Arab World to Western Powers – Mind Your Own Business

In this article, Anil Selarka or Kalidas (His nick name), describes the folly or Americans, Brits and Europeans in imposing economic sanctions on Arabic and Muslim nations as and when they pleases and freeze their FOREX reserve lying in United States and United Kingdom. It has become self-defeating exercise for them. The Arab nations have started quoting in EURO to obviate $ freezing actions with the result that oil prices have started rising with double speed. The buyer nation of oil has to buy Euro first (and sell dollar) to settle the trade in Euro. The oil prices are therefore getting double boost. One rising oil price due to QE2 program by FED and another forced selling of dollar in favour of Euro. The Author has provided valuable insight into whole affairs for which there is simple solution – De-Freeze National Reserve of any country – lying in United States. Read more…

Convertible Bonds – How to Invest Series Part – 8

Anil Selarka, author of Sub Prime Resolved, writes Part -8 of How to Invest into anything series under the title – Convertible Bonds. In this comprehensive essay, he explains the complexity of this hybrid instrument in very easy style and language a common investor would understand. At the end of this article, he even introduces a new concept – a simple QUIZ to determine how much the reader understood the article. He also appends Answer Sheet with comprehensive explanation to each answer with reference to the article.