Will Osama Bin Laden be caught in 2008? Will George Bush pardon Lewis “Scooter” Libby? The prediction markets are already taking bets. But predicting the future is not what it used to be.
Sphere: Related ContentThe financial, insurance, real estate and legal indutries are putting up most of the money. These sectors have provided more than half the funding for Obama, Clinton, Edwards, Giuliani, Romney, McCain and Thompson. Not Huckabee, but he’s damn close.
Sphere: Related ContentSo will the subprime crisis drag the US into a recession in 2008? Depends who you ask.
Munich Re, the world’s second-biggest reinsurance group, has announced that the cost of natural disasters had spiked this year with the most severe events in terms of insured losses occurring in Europe.
Sphere: Related ContentThe global impact of Benazir Bhutto’s assassination should not be underestimated. Oil prices have now soared edging closer to $100 a barrel, equity prices are falling and the concept of “geopolitical risk” has re-emerged during a relatively quiet time. All that on top of deteriorating economic news in the United States. No wonder stocks prices are down.
Sphere: Related ContentProbably not, according to practitioners
Siemens is trying to clear its name after the bribery scandal but the money trail is too elaborate. And none of it would have been discovered if it wasn’t for Osama Bin Laden.
Sphere: Related ContentThe US might have already entered a recession. Here are some tips for surviving it.
Alcatel-Lucent will pay $2.5 million to settle charges that it violated anti-bribery laws by footing the bill for hundreds of sight seeing trips taken by Chinese officials. All in the name of securing millions of dollars in contracts.
Sphere: Related ContentTime for the 2007 Foot-in-mouth awards where CEOs say stupid things. And the best is Steve Ballmer, the mouth from Microsoft, predicting that the iPhone will go nowhere.
Sphere: Related ContentYou are currently browsing the SoxFirst’s NewsCloud Journal weblog archives for December, 2007.
