UNHAPPY LAST YEAR

New Years should begin on any day other than 1 January. From the moment the Australians begin their spectacular firework display over Sydney harbour at their midnight, which is hours before everyone else in the world, they generate in other nations a mood of euphoria, of...

Australia's coral reef growth is slowest ever

Australia's Great Barrier Reef has experienced the slowest coral growth ever in the past 400 years. This decline of growth rate puts the species that the reef supports in danger of not being able to sustain them...

This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

New players challenge world order

[New players challenge world order Brazil, Russia, India and China, the so-called Brics, are predicted to emerge as major world players by 2050. In this,...

Obama's "Revitalize the Economy" Agenda

"Obama's "Revitalize the Economy" Agenda According to Barack Obama's transition web site, the number ONE issue that the Obama administration will address is "Revitalize the Economy".The step-by-step plan on how to do it has also been outlined. I hope this level of...

Shanghai infrastructure placed in the fast lane

I am in Shanghai these days. Seeing all the construction around, I am quite wary of the way the city is shaping up, demolishing old neighbourhoods and going highrise. This bit of news about the city's investment...

Growth in oil stumbles- Oman Crude- $46.98 barrel!

"On the Dubai Mercantile Exchange, Oman crude oil closed at US$46.98 a barrel yesterday, the first time it has settled below $50 since it started trading on the exchange last year. On the New York Mercantile...

Are BC's cities and towns turning into little fiefdoms?

Who is running our cities in BC? And what can citizens do when  governance of them seem to be spinning out of control? Do you think our un-elected city management staff have too much power, and along with our elected officials, tend to abuse the power of public office...

German Economy Enters Worst Recession in 12 Years

European stock markets are panicing today as investors learn that Germany, Europe's largest economy, has officially fallen into recession. In morning trading Britain's FTSE 100 was down about 1.3 percent and the...

IMF sharply cuts world growth projections to 2.2 %

The reports released by IMF cuts down the growth rate to 2.2 percent.Although thhis is on expected lines but the the steep nature of cut disturbed the world authorites. ""Prospects for global growth have...

Scotland finds economic growth in their forests

Scotland plans to fund their economic growth through the renewable energy capacity of their forests. The government wants communities, landowners and forestry individuals to allow woodlands to be used  in...

Chinese Prez Hu to attend G20 summit (Bretton Woods II) on crisis

A G20 Summit on financial markets and the world economy - called Bretton Woods II- will take place on November 15 in Washington DC. China, a major player in world economy has expressed its willingness to attend. "China has repeatedly called for close global...

Brown seeks IMF boost.... China feels crisis

The aggresive rate cut anounced by the RBI has created new debate that developing world is also feling the pain the GDP forcast has forcasted downword target under the shadow of financial crisis.India,China has...

What Your Government Knows About Cannabis And Cancer -- And Isn't Telling You

" Paul Armentano  What Your Government Knows About Cannabis And Cancer -- And Isn't Telling You Posted June 24, 2008 | 04:20 PM (EST) ...

Financial crisis: FTSE drops to five-year low

The pound is continuing to plummet against the dollar as fears continue about a global recession. The FTSE has also dipped to a five-year low."The pound lost more than six cents against the dollar as renewed fears...

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