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memo104.pdf
... (figure 1.1). saudi arabia is by far the biggest producer of the opec members, accounting for almost a third of the opec production.4 russia, however, is currently the biggest ... additionally, speculators27 who are trading in futures markets provide the opportunity for market participants to hedge against price risk. in this way financial markets make it possible to divert risk to ...
cpb.nl
Microsoft Word - cpbdoc210.doc
... will reduce investment and consumption. fair value accounting (fva) can pose problems if assets' market values no longer reflect fundamentals. fair value accounting involves reporting assets and liabilities on the ... buyers became increasingly uncertain about their value. on 31 july 2007, two bear stearns hedge funds filed for bankruptcy, and bear stearns blocked investors from withdrawing from a ...
cpb.nl
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