Economics & Investments
The Key to Competitiveness
“Why are we so behind?” I asked. Someone else commented that both Germany and Japan were leveled to the ground in World War II, yet today they are economic giants.
[Read more...]Common Estate Planning Pitfalls
If you’re one of the few Americans who managed to establish a sound estate plan, congratulations.
[Read more...]Drought, Food Prices Fan Fears of New Crisis
Global alarm over a potential repeat of the 2008 food crisis escalated after data showed food prices had jumped 6 percent last month and importers were snapping up a shriveled U.S. grain crop, helping drive corn prices to a new record.
[Read more...]Average Joes Need To Realize How The Stock Market Takes Their Money
Common sense leads us to the “obvious” conclusion that the U.S. stock market is a rigged skimming operation that is essentially a form of legalized, officially sanctioned fraud.
[Read more...]Capitalism, not Culture, Drives Economies
The same is true for Japan and India. Had Romney spent more time reading Milton Friedman, he would have realized that historically the key driver for economic growth has been the adoption of capitalism and its related institutions and policies across diverse cultures.
[Read more...]Europe is Threatening the World
If you were to just look at the newly revised economic forecasts released by the International Monetary Fund earlier, you might focus only on gloom.
[Read more...]Saudi Plans to Start Cross-listing Foreign Firms in 2013
JEDDAH, Saudi Arabia, July 17 (Reuters) – Saudi Arabia plans to start cross-listing foreign companies on its exchange within a year, with a focus on Gulf Arab firms, as it moves closer to opening up its market to foreign investors, a senior stock market offical said on Tuesday.
[Read more...]Saudi Arabia Reforms Economy, Benefits May Be Elusive
After Saudi Arabia passed a long-awaited law covering housing mortgages last week, banking shares rocketed over 5 percent in a single day as investors bet the reform would unlock a lucrative source of revenue for banks
[Read more...]Banking with a Difference
“A senior bank official told me on the day they opened an Islamic window at his bank, there were people who brought bundles of money in cash,” Siddiqui says.
[Read more...]Make Sure Charitable Contributions Pass Strict Documentation Rules
Tax code missteps can prove costly, as a recent Tax Court case illustrates.
[Read more...]Profiting from the Dollar’s Might
The eurozone mess has bolstered the greenback’s standing against almost all the world’s currencies. This could create some hard-to-resist bargains.
[Read more...]The Decade of the CIVETS
A guide to the fast-rising economies of Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa
[Read more...]Recovery or Collapse? Bet on Collapse
While we quake in our boots from fear of “Muslim terrorists,” it is financial deregulation that is destroying us
[Read more...]Plutonomy and the Precariat: On the History of the U.S. Economy in Decline
It’s quite different now. For many people in the United States, there’s a pervasive sense of hopelessness, sometimes despair. I think it’s quite new in American history. And it has an objective basis.
[Read more...]Harvard and M.I.T. Team Up to Offer Free Online Courses
In what is shaping up as an academic Battle of the Titans — one that offers vast new learning opportunities for students around the world — Harvard University and the Massachusetts Institute of Technology on Wednesday announced a new nonprofit partnership, known as edX, to offer free online courses from both universities.
[Read more...]The Beginning of a New World Order
The financial crisis has seen the global economy turned on its head. And it is China rather than America that is set to dominate through both soft and hard power
[Read more...]27 Statistics About The European Economic Crisis That Are Almost Too Crazy To Believe
Discouraging statistics about the world economy
[Read more...]For Economy, Government Work No Panacea
The employment report released last Friday showed that state governments had hired 2,000 more people in March, but those gains were more than offset by 3,000 jobs lost at the local level.
[Read more...]Arcapita Files for Bankruptcy Protection as Debt Talks Fail
Arcapita Bank BSC, a manager of Islamic-compliant investments with $7 billion under management, filed for bankruptcy in the U.S. after failing to reach an agreement with creditors.
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