Archive for the ‘Economy’ Category
A “perfect storm” gathered during The Great Recession that sank much of the global shipping industry. (more…)
In the days of the Trojan Wars, there were the Hellenes. They live on islands; strung like jewels along the coast of azure beauty, the Mediterranean Sea. (more…)
Have you ever wondered about who runs that company that makes that status bag? You know the bag that wears the LV Logo. He is the richest man in Paris. (more…)
Winds sent old newsprint soaring like white kites caught in the updraft along the concrete corridors of Wall Street, in October 29, 1929. The world had just begun to feel the horrendous pain of the Great Depression. (more…)
It’s as if by magic that we expect the world economy to suddenly correct itself; even more to expect our populaces to elect leaders with miraculous qualities of leadership. (more…)
MF Global was founded in 1870 by a barrel maker named James Man who became a successful supplier of rum to the navy. In 2007 the Man Group came to be MF Global. (more…)
There exist today countries that are connected by fear of the future. Yet they are hopeful that past transgressions and poor decisions will not destroy the struggles of generations. (more…)
It’s almost like he reluctantly descended from his comfortable mountain habitat to visit us with offerings of wisdom. There is the startling appearance of the glorious mane of hair that hangs to the shoulders like a royal lion’s mane. (more…)
Banking is inarguably the most prominent component of a country’s economic construct. (more…)
Our country is experiencing what some financial sages termed economic unthinkable times. (more…)
His name is Dr. Mohamed A. El- Erian CEO and co-CIO of PIMCO, one of the largest bond trading firms in the world. His arrival onto the global stage was overlooked by many. (more…)
Could the flows of humanity participating in Occupy Wall Street or “Occupy” be the ultimate voice in helping us to understand that fundamental rights of men are being bartered away? (more…)
Five people, places, and things everyone’s wagging their fists at as the markets crash.
BY CAMERON ABADI | AUGUST 5, 2011
There will be plenty of blame to go around if the global economy tips into a double-dip recession. U.S. President Barack Obama on Friday, Aug. 5, spread the responsibility widely, citing a “tumultuous year” that has included the Arab revolts, the earthquake in Japan, the crisis in Europe, and partisan battles over spending in Washington.
But many of the leading global players in the ongoing financial drama have already begun casting stones at more specific targets. Here’s a look at the world’s favorite scapegoats.