The Short and Simple Story of the Credit Crisis by Jonathan Jarvis.
[vimeo http://vimeo.com/3261363 w=570&h=325]
Category: Business
The film has been sharply criticised as “poverty porn”. Well-respected local filmmakers have described the film as titillating western audiences with its portrayal of slum life. “It’s nothing but a mediocre Bollywood film, which has used references from several Hindi films very smartly,” …
Read the article: ‘Slumdog’ Oscar success divides India
China is taking advantage of the economic downturn to go on a major shopping spree, investing in energy and other natural resources that could give it an economic advantage it has never had before.
Read the article: China invests US$41 billion in one month
Governments around the world are grappling with some of the toughest decisions faced in generations. In severe recession, they are collectively considering as much as $4,500bn (€3,600bn, £3,200bn) in stimulus investments.
Read the article: Smart ways to prepare for a world beyond recession
So how should we make a decision? The key is something called metacognition, or thinking about thinking. Because the mind is like a Swiss Army knife – it’s stuffed full of different mental tools, each of which is well-suited to a specific situation – it’s essential that we learn how to adjust our thought process to the task at hand.
Read the article: Decision time
In an unprecedented space collision, a commercial Iridium communications satellite and a defunct Russian satellite ran into each other Tuesday above northern Siberia, creating a cloud of wreckage, officials said today. The international space station does not appear to be threatened by the debris, they said, but it’s not yet clear whether it poses a risk to any other military or civilian satellites.
Read the article: U.S. and Russian satellites collide
Over the past two decades, the United States and China have developed a special relationship based on the safety of U.S. debt.
Read the article: Why China Needs US Debt
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The Printed Blog
Unlike traditional newspapers that hire journalists to report news, The Printed Blog newspaper only republishes content and photographs from blogs with permission from the actual authors.
Read the article: This Printed Newspaper Is Made of Blogs Only
A senior Pakistani official has admitted for the first time that last year’s attacks in the Indian city of Mumbai were partly planned in Pakistan.
Read the article: Pakistan admits India attack link
No one knows how bad things have become, though it is clear that tens of thousands have left, real estate prices have crashed and scores of Dubai’s major construction projects have been suspended or canceled. But with the government unwilling to provide data, rumors are bound to flourish, damaging confidence and further undermining the economy.
Read the article: Laid-Off Foreigners Flee as Dubai Spirals Down