Good to be Green? Chinese Banks Don't Think So Written By: Eben Esterhuizen 2008-01-22 01:55:10
Stock markets have been catching up to reality over the last few sessions. Up until recently there had been an argument that even if the U.S. economy performed poorly, there would be a decoupling and other countries would be alright. This assumption is now being questioned, leading to a global market meltdown.
Greenback Intervention Ideas Inspired by NyQuil Written By: Eben Esterhuizen 2008-04-17 00:48:39
"Since our last meeting, there have been at times sharp fluctuations in major currencies, and we are concerned about their possible implications for economic and financial stability," says the statement from this weekend's G7 meeting.
Happy New Year for Solar? Written By: Eben Esterhuizen 2008-01-09 22:52:43 Photo:niznoz, Creative Commons, Flickr
Happy new year! May the good fortune bore you in 2008.
How Nerds Can Help America's Economy Written By: Eben Esterhuizen 2008-08-05 14:15:25
While the twentieth century had the arms race, the competition in this century will be a brains race, and it looks like America is falling behind.
"Although the United States continues to possess the world's strongest science and engineering enterprise, its position is jeopardized both by evolving weakness at home and by growing strength abroad," said a recent National Academy of Sciences report.
The report found that U.S. funding of "research in most physical sciences, mathematics, and engineering has declined or remained flat — in real purchasing power — for several decades." The report also argued that leadership in high-energy physics, a U.S. franchise since the Manhattan Project built the atomic bomb, is shifting overseas.
Beginning in 2007, the most powerful particle accelerator on Earth will be outside the USA for the first time in decades. Similarly, U.S. scientists complain that fusion reactor tests and underground physics labs needed to stay ahead in the most cutting-edge areas are all overseas.
How to Become the Vice President of the World Bank Written By: Eben Esterhuizen 2008-02-07 21:25:21 Photo:bbaltimore, Creative Commons, Flickr
Ever wanted to know more about "Financial Engineering" and "Leverage"? The following story captures the essence of these disciplines: