Financial Markets

Moscow
Just before Christmas in 1997, as a tumultuous stock-market crisis ravaged emerging markets in every corner of the globe, readers of the Wall Street Journal were treated to some good news: Russia was going to emerge from the mess unscathed. While conceding that “few debt markets outside Southeast Asia were hit harder by recent financial turmoil [...]

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Jason is alerting everyone who uses Facebook . . . beware – agree.
Is Facebook unethical, clueless or unlucky?
Location: CalaCompound, Brentwood, CA
Date/Time: December, 13th 2009 11:20AM
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Facebook proved again this week that they are either the most
unethical or clueless internet company in the world. An amazing
accomplishment since Facebook is also one of the most promising, and
certainly fastest [...]

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Rex Tillerson, Chairman & CEO, Exxon-Mobil Corp.  commenting on a wide range of energy/climate related issues.
Read it here.

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Letter From Kabul
What the United States Must Overcome in Afghanistan
Kim Barker
KIM BARKER is Edward R. Murrow Press Fellow at the Council on Foreign Relations.
Part I: Corruption
In his inauguration speech, Afghan President Hamid Karzai stressed the importance of the country’s fight against corruption and spoke of his commitment to ending “the culture of impunity and violations [...]

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A nice article that explores many areas . . . and captures some of the truth.
Organic mechanics
By Clive Cookson, Gillian Tett and Chris Cook, ft.com
Published: November 26 2009 21:43 | Last updated: November 26 2009 21:43

What do you call a financier in search of the iron laws of human behaviour? Answer: someone with a bad [...]

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Monday, Nov. 28, 1983
By John Greenwald;Barry Hillenbrand/Bahrain
Falling revenues force Persian Gulf states to curb their spending
For most of the past decade, the money flowed like oil from the local gushers. All told, nearly $1 trillion poured into the sparsely populated, energy-rich Arab states along the Persian Gulf.* Now that stream has dwindled sharply. This year [...]

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