China has recently been in the news over Internet Espionage on defense and sensitive installations in India and USA. This has led to the high profile exit of Google from China.Recently a Canadian research organization revealed/allegedĀ  how Chinese govt backed hackers had broken into Indian embassy and government computers.This has made the Indian government wary […]

Good news for the Bailout Cheerleading Gang as the top German Court refused to block the emergency aid to Greece which had been approved by the Legislature on Friday. Top Economists of Germany which had filed a petition to block the aid as it violated the EU Charter failed in persuading the court to stop […]

The last 2 weeks market gyrations have had their effect on the PIIGS. The rising interest rate on their bonds and the consequent effect on their economies is making the politicians sit up and take notice.While Merkel and Sarkozy the leaders of the 2 biggest EU countries play the “bad cop” routine of short squeezing […]

Last week the markets were hammered due to the spreading of the Greek contagion with Euro falling , sovereign debt CDS of the PIIGS increasing daily and markets dropping at a frightening pace. Give this backdrop you would expect some sort of a Weekend Measure from the EU which has come in this form of […]

Green IPO’s which were being planned with the recovery in the world economy and renewed interest by investors have shuddered to a halt.The European debt problems has put a question mark whether the governments which are the prime drivers of green companies can continue their support. This combined with the market gyrations which are being […]

Greece was given an aid package by EU-IMF to contain any contagion effects but looks like it has failed miserably.No one knows how this one will play out whether the Euro will be dissolved or the countries in question will default/haircut or something new which no one has thought of yet . TheĀ  huge amount […]