The Copenhagen Climate Change Conference 2009 is a world meeting of nations under the United Nations Framework Convention on Climate Change. The purpose of the meet is to

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Europe’s biggest carmaker, Volkswagen, will soon takeover Porsche after the Porsche CEO, Wendelin Wiedeking, resigned from his position on Thursday. The takeover deal is supposed to be worth $11.3 Billion.

The surprising aspect in this deal is that for the past few years, it was Porsche who was steadily and strongly increasing its efforts to takeover Volkswagen even with Volkswagen being 16 times the size of Porsche. continue

(This post is contributed by another guest strater who wrote to us on contribute@strat.in . The author is an IIMC alumnus currently working in the US. The post is a strat.in SPECIAL about the measures taken by the US government to tackle the recession.) continue

“You can’t fool all the people all the time.” Or so the saying goes. The question is can the American government swindle money from a billion people?

It probably can – China holds about $ 1.95 trillion in Forex reserves. An estimated $ 700 billion is in US government bonds. So what? continue

Yes, a lot of us in this world faced the brunt of the recession. But little did we know that this was predicted way back in 2006.

Peter Schiff, an American Economic Commentator, had predicted the recession, and its exact cause, in 2006, while he was just laughed off, by a lot of other speculators. At that point of time there was just a speculation of a recession, but it was just a minority that felt so. What is interesting is not just that Peter Schiff predicted the recession, but the accuracy with which he predicted things. continue

Would you believe that the East has become the victim of imperialism twice?
“Imperialism : The policy of extending a nation’s authority by territorial acquisition or by the establishment of economic and political hegemony over other nations.”

The First Time:
This was the time when a Technologically superior British army swept though and colonized large regions and siphoned of large amount of gold and other precious resources from its colonies. What do you think they did with the gold? They funded production of goods. To put it simply, the rest of the world was funding the production in Britain. At times they were paying to produce and then buying it as well. This was the economic hegemony propagated during the 19th century. continue

Over the past one week there has been a lot of hype over the Stress Test results for US Banks. The results were declared on 7th May and created an immediate uproar in the markets. The results were quite reassuring with US Banks requiring $75 billion in additional capital. continue

Our world has been changed quite drastically over the past 1.5 years. The recession changes everything, it brings down packages, brings down companies, brings down even countries! It reverses many trends but the trend it changed in Indian IT industrt has me surprised. Today’s edition of Economic Times has 2 stories that project 2 different trajectories. continue