Las Vegas stripped by deep recession.

Las Vegas stripped by deep recession. Don’t believe it….! It so happened that I had to visit Las Vegas for Home furnishing trade fair (related to my business) in World Market Center.  When landed the land...

World Markets Plummet With Auto Bailout's Failure

With the Senate's failure to pass the $14 billion auto industry bailout bill, world stock markets fell: Asian markets fell over 5% and European markets are down more than 3%. Futures suggest that Wall Street will open lower as well, also due to news from JPMorgan Chase (it...

China Death Penalty For Poisoned Milk

Chinese officials have passed a new law providing for severe punishments for adulteration of milk.  This comes on the heels of officials addressing WHO saying that the massive additions of melamine to the...

The Bull Pulls the Bear out & Leaves The Dow down

ITS OFFICIAL - the Dow Jones has a bear loss on Wall Street as of today the Bull market is over. The loss of shares in one of America's and the world most influence able stock Market has been on the slide since its highest mark on October 9th, 2007 (14,164.5). Today's Dow...

Reduce in American mortgage will not hurt Canada

" BusinessIn Toronto, CIBC World Markets stated that the rising global energy and base metal prices will cancel out economic spillover into the Canadian markets from the huge problems in US subprime mortgage market."

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