Economic recession News
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The knowledge that short-term markets are driven first by news headlines and central bank policies rather than primarily macro and macroeconomic data forces a perverse reaction onto the market in this unfamiliar climate we find our capital in.
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Shares of Eastman Kodak Co lost more than half of their value on Friday as rumors of bankruptcy spread like wildfire during the week.
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History has shown that people who are in power, or want to be in power, or who are afraid of losing power; will do irrational things at the wrong time and shock routine events to spin out of control.
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Riga -
As the global economic recession continues, many countries around the world are suffering, both financially and politically. The Latvian government is on the verge of collapse after the largest political group in the five-party coalition walked out.
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As many small towns across North America promote local currency to help fledgling small businesses, Toronto Dollars, an 11-year-old non-profit organization, is helping Toronto merchants.
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Since the Presidential election folks have commented on the growth in extremism. This may have to do with election strife or compounding of divisions after the 9/11 attacks. For me it is what Trevor Roper said 40 years ago that worries me now.
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Economic recession Blogs
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By the time you read this, the British Broadcasting Corporation will probably have picked a new Director General. I...
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The recent mid-term elections were overtly biased and caused certain voting blocks to suffer acute double-vision in...
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Hey people. This isn't your dad's job market, which means that your parents' ways of getting a job just aren't going...
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My neighbor got a pre-declined credit card in the mail. CEO's are now playing miniature golf. Exxon-Mobil laid off...
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Business and finances are not easy subjects for me. I was always poor at math. Yet I found Roger Lowenstein's book "The...
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