Simply, … Because Citigroup (now owned by the US government) posted a profit FTSE 100 3715.23up 172.83 4.88% Dax 3886.98up 194.95 5.28% Cac 40 2663.68up 144.39 5.73% Dow Jones 6926.49up 379.44 5.80% Nasdaq 1358.28up 89.64 7.07% BBC Global 30 4342.34up 182.62 4.40% BUT Worst crisis since 1930s says Fed IMF predicts a global recession And …
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Author:astraea
Planet melt down is exceeding estimates.
The IPCC’s estimates of sea-level rising are now expected to be significantly exceeded according to scientists at a climate change summit. The IPCC took a conservative perspective and used old data. Today, with new data and refined models the rise in sea-level is expected to be large and soon – about 3x the IPCC estimates. …
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Royalty free clipart and images
A great site for royalty free images and clipart. Good for presentations and other graphics. An openoffice.org addon is available too, so that you can source the whole collection on-line while editing your document. www.clker.com
Legalisation is the least bad solution: stop the drug wars and save money.
How to stop the drug wars – An unusual leader for The Economist, and perhaps a bit surprising in this economic crisis. But the arguments are sound. In a nutshell, prohibition doesn’t work, it rewards criminals, penalises poor farmers, and costs governments much money. Legalisation, though imperfect would save billions and allow governments to focus …
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Better than Google? Well open, cheaper and might be bigger …
The Internet Archive and Open Library are related projects to put books on-line. The inspiration and motivation behind them is seasoned entrepreneur Brewster Kahle. The project itself will prove to be a wonderful resource and it is being approached in the spirit of liberty of which the web was born. Unlike Google’s project, which will …
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12 year lows are rare
I don’t think that the economic contraction has ended yet, but there are signs of a bottoming out of some markets. The US market has been cleaning itself out for six months, though moral hazard remains as do some big skeletons (like the Madoff, Stanford …). The Fed Chairman is concerned about stagflation too. But …
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Friends mean money
Well, at least good social skills raise income. That’s according to a study correlating the number of friends at school with income. The underlying driver appears to be teh ability to get on with people. So while doing well in school helps, getting on with people is as important. This finding supports both the incentive …
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China’s NPC opens with some interesting indicators
China’s National People’s Congress opened today with a speech by Premier Wen Jiabao. While these presentations are usually quite unrevealing and perhaps a bit propagandist, some interesting things were said. There will be a continued push to stimulate the economy including a € 0.5 trillion investment package. But part of the bdget includes an increase …
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Which country has the greenest bailout?
Which country has the greenest bailout? You’ll be surprised. China scores very well, South Korea is top of the list in percentage terms, Europe is OK, but the US, which could do so well from an energy security perspective as well as an economic one, lags. See the handy FT graphic here in Which country …
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Don’t forget to breathe!
It might sound like a strange suggestion, but in this age we have become so disconnected from nature that it is sometimes necessary to remind ourselves how to live, even at the most basic level. A report linked here tells us how children with a sedentary lifestyle are more likely to develop asthma and generally …
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