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NEW YORK, UNITED STATES (14/JUN/2013.) - The Latin American and Caribbean countries in 2011 managed to have a greater number of people living in the middle class than in poverty, but the region is still far from reaching the prosperity of the rich countries as one out of four Latin Americans lives on less than four dollars a day, reported the World Bank on Friday.
Economy
Very little has changed since the G-20 announced the end of offshore havens in 2009. A new report by the NGO ActionAid puts in question the British government's political will to combat the problem.
It is well known from the finance theory that “profit” and “risk” terms always go hand in hand, as in case of change of any parameter the other one changes as well. There are a lot of theoretical and applied researches based on the classic “Portfolio Theory” of Harry Markowitz describing a combination of risky and risk-free assets (practical financiers also widely use the William Sharpe ratio).
