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Iceland: the canary in the gold mine?
Oct 7 2008, Johann

Iceland has indeed bailed out Glitnir. But here’s the thing: Iceland’s credit default swaps are now suggesting that the sovereign itself is a distressed credit.Contracts on Iceland’s debt jumped to 17.5 percent upfront and 5 percent a year to protect...

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It happens only in India!! Or... The adventures of the Superbums
Aneez, Mumbai
It’s a bird! It’s a plane! It’s Superman! And... WTF! Who’s that familiar escort?? Is it.. ? Yes it is! It is the web-slinging babe! It’s...
Superman, Spiderwoman, Superheroes, Superbum
made popular 1 hr. ago
(0)
Can A Pakistani 7-year-old Say ‘Hindu Kutta’?
Noureen Nr, karachi
Mr. Sengupta alleges that a Pakistani National Security official and his wife raised a 7-year-old who said ‘Hindu Kutta’ to an Indian counterpart invited to dinner...
21st century, 7-year-old, 9/11, accusation
made popular 2 hr. ago
(0)
Bush visits finance officials, urges cooperation
AP, Washington
Global finance leaders are pledging cooperation between rich and poor nations to deal with a severe credit crisis after President Bush discussed the seriousness of the...
Finance, Meetings, Business, Global
made popular 20 hr. ago
(5)
Jose Canseco Busted For Steroids at the U.S.-Mexico Border By Federal Authorities
Oscar, Oaxaca
In news that will utterly shock you, baseball’s king of decency and humanity, Jose Canseco, has reportedly been busted at the US/Mexico border down near San Diego...
mexico, steroids, baseball, jose conseco
made popular Oct 11 2008
(6)
Hurricane Norbert Bears Down on Mexico's Baja California (Update4)
Oscar, Oaxaca
Hurricane Norbert’s winds strengthened to 165 kilometers (105 miles) per hour today as it continued on a track to strike Mexico’s Baja California peninsula...
mexico, hurricane norbert, baja california, Global
made popular Oct 11 2008
(38)
To Believe or not to. (Be). That is the question
Michael C, Lyon
This article is a big thank-you for all the inspiring comments on my last article (Meditation time, girls and boys). Those comments were gentle and moving, friendly and...
religion, philosophy, church, spirituality
made popular Oct 11 2008
(1)
Right-wing Zionists Smear Barack Obama
Marco Villa, Connecticut
Palestinian-American scholar Rashid Khalidi is being smeared along with Barack Obama by Zionist supporters of Israel in the United States. Although not all...
US Elections, US Right-wing Zionists, Rashid Khalidi
made popular Oct 11 2008
(0)
The Economic Crisis at George Mason University
Marco Villa, Connecticut
Feeling the economic crisis that has engulfed Wall Street and now increasingly Main Street, the state of Virginia has undertaken several cost-cutting measures in...
Economic Crisis, Crisis at George Mason University, US financial crises
made popular Oct 11 2008
(0)
The World Economic Crisis and the Syrian Economy
Mustafa Hamido, Aleppo
Prices are rocketing in Syria. All things has doubled its prices and maybe tripled. A quick view to the average of salaries in Syria and comparing it to the prices will...
Inflation in Syria, economic crisis in Syria, Syria Economy
made popular Oct 11 2008
(1)
China’s Concentration Camps
Bill Fitzgerald, Richmond, VA
Recently released video from NTD TV shows life on the inside of the notorious Masanjia Labor Camp, also known as “Ideology Education School of Liaoning Province”....
Masanjia Labor Camp, human rights, torture
made popular Oct 10 2008
(0)
Comrade Bush's Welcome to Socialism
Marco Villa, Connecticut
For years American President George Bush has been the object of amenity for Latin American socialist leaders and their supports as an imperial capitalist. But not so...
Bush, Economics, Socialism in Latin America
made popular Oct 10 2008
(1)
McCain Gets Desperate
Marco Villa, Connecticut
Republican Presidential Candidate John McCain is at his wits end. With the economic crisis dominating headlines and people thinking first and foremost about their...
John McCain, Barack Obama, US Election
made popular Oct 10 2008
(4)
Why the Bible excludes Muhammad
John, Kampala
The only purpose is to prove that the Bible we have today, IS NOT A FORGERY. It is the very same one as that which existed at the time of Prophet Muhammad, and which he...
Bible, Koran, muslims, christians
made popular Oct 10 2008
(0)
McCain and Obama's energy proposals
AP,
Republican John McCain: Favors increased offshore drilling and building 45 nuclear power reactors by 2030. Crystal Benton, speaking for McCain, said he proposes no...
Where, They, Stand, Energy
made popular Oct 9 2008
(1)
The Taliban's Return to Power
Marco Villa, Connecticut
I had previously reported on the efforts of Afghani President Hamid Karzai to negotiate a truce with the Taliban than would bring them into the government. I noted then...
Afghanistan, Taliban, War on Terror, Global
made popular Oct 9 2008
(0)
Follow the Geneva Conventions: Muslims Only Apply
Marco Villa, Connecticut
The Bush administration early on in its ‘War on Terror’ justified the extralegal detention of armed combatants on the grounds that such combatants had...
War on Terror, Bush administration, Afghanistan, Geneva Conventions
made popular Oct 9 2008
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Sarah Palin Calls Afghanistan 'Neighboring Country'
Marco Villa, Connecticut
Republican Vice-President candidate Sarah Palin demonstrated once more her profound ignorance of the world stage. After previously insisting to no avail that she had...
Sarah Palin, U.S. Election, Global, United States
made popular Oct 9 2008
(7)
Hand Gesture Candles from Atelier WM
Deepa, mumbai
L’atelier WM is a a group of young artists founded in Paris in 2008. They have a line of colorful candles, both in looks and attitude. Hands making gestures cast...
candles, art, Global
made popular Oct 8 2008
(0)
Now That's Not FAIR, Take Two
Marco Villa, Connecticut
The following post was inspired by a previous instablogs post on the efforts of Indian women attempting to achieve whiter skin through advertised products. I thought...
Arabs, Middle East, Culture
made popular Oct 8 2008
(0)
The Saudi [Im]moral Police
Marco Villa, Connecticut
Few nations are as tyrannical as the Kingdom of Saudi Arabia. The Kingdom’s official ideology ad-hears to a radical off-shout from the already conservative...
Saudi Arabia, Islamic Fundamentalists, Global
made popular Oct 8 2008
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Better tax-GDP ratio helping increase outlays: FM
K.Ramesh Babu, Chennai
Finance Minister P Chidambaram said on 29 April the improvement in tax-GDP ratio has given enough money to the Centre to vastly increase outlays.
GDP, India, Tax, GDP-Tax ratio
made popular Apr 29 2008
(1)
RP's tourism to employ 3.5 M workers for 2008
Maynard, Manila
The Philippine local tourism industry is expected to generate over P636 billion in earnings and 3.5 million new jobs this year, the Department of Tourism (DOT)...
RP, Tourism, Ace Durano, Jobs
made popular Mar 27 2008
(0)
Unveiling Turkey’s uncalculated richness
Adem, Ankara
The Turkish Statistics Institute (TurkStat) has already announced the “new” gross domestic product (GDP) accounts, aiming at revising the extension of national...
GDP, YTL, Uncalculated richness, Business
made popular Mar 12 2008
(0)
Can India maintain its accelerating economic growth rate?
Arpita Mukherjee, Kolkata
The term ‘Hindu rate of growth’ was coined to describe the sluggish growth rate in GDP during the first few decades after independence. The Hindu rate was an...
GDP, Central Statistical Orgaization, Indian economy, Global
made popular Feb 16 2008
(0)
Are slumping Industrial output, Core Industries pulling down economic growth?
Pratyush, New Delhi
Is Indian economy is going down now? This was a million-dollar question that raised when market experts saw the negative growth patterns in industrial output report...
Industrial Growth, GDP, IIP, Indian Economy
made popular Nov 14 2007
(0)
No Indian city has water 24-hr a day: Report
Pratyush, New Delhi
India is now experiencing the Infrastructure boom across the country like never before. Several projects are about to be finished and several are being geared up for...
China, Infrastructure development, Indian Cities, Planning commission
made popular Nov 5 2007
(0)
PM's Economic Advisory Council predicts growth rate over 9% this fiscal
Pratyush, New Delhi
India is waiting for normal Monsoon to register the GDP growth of 9 percent in this fiscal year. According to the report prepared by Prime Minister’s Economic...
GDP, Economic Advisory Council, C Rangarajan, Global
made popular Jul 17 2007
(0)
Indian economy booming but what about India?
Pratyush, New Delhi
The high-profile post holders in government offices in North block and South block are busy showing the data on papers that Indian economy is going up with greater pace...
Indian Poor people, India shining, GDP, Legatum Global Prosperity Index
made popular Jul 7 2007
(0)
Japan Economy Grows 3.3%, beatS all assumptions
Rahul, Shimla
Japan economy’s first quarter results exceed more than the government expectation as companies spending rose higher-than-expected. Japan’s economy enlarges...
Japan economy, GDP, Capital investment, Business
made popular Jun 11 2007
(0)
US economic growth slows to weakest in four years
Balendu, Delhi
The US economy slowed down sharply while inflation accelerated in the first three months of the year, the government reported on Friday, again sparking off anxiety that...
US Economy, GDP, Recession Fear, Business
made popular Apr 28 2007
(0)
US economic growth continues to limp due to sluggish investment, housing
Balendu, Delhi
US economic growth was moderately stronger in the fourth quarter than previously anticipated, mainly as businesses added more to inventories than was expected a month...
US Economy, Housing Sector, GDP, Business
made popular Mar 30 2007
(0)
1/3 of 860 center's projects become white elephants, cost goes up to 9% of original
Pratyush, New Delhi
India has achieved more than 9% GDP growth in last financial year but still several government projects are running behind the scheduled time and creating hurdles in...
GDP, Government Projects, Indian railways, Global
made popular Mar 17 2007
(0)
Employment opportunities declining in industrial sector
Pratyush, New Delhi
Indian economy has registered more than 9% GDP growth and the media is busy projecting India as fast developing country. But the biggest question is that where are the...
FICCI, NSSO, ITIs, ITCs
made popular Feb 28 2007
(0)
GDP growing by 9% & set to cross $1 trillion mark next year: RBI
Pratyush, New Delhi
India’s economy is going great and is ready to post a sustained 9 per cent annual growth rate. India’s Gross domestic product is expected to cross the $1...
Economic Growth, rakesh Mohan, GDP, RBI
made popular Feb 26 2007
(0)
42 years from now, India will be ahead of US: Goldman Sachs Global Research
Pratyush, New Delhi
If the recent growth of productivity level will be maintained it would help India to sustain the 8% growth until 2020. By that year, India will be emerged as the second...
Goldman Sachs' research arm, BRIC Report, US, Japan
made popular Jan 24 2007
(0)
India gaining investor's confidence from all around globe: Kamal Nath
Pratyush, New Delhi
India, with its great pace of economic growth, is attracting investments in various sectors from different global investors. India is performing better with great...
Foreign Investments, FDI, FII, GDP
made popular Jan 18 2007
(0)
Accept rise of India, China, PM asks western part of World
Pratyush, New Delhi
‘Accept India and China as emerging power’ Prime Minister Manmohan Singh has said to the Western part of the world. He said that the global institutions to...
Manmohan Singh, China, UN, UNSC
made popular Dec 7 2006
(3)
US Congress to tax Virtual-world economy
Yashpal, Shimla
The virtual economy is growing so fiercely that it has drawn attention of economists all over the world. US govt is also one of them who is trying to entrap the virtual...
U.S. Congressional Committee, Virtual world, Taxation, GDP
made popular Oct 18 2006
(0)
The 1.87% that rules over 1020 million Indians, spends 30% of GDP
Pratyush, New Delhi
Indian bureaucracy is said be a ‘white elephant’ some times. If India ranks 83rd in the list of most corrupt country, in the world and scores only 28 out of...
Indian Bureaucracy, Transparency International Ranking, Organizer, GDP
made popular Jul 5 2006
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ADVANCE FOR SEPT. 9; graphic shows the gross domestic product deflator and the consumer price index;

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