Emerging Markets Risk Strategist with a focus on non-conventional risk analysis, business intelligence and project risk analysis in SE Asia - at day. Sport addict otherwise - by Olivier Falcoz

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      Regional Links Aiding Drug Syndicates in Burma: UNODC

      Rangoon — Regional integration offers greater opportunities to narcotics producers and traffickers in Burma, the UN Office on Drugs and Crime (UNODC) said on Wednesday, at a time when Asia’s demand for methamphetamines shows signs of accelerating.

      The warning represents a darker take on a regional push to better connect infrastructure and economies, and facilitate the trans-border movement of people. That integration is typified by efforts to create an Asean Economic Community by 2015 and extends to projects aimed at better linking Burma to its giant Asian neighbors China and India.

      “Organized crime groups are well positioned to take advantage of regional integration agreements to expand the trafficking of synthetic drugs and precursor chemicals” said Jeremy Douglas, the UNODC’s regional representative for Southeast Asia and the Pacific, according to a statement.

      (Source: irrawaddy.org)

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      Malaysia probes apparent hacking of MH370 data →

      No Bubble, No Problems?

      There’s a recurring theme emanating from nearly every permanently bullish pundit right now. I’m sure you’ve heard it. It goes something like this: “I was around in 1999-2000. You have no idea how crazy it was back then. We are nowhere near that level of mania today. We therefore have much, much further to go.”

      On its face, it seems like a reasonable statement. After all, 2000 was the peak of the greatest U.S. stock market bubble we have ever seen. A chart of the CAPE ratio (or Shiller P/E) illustrates just how stretched valuations were back then and how we’re  still far from such levels today.

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