General Motors’ sales in North America fell by 20% owing to falling demand of pick-up trucks and sports utility vehicles. GMs quarterly loss amounts to $15.5bn (£7.8bn). All other auto giants too are facing the crisis. Nissan reported a 42.8%...

Food and fuel scarcity is rising high day-by-day. There is a vast gap between the demand and supply of these necessary products. We need an urgent balance to check the fast growing inflation. For that, more of farmlands are required to grow food...

Is this the perfect storm of worldwide panic and desperation created by the financial, food and fuel crisis not to mention climate change or is it media hysteria or is it just a hiccup in the development of the world? When people ask what do we...

Only a few days back, I was involved in a fierce debate at the lunch table about how biodiesel might end up creating a problem rather than being a solution to the existing problem. The fact is the present biodiesel is mostly coming from crops and...

Despite a 75 per cent increase in gas prices this year, Americans have consumed 10 per cent more gasoline in the first half of this year. A ghastly discovery if one is to take note of the ever mounting fuel crisis. Can we blame the consumers for...