Posts

Euro could collapse and Europe unravel

PARIS: The European single currency could break up and Europe itself unravel if political leaders fail to tackle the region's debt crisis, France's minister for European affairs warned Thursday. "The situation is serious... the euro can explode and Europe unravel", Jean Leonetti told France's Canal Plus television, hours ahead of what is being seen as a crucial European summit on the issue in Brussels.

FDI Issue .Economy and dirty politics

Image
FDI issue: Good economics, but bad politics - DNA India India Inc fumes at holdback on FDI in retail - Moneycontrol   FDI in retail: UPA's multiple dysfunctions created the perfect FDI storm - ET  

Tata Nanos Aren’t Cheap Enough as India Chooses Motorbikes:Cars

Nov. 29 (Bloomberg) -- India’s inflation is producing an unexpected beneficiary. Motorcycle makers are poised for record sales this year as the highest borrowing costs among Asia’s major economies push consumers to choose a cheaper ride.