Tag Archives: HSBC

Global crisis, islamic finance and life insurance

  By iip | September 30, 2011 - 3:27 pm | Business
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At the opening of World Islamic Economic Forum (WIEF) in Jakarta weeks ago, almost every speaker talked about the excesses of irresponsible financial market for triggering the global crisis. My highlight of global crisis was about smallholders farmers of palm oil suffered from decreasing commodity prices.  Another highlight shows how some vulnerable groups of people are facing the risk of global crisis.

The forum was touted Islamic finance as a framework for a more stable global financial system.  What are the differences with conventional, traditional or western financial system?  And what is the relation with life insurance?

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2009 World’s biggest companies and fossil energy business

  By iip | April 13, 2009 - 10:57 am | Business
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Forbes releases the world’s biggest companies list. It reveals 2000 companies that, says Forbers,  ‘will emerge on the other side of the trough far stronger when world economies snap back next year’. Current global crisis is not a hard way for them to keep grow, fund, and entering the new market. Even crisis is the best time to buy rivals.

The world’s biggest  companies are placed in 62 countries, mostly in US.  Forbes put various sectors from banking to telecommunication industry.  The list also put several fossil energy companies in top 15.

Although international organizations propose a concept of green economy, in fact,  fossil energy business has more  assets and resources. Ok, this situation could be opportunity too. They has more capital to alter the pattern of world energy economy, so we have a chance for green economy.

Here top 15 of world’s biggest companies, in 2009:

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Related terms
    world top fossil power companies, worlds biggest energy companies, worlds biggest fossil energy companies