The sharp appreciation of the yuan against the Euro and the other currencies would make China think of depreciating the yuan against the dollar rather than expectations of appreciation by most non-Chinese Countries.The 15% Euro depreciation due to the Greek Contagion has had a devastating effect on low margin Chinese companies which run on paper […]

Pakistan started by banning Facebook as one of the pages had a cartoon drawing competition of one of Islam’s revered figures. A group of lawyers petitioned the court to ban the entire Facebook service and not just the particular page as Facebook was complicit indirectly for allowing the page to be hosted. The court to […]

A Chronology of the Greek Contagion 1) Markets get spooked by the Greek crisis ; IMF/EU  Bailout  deemed insufficient 2) European markets and risky assets take a might fall 3) Dow crashes 1000 points in 15 minutes 4) The European Bazooka is Unleashed with a lot of Fanfare;Merkel and Sarkozy declare “war” on speculators 5) […]

Conglomerates across the world have started signaling their attention to become big players in the Green Industry which is predicted to be one of the biggest in the coming decade.Samsung has planned a massive $21 billion spending over the next decade while Toshiba is entering into the Energy Storage Area. NEC a Japanese Zaibatsu which […]

Merkel and Sarkozy Declared War on Euro Speculators 2 weeks ago when they unleashed a massive $1 trillion bailout for the debt ridden “Club Med’ countries of the European Union.However that War seems to have been decisively won by the “speculators” with the Euro almost 5% lower than when the “War” was declared.The Market is […]

For some time I have noticed that European Union has been coming down very strong on anti trust actions and price fixing against technology companies . These fines  usually consist of a large monetary fine plus some provisions to prevent such actions in the future.However US and Asia have not been involved in such big […]