Category Archives: Economy

Eternal Material Value to Set New Records Eternally

Gold added nearly five percent to its cost on world markets in September setting absolute records almost every day during the month. Even if gold dropped a little on the last day of September due to the growth of the US dollar against world currencies, analysts are certain that the precious metal will continue to set more new records in the future. (more…)

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19 Facts About The Deindustrialization Of America That Will Blow Your Mind

The United States is rapidly becoming the very first “post-industrial” nation on the globe.  All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers have left them, but the pace at which America is accomplishing this is absolutely amazing. 

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BP to Pay $4,300 for Every Barrel of Spilled Oil

The scandal around the oil spilt into the Gulf of Mexico does not subside. On Thursday, the information was released that U.S. authorities are preparing a lawsuit against the owner of the exploded BP platform, demanding compensation for damage caused by the leakage. Fines can reach $4,300 for each barrel of oil spilt in the waters of the Gulf, i.e., a total of approximately $17.6 billion.

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Bharti Airtel and IBM Join Forces to Transform Emerging African Mobile Communications Market and Fuel Economic Development Across the Continent

NAIROBI, Kenya & ARMONK, N.Y. – 17 Sep 2010: In a move that will accelerate the transformation of African mobile communications and positively impact the speed of economic development across the African continent, Bharti Airtel Limited and IBM (NYSE: IBM) today announced the selection of IBM to manage the computing technology and services that power Bharti Airtel’s mobile communications network spanning 16 African countries.   

An agreement is expected to be finalized in the fourth quarter.

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