Asian central banks are being urged to stay vigilant on the medium term threat of inflation as they are locked in a prolonged period of loose monetary monetary policy. This week, Indonesia reported 7.3% inflation in April, its lowest level since December 2007, and South Korea announced a 3.6% inflation rate for last month a […]
CURE FOR THE GLOBAL ECONOMIC CRISIS
The need to shade more light on the need for business to establish and maintain an active communication channel between them and their public’s and other business organisations is of great importance. Such practice would ensure the safe operation of a company, by making it resistant to sudden economic down turns, due to […]
Taliban Entering India’s Kashmir Valley
Taliban Sneaking into Kashmir Valley: There are two reports appearing in press which should concern every one of us. One, quoting PTI sources press has highlighted the story of David Kilcullen, American expert on guerilla warfare, predicting the collapse of Pakistan within six months and US former military commander Petraeus also confirmed David Kilculle’s prediction. […]
The Middle East War: Is It A Banking War?
Since it is clear to most Americans at this point that America’s continued presence in the Middle East in both Iraq and Afghanistan is not at all primarily as a response and defensive mission with respect to the attacks on this country by Osama bin Laden and the Taliban in September 2001, but for purely economic […]
Zimbabwe’s Power Share Will Last Because ‘Mugabe Needs Tsvangirai’
Zimbabwe’s power-sharing government of President Robert Mugabe and Prime Minister Morgan Tsvangirai is for real. Contrary to widespread sentiment, mainly propagated by a skeptical media that wanted nothing else but Mugabe to go, the marriage is going to last because "Mugabe needs Tsvangirai more than he needs oxygen", one political analyst joked. Mugabe has been […]
Temasek takes severe hit
CEO Ho Ching’s exit won’t alter fortunes of the sovereign wealth fundin short term Ho Ching’s resignation as CEO of Temasek Holdings would not cloud heavy losses of about 40 per cent at Singapore’s sovereign wealth fund amid the global financial market meltdown. The Government Investment Corporation of Singapore (GIC) is also suffering similar heavy losses. An […]
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