In your interest.
Online Personal Finance Magazine
No beating about the bush.
It is very common for firms (from small ones to prestigious ones) to take data and use it conveniently to make the point that they want to make. That’s why you can take most (no, we are not giving a figure here) statistics with a pinch of salt.
The government-bond market in the West may well be a gigantic Ponzi scheme. Most governments in the ‘developed’ world are drowning in debt, they are running mind-boggling budget deficits and printing money like there is no tomorrow. Under the guise of quantitative easing, their central banks are buying their own newly-issued debt.
Beijing’s deep pockets are not helping it in the fierce tussle for Africa’s telecom market. If everything falls in place, India’s biggest—and privately owned—telecom player will take over a company that boasts 42 million subscribers and a market share greater than one-third in 12 of the 15 African countries covered by the deal. State-run China Unicom's consortium is bidding on a provider with a subscriber base in the very low hundred-thousands that has already been the subject of one botched privatisation attempt and reportedly is 17 months behind paying its staff wages.