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| World economy
The bursting of the American housing bubbleA speculative bubble can relate to assets that are real (property, land, etc.) or financial (shares, etc.) ; it manifests itself by an increasingly rapid rise in the prices of these assets. They end up by reaching such levels as appear excessive, even making an optimistic evaluation of the future profits which can be expected. The bursting of the bubble manifests itself by an opposite process, by a continuous and often brutal fall in these prices. -> read article... |
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| Scotland
Celtic Tigers? - the SNP in governmentThe author looks at the prospects for Scottish society and politics as the Scottish National Party take power for the first time in the Scottish Parliament. -> read article... |
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| Philippines
Padding and shaving Mammoth electoral fraud in Philippines elections
Nearly three weeks after election day, there are still no definitive results for the Philippine elections to the Senate and House of Representatives. This has nothing to do with inefficiency and everything to do with ballot-rigging. The Philippines is one of the most corrupt ‘democracies’ in the world. -> read article... |
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