This week, we took a close look at how the world leaders across the globe have utterly failed to provide the bold leadership the world needs in the face of a serious crisis. Italy’s dysfunctional political class is leading the way, but the rest of the world, from America to China, is not far behind: […]

In 2005 George Soros’ top hedge fund manager Stan Druckenmiller predicted the 2008 crash. Now he’s back to warn that a worse one is on the way: In a recent interview with Bloomberg TV, Druckenmiller sounded off about policies that enrich the old at the expense of the young and which could lead to a serious […]

The war of words between Scotland and the Cameron government is intensifying as the Scottish independence referendum approaches. Last week, the British government released a report warning Scotland of the ramifications of an independence vote. Most importantly, the UK argues that an independent Scotland would need to renegotiate the thousands of international treaties it is currently party to as a […]

Could Los Angeles be turning its back on blue politics? If special interests have anything to do with it the answer will be no, as unions are pouring millions of dollars into the mayoral and city council races to keep their veto over policy in the country’s second largest city. But despite the best efforts […]

When NBA legend Dennis Rodman returned from his recent visit to North Korea, he suggested that basketball could heal the rift between that country and the US. According to the WSJ, Rodman said that Pres. Obama and new Nork leader Kim Jong Un both like basketball, so “let’s start there.”The success of this diplomacy-by-basketball might be uncertain, […]

The Keystone Pipeline may just have taken another step towards official approval, as the State Department said yesterday that it’s construction wouldn’t have any real effect on climate change. McClatchy Newspapers has the story: The 1,700-mile pipeline would bring oil from the Alberta oil sands in Canada to U.S. refineries on the Gulf Coast. The Congressional […]

New York’s Federal Reserve Bank held a press briefing this week to discuss its quarterly report on household debt and credit, and it contained some sobering numbers on student debt. According to the presentation  by Senior Economist Donghoon Lee, student debt has now reached almost one trillion dollars, nearly tripling between 2004 and 2012. Moreover, excluding borrowers not in repayment, […]

If the rhetoric coming out of Caracas is an accurate indicator, Hugo Chavez may actually be at death’s door. Speaking to supporters outside of the chapel of the Military Hospital Carlos Arvelo after Friday’s mass, vice president Nicolas Maduro, who has been singled out by Chavez as the person he’d most like to succeed him, […]

According to the The Asahi Shimbun, Hideki Watanabe, a dentist from Tobe, Japan, invented the “Kurukuru nabe” (or ‘swirly pot’) to help cooks keep their hands free when preparing dinner. The pan has special groves that makes a small whirlpool when the water is heated, causing the contents inside to spin. Check out the video.While neat in […]

In Thursday’s budget announcement, Indian Finance Minister P. Chidambaram made an important but overlooked decision to begin upgrading the infrastructure of northeast India. “Combining the Look East policy and the interests of the northeastern states, I propose to seek the assistance of the World Bank and the Asian Development Bank to build roads in the northeastern States […]