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Jim O’Neill, creator of the acronym BRICs 10 years ago, is positive on the prospects of the BRIC economies but also of other “growth” markets such as Turkey and Mexico. He talks to Tracy Corrigan, Editor-in-Chief of The Wall Street Journal Europe.

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When back in August, Europe declared a short selling ban of any financials (here we are willing to channel Romney, and make a $10,000 bet with anyone that said ban will never be lifted),

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Bloomberg | The very expensive machines are crucial to the TSA’s protocol, which is why it strikes me as strange that the security checkpoint at the Marine Air Terminal goes without one.

Read more: Prison Planet.com

The U.S. Embassy in Thailand warned of possible terrorist attacks in Bangkok and Israel issued a travel warning, amid growing tensions with Iran following the assassination of a nuclear scientist in Tehran.

Read more: WSJ.com: World News


This short film illustrates the power of words to radically change your message and your effect upon the world. Change your words – Change your world. ValueWalk Premium Subscription Includes: 3 Write-ups per month (EXCLUSIVE
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``With $1.2 billion in MF Global client cash still missing, those scorched customers had better not hold their breath waiting by the mailbox to be made whole. They are not likely to get back 100 percent of their money from MF, the broker-dealer led by Jon Corzine that crashed spectacularly last Halloween. That was the message roughly 100 customers walked away with yesterday after their first face-to-face with James Giddens, the trustee responsible for cleaning up Corzine's mess.''

Read more: Implode-Explode Heavy Industries news feed

TEHRAN/VIENNA (Reuters) - Iran has begun enriching uranium deep inside a mountain and sentenced an American to death for spying, angering the West and undermining hopes that diplomacy could avert further sanctions or war.
I just came across this, which actually happened a month ago: Larry Lessig, who is focused entirely on figuring out ways to stop systematic corruption in Washington DC, interviewing disgraced lobbyist Jack Abramoff, widely considered the perfect example of corruption in DC. The 1.5 hour discussion is an attempt to not just go over Abramoff's history, but to educate how the Congressional

Read more: Techdirt

``Former customers of MF Global Holdings' collapsed brokerage were disappointed to hear on Thursday that the trustee hunting for funds missing from their accounts has no immediate plans to transfer more money to them.''

Read more: Implode-Explode Heavy Industries news feed

Astronomers said each star in the Milky Way probably has at least one companion planet, adding credence to the notion that planets are as common in the cosmos as grains of sand on the beach.

Read more: WSJ.com: World News

``Stock markets and the single currency fell sharply as Standard and Poor's cut France's AAA rating. Italy saw its long-term rating drop by two notches, along with Spain, Portugal and Cyprus. Austria, Malta, Slovakia, and Slovenia had their ratings lowered by one notch... It represents a further loss of confidence in the single currency and the European Union's ability to rescue indebted eurozone members... The agency's move also threatens to torpedo the main European bail-out fund set up to support struggling countries such as Greece and Portugal.''

Read more: Implode-Explode Heavy Industries news feed

``I agree with many of your conclusions. For example, you indicate that existing laws created after the savings and loan debacle were not enforced. I agree, and the State of California and federal regulators bear much of the blame for creating this recent real estate bubble and bust... In response to your book's implicit message that we haven't completed the job of cleaning up the financial system, I will think about the role of appraisers and determine if legislation or further inquiry would be helpful.''

Read more: Implode-Explode Heavy Industries news feed

``In 2011, the United States sold nearly 40 million Silver Eagle 1-oz coins while only selling approximately 1 million Gold Eagles -- a near 40:1 ratio. This ratio is more than double the 5,000-year price ratio, and more than double the relative natural occurrence of silver. In other words, over the long-term this demand profile is totally unsustainable -- and must result in (first) the total depletion of silver inventories, and (second) a rise in the price of silver sufficient to stifle silver demand sufficiently for balance to be restored.''

Read more: Implode-Explode Heavy Industries news feed

Yet another huge general change going on in the economy (linked to the decline of suburbia): ``Auto makers are facing an intractable problem in trying to design and market cars that appeal to young buyers: Many of their potential customers couldn't care less about owning a car in the first place. Fewer teens today are getting their driver's licenses and more 20-somethings aren't sold on owning a car. Instead they are staying home, using social networks to connect with friends, and moving to big cities where mass transit makes car ownership optional.''

Read more: Implode-Explode Heavy Industries news feed

Taiwan President Ma Ying-jeou of the Kuomintang, who has championed rapprochement with China, narrowly won a second term, a result likely to be greeted with relief in Beijing and Washington.

Read more: WSJ.com: World News

``Verschleiser, who now reportedly heads Goldman Sachs' mortgage division, rented the Hotel Jerome, including the popular J-Bar, for more than $500,000, and up to as much as $1 million, according to sources. The hotel and its bar are closed to the public from Thursday until noon on Monday.''

Read more: Implode-Explode Heavy Industries news feed

Two car bombs exploded in the Iraqi capital and killed at least 16 people, authorities said. At least one appeared to target Shiite pilgrims, sinking the country deeper into a new wave of sectarian violence.

Read more: WSJ.com: World News


Now you can finally learn how to land a job at Google. One of the company’s top recruiters,  Read more...
WASHINGTON (Reuters) - Small Iranian military motorboats approached U.S. vessels passing through the Strait of Hormuz twice last week but the Pentagon said the interactions were not seen as hostile, even at a moment of heightened tensions between the two countries.
Dutch citizen Joran van der Sloot pleaded guilty to the 2010 murder of a Peruvian woman he met at a Peru casino who was killed five years to the day of the unsolved disappearance in Aruba of American teen Natalee Holloway.

Read more: WSJ.com: World News

``President Barack Obama proposed consolidating six trade and commerce agencies, drawing cautious praise from congressional Republicans and business groups, though business expressed concern that some of their favored advocates in Washington would lose clout.''

Read more: Implode-Explode Heavy Industries news feed

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