In an Interview with IBTimes, Srinivas Thiruvadanthai explores the concept of balance sheet recessions and other factors that make the Great Recession so severe.
The tension in Korean peninsula is unlikely to subside as South Korean intelligence chief Won Sei-hon said the North is highly likely to attack again.
The holiday season welcomes these wintry conditions as many ski areas worldwide have opened doors for adventure travelers who wish to go on a ski holiday this year. Here’s a list of world’s most famous skiing spots one can visit to experience the “white” retreats of the season.
The global economic recovery had started losing momentum from mid-2010 and all the indicators point to weaker growth next year, said a report by United Nations (UN) on Wednesday.
The Stanford Law School and the Graduate School of Business have come together to drive the energy revolution forward through the establishment of the Steyer-Taylor Center for Energy Policy and Finance - an interdisciplinary center to study and advance the development and deployment of clean energy technologies through innovative policy and finance.
Graphics chip maker Nvidia unveiled its new graphics card - Nvidia NVS 300 -- for the enterprise sector that can support up to eight displays simultaneously while consuming minimal power, which is considered as a key factor in running multiple displays.
France and Germany, the two leading countries of the euro zone, may have intentionally engineered a competitive currency devaluation by pushing private investors to share the burden of future sovereign bailouts.
Decades ago, the United States had a huge competitive edge over the rest of the world. However, that advantage is slipping away and so are American jobs.
The U.S. government had been secretly sheltering Nazi war criminals for several years and has clashed with other nations over their fate, a 600-page report, which the Department of Justice has tried to keep hidden from the public, reveals.
Gold touched a 1-week high for Dollar investors but broke new all-time records for Euro and Sterling buyers on Tuesday morning, as industrial commodities slipped and the US currency rose against all competitors bar the Japanese Yen.
Federal prosecutors have indicted six people in a $32 million Internet collections scam that has snared 80 lawyers in Pennsylvania, Massachusetts, Alabama and Georgia.
USD/JPY tends to fall further as the session grows to Europe and given the market mood to stay prepared for more bad news from Portugal or Spain, likely in the coming days, the pair may only have a brief stop near 83.75 (S1), the 61.8 percent Fibonacci from late September levels. It could hold that level for the day.
Japan's economic conditions continued to worsen as unemployment rate rose in October and industrial production fell for the fifth consecutive month.
Many countries have taken it upon themselves to negotiate regional or bilateral trade agreements to match evolving economic realities as the multilateral Doha Round negotiations stall.
Japan on Monday dismissed immediate return to the table on Korea tensions as proposed by China. Officials in Tokyo maintained that the focus currently is on working 'closely' with South Korea and the United States.
Wikileaks documents reveal that U.S. Secretary of State in July 2009 sent a message to 33 US missions on UN reforms saying, International deliberations regarding UNSC expansion among key groups of countries: self-appointed frontrunners for permanent UNSC membership Brazil, Germany, India, and Japan.
The Bank of Japan (BoJ) Governor Masaaki Shirakawa said on Monday expanding the asset purchase fund could be an option if the economy worsens beyond the central bank's expectations, even as government data showed retails sales in October fell unexpectedly.
China on Sunday proposed an emergency meeting of all nations involved in the Six-Party Talks over North Korea in early December. Seoul responded immediately dismissing the resumption of talks as not timely. Meanwhile, South Korea had mistakenly fired an artillery shell towards the Demilitarized Zone (DMZ)
As the stock market focuses its gaze upon the holiday shopping season, two of the most prominent companies in the retail sector that may attract much attention are Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT).
As the fresh artillery attack by North Korea on the South tears apart the already divided Korean peninsula, travel agents fear this would have adverse effects on tourism in South Korea.
Japan's economic recovery showed some positive signs as inflation increased in October for the first time in almost 24 months.
The European Union is attempting to find alternate sources of rare earth mineral after China's exports of the mineral fell drastically last month.
