Dow Jones industrial average went below 10,000. This decline happened at a time when there was some kind of feeling that perhaps the worst of economic recession is finally over. There has been some kind of improvement in the job sector as claims for unemployment benefits decreased. The good news in the job sector could [...]
The recession is over in USA but the jobs have come back. If we look at the jobless rate in USA the it is sure that the recession is not over. Yes, the big companies are back on the right track but still, many people are unemployed. So, it seems that free market economy and [...]
It has been few weeks that I wrote anything in this blog. In fact, it is nearly 2 and half months that I updated the blog last. It has been a very tough one year for me. In fact, the last two years were very tough indeed. In the middle of 2008, I started to [...]
Nick Robinson is a highly respected expert on British politics. I just finished reading his blog entry: ‘There is an alternative’ and I have read many of the comments put by the visitors. I felt that the comments were even more important than the entry itself. The comments show how divided the British people are [...]
Things look very bleak for the current British Prime Minister Gordon Brown. Most people in England are not happy with him and his Labour Party. Today, former Prime Minister Tony Blair has come in support but Tony Blair himself is an unpopular figure in British politics now. The support from Blair however would perhaps to [...]
The Economist is perhaps the best weekly magazine on international affairs. I am a great fan of the magazine and when there was no Internet, it was a great source of information for me. I used to read it every week and it helped me remain updated about all the parts of the world. I [...]
I did not use the word ‘study’ in my title because ‘study’ means more careful and intense reading of anything. Instead, I am implying here casual reading of Economics because I think that most people would run away if they have to study it. Instead, they should have some knowledge of it because in our [...]
Now, British Prime Minister Gordon Brown is under immense pressure from his labor party as in the opinion polls, consistently Labour is trailing the Conservative Party. These days labor is in the third position and they are also trailing the democrats. I really have to say that I feel some sympathy for Gordon Brown. He [...]
The second debate for UK General Election 2010 took place earlier today. This debate was centered on foreign policy but the media people perhaps tried to figure out who performed the best. It seems that the current Prime Minister Gordon Brown and his Labor Party are now in very big problem and there is a [...]
Volcano eruption in Iceland is causing some major damage to the Airline industry all over Europe. Many flights have been cancelled and airlines companies in Germany and England are suffering from this problem. Today, I was seeing a newspaper headline that one million people in Great Britain had been affected from this problem. This is [...]
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