What Better to Own Than Gold?
Gold has performed poorly of late. There is no denying that.
Minister of Finance views abyss
Last November, I introduced in this space my Prime Minister of Finance, who has repeatedly warned of financial crisis. Our current troubles may differ in some details from the minister's predictions, but he was surely right that trouble was brewing.
South Africa: Replace a House of Cards With Something Solid
THE past few weeks have seen citizens of Europe and the US grapple with numbers that seem Zimbabwe-like in nature. Exactly how many zeros does $700bn have? What would 1-trillion look like stacked up?
Ottawa to buy $50B in mortgages, hopes to spur loans
The federal government is purchasing another $50 billion in residential mortgages to further stabilize the lending industry and encourage lower interest rates.
Strong dollar, stamina in doubt
The US dollar as measured against six major world currencies has appreciated about 19% during the past three months through end-October.
Catastrophe averted?
The leaders of the rich countries went to Washington to save the world from sliding into deep recession. We asked key politicians, commentators and economists whether they succeeded and what we should expect, and hope for, in the coming weeks
Doha Declaration calls for more robust frameworks
11 November 2008 The Third Annual Conference of Hawkamah - the Institute of Corporate Governance - yesterday issued the Doha Declaration on its concluding day, calling for the implementation of more robust corporate governance frameworks to maintain the stability of the region's financial system in the face of the global financial crisis.
Producer Prices Plunge
If anyone doubts that there was a sea change in overall economic conditions from the summer, one only has to look at the recently released report on producer prices.
The Crack-Up Boom, Part XII
As the G7 banking systems continue their plunge into the abyss, so do the worlds economies. Public servants, governments and central banks are firing every policy option they have to keep the confidence of consumers and business from collapsing.
Top Scoops
I've been uplinked and downloaded. I've been inputted and outsourced. I know the upside of downsizing; I know the downside of upgrading. I'm a high-tech lowlife. A cutting-edge, state-of-the-art, bicoastal multi-tasker, and I can give you a gigabyte in a nanosecond.
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