North Korea’s Appalling Food Shortage [VIDEOS]
Bad economy in most countries means the lack of benefits and job security for many and homelessness for a few. In North Korea, it means starvation/malnutrition for a substantial segment of the population.
Euro’s rally against dollar reverses, concerns over EU debt back in play
Last Thursday, the president of the European Central Bank (ECB) Jean-Claude Trichet vowed “strong vigilance” over inflation and said a rate hike is possible at the next meeting.
Tiger vs Lion in Ankara Zoo: Who Won?
If a tiger (king of the jungle) were to fight a lion (king of the prairie), who would win?
Does the market not care about the European debt crisis?
The market doesn't seem to care about the European debt crisis right now.
Why the US dollar is falling despite the Middle East unrest
Recently, the US dollar has lost ground against most G10 currencies, including the euro, despite fears over the Middle East revolts.
Gaddafi negotiating his exile, wants his safety guaranteed: Asharq Alawsat
Libya leader Muammar Gaddafi has told the opposition government that he’s willing to give up power and leave the country if the safety of him and his family is guaranteed.
Women think men with low voices cheat more: study
Men with low voices cheat more, and women realize this fact, according to a study led by Jill O'Connor of McMaster University. The study appeared in Evolutionary Psychology and tackles the subject purely from an evolutionary perspective.
“Life on Earth may have come from other planets”: NASA scientist [PHOTOS]
“Life on Earth may [actually] have come from other planets,” stated an article in The Journal of Cosmology based on the findings of Dr. Richard B. Hoover.
China's Jasmine Revolution protests just 1 of 100,000 per year
Each year, China faces 100,000 protests, said Elizabeth Economy, Director of Asia Studies at the Council on Foreign Relations.
Gold Rally Shows Investor Discomfort with Dollar and Euro: Greenspan
Against gold, the US dollar has been falling rapidly in recent years, which betrays some investors' lack of confidence in the currency.
Marc Chandler: In Defense of the US Dollar
After the financial crisis, US dollar-bashing has become en vogue. Marc Chandler, however, has emerged as a defender of the US dollar and “empire,” as he calls it.
The World’s Most Typical Person, by National Geographic [VIDEO]
The National Geographic has found the characteristics (and composite picture) of the most typical human being on earth.
What's John Paulson's next big move?
What's next for John Paulson, the man who brilliantly bet against the subprime mortgage market?
China to expand yuan settlement program for exporters
China will further expand its yuan settlement program for exporters across the country, reported the People’s Daily, citing a statement from the central bank. At the end of last year, 67,000 exporters already participated in the program.
Bill Gross: who will buy Treasuries when QE2 stops?
Bill Gross of PIMCO is concerned for the US government. To him, the big question is who will buy US Treasuries (i.e. lend to the US government) once the Federal Reserve stops QE2.
Gold rally reflects bad situation for the US economy: Malpass
The tremendous rally in gold is a reflection of the poor job the Federal Reserve is doing and the market’s lack of confidence in the central bank and the US, said David Malpass, president of Encima Global, on Bloomberg TV.
Marijuana use causes psychosis in adolescents: BMJ
Marijuana use in adolescents causes psychosis, according to a paper that appeared in the British Medical Journal (BMJ). This piece of research is significant in that it addresses a key question: in adolescents, is the higher-than-average instances of psychosis with marijuana users a cause-and-effect relationship or simply one of correlation?
Warren Buffett: If you jump off a 50-story building, you eventually hit the ground
“When inflation gets started, you don't particularly notice it,” said billionaire investor Warren Buffett on CNBC. “It's like a guy jumping out of a 50-story building. The first 45 stories he doesn't really notice a lot of changes in his circumstances. But eventually, [he hits] the ground.
China to allow all trades to settle in yuan, encourages use as reserve currency
China aims to allow all exporters and importers to settle cross-border trades in its currency the yuan by 2011, according to Chinese central bank, reported Reuters.
Saudi Arabia stock market drops 6.78 pct, minority cleric arrested
On Tuesday, fears of unrest intensified in Saudi Arabia as authorities arrested a prominent Shiite cleric who called for political reforms and an end to discrimination in a sermon.
Bernanke testimony: QE2 is working well
Federal Reserve Chairman Ben Bernanke said both rounds of quantitative easing (QE1 and QE2) are working well, in the question and answer session of his testimony to Congress.
Bernanke says don’t worry about inflation: testimony
Federal Reserve Chairman Ben Bernanke remains unconcerned about inflation - perhaps rightly so - at a testimony in front of US lawmakers on Tuesday.
Bernanke Testimony, March 1, To Congress [FULL TEXT]
Federal Reserve Chairman Ben Bernanke's testimony to Congress on March 1, 2011.
We see evidence of “self-sustaining recovery”: Bernanke
“We have seen increased evidence that a self-sustaining recovery in consumer and business spending may be taking hold,” said Federal Reserve Chairman Ben Bernanke in a testimony to Congress.
Why natural resources give Canada a key advantage
What's the secret to Canada's success? A major one is natural resources
10 Mideast Stock Markets Pummeled by Unrest
The Middle East unrest has been bad for the global markets. The following are stock markets that have been pummeled by the Middle East revolts; unrest either happened there or is expected to happen in the future.
Shadow inventory still depressing the housing market: NAR
The elevated level of shadow inventory of distressed homes still depresses the housing market, said Lawrence Yun, chief economist of the National Association of Realtors (NAR).
Fears over Middle East unrest continue to subside, markets poised to resume upswing
Fears over the Middle East unrest have continued to subside. Monday’s markets, which struck a mildly positive tone, indicate that it is ready to move on from the waves of protests of the Middle East.
Are the markets past the Middle East unrest?
Are the global markets past the Middle East unrest? The answer is probably yes.
Inflation Debate Rages in UK, while lone hawk retires in US
The inflation debate is raging in the UK among policy makers. Meanwhile, the only inflation hawk and dissenting voter on the Federal Open Market Committee (FOMC), Thomas Hoenig, is no longer a voting member this year.