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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (80236)6/18/2008 6:43:31 AM
From: elmatador  Respond to of 116555
 
Merrill Lynch raises the expected spending on emerging-markets infrastructure to $2.25 trillion over the next three years, nearly double its earlier estimate.

ELMAT: Like I said. Closing those bottlenecks...
Message 24684873



To: Elroy Jetson who wrote (80236)6/19/2008 9:01:02 AM
From: elmatador  Respond to of 116555
 
Is already tomorrow in Brazil. Country starts to behave like a serious country.

"The Economist", Michael Reid, editor for the Americas.

I can tell Elroy when my generaton came to power...



To: Elroy Jetson who wrote (80236)6/20/2008 6:32:49 PM
From: elmatador  Respond to of 116555
 
GM Puts Product Development on Hold
General Motors Corp. is re-evaluating several products it is considering launching sometime after the turn of the decade as it considers whether the lineup will match customer demand in an era of $4-a-gallon gasoline, the company said.
online.wsj.com

GM sheds thousands
MLive.com, MI - 8 hours ago
The plant's number is part of 18657 hourly workers that allows GM to take a step toward solving one of its most pressing problems -- the need to shed ...GM

GM adding to layoffs at Janesville plant
Bizjournals.com, NC - 7 hours ago
On April 28, GM announced that it was eliminating one shift of production at the plant beginning in July, resulting in the loss of 756 jobs. ...

and then the bright spot among the dark out look.

GM To Invest $500 Million In Brazil Unit For New Model -Spokesman

SAO PAULO -(Dow Jones)- U.S. automaker General Motors Corp. (GM) will invest $ 500 million in its Brazilian unit to develop and produce a new car model, a company spokesman told Dow Jones Newswires on Friday.
...
In Brazil, GM has three factories and 23,500 workers. In the first five months of 2008, GM sold a total of 204,164 vehicles in Brazil, up 25% from the same period of 2007.
money.cnn.com