Markets were back up to previous levels after a bailout package for Greece got an assent from the Germans and the IMF.But the condition of southern Europe continues to be precarious as unemployment continues to be high and the health of the whole European financial sector remains in a critical state. Spanish unemployment tops 20% […]

With Obama’s election there were lots of hope on the climate change issue with regards to the USA. Under the previous Republican administrations US was actively trying to kill each and every initiative on climate change , so it was assumed that Obama would change that . But except for token measures under ARRA , […]

Copenhagen was a disaster and there has been no agreement on how to proceed with policies on a global basis to deal with the ever growing problem of climate change and global warming. Its each country adopting its own policies and targets with reducing carbon emissions, which can only work on a local or at […]

EREC has released a  new report “Re-thinking 2050″ outlining the roadmap to make Europe 100% powered by renewable energy by 2050  . The report was released in the European parliament .While the report discusses a lot about the benefits  to getting to the objective,it has precious little on the specifics of the costs and policies […]

After two junk IPOs in the last 10 days in the Indian markets another one has come up.As I was refererring to in my last post I thought Nitesh Estates was a really low quality offering but Tarapur Transformers really takes the cake. It is raising around 125 crores at 50 times P/E and more […]

How do people invest in Indian real estate is beyond me. They are almost impossible to value, are mostly embroiled in cases,have short operating histories and a lot of them have dubious managment.Let me elaborate 1) I have not found a single brokerage report from the “sophisticated” banks that give any decent way to value […]