Revisiting Greenspan's conundrumPERHAPS the ?conundrum? has disappeared, at least in one country. Back in 2005, Alan Greenspan, then chairman of the Federal Reserve, used that word to describe the strange behaviour of bond yields. Even though the Fed had been
Countries with high rates of inflation are seeing their currencies batteredAfter years of looking leniently on countries with inflationary problems, currency markets are now starting to punish some of the most conspicuous failures. Countries as disparate as Turkey, South Africa
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Since the the immense tragedy caused by the earthquake last week, many Chinese citizens have urged the government to lower the national flag to half-mast and suspend Olympic torch relay celebrations. Now these voices are being heard. For the first
From AFP:The chairman of Taiwan's incoming ruling Kuomintang (KMT) is planning to visit China on an invitation from Chinese President Hu Jintao, the party said Saturday."Chairman Wu Poh-hsiung will give condolences on behalf of the KMT and Taiwan over the
From the Shanghaiist blog:It's early Monday morning and the China twitterati are abuzz with the news that all major Chinese web sites have been ordered to shutdown for the three days of national mourning which begins today. Here is an
it receives an apology for what it said were allegations of involvement in the London murder of the former FSB defector and Kremlin critic Alexander Litvinenko, news agency RIA Novosti reported.
PR-inside.com) CAIRO, Egypt (AP) - Osama bin Laden released a new message Sunday denouncing Arab leaders for sacrificing the Palestinians. He singled out the head of Shiite Hezbollah, saying he really did not have the strength to take on Israel.
