BRICs still not cheap enough yet?

Troubling signs of slow growth in India and a weak rule of law in Russia contribute to the fact that the BRICs still might not be low enough for the cautious investor. The BRIC Bear Market still has a ways to go. Throw in the uncertainty with the ruling Communist Party in China surrounding Bo Xilai and the subsequent power struggle, and we may have a ways to go before things stabilize. Plummeting housing prices are sparking fears of the housing bubble bursting in cities all across the Middle Kingdom as well.

Russia and India Partner Up

News is that Russia and India will partner up to make generation reactors for nuclear power plants. Great to see two members of BRIC join forces to keep growing.

India has plenty of thorium so this undoubtedly will help.

India's Investment Appeal

Fund managers say India is nearly as good to invest in as China, as seen in the WSJ article. One must keep up on all the options out there that are available. It's important to not ignore a huge potential growth story like India while it is still getting started.

Weakening Rupee

Bloomberg has an informative article related to the strength of the rupee. With so much attention given to the currency of China, keeping informed on how other nations are doing can fall a bit to the wayside. Keep up to date!

Terrorist attacks in Mumbai.

Attacks in Mumbai at hotels and other sites... thoughts are with them.

Just go to Google News and you can see the latest.

India being hit hard.

India is feeling the effects of the trouble with the world economy, as inflation is rising and factory growth slowing. A country that hasn't had any reforms over the past few years might struggle to do so in the near future due to elections.

Decisions and Taxes.

A fellow blogger is traveling around India and has some insight into taxes in India. What religion you are influences how much tax you pay! It'll be interesting to see how this plays out as India continues to develop.