Posts Tagged ‘global economy’

Past the Eye of the Recession Storm: is this the ‘new normal?’

Sunday, November 1, 2009 20:54 By GSerrano

The eye of the recession storm is said to have passed. The world is now slowly recovering from the greatest economic bust since the Depression. The US says it has edged out of the economic meltdown, Australia is said to have survived the recession easiest and earliest.
Anyone who comes from a typhoon-riddled country could attest [...]

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Stop Saving the Billionaires!

Tuesday, March 31, 2009 3:57 By GSerrano

“Giving large sums of money to the very people who caused the problems in the first place seems very unwise, to put it mildly,” said Srichand P Hinduja, Chairman of the diversified Hinduja Group.
In an article in Forbes magazine, as a pre-G-20 London summit commentary, Hinduja said: “What we are witnessing is the trailer to [...]

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