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...easy to blame, and the blaming has the benefit of being accurate. They created the financial instruments that helped bring the global economy to its knees and sold them to institutions all over the world. The world is going to be hell for financial firms operating anywhere in the largest nations in the world. They will be regulated at unprecedented levels. (See pictures of the G-20 protests...
...area where there is the largest division among the nations is clearly in the amount of GDP that should be thrown into stimulus measures to create jobs, support financial firms, and build consumer demand. The US is the radical on the issue saying that its Treasury is "all in" and will raise whatever money is necessary to fix its economy and reverse job losses. Nations like Germany and France think the approach is irresponsible, and they may not have the credit ratings and access to global capital that the US does, which makes the disagreement academic...
...sales handset industry. Providing the operating software and other key components for wireless devices is almost certainly the next big thing for tech companies from Google to Yahoo (YHOO) to Microsoft to Adobe (ADBE). Trying to milk more money out of the PC gets harder and harder. For the largest companies in the industry, it has become a zero sum game. (See pictures of the 50 best websites...
This year, the North Atlantic Treaty Organization, the world’s largest and most powerful military alliance, will celebrate its 60th birthday. Since 1949, NATO has provided for the collective defense of the United States, Canada, and their European partners. Today, NATO’s 26 member nations collectively contribute millions of troops, trillions of dollars of material and services, and entire libraries of intelligence information to a central command in Brussels, Belgium, while NATO military units are involved in regional security and peacekeeping developments in the Western Balkans, the Gulf of Aden, and Afghanistan...
...goes, never get into a war with a people who live in a half-hour time zone. The reference is usually to Afghanistan, a country no one has ever been able to subdue, for long at least. And it's even more true for the Pashtun, the country's largest ethnic group, who don't seem to live in any time zone at all. Last week the Obama Administration didn't propose going to war with the Pashtun. But a larger American presence in Afghanistan, and the Obama Administration's focus on the Taliban and al-Qaeda elements...