Like a slow build-up of some life-sucking slime, inflation numbers are appearing everywhere and getting more monstrous by the day. Start with an innocuous 1% gain in something like US export prices, you soon have a 45% somewhere else. Doomed?
The jump in benchmark yields on Fannie Mae mortgage-backed securities last week and the tightening of US rules on shorting large financial stocks are not unrelated. With the mortgage crisis reaching the bedrock of the mortgage credit system, any meaningful
Rising inflation in Asia threatens the hard-won gains made in the region since its financial crisis of a decade ago. A repeat of that meltdown is unlikely - at least for those countries willing to let their currencies strengthen. -
China's espionage program is well funded and its foot soldiers number in the thousands. More important, its targets are not well-defended government facilities and iconic structures, but poorly protected commercial technology secrets that feed America's economic and military advantage. (Jul
Citizen soldiers" of past American wars have been replaced by the "warfighters" of "Generation Kill" in what is routinely called the "the world's best military". But is this such a good thing? Just ask a German military veteran in a
With free-market capitalism turned into a gigantic Ponzi scheme, witness troubled mortgage guarantors Fannie Mae and Freddie Mac, the world is witnessing the collapse of the central banking regime that came into being in the US in 1913. At the
The Democratic nominee-in-waiting for the US presidency, Senator Barack Obama, received a lift from Iraqi Prime Minister Nuri al-Maliki as his war zone tour began. But Obama will find plenty of landmines along his route - Muhammad Cohen (Jul 21,
The Indian government faces a no confidence vote on Tuesday that could see it prematurely thrown out of power, the catalyst for discontent being Delhi's planned nuclear deal with the United States. There is however much more at stake: a
King Abdullah of Saudi Arabia has launched a conference in Madrid meant to open an unprecedented round of inter-faith dialogue between Muslims, Christians, Buddhists, Hindus, Sikhs and Jewish thinkers. The king's initiative hopes to assuage festering religious prejudices, but it
A perfect storm of enmity has come down on beleaguered Turkish secularists, leading to speculation that an Islamic putsch is possible, after the fashion of the 1979 revolution in Iran. The United States views this Islamic drift favorably, seeing Turkey
The expectations were high of progress being made at the weekend's talks between Iran and the six nations handling its nuclear file, especially as the US State Department had sent its third-ranking official. All that happened was "small talk" -
Can somebody from America answer me why we can not see the advertising on FOX and CNN? Why we always have to look at the weather or something else?I really can not understand what can be so secret with the
According to some scientist Bangkok will be under water in 10 - 15 years and it is really time to take that in before you invest in a Apartment or House in Bangkok. Bangkok is on the 13 on the