betekenis van het woord PROFITS

Er werken 205.000 mensen voor IBM in Nederland, maar alleen op papier.

International Business Machines Corp. (IBM) has reduced its tax rate to a two-decade low with help from a tax strategy that sends PROFITS through a Dutch subsidiary.

International Business Machines Corp. (IBM) has reduced its tax rate to a two-decade low with help from a tax strategy that sends PROFITS through a Dutch subsidiary.

The approach, which involves routing almost all sales in Europe, the Middle East, Africa, Asia and some of the Americas through the Netherlands unit, helped IBM as it gradually reduced its tax rate over 20 years at the same time pretax income quadrupled. Then last year, the rate slid to the lowest level since at least 1994, lifting earnings above analysts’ estimates.

Bankroet in China roept spook der uiteenspattende kredietzeepbellen op

For the first time, a mainland Chinese company has defaulted on its bonds. SunTech Power Holdings has been clinging on by its teeth but after failing to repay $541mm of notes due on March 15th - and following four consecutive quarters of losses through the first quarter of 2012 and since then having failed to report quarterly earnings - owed to Chinese domestic lenders, the firm is restructuring. As Bloomberg reports, Chinese solar companies are struggling after taking on debt to expand supply, leading to a glut that forced down prices and squeezed PROFITS - and most notably were unable to renegotiate its liabilities and obtain “additional flexibility” from creditors. This is highly unusual and perhaps is the beginning of a trend for Chinese firms. We already know the little discussed but gargantuan size of China's corporate bond market (which dwarves the US relative to GDP) as the mis-allocated credit tsunami of the last few years begins to hit its lending limit - just as Chinese corporate leverage is surging. If Suntech, the world’s largest solar-panel maker as recently as 2011, could not renegotiate its loans, we humbly suggest there are more problem firms out there about to find their friendly local banker a little less enthusiastic - just as Marc Faber warned recently.

Voormalig Fed Adviseur dringt aan bij de Fed: QE cube er aub. $30 biljoen bij

"Why not expand the Fed balance sheet exponentially, from its current $3 trillion to $33 trillion... Would $30 trillion in extra buying power be inflationary when our entire current GDP is only about $15 trillion? Maybe, maybe not—but we need a game-changer here. First let’s celebrate the Fed’s record PROFITS and its contribution to reducing our deficit. Then let’s seize the moment to do something truly grand: eliminate that stubborn deficit. We have the tools, and I, for one, say let’s give it a try."... it shows that the idiotic trillion dollar coin, Sheila Bair's farcical suggestion to let every American borrow $10 million from the Fed at zero rates, or even our suggestion from a year ago that the government build a Death Star, may appear as sheer genius in comparison to what else the Fed may be considering, and implement, before all this is said and done.

Diamanten voor 3000 jaar vooruit... in Oost-Siberië

Russia is about to start tapping into a huge source of diamonds that could supply the world market for the next 3,000 years.

Russia is about to start tapping into a huge source of diamonds that could supply the world market for the next 3,000 years.

Scientists estimate there are 'trillions of carats' lying beneath a 35million-year-old asteroid crater in Siberia - more than ten times the global stockpile.

The Kremlin has known about the reserves under the 62-mile-wide impact zone since the 1970s.

But it has kept it a secret until now because it was already reaping big PROFITS in what back then was a heavily controlled market.

China Crash 2012 (?)

They warned that the centrally planned, export-dependent economy, could not sustain itself year after year.

They warned that the centrally planned, export-dependent economy, could not sustain itself year after year.

But through multiple crises, China has motored along, lifting hundreds of millions of people out of poverty in the process.

But things appear to be different this time. Corporate PROFITS are tanking, and the Shanghai Composite is at the same levels it was during the depths of the 2008-2009 crash. A hard landing has hit the corporate sector.