Japan's finance groups have stood up one after another for reorganization of the world finance following the serious U.S. financial crisis. Mitsubishi UFJ Financial Group announced that it will invest in the U.S. giant Morgan Stanley by buying 20 percent of its stock at maximum and becoming the largest stockholder. [Read more]
Yes, Americans will elect a president, one who will face both domestic and international situations of daunting difficulty, but will he enter the office with the requisite semblance of worthiness of it?
How Peking forced its biggest debtor, the USA, to negotiate the financial crisis
For weeks, the activity of Chinese central bankers in the financial crisis was barely perceptible. They didnt emerge from cover until last Friday, when it became known that the government-owned China Investment Corporation (CIC) was [Read more]
USA may be caught up in the web of its own problems economic recession, mounting unemployment, soaring energy crisis among others but it can only turn a cold shoulder towards Pakistan at its own peril.