Dilemma X

Greece to hold new elections The announcement comes as the Greek debt crisis threatens the stability of the European Union’s single currency. The political instability has raised the possibility that Greece will fail to make debt payments as early as next month, potentially forcing the country out of the euro, the currency used by 17 […]

What does a city’s skyline represent? The new One World Trade Center : Not America’s tallest building, after all? By The Week’s Editorial Staff | The Week New York was supposed to finally retake the skyscraper crown from Chicago. A local spat may deep-six that plan On April 30, One World Trade Center in lower […]

Haiti hopes gold ore find will spur mining boom     Martha Mendoza Associated Press   Haiti’s capital is blighted with earthquake rubble. Its countryside is shorn of trees, chopped down for fuel. And yet, Haiti’s land may hold the key to relieving centuries of poverty, disaster and disease: There is gold hidden in its […]

Was British prime minister Margaret Thatcher correct about the euro, European Central Bank and a European Union?    Dilemma X     Margaret Thatcher’s statement of  October 30, 1990 to the House of Commons on the European Council meeting at Rome held on October 27/28, 1990. Margaret Thatcher was Prime Minister of the United Kingdom from  May 4, 1979 […]

South Africa’s economy to grow about 3% By Andres R. Martinez and Franz Wild Bloomberg South Africa’s economy will probably expand about 3 percent this year, even after a slump in manufacturing output cast doubt on the outlook for growth, South Africa’s Finance Minister Pravin Gordhan said. Factory production unexpectedly fell 2.7 percent in March […]

May 09, 2012 Federal Reserve approves expansion of 3 Chinese banks in US Dow Jones Newswires WASHINGTON –  The Federal Reserve said Wednesday it approved the expansion of the U.S. operations of three of China’s largest banks, including the first acquisition of a U.S. bank by a Chinese bank. The Fed said it had approved applications […]

U.S. unemployment falls to 8.1% in April 2012 as white unemployment increased and black unemployment decreased   By Dilemma X Source: U.S. Bureau of Labor Statistics   Nonfarm payroll employment rose by 115,000 in April 2012, and the unemployment rate was little changed at 8.1% from 8.2% in March 2012. In the previous month nonfarm payroll […]

The Beijing Auto Show 2012     Jack Perkowski, Contributor Forbes   First quarter passenger car sales in China may have been flat, but that does not seem to have dampened the enthusiasm for the Beijing Auto Show, which opened earlier this week. Every year, China’s major auto show alternates between Beijing and Shanghai, and […]

United Kingdom falls into double-dip recession   By Mike Obel International Business Times The United Kingdom, Europe’s third-largest economy, fell into recession in the first quarter as its gross domestic product fell 0.2 percent, a contraction that followed the fourth-quarter’s 0.3 percent decline. The decline, which is the country’s second since the Great Recession, stemmed […]

The Forbes Five: Who Are Hip-Hop’s Wealthiest Artists?         1. Sean “Diddy” Combs ($550 million) 2. Shawn “Jay-Z” Carter ($460 million) 3. Andre “Dr. Dre” Young ($260 million) 4. Bryan “Birdman” Williams ($125 million) 5. Curtis “50 Cent” Jackson ($110 million)   ________________________________________________ The Forbes Five: Hip-Hop’s Wealthiest Artists 2012   Zack […]