One of the crowning achievements (if you can call that) of the current Government in India was the pact with USA which removed India from the list of nuclear pariahs allowing it access to nuclear technology and materials. India already has a number of nuclear plants and reactors which generate around 3-4% of the country‚Äôs […]

Japanese Government Gave the go ahead in restarting the nuclear power plants in the country after all the nuclear reactors were shut down post the Fukushima accident. Despite massive protests in the capital city of Tokyo where thousands of people took part, the government remained adamant with the PM dismissed them as noise. Note Germany […]

Bear Sterns was brought down as trading partners refused to provide short term funding to the bank.With Banks losing trust and faith in Bear Sterns solvency it was only a matter of time before it went bankrupt.The Spanish Banks are facing a situation somewhat similar though less acute than Bear Sterns did .Foreign Banks are […]