Recent crisis has aggravated many things and resulted in plants closure and lay offs. However , it has come to our attention that in france, french workers and union apparently ‘prevented’ their boss from leaving the negotiation grounds. So as to extract concession and favourable terms. More »
Tags: bossnap, france
Ahem, it has almost been 5 months since our last post. Supposedly we were to provide follow ups to the financial crisis, which appears to have shown tentative signs of recovery in recent months.
But alas, who could have forseen an outbreak of swine flu?
The current swine flu outbreak has caught our attention with its rapid and seemingly relentless spread. This wave of contagion has affected many countries across the globe. So much for a flat world, indeed!
The swine flu has been common among pigs, but this new strain of virus is posing a real threat to human with its apparently high human to human transmission capability. Its high virulence is due to the reassortment of human influenza and swine influenza viruses, presumably due to superinfection in an individual human (from wikipedia)
While health authorities scramble to contain the spread, it begs the questions - what caused it?
Was it years of poor farming practices and intensive pig farming? Or misuse of antibiotics and drugs that lead to new mutations?
Tags: global crisis, swine fluAs the world counts down to the last few seconds of 2008, it is not suprising that many have hoped for the better in the coming year.
Yet this hope seems far for the people of Israel and Palestine as a war currently ravages their lands.
2008 has been an eventful year indeed. With little doubt, making it to the top of the news have been the financial crisis.
The financial storm which swept across across the globe has definitely disrupted the lives of billions of people. The poor foundation and management of financial institutions and the failure of regulators has saw an unprecedented fall out of top economies. The full effects of the financial tsunami is believed to have not shown its ugly face, and is expected to manifest itself in 2009.
Thailand’s political situation has its share of the news headlines. The world witnessed the drama which unfolded in Bangkok, and has saw the short-lived terms of their prime ministers. How long will the current one last?
Beijing basked in full glory of the world for their stunning show for the 2008 Olympics. Yet not before having gones through the pains of the Sichuan Earthquake and its tainted milk scandal which has left the world mortified.
Last but not least, the United States has witnessed change. Relatively new in politics as compared to other candidates, Barack Obama has overcome all odds to achieve the huge believe and support from the people of America.
As a new dawn embraces America, hopes are high for president-elect Obama to resolve the mess which has crippled the global economy.
WIll 2009 be a better year for everyone?
I do sincerely wish so.
Tags: america, beijing olympics, china, economy, economy crisis, food scare, global financial crisis, obama barack, Politics, thailand
For the past one month, we lived in a period of great financial turmoil in recent history. Unfortunately, the torrent of bad news is not expected to end yet.
With the dust from the subprime mortgage crisis still unsettled, not all is known about the severity of the current financial fallout. With banks announcing further (and even further) write offs, and global liquidity on freeze, the end to the crisis is definitely not in sight.
Tags: economy, economy crisis, global financial crisis, global recession
While US mulls over its financial crisis, China is struggling to salvage their reputation as the their recent food scandal shocks the international community.
As you may have know by now, powdered milk were found laced with melamine, a type of industrial compound which is particularly harmful to infants and small children. Till now, four infants have died among some 53,000 ill.
This is not the first time that products from China were found to be unsafe. However, this time, the situation is particularly serious due to widespread contamination and health threat. This is because milk powder is a primary ingredient for many products. As such, many by-products made partly from milk-related ingredients sourced from China have been contaminated in the process. In addition, powdered milk has grown to become a necessity for non-breastfeeding mothers.
Tags: china, contamination, food scare
Within the past week, the world witnessed shocking drama on Wall Street.
Lehman Brothers filed for bankruptcy, aged 150.
Merrill Lynch sold itself to Bank of America at the age of 94.
As both events occurred on Monday, AIG seemed near to collapse under financial pressure.
No one must have envisaged one day that these banking giants would fail and one of the world’s largest insurance corporation on the verge of bankruptcy. Not until the collapse of Bear Stearns. Banks worldwide have suffered more than $500 billion of write-downs and loan losses since the global credit crisis began more than a year ago.
Tags: AIG, economy crisis, global financial crisis, Lehman Brothers, Merrill Lynch, subprime mortgage crisis
Bangkok Dangerous - The real stuff, not the movie
We saw over the past recent weeks the dramatic turn of events which unfolded in Thailand.
Anti-government protesters descended in front of the government house and blockaded several major airports, leaving foreigners stranded in the country as airports shut down their operations.
At one point, clashes broke out between them and pro-government activists. The violent clash between the opposing parties resulted in one death and prompted the Thailand Prime Minister, Samak Sundaravej to impose a state of emergency.
Tags: bangkok dangerous, Politics, samak, thailand, thaksin
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