The sad face of defeated PM Taro Aso is not there for no reason.
He’s just lost a landslide election.
Things are looking up in Japan as newly elected leader Yukio Hatoyama is transitioning to power.
The Nikkei rocketed and an almost Obama-esque feeling of hope is enveloping the land of the rising sun.
About time too.
Now there is [...]
My dear mother quoted my grandfather this morning:
“If you want to reach the fount, you’ll have to strive against the current.”
I remember him saying this to me a lot when I was little.
Taking it to heart, knowing his great strives and knowing full well how right he was.
My mother too was very brave. And my [...]
…can anyone really socialize America?
According to government stats USA life expectancy is the highest ever at now 77.9 years. Even though the rates are still a lot lower than in other developed nations it still begging the question: HOW? Considering their lifestyle related diseases and far too costly and crooked health system (when and where applicable) to me this [...]
£75bn extra quantitative easing had originally been suggested by the governor of the Bank of England.
A measly £50bn were granted though as Mervyn King and his two merry men were outvoted by the six other members of the committee, bringing the actual QE programme now to £175bn.
This QE or rather throwing fresh money at the [...]
Reader’s Digest is expected to file for bancruptcy under Chapter 11 soon.
My grandmother loved it and to me it has been always quintessential Americana. Diluted these last years, to be sure, sadly. $2.2 billion debt. Bought by Ripplewood Holdings in 2007. I do hope that there is a chance to restructure. Even if you are [...]
Thanks to China Japan seems on the mend and Middle Kingdom’s Sovereign Wealth Fund is right now considering buying up to $2 billion in U.S. mortgage securities under the U.S. Treasury backed Public Private Investment Plan. Clever and state of the art Guanxi and especially Renqing . Watch and learn.
The picante story is told in few sentences: reputed yet troubled private bank Sal. Oppenheim is looking to save itself through a deal with Deutsche Bank.
Deutsche Bank likes the idea as of the ultra-rich clients in Sal. Oppenheim’s portfolio. One of them, through investment with Sal. Oppenheim owned BHF-Bank seems to be the peace [...]
They were thought to be more or less invincible and resistant to any known treatment, but a way has been found to terminate cancer stem cells. Piyush Gupta, researcher at the Broad Institute in Boston, Massachusetts: “We’ve shown it can be done.”
Even if it may take many years before Salinomycin could be widely available [...]
