Wednesday, June 18, 2008

South Korea and Israel are promoted!

I know one rather prominent country will be demoted though.

By Fabio Alves and Tal Barak June 19 (Bloomberg) -- MSCI Inc. will decide within 12months whether to reclassify South Korea and Israel as developedcountries, elevating them from its emerging market indexes.

1 comment:

Greenie said...

Israel - developed country? Huh. Why do they still need to steal our 3B every year?