Word: speculatione
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America's 16 intelligence agencies by and large consider chatter the most reliable intelligence there is. But they also need to constantly remind themselves that it is a blunt tool, often as confusing as it is illuminating. The day of the meltdown of the Chernobyl reactor in 1986, there was...
If it was not clear two weeks ago or even last week, the destruction of the economic and business sectors of the world is no longer inchoate. The speed of the destruction has left the realm of what people fear and has entered the domain of what they know. As...
Overnight futures trading suggested that Wall Street would open to less bearish trading than the sell-off that fueled its 4.24% loss Monday. But observers warned against looking to daily, weekly, or even monthly market activity for signs of where they or the stocks traded on them are headed. The...
That's bound to get worse. French Economy Minster Christine Lagarde on Monday said she expected France to suffer 300,000 job cuts in 2009 - a figure independent analysts says massively underestimates the figure they predict, which is closer to 900,000. Speculation is also rising that several central European...
These men would have once spent their days barking out orders for shares on the trading floor (actually a U-shaped conference table in a nondescript downtown office) of the Harare bourse, but Zimbabwe's central bank forced the exchange to shut down last November amid allegations of fraud and...