|
|
Posted March 31, 2010
by
|
JEDDAH, Saudi Arabia
![]() |
This iReport is part of an assignment:
Economy Tracker: Your stories |
The London Stock Exchange is the Beacon of Capitalism
London Stock Exchange is the Beacon of Capitalism [HQ]
Its an issue of the psyche of the market. From a psychological point of view the companies, the banks , and SAMA need a victory in the capital markets. We put this video together to promote that perspective. The recent win at BSF should be the rallying call that should support the growth prospects in the local markets.
The fact is that most companies are being starved of liquidity in one of the best markets with the highest growth potentials. The conservative stance of SAMA with regards to NPL reserves has driven the banks into positions of job cuts and conservative financing. The economy has witnessed rising unemployment & delays in project financing. On the other hand, the leadership of the region has been focussed on infrastructure issues like electricity and water. This renewed focus on the building blocks is both inspiring and visionary.
While we wait on the Govt. financing to be paid out, lets take a closer look at the London Stock Exchange and the recent under writings of Calyon for BSF debt.
http://www.kinconsortium.com/lse.html The London Stock Exchange is the Beacon of Capitalism
Best Regards,
Khalid I Natto
Chairman & CEO
The KIN Consortium
Email: khalid@kinconsortium.com
Mobile Phone: 009665 686 100 43
Website: http://www.kinconsortium.com/
Social networking: http://twitter.com/kinconsortium
What do you think of this story?
iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.




Comments