Ford pulled a very pleasant surprise amidst the crippling recession and ‘the worst market for American car manufacturers.’ The company is finally profitable, having recently reported a $1 billion profit for the third quarter period. It predicts to be “solidly profitable” in 2011.
Ford has had some dependable strategies and standard reasons such as cost-cutting, layoffs, [...]

There have been many explanations formed to render a clearer picture as to why the current global recession occurred after the burst of the housing bubble: ‘interest rates were too low, regulation failed, rising real-estate prices induced a sort of temporary insanity in America’s middle class.’ However, social analysts have found a more profound explanation [...]

Reports and sources are hinting that Obama will concede to demand of Gen. Stanley Mc Chrystal and send nearly 40,000 more troops to Afghanistan and that too with plans of longer stay. White House has denied the reports about any such decision.
With war situation worsening in Afghanistan and number of casualties going higher every passing [...]

Recession seems to be looming large on everyone’s mind. Even a brand like Volkswagen has decided to talk about value for money. Instead of emphasizing on luxury, comfort, design and speed their latest Banknote campaign talks straight about money and savings. They have actually used banknotes of different denominations and stamped them with different distances [...]

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 [...]

Because of the global recession that is said to affect the world’s poorest the most, the International Monetary Fund is in focus once again. The crisis has brought it back from the dead. ‘Two years ago the world’s main international economic institution was heading for irrelevance, its homilies ignored by rich countries, its advice despised [...]

Foreign business investors are finding it still difficult to ever do business in China, in spite of the hope that it is China that will pull the world out of the recession.
Foreign business isn’t exactly booming in China. “China accounts for less than 2% of the global sales of drugs giants such as Pfizer, AstraZeneca [...]

One of the upsides of the recession is the impending end of the era of male dominance. Men who are more manly than their sex due to culturally-ascribed social norms of gender have been running the world for the longest time. Male dominance has had its supreme reign. Now, hard times bring about the death [...]

After several postponements, Beyonce’s Kuala Lumpur concert has been finally cancelled. The country asserts that its Muslim rules will be disrespected by the pop singer’s skimpy stage outfits and raunchy stage antics.
It’s not the first time that the country figures in global headlines for some controversial stuff. Malaysia has had ‘sodomy trials involving former finance [...]

The world’s largest restaurant chain opened its first franchise store in Iceland in 1993, with then Prime Minister David Oddsson being the ‘first person on the island to consume a Big Mac.’ The island’s three McDonald’s restaurants will close at the end of the month after suffering profit losses due to the collapse of the [...]