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The use of drones for both surveillance and assassination has been an extremely controversial issue with people evenly on both sides. The Obama presidency has been marred with the prolific use of drones both foreign and domestically, however it appears now that the German defense minister wants to follow in is footsteps. Reuters reports on
In 2000 the NASDAQ crashed as a result of a massive bubble caused by speculation in pioneer internet companies, most notably Pets.com. Many people lost their jobs and investments because of the gross over-speculation. Unfortunately we are currently experiencing a similar bubble in the valuation of I.P.O.’s. The New York Times reports on
John Adams once famously wrote “If men were angels, no government would be necessary.” In this vein it is logical to conclude that since no man is an angel, it is extremely important to prevent mass power being given to sole individuals. This is especially true in banking. The recent scandal of Barclay’s
Investment bankers, Wall Street traders and international entrepreneurs alike view Hong Kong as an oasis of free markets and laissez faire government. This may be true to some extent if you’re setting up business that targets markets outside of Hong Kong, but if you’re looking a capitalize on domestic demand, sucess
August 3, 2012 Bergen, Norway I was sitting across from an impossibly blonde account executive this afternoon when I heard three words I never thought I’d hear at a foreign bank. “Are you Greek,” she asked me with a bit of a smile… me: “Uh, no. I have a US
When President Obama first proposed his job stimulus bill, he predicted that by this time unemployment would be below 6% and the economy would make a significant recovery. That recovery is still a fantasy as for another month unemployment rose despite large numbers of people leaving the workforce all together.
Everyone world wide is aware that we are currently experiencing a global depression. Europe is in shambles because of multiple sovereign debt crises and the US debt is increasing at record rates. Many people view this trend as a severe negative but the current situation has also allowed for many
Investors are always looking for the next region to emerge as an economic contender in order to get in at basement prices. Many analysts believe that the improving condition in Myanmar make it rich with opportunity for development. The United States however still holds restrictions and bans over the country
In the late 90’s, investors were riding high on a .com bubble that no one thought would ever pop. Hindsight is 20-20 however and we now realize the folly of our speculation. We are now witnessing another similar bubble as startups have been able to receive record amounts of money
Under the democrat Obama administration, the use of drones both abroad and domestically has skyrocketed. The FAA has already approved thousands of requests for drone licenses and soon there will be no more privacy in the US. However in the wake of this shift, even democrats have had growing concerns
Private corporations and governments alike have been making repeated requests for communication records and user data from big media entities like Twitter, Facebook and especially Google. Each company has had different policies for compliance and as requests for information increase in frequency, these policies have either become more or less
August 2, 2012 Bergen, Norway High up above Scandinavia about 75 degrees north latitude is an obscure archipelago that few people in the world know about, and even fewer have been to. It’s called Svalbard, population ~3,000. And while the islands are technically part of Norway, they come with some
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