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EWD

Over the weekend in Germany, an alliance between the conservative Christian Democratic Union and the pro-business Free Democratic Party claimed a majority in Germany’s lower house of Parliament that could set the stage for slashes to government spending and income taxes. German Chancellor Angela Merkel now has a partner who supports implementing tax cuts, not massive government spending, to spur economic growth. The FDP also shares Merkel’s desire to ease back on laws protecting workers from dismissal and establish a national minimum wage. [click to continue…]

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Global X Launches First Nordic ETF

by on August 19, 2009

It’s been quite a week for the ETF industry. Last Friday, Van Eck launched its Market Vectors Vietnam ETF (VNM), the first exchange-traded product to offer U.S. investors exposure to Vietnamese equity markets. Now New York-based Global X Management Company has launched the Global X FTSE Nordic 30 ETF (GXF), the first U.S.-listed fund to offer diversified exposure to Sweden, Finland, Denmark, and Norway. [click to continue…]

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Europe ETFs: All Over The Board

by on July 28, 2009

Over the past several months, concerns over the fallout from the massive stimulus plans, rising unemployment, and continued weakness in corporate earnings have left many investors rethinking their allocations to U.S. equities. Once considered an essential element of any portfolio, American stocks have fallen out of favor with some investors who have shifted assets towards [...]

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