Is this the End of Capitalism in Germany?

By, Uwe Paschen. Could this be the beginning of the end for Capitalism?  On Saturday another demonstration took place with an  estimated 100,000 Workers marching through Berlin in protest and anger. Stating on...

Economy’s turnaround: (part 2)

In the previous part the economy is viewed from the Macro perspective, while in this part the Business economic point of view is applied. Macro deals with the overall approach, while Business with the industrial...

Chrysler to Shut Factories for a Month

Us auto makers need to change the whole industry.  If they don't make major changessoon the entire industry will be closed andall cars will be imported.  A bailout  will not work f they...

the Auto Industry Moving South, Study UAW Wrong

" A few years ago the Center for Automotive Research published a very useful study titled "The Auto Industry Moving South: An Examination of Trends" [PDF]. The study's authors looked at a variety of factors influencing this trend, including the role of incentive packages that...

Employers cut 533K jobs in Nov., most in 34 years

"Employers cut 533K jobs in Nov., most in 34 years Dec 5, 2008 Economy Dec 5, 3:22 PM (ET) By JEANNINE AVERSA WASHINGTON (AP) - Skittish employers slashed 533,000 jobs in November, the most in 34 years,...

Nato to target Afghan drugs trade

Concerned with growth in drug trade in Afghanistan, NATO forces have been empowered to target opium factories. The UN said in August that poppy production in Afghanistan was down this year after a record-breaking...

US bans key Indian drug imports

After prolong investigations The US drug regulator FDA has banned top Indian Pharmaceuticals company Ranbaxy after latter was  found selling unsafe medicines in the country.US Department of Justice has...

BAE in £2bn MoD ammunition deal

"BAE Systems has signed a 15-year deal with the Ministry of Defence (MoD) to supply the UK armed forces with small arms and medium-calibre ammunition. It also includes mortar bombs, tank, artillery and naval gun shells, but not weapons such as guided missiles. The contract...

China to close plants over Games

China has now ordered that 40 factories be closed in Beijing in the run-up to the Olympic Games, but many are doubtful that it is actually going to make a difference."The plants in the eastern port city of...

Industry blames Nigeria's power crisis for millions of lost jobs

Power outages in Nigeria is leading to loss of thousands of job and situation ahead is far more grim. Country faces acute electric supply problem and needs a whooping 85 billion dollars to a "stable power" supply. " Chronic electricity shortages are largely to blame...

Penneys (Primark) drops firms using child labour

What is the right thing to do?If I decide to boycott products produced by child labour and then as a result they become unemployed what happens to them and their family? I ask this question because I do not know the answer and that worries me."Penneys drops firms using...

Policeman Shot Dead During Training Exercise in Manchester

" A policeman who died during a training exercise in Manchester has been named as Ian James Terry.The 32-year-old police constable was killed by a single shot from a colleague's gun. Investigations under way...

US climate change bill blocked

US lawmakers have blocked a much-anticipated bill on climate change, after Republicans vowed it would be too expensive for the economy. "A US attempt to establish a system of caps and tax relief to cut carbon emissions has been blocked in Congress.The bill was backed by most...

New Urbanism's Moses comes to Tsawwassen

Trevor Boddy critiques a proposed new urbanist development in South Delta as "a last-gasp attempt to reform suburbanism from within,before high energy prices and new respect for land compels much denserdevelopment." "The 13th of May brought several downer developments — and...

China contains radiation in quake area

The full scale of the impact of China's earthquake is only now becoming apparent, with the death toll rising to more than 55,000 - and 25,000 still missing. Meanwhile, geologists have concluded that the quake was...

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