Research & Ideas
Global Meltdown: Part III – Aftermath
If any or all of the scenarios I mapped out does come true, we will be heading toward a very tough time in our life. It might mean most of us will lose much of the wealth we now have and face more uncertainties in the future. A different way of looking at this is [...]
Global Meltdown: Part II – Possible Scenarios
In Part I of this series, I outlined some of the problems that the world is currently facing. Part II will analyze some of the possible scenarios we might face down the road. Some regions of China are experiencing an increase in social unrest. This unrest was due to a greater division of wealth. A [...]
Global Meltdown: Part I – The Three Powers
We are in the midst of a global financial meltdown. The EU is on the edge of collapse and the Euro is losing creditability. The PIGS’ credit problems cannot be resolved under the present EU structure. Greece recently passed the austerity plan in order to receive the next round of bailout money, but this money [...]
Top News
- Chinese premier criticizes EU move on trade measures May 25, 2013SHANGHAI (Reuters) - Chinese Premier Li Keqiang criticized the European Union over its plans to investigate alleged anti-competitive behavior by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported. The official Xinhua news agency reported late on Friday that Li had told business leader […]
- News Corp to take charge of up to $1.4 billion this quarter May 25, 2013By Jennifer Saba (Reuters) - News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business between its newspaper and entertainment operations. The company said the goodwill impairment charge was primarily for its Australia newspapers though it gave no mo […]
- Lobbying in American-US Airways deal focuses on small cities May 25, 2013By Karen Jacobs (Reuters) - US Airways Group and American Airlines , seeking approval for a merger that would create the world's largest airline, are warning lawmakers that a requirement to divest certain airport slots would lead to less service for small and medium-sized cities, sources close to the effort told Reuters. The airlines may be required to […]
- Ex-Virginia bank executives guilty in financial crisis case May 24, 2013(Reuters) - The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday of conspiracy to commit bank fraud and other charges in connection with a scheme to conceal loan losses that contributed to the bank's collapse in 2011. Edward Woodard, the former chief executive of Bank of the Commonwealth, was foun […]
- Exclusive: In surprise, General Growth eyes New York office tower May 24, 2013By Ilaina Jonas NEW YORK (Reuters) - General Growth Properties Inc has paired with Brookfield Office Properties Inc to bid for an expensive New York building in what could mark the No. 2 U.S. mall owner's entry into a new segment of the retail real estate market, according to two sources familiar with the deal. Bids for the 27-story office and retail bu […]