This weekend is an Indo-China weekend – it features India’s independence day and the Olympics in China. So, this weekend is probably the most appropriate time to discuss China and India.The American Media, especially the Financial Media, loves to use “Chindia” as a catch-all phrase. Why are food prices so high? Why are oil prices so high?…
On July 5, 2008, CNBC Management announced a change in their evening schedule: They replaced the daily 8 pm telecast of CNBC’s Fast Money, an aggressive risk-oriented trading show with a conservative personal finance show that preaches avoidance of risk.“It is a tenet of investing that the Business Press usually provides a reliable contrarian signal”…
Two weeks ago, we wrote a brief article about Snoop Dogg making a guest appearance in Akshay Kumar’s new film “Singh is Kingg” (see our article – “Snoop Dogg in Bollywood – In Akshay Kumar’s new film “Singh is Kingg” – August 2, 2008). The film is all about its star, Akshay Kumar and conclusively…
We thought our readers might like to know the most popular articles on our blog (in terms of viewer hits). These are: Iraq & Tibet – Strategic Will of the American and Chinese People – July 26, 2008 Erin Burnett’s One Hour Special On India – Truly Must Watch TV on CNBC – May 16,…
Today a great deal of media attention is focused on the North West Frontier Province (“NWFP“) of today’s Pakistan and the rapidly increasing control of the Taleban over this province. The New York Times is especially focused on this topic: Ragtag Taliban Show Tenacity in Afghanistan – August 4, 2008 Taliban Breached NATO Base in…
“Now the Pakistani Taleban are expanding their area of control in the settled areas of the North West Frontier Province (NWFP) and have reached Attock on the Indus river, which is really the cultural and social dividing line between Afghanistan-Central Asia and Punjab and the Indian subcontinent. This is a very dangerous development.” Said Journalist…
Who can forget the wit of Donald Rumsfeld and especially his question about all the “Stans”. Mr. Rumsfeld was joking about the fact that names of many countries in Central Asia featured “stan”as a suffix. You have to wonder whether Mr. Rumsfeld’s ignorance had a lot to do with the troubles America faces today in Afghanistan and Iraq….
We recall an article in the New York Times in late 2001 about US Special Forces trying to teach Baseball to Afghans. This was a part of Mr. Donald Rumsfeld’s campaign to win the hearts and minds of the Afghan people. This was a nice touch but probably not the ideal solution for that country. This…
One year ago, Jim Cramer went on a self-described “rant” against Ben Bernanke, the Federal Reserve Chairman, on CNBC. Just in case, you have not heard this “rant”, click on the YouTube clip below: I agreed with Cramer’s sentiments that day. He said what many of us wanted to say and he said it with…
Alan Greenspan, the Fed Chairman in 1994, was a completely different persona than Alan Greenspan, the Fed Chairman in 2004. Greenspan raised rates several times in 1994. He raised them unpredictably and in large increments. The financial markets, especially the bond markets, were totally unprepared for the decisiveness and the ferocity of the rate hikes….