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The executive compensation and bonus situation in the UK. RBS and othe banks and the public outcry. As RBS shares drop to 12 pence or less than the price of a candy bar, loss for 2008 is 28 billion pounds, and the British government comes up with $20 billion pounds of government money for RBS and takes 70% ownership, reports in the Sunday Telegraph suggest executives plant to handout $1 billion in bonuses. How?
Linked Articles
U.K. Boosts Its Bailout As Bank Losses Rise
Wall Street Journal 01/20/2009
British Official Plans a Review of Bonuses After OutcryNew York Times 02/09/2009
How Gates sees the US role in foreign affairs and its relaions with Russia, the war with extremist Islamic militants, and the ways in which US policies should be reshaped in the new administration.
Linked Articles
Pentagon Chief Sees Opportunities In Russia and the War on Terrorism
Washington Post 01/05/2009
A Balanced StrategyForeign Affairs 01/05/2009
Linked Articles
Former Head of Chinese Dairy Pleads Guilty
New York Times 01/01/2009
On Becoming Chinaâs Farm TeamNew York Times 11/05/2013
Prof. Portes on global imbalances in savings. What happened and why the risks were not understood by Bernanke, Greenspan, and others. The view that successful models are very hard to change, reluctance in China to disturb the status quo, and the difficulty of getting people to accept the need to move away from this without a crisis.
Linked Articles
Imbalance in Nations' Savings Clouds Forecasts for Recovery
Wall Street Journal 03/23/2009
Chinese Savings Helped Inflate American BubbleNew York Times 12/26/2008
Pessimism about the ability of the UAW, Cerberus and GM executives to reverse the downward trend from Tom Walsh of the Detroit Free Press.
Linked Articles
Someone needs to watch over changes at the Detroit Three
Detroit Free Press 12/21/2008
Commentary: Forging new path will be rough road for Detroit automakersDetroit News 12/20/2008
This leads to the global imbalance in savings that London B-School's Prof. Portes complains about. Cross border flows fro, Asia to the West reach 3% of global GDP, pumping extra money into the US banking system, and the European banking system leading to bad lending and a consumption binge. The reluctance of China and the U.S. to change the staus quo till things simply collapsed.
Linked Articles
Imbalance in Nations' Savings Clouds Forecasts for Recovery
Wall Street Journal 03/23/2009
Global Economy: No Help from China's ConsumersBusinessWeek 11/26/2008
The war in Afghanistan is beginning to take a new turn as Petraeus looks for ways to reverse gains by Taliban and Zardari commits Pakistan to work alongside the US.
Linked Articles
The Most Difficult Job in the World
Wall Street Journal 10/04/2008
Insurgents in Afghanistan Are Gaining, Petraeus SaysNew York Times 10/01/2008
With the dollar moving toparity with the pound the opportunities in bringing a high mileage diesel Fiesta to the USA market.
Linked Articles
The 65 mpg Ford the U.S. Can't Have
BusinessWeek 09/04/2008
Sized for the TimesNew York Times 10/19/2008
How the New York City experience compares with China's.
Linked Articles
Poverty Rate Declines in New York
New York Times 08/27/2008
World Bank Finds More People Live in Steep PovertyNew York Times 08/27/2008
Britain and other European countries want to continue dialogue and integration with Russia and not let Georgia affect their relationships with Russia.
Linked Articles
U.K. Takes Softer Tack In Dealing With Russia
Wall Street Journal 08/20/2008
Russia Never Wanted a WarNew York Times 08/20/2008
The criticism of both countries suggests that the statements that this is a resurgence of the Cold War may be overdone especially in a completely different period.
Linked Articles
New York Times 08/12/2008
Russia Says It Has Halted Military Action in GeorgiaNew York Times 08/13/2008
Bill Ford's interview with Bartiromo of CNBC and Business Week in which he outlines his struggle at Ford to focus managers on small cars and the new team of Ford, Mullaly and Farley that is focussing on small cars.
Linked Articles
Bill Ford on Tipping Points and Thinking Small
BusinessWeek 07/31/2008
GM plans $500M for 45-mpg small carDetroit News 08/22/2008
Honda is the only one of the large manufacturers od autos that is increasing sales in the North American market.
Linked Articles
Honda Stays True to Efficient Driving
New York Times 08/26/2008
Honda's On the Go As Auto Makers Brace for July ResultsWall Street Journal 07/28/2008
Royal Bank of Scotland's reckless managemet and excessive risktaking made the British taxpayer bear the enormous losses as RBS shares drop to less than the price of a candy bar.
Linked Articles
Paradise Lost? A Project in Hawaii Stumbles
Wall Street Journal 05/19/2010
U.K. Boosts Its Bailout As Bank Losses RiseWall Street Journal 01/20/2009
Linked Articles
Former Head of Chinese Dairy Pleads Guilty
New York Times 01/01/2009
Chinese Search for Infant Formula Goes GlobalNew York Times 07/25/2013
The dramatic shift to a savings oriented and thrifty lifestyle reminiscent of the thirties and forties in some ways, is seen in the new lifestyles and spending habits of the Capps and Muirs in Boise, Idaho. With its high tech factories Boise has held up well in previous recessions. If things are changing this much in a place like Boise then its aserious sign of changes in the whole country. This is leading to buidup of inventories of cars, electronics goods, and other goods in retail stores. It has a serious global aspect as products made in China are affected, and products made elsewhere that go into these products are affected, and the equipment manufacturers in Germany for these products made in China are also affected.
Linked Articles
BusinessWeek 12/31/2008
Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic WoesWall Street Journal 01/06/2009
A physiotherapist from Turin, Italy, who runs the Red Cross Rehabilitation Center in Afghanistan, and a wounded surgeon who loses his wife and child in the cross fire between militants and Israelis in Gaza City, both have an untold story of civilians in both places.
Linked Articles
A Foreign Face Beloved by Afghans of All Stripes
New York Times 12/25/2008
Despair and a Defiant Smile in a Gaza HospitalNew York Times 01/09/2009
With the collapse of export markets in the U.S., China and the U.S. are now having to face up to the problems inherent in American dependence on Chinese products and Chinese savings to finance excessive consumption, and Chinese dependence on American export markets.
Linked Articles
Chinese Savings Helped Inflate American Bubble
New York Times 12/26/2008
Global Economy: No Help from China's ConsumersBusinessWeek 11/26/2008
The ports of Savannah and Long Beach tell the story of rapidly slowing foreign trade and imports from China and Japan. Its a signal of an impending slowdown in the economies of China and Japan as their export driven economies slow down.
Linked Articles
New York Times 11/19/2008
When the Downturn Sailed Into SavannahNew York Times 11/30/2008
In "The War Within" Woodward described how Bush persevered to get the job done right in Iraq. In "The Price of Politics," Woodward describes how Obama failed to use his presidential leadership and suthority to get all sides to reach an agreement. Bill Keller of the NYT says Obama failed to make the "unpleasant choices" a president has to make, including supporting the president's own Simpson-Bowles Commission on the U.S. deficit.
Linked Articles
Wall Street Journal 09/15/2008
Notable & QuotableWall Street Journal 09/07/2012
Linked Articles
Diesel-powered cars to flood U.S.
Detroit News 12/31/2009
The 65 mpg Ford the U.S. Can't HaveBusinessWeek 09/04/2008
Linked Articles
For $75 million, Michigan Truck will soon roll out cars
Detroit News 08/27/2008
GM plans $500M for 45-mpg small carDetroit News 08/22/2008
Rusia presents its views including Gorbachev and Lavrov in the American press and the British views putting Europeans including Russians first before the American views for old style cold war replay.
Linked Articles
New York Times 08/20/2008
America Must Choose Between Georgia and RussiaWall Street Journal 08/20/2008
The effects on the markets and on economic activity is not significant.
Linked Articles
Investors Struggle With the Uncertainty of Fighting Between Russia and Georgia
New York Times 08/12/2008
Russia Says It Has Halted Military Action in GeorgiaNew York Times 08/13/2008
Friedman warned about the overhyping of the Afghan war as being the right war by Obama. Charlie Wilson, Rep. from Texas, is described as doing this during Reagan's contras war in Nicaragua, making that one the bad war and the anti soviet war in Afghanistan as the good war.
Linked Articles
Stephen G. Rademaker - Obama Strategy Raises Questions on Afghanistan
Washington Post 09/05/2009
Drilling in AfghanistanNew York Times 07/30/2008
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