The Global Financial Crisis is truly global in its character of inflicting misery and impoverishment amongst workers.Bangladesh and US which are two highly disparate countries in almost every sense are now facing a common problem.Unemployment and low wages is becoming a big headache for policymakers in both countries.US is facing more long term unemployment since […]

Green Energy has increasingly become mainstream rather than a niche category supported by some environmental activists and hippies.This is proved by the fact that almost half of the Energy Capacity installed in 2009 in the developed world came from Renewable Energy Sources.According to a REN21 report, Europe and US saw more Renewable Energy installations in […]

Fannie Mae and Freddie Mac a cesspool of Corruption and Waste Fannie and Freddie Mae which would long have gone bankrupt after the Lehman crisis had it not been for the unlimited credit linesĀ  from the US Treasury.These two firms which are now 80% owned by the US government have already lost a massive $160 […]

US Export Import Bank (Exim) is a government owned financial institution which helps support US trade through credit financing of exports/imports of US companies.The Bank is also an instrument of US government policy which supports renewable energy and acts against climate change.However its recent policy actions have been criticized heavily by environmental groups for supporting […]

LG and Samsung have already committed themselves to billion dollar investments into crystalline solar manufacturing.Not to be left behind South Korea’s Hyundai Industries which is known more for its cars,is also making a big push into the Green Energy Space.Like its South Korean peers,Hyundai is also preferring to enter this space through Solar Energy.Hyundai has […]

Landmark Nuclear Deal between US and India removes India’s pariah status The landmark Nuclear Energy deal signed between USA and India was supposed to herald the entry of India into a new Nuclear Age and remove the pariah status.India’s Pokhran nuclear tests in 1998 had led to international condemnation and nuclear sanctions as well as […]