The month of October has already hit and Y1s can enjoy a more relaxed period of Microeconomics. But do not get overly relaxed because iGame is coming on its way and there will be many interesting activities coming out in the next weeks. For now just get another dose of the financial and economic news, and enjoy already the 5th Newsletter of the Investment Fund.
This week the Newsletter has turned out to be somewhat “Chinese” as the country itself and several its companies have left notable traces in the financial arena last week. First, I is the announcement of China’s willingness to bail out the troubled economies of the European Union, yet experts are concerned as to whether this can have some political implications. Some say it may, but other say it doesn’t, so will seek to give an overview of the actual situation.
Our second article is devoted to a Chinese company called Alibaba (the Asian version of eBay created by Yahoo), which now claims its interest in buying its founding company. Frankly, an interesting story of how eventually one’s brainchild can grow bigger than the parent itself.
As always, comments and suggestions are more than welcome, so we hope you will enjoy reading the newsletter.
Yours financially,
iFund





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