ENDLeSS SuMMeRS: THe ReTuRN oF PhD FaTZo!

"This is no time for fatalism or for traditional political agendas. The central irony of financial crisis is that while it is caused by too much confidence, borrowing and lending, and spending, it is only resolved by increases in confidence, borrowing and lending, and spending. Unless and until this is done other policies, no matter how apparently appealing or effective in normal times, will be ...

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Source: Zero Hedge

Fewer Mexican immigrants return from U.S. during recession
The U.S. recession and the global financial crisis did not lead to an increase in the number of immigrants returning to Mexico, a new study shows.
Malaysia, Singapore can return to pre-Asia financial crisis growth levels
KUALA LUMPUR, July 11 (Bernama) -- Malaysia and Singapore can return to the pre-Asia financial crisis growth level as both countries strengthen their economic relationship.
Iceland makes successful return to bond markets
ICELAND RETURNED to international debt markets for the first time since its banking meltdown more than two years ago as investors offered to buy twice the amount the government offered in dollar-denominated...
Yao says daughter could inspire NBA return
source: Agence France-Presse BEIJING - China's star basketball player Yao Ming says he is banking on his baby daughter to motivate him to overcome injury and return to the court to hopefully win an...
People earning up to Rs 5 lakh need not file IT return'
Bangalore: As many as 85 lakh salaried tax payers with an annual income of up to Rs 5 lakh will not have to file income-tax return from now onwards, a finance ministry official said.
Waiver from filing I-T returns to benefit 85 lakh tax payers
As many as 85 lakh tax payers will benefit from the government's decision to exempt persons earning less than Rs 5 lakh a year from filing I-T returns, a finance ministry official said.
Banks' standalone credit strength unlikely to return to pre-crisis levels, even under Basel 3
Moody's Investors Service says in a new report that although Basel 3 is credit positive for banks, the standalone financial strength of banks weakened by the global financial crisis is unlikely to ret