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The Last Post of 2008

December 31st, 2008 | 1 Comment | Posted in Current Issues, Opinions

As 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.

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Global Financial Crisis 2008: A Quick Review

October 24th, 2008 | 1 Comment | Posted in Current Issues, Opinions

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.

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Case Study: Zimbabwe’s Crisis

August 17th, 2008 | No Comments | Posted in Current Issues, Insights, Reviews

Alot of us have read about the on-going hyperinflation in Zimbabwe.

But how much do we actually know about it’s origin.? How this scary hyper inflation was born?

Recently, the Zimbabwe’s government has dropped some zeros from the currency, making it much more manageable. However this isn’t going to solve the problem.

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Where is the world economy heading?

July 16th, 2008 | No Comments | Posted in Current Issues, Insights, Opinions

Failure of IndyMac Bank, the following collateral damage to Freddie Mac (Federal Home Loan Mortgage Corporation) and Fannie Mae (Federal National Mortgage Association), the weakening US dollar, Wall Street’s straight fall, global stocks continues south, weakening sentiments and confidence of investors and consumers around the world.

I guess that kind of sums up the major economy climate across the world for the past week. I have not seen such huge economic corrections of such magnitude that has brought the whole world into a cloud of poor sentiments and uncertainty. I’d say that the current economy crisis is unprecedented in recent years.

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Inflation, Oil Prices, Credit Crunch and the Slumping Stock Market

June 19th, 2008 | 1 Comment | Posted in Reviews

With the amount of adverse business, finance and economics news that have been surfacing recently, one can’t help but wonder where the global economy is heading.

This is yet another piece of adverse news, worthy of attention which will probably make you start worrying a little if you haven’t got started already.(Especially if you’re an investor)

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