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Wealth Managers in India See Bottom in the Economy, Recommend Move into Equities
A growing number of wealth managers in India are recommending investors to be ready to put more money in the Equities in a sign that the economy may be bottoming. Emerging markets investors take note.
Fight For Your Right To Work
These days it’s not enough to do your jobs well. In fact you aren’t even working for that next raise or promotion. What you need to do is to Fight For Your Right to Work!
World Bank sees Global Recession in 2009, Fastest Decline in Trade in 80 years
World bank sees global recession in 2009 with fastest pace of trade declines in 80 years. Stimulus costs in US & Europe will crowd out lending for poorer countries
Obama planning to cut deficit in half despite the cost of economic stimulus
President Obama’s goal of cutting annual federal budget deficit in half by 2013 is admirable but national debt will continue to rise due to the cost of economic stimulus
We can Avoid Another Great Depression – Time for a Rational Government Response
I have always wondered what the life and the business climate must have been during the Great Depression. Yes, I have read accounts and seen pictures but these probably do not convey the full picture. Now living through and observing this economic recession I am starting to get a feel for how it must have [...]
US pulling out of 2010 Shanghai World Expo due to lack of funds
US is likely to pull out of 2010 Shanghai World Expo citing lack of funds due to economic crisis. Most other countries will attend. Chinese are likely to take this as an affront
Geithner outlines new banking rescue plan
Tim Geithner, the new Treasury Secretary unveiled the new bank rescue plan today. The new plan takes a two pronged approach to fix the toxic assets and credit freeze problems. While the plan in theory sounds good and it may work, details are still scarce
FTSE 100 CEOs Lost an Average of 4 million Pounds
FTSE 100 CEOs lose 4 million pounds on average in 2008
Auto bailout stalled as Senate Republicans insist on UAW concessions
The emergency auto bailout bill passed by the House appears to be going nowhere in the Senate as the Senate Republicans are insisting that UAW give further concessions. This is a key demand to ensure that the industry will be put on a sustainable path going forward
