All last week it felt as if the sky was finally falling on Wall Street. Socialists around the world were ecstatic over what they perceived to be the final downfall of...

Seven years after 9/11, we witness another, greater and even more enjoyable collapse, that of the American financial pyramid. It took some twenty years in building; its...

The massive stock market crash of the 1930’s and the consequent human suffering can’t happen again, can it ? I am quite disgusted at the ways in which the...

PARIS: Many economists believe that investors make decisions rationally, weighing up corporate data and other pricing signals to evaluate gain or risk before buying or...

As the US government announced a bail out package for the mortgage giants Fannie Mae and Freddie Mac, real fears of a large bank going bust soon crept in. With New...

With the RBI’s announcement regarding the hike of the repo rate as well as the CRR ratio, it came as little surprise that the Sensex turned even more volatile in...

In a way it captures the irony of our times. Isn’t it a bit strange that Saudi Arabia, the perceived beneficiary of the relentless oil price hike, should host a...