Updated: 5/16/2006; 11:35:26 AM.

Ken Novak's Weblog
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daily link  Saturday, March 06, 2004

pulverInnovations: WiFi VOIP phones for sale, currently $249.  "The WiSIPTM Mobile IP Phone is a next generation intelligent IP Communications device which adds SIP based VoIP communications together with WiFi installations. The WiSIP phone has been optimized for use with Free World Dialup. It can also be used with SIP based IP-PBXs. "  10:33:43 PM  permalink  

IMF marginal for emerging markets: "In just 10 years, from 1991 to 2001, capital flows to emerging markets from the official sector, governments and bodies like the Fund halved to $36.5 billion, while private sector flows rose to $160 billion from $62 billion.  The IMF itself in fiscal year 2003 lent 29.4 billion special drawing rights, its currency unit which is composed of a basket of other currencies, worth around $20 billion.

"The IMF is in search of a new role, who leads it is probably irrelevant," said Paul Luke, an emerging market veteran who now runs a specialist emerging markets investment house Convivo Capital Management.  "The IMF share of world credit has collapsed, it is a fractional player, in large part because the developing world has sorted itself out and is now a net lender to the developed world," Luke said. "  8:57:51 AM  permalink  


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Last update: 5/16/2006; 11:35:26 AM.