Is it really attributable to Obama administration??
The problems with the auto industry aren't one man's fault. Why should he pay when so many Wall Street CEOs remain?
China's top central banker says it's time to replace the country's reliance on the dollar, but such a move likely won't happen any time soon
Despite the fact that ever-increasing stock prices have helped to create mega mergers, the converse is not always the case.
In what is turning out to be an elaborate chess game in the region, Islamabad on Saturday made its "Afghan move" to counter the US-India pincer, telling Washington that it will have to withdraw some 100,000 Pakistani troops posted on its western borders to fight the al-Qaida-Tali …
The current highest denomination bank note is Z$50,000, not enough to buy half a loaf of bread.!!
Great leaders are forged in times of crisis. The credit crisis that surrounds us creates an opportunity to learn--but only if we begin by understanding that the crisis is not the result of one-time mistakes or bad luck.
In a study covering 17 developed economies over three decades, the IMF came up with three findings of particular relevance.
The amount outstanding has fallen 25%. Exchanges are creating more transparent ways to trade them. Are we finally getting a handle on these derivatives?
The recent bailout package being approved in the US Congress needs to be viewed in the context of the spurt in the accumulation of forex reserves of China by about $500 billion in the last six months to about $2 trillion in aggregate. This gargantuan build-up of forex reserves b …
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America is more communist than China is right now. -- Jim Rogers, Sept. 10, 2008 A lie told often enough becomes the truth. -- Vladimir Ilyich Lenin
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In his famous book, The Collapse of British Power (1972), Correlli Barnett reports that in the opening days of World War II Great Britain only had enough gold and foreign exchange to finance war expenditures for a few months.
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