED UNEQUALLY

29. U.S. FIRMS REINCORPORATED OFF SHORE SINCE 2000

30. WEALTHIEST COMPANIES (MARKET VALUE 2001)

31. WEALTHIEST COMPANIES CONT. (MARKET VALUE 2001)

32. FAMILY FORTUNES PUBLIC & PRIVATE

33. GDP PER CAPITA (2000)

34. TOTAL WORLD FDI (FOREIGN DIRECT INVESTMENT)
(In Billions Dollars) (1990,1997,1999)

35. WORLD MARKET CAP EXCEEDS GDP

36. WORLD DEBT TO GDP RATIO (1959-1995)

37. WEALTHIEST COUNTRIES (GDP)

38. WEALTHIEST COUNTRIES (GDP, CONT.)

39. WORLD WEALTH DISTILLS TO A FEW

40. WORLD’S RICH AND POOR GAP

850 “INTERNATIONAL INVESTOR’S”
2003 FORECAST FOR THE WORLD MARKETS

1. “INTERNATIONAL INVESTOR” WARNED INVESTORS AWAY FROM JAPAN….. (1998-2003)

2. DOW JONES INDUSTRIAL FIVE-YEARS

3. S&P 500 INDEX FIVE-YEARS (1998-2003)

4. NASDAQ FIVE-YEAR PERFORMANCE (1998-2003)

5. CAPITAL MARKETS CRUMBLE

6. WALL STREET WEEK “PRO’s” MISS FORECAST BY A MILE

7. IS THIS A HOUSING BUBBLE?

8. CHINA “B” SHARES FALL –34% IN 2002 (2001D-2003J)

9. MORE RECENTLY FROM CHINA “A” SHARES 2002 (2001D-2003J)

10. TOKYO CONTINUES TO FALL (Five-Year Performance) (1998-2003)

11. ARGENTINE MERVAL INDEX
FIVE YEAR PERFORMANCE (1998-2003)

12. BRAZILTOKYO CONTINUES TO FALL (Five-Year Performance) (1998-2003)

11. ARGENTINE MERVAL INDEX
FIVE YEAR PERFORMANCE (1998-2003)

12. BRAZIL BOVESPA FIVE YEAR PERFORMANCES (1998-2003)

13. GERMANY’S DAX 2002 -40% (2001D-2003J)

14. CZECH & HUNGARY 2002
UP +15 AND 10% RESPECTIVELY (2001D-2002D)

15. RUSSIA 2002 UP +38% (2001D-2002D)

16. HONG KONG STOCK MARKET INDEX -18% (2002J-2003J)

17. AUSTRALIAN STOCK EXCHANGE – FIVE YEAR PERFORMANCE (1998-2003)

18. PANAMA 2002 +14% (2001D-2003J)

19. S. KOREA 2002 (2001D-2002D)

20. FRANCE & U.K. FIVE YEAR
FRANCE’S CAC +5%, LONDON’S FTSI -23% (1998-2003)

21. JAMAICA VERSUS S&P 500 2002
JAMAICA +34%, S&P –21% (2002J-2003F)

22. S&P 500 INDEX FIVE-YEARS
IN 2002 -23% (1998-2003)

23. CHINA “B” SHARES 2001-2002 DOWN –32% (2001D-2003J)

24. ARGENTINE MERVAL INDEX FIVE-YEAR PERFORMANCE -27% (1998-2003)

25. VENEZUELA STOCK EXCHANGE FIVE-YEAR PERFORMANCE
–17% (1998-2003)

26. NASDAQ FIVE-YEAR PERFORMANCE -9% (1998-2003)

27. BRAZIL BOVESPA FIVE-YEAR PERFORMANCE +4% (1998-2003)

28. PANAMA STOCK EXCHANGE FIVE-YEAR PERFORMANCE
+3% (1998-2003)

29. MEXICAN BOLSA EXCHANGE FIVE-YEAR PERFORMANCE (1998-2003)

30. JAMAICAN STOCK EXCHANGE FIVE-YEAR PERFORMANCE +54% (2001A-2002D)

31. PERU FIVE YEARS -21% (1998-2003)

32. CHILE 2002 -24% (2001A-2003J)

33. COSTA RICA STOCK EXCHANGE FIVE-YEAR PERFORMANCE
+360% (1998-2003)

34. WORLD’S LARGEST OIL PRODUCERS

35. TOP SUPPLIERS OF OIL TO THE U.S.

36. WORLD’S LEADING OIL EXPORTERS

37. U.S. DEBT BURDEN RETURNS

38. U.S. BUDGET DEFICIT BALOONS AGAIN

39. LARGEST EXTERNAL DEBTORS 2000
U.S. LEADS WORLD AS LARGEST DEBTOR NATION

40. WORLD’S TOP TEN DEBTORS IN BILLIONS OF DOLLARS

41. MONETARY AND FISCAL STIMULUS STILL FAIL TO RE-START ECONOMY

42. CROSS BORDER FINANCING

43. “INTERNATIONAL INVESTOR” FORECAST FOR 2003

851 THE CARIBBEAN & CENTRAL AMERICA

FOCUS STILL ON BIG NATIONS

COSTA RICAN ECONOMY

EUROPEANS LEAD U.S.

WORLD’S LARGEST PRODUCERS OF OIL *Excludes Iraq

TOP SUPPLIERS OF OIL TO THE U.S.

WORLD’S LEADING OIL EXPORTERS

PUERTO RICO TAX INCENTIVES

U.S. MAJORITY-OWNED FOREIGN AFFILIATES IN MANUFACTURING INCOME TAXES PAID AS A % OF NET INCOME – 1998

852 ENIGMA OF RUSSIA: TIME FOR A TURN AROUND?

1. RUSSIA – WORLD’S LARGEST SECOND OIL PRODUCER
(Millions of Barrels of Oil Per Day – 2002 1st Half)

2. RUSSIAN GDP GROWTH (%) (2001-2003F)

3. RUSSIAN INFLATION SLOWING (2001-2003F)

4. RUSSIAN RUBLE (2001-2003F)

5. AVERAGE GROSS DAILY PRODUCTION EQUITY AT FIELD (JAN ’98 - JAN’ 02)

6. TETON’S RUSSIAN FORMULA

7. RUSSIAN TRADE VOLUME GROWTH (2001-2003F)

8. LARGE SCALE OPPORTUNITIES

9. WHY INVEST IN RUSSIAN OIL?

10. ECONOMIC DRILLING & OPERATING COSTS

11. GOOD ACCESS TO EXPORT MARKETS

853 GLOBALIZATION, AND WHAT THE WORLD
THINKS ABOUT THE U.S.

1 KEARNEY/FOREIGN POLICY MAGAZINE GLOBALIZATION INDEX

2 MEASURING GLOBALIZATION BY 4 KEY FACTORS

3 THE INDEX COVERS 62 COUNTRIES

4 GLOBALIATION PUSHES AHEAD DESPITE WORLD ECONOMIC SLOWDOWN

5 GLOBALIZATION: WINNERS & LOSERS

6 FOREIGN POLICY MAGAZINE GLOBALIZATION INDEX

7 U.S. FAVORABILITY RATINGS FALLING

8 CONFLICT AREAS HAVE MDST “UNFAVORABLE” OPINION OF U.S.

9 ALLIES AGAINST WAR ON IRAQ

10 NATIONS WHICH MOST LIKE “AMERICAN IDEAS ABOUT BUSINESS PRACTICES”

11 NATIONS WHICH MOST DISLIKE “AMERICAN IDEAS ABOUT BUSINESS”

12 NATIONS WHICH MOST LIKE “AMERICAN POPULAR CULTURE”

13 MEDIA SEEN AS “POSITIVE FORCE”

854 MONEY LAUNDERING AND THE PATRIOT ACT III

1. CONGRESSIONAL STUDY REVEALS U.S. WEAKNESSES

2. EUROPE ALSO WEAK

3. MONEY LAUNDERING IS BIG

4. FINANCIAL CRIMES ENFORCEMENT NETWORK

5. PATRIOT ACT GETS TOUGH

6. CARIBBEAN & CENTRAL AMERICA STILL TARGETED

7. OFFSHORE BANKING

8. LAWS WITHOUT TEETH?

9. SLAPS ON THE WRIST?

10. DOES THE U.S. PLAY BY THE SAME RULES?

11. BROKERAGE HOUSES PLAYING “CATCH-UP”

855 MONEY LAUNDERING AND THE PATRIOT ACT IV

1. PATRIOT ACT BROADENS

2. GOVERNMENT ACCESS TO FINANCIAL RECORDS

3. BUSINESS REQUIRED TO COMPLY WITH REQUESTS

4. PATRIOT ACT

5. SURVEILLANCE GROWS RAPIDLY (1979-2001)

6. INTERNATIONAL ISSUES

7. MONEY LAUNDERING IS BIG

8. DOES THE U.S. PLAY BY THE SAME RULES?

9. LAWS WITHOUT TEETH?

10. SUSPICIOUS ACTIVITY ABOUNDS?

11. RED FLAGS

12. MISSION OF EXPORT ENFORCEMENT

13. PREVENTIVE ENFORCEMENT ACTIVITIES

14. “WORK VISA” PROGRAM UNDER SCRUTINY

15. RED FLAGS

16. RED FLAGS (No1.~No.9)

17. RED FLAGS

18. WHAT TO DO IF THE GOVERNMENT COMES KNOCKING AT YOUR DOOR?

19. YOUR PRIVACY POLICY

20. PRIVACY POLICY PROMISES

21. PROTECTED INFORMATION

22. PROTECTED INFORMATION

23. ACCESS TO INTERNET, CABLE TV, CELL PHONE RECORDS

24. REPORT SUSPICIOUS TRANSACTIONS

25. PATRIOT ACT II

856 INTERNATIONAL COPORATE GOVERNANCE #4 MISSING

857 “The IMPACT of INTERNATIONAL INSTITUTIONS on WASHINGTON’S ECONOMY”

Event INTERNATIONAL TRADE ASSOCIATION of NORTHERN VIRGINIA Presents: “IMPACT of INTERNATIONAL INSTITUTIONS on WASHINGTON’S METRO AREA”

”International Institutions & The Regional Economy”

INTERNATIONAL TRADE ASSOCIATION of NORTHERN VIRGINIA AT THE INTERNATIONAL MONETARY FUND

Lambda Alpha International: George Washington Chapter

SHARE OF WASHINGTON’S REGIONAL ECONOMY

MEDIAN HOUSEHOLD INCOMES RANK AT TOP OF THE NATION

Top Job Markets Job Change 1999-2000

GRP Trends By Sub-region (1996 $)

GROSS REGIONAL PRODUCT

Total Employment Washington Region

GDP/GRP Trends

Top Job Markets – Ranked by % Job Change Jan 2002-Jan 2003

EMBASSIES AND BANKS

TOP LOCAL GLOBAL COMPANIES IN REGION NO GOOD

10 LARGEST FOREIGN OWNED FIRMS BY EMPLOYMEES IN REGION NO GOOD

Washington (Netplex), the Second Largest Center for Data Communication and Internet-related Companies in the U.S.

Unemployment Rate January 2002 & 2003

Washington Area Core Industries Outlook

FOREIGN OWNED FIRMS GROW IN NUMBER

TOURISM (1999 Figures)

JAPAN TAKES LEAD AS NATION

HIGHER EDUCATION

WASHINGTON AREA SUPPORT SERVICES

Washington Region Tied for Second Highest Concentration of Biotechnology Companies in the U.S.

ASSOCIATION HEADQUARTERS

IMPACT OF INTERNATIONAL ECONOMY ON GREATER WASHINGTON REGION

858 “MEASURING THE GLOBAL ECONOMY

1. RISK IN THE WORLD

2. US: MIXED SIGNALS

3. JAPAN, CONTINENTAL, EUROPE, GERMANY, EUROLAND

4. HIGH-GROWTH AREAS

5. INDIA

6. CHINA

7. RUSSIA IS DOING BETTER, AND NOT ONLY BECAUSE OF HIGH EXPORT PRICES

8. VALUE ADDED GROWTH RATE (2002 GDP)

9. BRAZIL MAJOR POLICY ISSUES

10. MEXICO MAJOR POLICY ISSUES

11. ARGENTINA MAJOR POLICY ISSUES

12. TURKEY MAJOR POLICY ISSUES

13. Distribution of Assets by Major Classes 1999

14. DOMESTIC TO CROSS-BORDER

15. WORLD’S TOP TEN DEBTORS

16. LARGEST EXTERNAL DEBTORS 2000

14. DOMESTIC TO CROSS-BORDER

15. WORLD’S TOP TEN DEBTORS

16. LARGEST EXTERNAL DEBTORS 2000

17. U.S. BUDGET DEFICIT BALOONS AGAIN

18. U.S. ‘FACES FUTURE OF CHRONIC DEFICITS’

859 BRETTON WOODS GOALS AND FOREIGN AID

1. Top Ten Recipients of Gross ODA/OA (USD million)

2. Brazil

3. LATIN AMERICAN Growth is Very Weak

4. Argentina: “Getting Their Act Together”

5. ODA (AID) SPREAD AROUND THE WORLD BY REGION (USDm)

6. FOREIGN AID U.S. LAST AS % OF GDP, LEADER IN TOTAL $ (1999-2002)

7. CURRENT WORLD EXPENDITURES

8. DEVELOPED NATIONS’ 20-YEAR OLD, AND BROKEN PROMISE OF AID TO THE DEVELOPING WORLD:

9. RATIO OF MILITARY SPENDING TO DEVELOPMENT AID

10. FAVORED NATIONS FOR U.S. AID

11. “REAL” U.S. CONTRIBUTION TO AID

12. U.S. BUSINESSES BENEFIT FROM AID

13. SOME MAJOR AND IMMEDIATE U.S. OBSTACLES TO INCREASED AID

14. EMERGENCY PLAN FOR “AIDS” RELIEF

15. “MILLENNIUM CHALLENGE ACCOUNT”

16. BREAKDOWN OF DEBT BY CREDITOR, NOMINAL DEBT STOCK
Heavily indebted poor countries ($170 Billion)

17. LOW-INCOME NATION DEBT ($270 BILLION)

18. NET PRIVATE CAPITAL FLOWS TO EMERGING MARKETS ($BILLION) (1999-2002)

19. NET CAPITAL FLOWS TO DEVELOPING COUNTRIES ($BILLION) (1997-2002E)

20. INTERNATIONAL FINANCE CORPORATION (PART OF WORLD BANK GROUP) MISSION, BUDGET AND CRITICISM

21. DESPITE AFRICA’S ADHERENCE TO I.M.F., AND WESTERN ECONOMIC PHILOSOPHY, IT KEEPS FALLING BEHIND

860 EASTERN EUROPE

RANKING BY COMPETITIVENESS WORLDWIDE, 2002

FOREIGN DIRECT INVESTMENT IN HUNGARY ‘91-‘02

ANNUAL GDP GROWTH IN LITHUANIA (AT CONSTANT PRICES 1995)
(1991-2004E)

ANNUAL GDP GROWTH IN POLAND, 1991-2002, %

LABOUR PRODUCTIVITY IN INDUSTRY - 2001

FDI IN HUNGARY BY SECTORS

POLAND’S MAIN EXPORT PARTNERS IN 2002

CONTRACT ENFORCEMENT IN HUNGARY
(covers formality of procedures and time to resolve a dispute)

HUNGARIAN MACROECONOMY IN FIGURES (1998-2002)

TYPICAL SERVICES

THE BUYER – SELLER RELATIONSHIP SALES CONTRACT

METHODS OF PAYMENT

RISK CONTINUUM

FACTORS AFFECTING PAYMENT TERMS

WHAT TO LOOK FOR IN AN INTERNATIONAL BANK

INTERNATIONAL TRANSACTIONS AND THE METHODS OF PAYMENT

POINTS TO REMEMBER

SPECIAL RISKS TO CONSIDER IN INTERNATIONAL TRADE

RANKING BY QUALITY OF LIFE, 2002

LAWS PROTECTING WORKERS (Higher Values Mean More Regulation)

LABOR REGULATIONS – CZECH REPUBLIC

861 IS THE U.S. FACING BANKRUPTCY?

SKYROCKETING DEFILICITS UNDER GOP BUDGET CONFERENCE REPORT (without Social Security) (1998-2013)

GOLDMAN SACHS PROJECTS 2004-2013 DEFICIT OF $4.2 TRILLION
LONG-TERM BUDGET OUTLOOK FAR WORSE THAN OFFICIALLY PROJECTED ‘02-‘13

UNIFIED SURPLUS DISAPPEARS UNDER GOP BUDGET POLICIES NEARLY $7.6 TRILLION REVERSAL IN 2 YEARS (FY 2002-2011)

GROSS FEDERAL DEBT CLIMBING FAST (1962-2013)

GENERATIONAL IMBALANCES

REVENUES AS A PERCENT OF GDP HEADED TOWARD LOWEST LEVEL SINCE 1959

AFTER SHORT TERM FISCAL (Tax Cuts) AND MONETARY STIMULUS (Lowest Interest Rates in 50 years), ECONOMY LOSES MOMENTUM (1996-2016)

REASONS FOR $7.6 TRILLION REVERSAL IN SURPLUS PROJECTIONS FY2002-2011

PARTYING LIKE ITS 1929 CONSUMER, CORPORATE, & GOVERNMENT DEBT NOW SURPASSING 1929 RECORDS

FACTORS NOT INCLUDED IN U.S. “OFFICIAL” DEFICIT ESTIMATES

U.S. FEDERAL DEBT & OBLIGATIONS: SKYROCKETING TO COSMIC PROPORTIONS (1900-2050)

BUSH ADMINISTRATION SHELVES STUDY

U.S. ‘FACES FUTURE OF CHRONIC DEFICITES’

LOOKING FURTHER OUT:
RED INK SPREADS OVER THE ECONOMY (2000-2050)

THROWING MONEY OUT THE WINDOW:
SERVICING (INTEREST PAID) THE FEDERAL DEBT

UP IN SMOKE AND OUT THE WINDOW:
CURRENT FEDERAL DEBT SERVICES

WORLD’S TOP TEN DEBTORS

FED CHAIRMAN ALAN GREENSPAN BELIEVES DEFICITS MATTER

UNCERTAINTY IN SURPLUS PROJECTIONS (1997-2006)

TAX CUTS EXPLODE AS TRUST FUND CASH SURPLUSES BECOME DEFICITS FY2003-2023

CONGRESS HAS THEIR OWN, “SPECIAL” SOCIAL SECURITY

862 NEW EUROPEAN AND INDEPENDENT STATES

1. FDI in Hungary by Country of Origin

2. Ranking by competitiveness Worldwide, 2002

3. Labour Productivity in Industry – 2001

4. EU ACCESSION COUNTRIES

5. EU ACCESSION MAY1, 2004
Enlargement will benefit U.S. exporters

6. REGIONAL U.S. CORPORATE AND SERVICE CENTERS IN HUNGARY

7. MAP EU enlargement – May 1, 2004

8. MAP PORT OF KOPER 17% Increase In Cargo Handling in 2003

9. LITHUANIA’S ECONOMIC BOOM (1998-2002)

10. LITHUANIA – Ballistic Baltic!

11. KLAIPEDA SEAPORT

12. Inflation in LITHUANIA (1994-2003)

13. IT SECTOR IS BOOMING Growth LITHUANIA ITT Market

14. LITHUANIA Export by Country Groups (1996-2002)

15. Internal reforms: Economy (1998-2002)

16. Strategic Manufacturing Location

17. IT Certified Professionals (Top 10 Countries in % of population)

18. Inflow of Foreign Investment (by sector, % and USDm, 1998-2002)

19. WORLD’S OIL PRODUCERS: Millions of Barrels Per Day

20. RUSSIA’S PROBLEMATIC OIL GIANTS RANK WITH WORLD’S LARGEST

21. RUSSIAN ROUBLE vs. $U.S. (1997-2003)

22. RUSSIA’S ROBUST GDP GROWTH 2001-2003E

23. RUSSIA’S COOPERATION AND CONTENTION WITH THE U.S.

863 ETHICS IN BUSINESS

“ETHICS IN COPORATE AMERICA”

1. MAYBE WE COULD LEARN FROM THE RUSSIANS?
-YUKOS’ Mikhail Khodorkovsky-VS. ENRON’S Ken Lay

2. CEO PAY VERSUS / WORKING STIFF

3. FRAUDULEND REPORTING IN COPORATE AMERICA COULDD BE WIDESPREAD

4. REFORMS: WHAT’S REAL AND WHAT’S NOT (PROSPECTS FOR CONGRESSIONAL ACTION)

5. PROPOSED RULES TO BOOST TRUST IN COMPANIES

6. PROSPECTS FOR “REAL” REFORM

7. DESPITE LOSSES, ANALYSTS KEEP URGING INVESTORS TO “BUY”

8. ANALYSTS SOLD STOCK THEY PUSH

9. PROPOSED RULES AIM TO BOOST TRUST IN ANALYSTS

10. SEE NO EVIL, HEAR NO EVIL, SPEAK NO EVIL: MOST CORPORATE DIRECTORS CLUELESS ABOUT MANAGEMENT CONDUCT OR RISK

11. GREENSPAN SUGGESTS TOUGHER CORPORATE GOVERNANCE

12. BOARD DIRECTOR RESPONSIBILITIES

13. FINANCIAL RESTATEMENTS BALLOON

14. MAJOR U.S. CAPITAL LOSSES

15. ETHICS IN THE WORKPLACE SPONSORED BY THE CENTURY CLUB OF GEORGE MASON UNIVERSITY

16. “SEE NO EVIL” DISCLOSURE RULES

17. Consumer “Grades” for Service Industry Quality

18. LAWYERS, LAWYERS, LAWYERS

19. ATTORNEY CONFLICT & DUE DILIGENCE

20. INVESTORS LOSE MONEY AND LEGAL ACTIONS

21. MUTUAL FUND SCANDAL GROWS AND GROWS AS WIDESPREAD FRAUD & ILLEGALITIES SURFACE

22. MUTUAL FUNDS FALL SHORT IN ENFORCEMENT OF GUIDELINES

23. TAX SHELTERS PROLIFERATE

24. OFF-SHORE CORPORATE TAX EVASION

964 IMPORTS, OUTSOURCING AND U.S. JOBS

U.S. I.T. COMPANIES RAPIDLY MOVING JOBS TO INDIA

H-1B VISA PROGRAM

U.S. IMPORTS FUEL RECORD TRADE DEFICITS

MANUFACTURING JOBS DISAPPEAR

RECENT U.S. LABOR DATA LOOKS GOOD, UNTIL YOU LOOK CLOSELY

INTEL’S GROVE DECRIES OUTSOURCING AND FED. POLICY

U.S. ECONOMIC GROWTH, NOW DEPENDENT ON MILITARY/INDUSTRIAL BUILDUP

BOUND TARIFFS IMPOSED (ON U.S. INDUSTRIAL PRODUCTS)

CHINA’s RELENTLESS DRIVE FOR JOBS

CHINA’s WAGES ARE TINY, BUT ITS PRODUCTION GOALS ARE GIGANTIC

NON HIGH-TECH WORKERS ARE SUFFERING

ACQUISITION OF TECHNOLOGIES AND HIGH-TECH KNOWHOW, ANYWAY, ANYHOW

OUTSOURCING EXPLODES!

CHINA QUICKLY LEARNS HOW TO BUILD ITS OWN, RATHER THAN IMPORT

CHINA ARTIFICIALLY SURPRESSES ITS CURRENCY

GREENSPAN SAYS CHINA’s IMPACT ON U.S. JOBS UNKNOWN

965 CENTRAL AMERICA & THE CARIBBEAN

Central America: AN EVEN TRADING PARTNER WITH U.S.

U.S. RUNS A TRADE SURPLUS WITH NEIGHBOR EL SALVADOR

GROSS DOMESTIC PRODUCTS (in Billions $U.S.)

GDP GROWTH FORECAST FOR 2004 (in percentage % rate)

- THE CARIBBEAN/CENTRAL AMERICA CONFERRENCE -

Net Capital Flows to Developing Countries ($billion) (1997-2002E)

Net Private Capital Flows to Emerging Markets ($billion) (1999-2002)

CAFTA’s CONTROVERSY

CAFTA OFF TRAK IN 2004?

A MIAMI STOCK EXCHANGE?

966 GLOBAL E-EDUCATION AND E-LEARNING

1. BUSINESS DEMAND FOR E-LEARNING

2. CORPORATE E-LEARNING

3. COMBINATION E-LEARNING

4. GROWTH OF E-LEARNING

967 THE VALUE OF INTERNATIONAL ASSOCIATIONS

From the WORLD TRADE CENTER CONGRESS ANNUAL MEETING

SPEAKING: Robert Sherretta, President, INTERNATIONAL INVESTOR, Held At the Ronald Regan International Trade Center Washington D.C.

1. AMERICAN HERITAGE DEFINITION

2. THE INTERNATIONAL ORGANIZATIONAL CHALLENGE

3. MEDIA SEEN AS “POSITIVE FORCE”

4. WASHINGTON TIMES, FINANCIAL TIMES (picture)

5. SHARE OF WASHINGTON’S REGIONAL ECONOMY 1970-2005

6. MEDIAN HOUSEHOLD INCOMES RANK AT TOP OF NATION

7. ASSOCIATION POWER TO THE SIXTH DEGREE

8. FOREIGN POLICY MAGAZINE GLOBALIZATION INDEX

9. ASSOCIATION “CONTACT” VALUE

10. WHICH ASSOCIATIONS ARE IMPORTANT?

11. WHAT DO YOU OFFER?

12. WHERE IS THE MONEY POWER?

13. U.S. ECONOMIC GROWTH, NOW DEPENDENT ON MILITARY/INDUSTRIAL BUILDUP

14. OPERATING AT AN INTERNATIONAL DISTANCE -

968 “U.S. ECONOMY IN 2004 and BUDGET DEFICITS”

1. BANKERS’ ASSOCIATION FOR FINANCE AND TRADE -An Affiliate of the AMERICAN BANKERS ASSOCIATION-

2. Light Vehicle Sales and Light Sales

3. U.S. Disposable Personal Income

4. Housing Starts

5. Household Debt Service Ratio

6. Real Capital Spending

7. Employment Growth

8. Total Non-farm Payrolls

9. Dollars Per Euro

10. Eastern Investment Advisors 2004 Forecast of GDP Growth

11. U.S. BUDGET DEFICIT

12. S&P 500 Earnings Per Share

13. Tax Cuts Explode as Trust Fund Cash Surpluses Become Deficits

14. FACTORS NOT INCLUDED IN U.S. “OFFICIAL” DEFICIT ESTIMATES

15. Gross Federal Debt CLIMBING FAST

16. Unified Surplus Disappears Under GOP Budget Policies

17. Goldman Sachs Projects 2004-2013 Deficit of $4.2 Trillion

18. Budget Deficit To Drive Interest Rates Sharply Higher

19. Real Gross Domestic Product

20. U.S. FEDERAL DEBT & OBLIGATIONS: SKYROCKETING TO COSMIC PROPORTIONS

21. AFTER SHORT TERM FISCAL (Tax Cuts) AND MONETARY STIMULUS (Lowest Interest Rates in 50 Years), ECONOMY LOSES MOMEMTUM

22. Federal Funds Rate and Real Gross Domestic Product

23. Consumer Price Index

969 TAIWAN AND EGYPT

INTERNATIONAL INVESTORS’S 10^th ANNIVERSARY

“TAIWAN’S ECONOMIC COMPETIVENESS EGYPT’S CAPITAL MARKET”

1. Taiwan’s Economic Performance

2. Taiwan’s Trade Performance

3. Research Personnel per 1,000 Employees

4. Asian map

5. Taiwan’s Investment in Mainland China and Southeast Asia

6. Investment Climate

7. CAIRO STOCK EXCHANGE INDEX FIVE YEAR PERFORMANCE

8. CAIRO STOCK EXCHANGE INDEX ONE YEAR PERFORMANCE

970 RUSSIA UNDER PUTIN

“RUSSIA: Following President Putin’s Re-election and Oil’s Resurgence”

1 RUSSIA’S ROBUST GDP GROWTH

2 RUSSIAN UNEMPLOYMENT DECLINING

3 WORLD’S LEADING OIL EXPORTERS

4 RUSSIAN GDP GROWTH

5 RUSSIA: WORLD’S 2ND LARGEST OIL PRODUCER

6 TURMOIL GROWS IN CENTRAL ASIA

7 RUSSIAN STOCK INDEX VS. U.S. 2 YR PERFORMANCE

8 RUSSIAN STOCK EXCHANGE INDEX ONE YEAR PERFORMANCE

9 RUSSIAN SCORES POORLY ON CORRUPTION SCALE

10 RUSSIAN SCORES TOO HIGH ON COUNTRY RISK SCALE

11 RUSSIAN STOC INDEX VS. OVER 5 YEARS

972 THE “REAL” U.S. ECONOMY AND WALL STREET SCAMS ARE BACK

1. RECENT U.S. LABOR DATA LOOKS GOOD, UNTIL YOU LOOK CLOSELY

2. U.S. ECONOMIC INDICATORS STILL MIXED

3. JOB GROWTH IS REAL, ONLY IF YOU COUNT UNCLE SAM AND PART TIME

4. U.S. PAYROLLS STILL SHRINKING

5. U.S. ECONOMIC GROWTH NOW DEPENDENT ON MILITARY/INDUSTRIAL BUILD UP

6. GROSS FEDERAL DEBT CLIMBING FAST

7. BUDGET BUSTERS GONE WILD!

8. WALL STREET SCAMS

9. ANALYSTS “BUY” BIAS BACK AGAIN!

10. ITS STILL GOOD TO BE THE CEO

11. NYSE AND OTHER DIRECTORS STILL HANDSOMELY PAID

12. CITICORP STILL DEFENDING ANALYST AS SANDY WEILL GETS REFLECTED AS CITIGROUP BOARD CHAIRMAN

13. OVERT INSIDER DEALING AND MANIPULATION?

14. STATES STILL LEAD FEDERAL AGENCIES IN REFORM MOVEMENT

15. MUTUAL FUND REFORM NEEDED

16. WAS LABOR DEPT. JOBS DATA INSIDER INFORMATION?

973 ABDICATION OF PENSION BENEFITS IN AMERICA

JUDGE OK’S SALE OF WEIRTON STEEL, CUTS HEALTH, PENSION BENEFITS

STEEL PROMISES BROKEN

NEW PENSION “REFORM” BILL WORSE DESEASE

PENSION FUNDS PROBE POLITICAL DONATIONS

“CASH BALANCE” ACCOUNTS BENEFIT EMPLOYERS

DIRECT BENEFIT PENSION PLANS ARE SHRINKING

MOST U.S. CITIZENS HAVE NO PENSION

WORKERS SHORTCHANGED PENSION AUDIT FINDS

401K FEES ADD UP

PENALTIES FOR FIDUCIARY FRAUD ARE SLIGHT

PENSIONER’S EXPECTATIONS ARE TOO HIGH

INVESTORS NEVER DO AS WELL AS THE AVERAGES

EXPECTED SOURCES OF RETIREMENT INCOME AS MAJOR SOURCE

DON’T CONFUSE STOCK MARKET GROWTH WITH (YOUR), AVERAGE INVESTOR RETURNS

INVESTORS CONTINUE TO POUR MONEY INTO MUTUAL FUNDS

COMPANY PENSIONS HEADED FOR TROUBLE

MORE & MORE RETIREES RELY ON 401K’S

TAXPAYER PENSION BAILOUT LOOMING

EMPLOYERS BENEFIT MOST FROM 401(K) PLANS

OPTIMISTIC PENSION INVESTMENT PERFORMANCE ASSUMPTIONS HELP BOOST COMPANY EARNINGS

PENSION PLANS PROJECTED PERFORMANCE VERSUS REALITY

PENSION ACCOUNTING SLIPPAGE

FEDERAL PENSION AGENCY FINALLY SHOWS ITSELF

LIGHT SWEET CRUDE OIL MAY 2003 - MAY 2004

RUSSIA: WORLD’S 2ND LARGEST OIL PRODUCER

HIGHER OIL AND COMMODITY PRICES THREATEN U.S. WORLD RECOVERY

CHINA’S % SHARE OF GLOBAL COMMODITY CONSUMPTION IS ALREADY HUGE – AND GETTING BIGGER

BALTIC INDEXES 2000-2004

AVERAGE ACTUAL INFLATION BY DECADE

TAX CUTS EXPLODE AS TRUST FUND CASH SURPLUSES BECOME DEFICITS FY2003-FY2023

HISTORIC STOCK MARKET CONTRACTIONS

974 GLOBAL INVESTING & INTERNATIONAL BUSINESS

RUSSIAN STOCK INDEX VS. U.S. S&P500 OVER 5 YEARS

DOLLARS PER EURO (’99-’04)

HOW IMPORTANT ARE FOREIGN MARKETS TO YOUR ORGANIZATION?

COMPANIES’ TOP STRATEGIC PRIORITIES IN FOREIGN MARKETS OVER THE NEXT 3 YEARS

TOP SEVEN CHALLENGES FACED IN FOREIGN MARKETS (2004)

TOP 7 FOREIGN MARKETS

REGIONS ENTAILING THE GREATEST RISK FOR U.S. BUSINESS OVER THE NEXT 3 YEARS

HOW DO COMPANIES OBTAIN INFORMATION ABOUT FOREIGN MARKETS?

U.S. RARELY LEADS GLOBAL STOCK EXCHANGES

GLOBAL STOCK MARKETS
(ANNUAL RETURNS - DEVELOPED MARKETS)

975 WORLD MARKETS WITH STEPHEN ROACH

1. WORLD GDP (’71-’05)

2. GDP OF MAJOR 7 COUNTRIES (2002-2005E)

3. FOREIGN EXCHANGE RATES (1980-2004)

4. TOTAL RESERVES (IN $ BILLIONS):
REST OF ASIA, JAPAN & CHINA (1997-2004)

5. PRIVATE “REAL” WAGES:
PREVIOUS CYCLES, CURRENT CYCLE

6. PERSONAL CONSUMPTION EXPENDITURE (as a % of GDP)

7. TOTAL HOUSEHOLD DEBT (as % of GDP),
CORPORATE DEBT (as % of GDP) (1966-2002)

8. HOUSEHOLD FINANCIAL OBLIGATIONS ($ of income),
DEBT SERVICE PAYMENTS (% of income)

9. REAL FED FUNDS RATE (1985-2003)

10. NET NATIONAL SAVINGS AS A SHARE OF GNP (LEFT), CURRENT ACCOUNT AS A SHARE OF GDP (RIGHT) (1946-2002)

DOW, S&P500 & NASDAQ (MID-WAY 2004) (1999-2004)

OUTSTANDING OTC DERIVATIVES (1966-2004)

DERIVATIVE DANGERS

JOBS REBOUND (2003J-2004M)

HEDGE FUND EXPLOSION

976 The Economic Cost of America’s Foreign Image in The Middle East

1. EGYPT PROFILE

2. ANTI-AMERICANISM ON THE RISE

3. SURVEY CLAIMS VISA PROBLEM CREATE BUSINESS LOSS

4. THE ECONOMIC PRICE FOR AMERICA‘S FALLING PRESTIGE

5. ZOGBY INTERNATIONAL 10 NATION POLL MARCH & APRIL 2002

6. “AMERICAN MADE” PRODUCTS

7. U.S. GOVT. POLICY TOWARD ARAB NATIONS

8. AMERICAN FREEDOM AND DEMOCRACY

9. U.S. EFFORTS TO FIGHT TERRORISM

10. AMERICAN EDUCATION

11. THE MOSLEM WORLD: GROWTH IN POPULATION AND UNEMPLOYMENT

12. TRADE AND INVESTMENT SLIPPING BEHIND

13. IRAQIS RESENTMENT OF U.S. GROWS

14. U.S. POLICY TOWARD PALESTINIANS

15. AMERICA’S “DEVINE GUIDANCE”

977 IMMIGRATION AND HOMELAND SECURITY

1 H-1B VISA PROGRAM

2 THE “GAPING HOLES” IN INCONSISTENT U.S. IMMIGRATION POLICY

3 TODAY’S AIRLINE TRAVEL: MUCH INFORMATION GATHERED BUT LITTLE “PERSONAL” PROTECTION

4 FIRST TIER: THE DEPARTMENT OF HOMELAND SECURITY

5 VARIOUS AGENCIES AT EACH LEVEL OF REVIEW

6 FURTHER INDICATORS OF SECURITY CONCERNS

7 DATABASE ON U.S. VISITORS SET FOR HUGE EXPANSION

8 ILLEGAL IMMIGRATION CONTINUES UNABATED

9 IMMIGRANT EXPANSION THROUGHOUT U.S.

10 THE SMUGGLING TRADE

11 INFORMATION “FOLDERS” WOULD BE EXTENSIVE

12 LARGEST “HOMELAND” SECURITY CONTRACT SENT “OVERSEAS”

13 THE “REAL” MATRIX

14 SPECIFIC CHANGES: H-1B

15 REPORT BLAMES VISA DELAYS FOR U.S. EXPORT LOSS

16 OUTSOURCING DEMANDS INFORMATION SHARING WITH FOREIGN WORKERS

17 ONE SOLUTION TO ILLEGAL WORKERS TAKES FROM: H-2B (1995-2003)

18 FINAL TIER: POST ENTRY APPLICATIONS

19 “RED FLAG” INDICATORS AT STATE DEPARTMENT

20 THE OTHER GAPING HOLE: OUTSOURCING & FOREIGN WORKERS