World economy on rebound

World economy on rebound, but future uncertain

Why GM will run out of cash..

In a regulatory filing, GM, which was overtaken by Toyota as the world’s biggest carmaker last year, underlined the magnitude of its liquidity crisis by warning that it cannot afford to repay a $1bn bond maturing on June 1.

The bond is part of $27bn in unsecured debt that GM is seeking to restructure through a debt-for-equity exchange...

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Source: www.ft.com

Sharp Decline In India Economy

India's economy grew by less than expected in the last three months of 2008, official figures have shown...

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Source: bbc news

US stocks end high on positive housing data

US stocks closed solidly higher on Tuesday as investors weighed a positive report on the troubled housing market, a mixed batch of corporate earnings and progress on the...

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Source: the economic times

India has no better friend, partner than US: Obama

"As Indian people celebrate Republic Day, they should know that they have no better friend and partner than the people of the United States," Obama said....

Read more India has no better friend,

Source: the times of india

Obamanomics Will Fail the American People

Obamanomics, the economic program of the Obama administration, will fail to help the U.S. economy. Instead it will undermine the economy. It will fail to help the American people as a whole, although it will benefit some. It will succeed in augmenting the government...

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Source: the alex jones show