THE global economy risks the prospect of a double-dip recession, again because of the debt issue in the US. The 2008 world recession started with the sub-prime mortgage crisis in the US. This time it is Uncle Sam's own debt crisis - about US$14.5 trillion so far and still increasing ...
The Temple of Heaven in Beijing was constructed during the reign of Emperor Yongle of the Ming Dynasty, and completed in 1420, which was about the same time of the completion of the Forbidden City. When Emperor Yongle moved the capital from Nanjing to Beijing, one of the important things he...
of same-sex couples have married, none of the dire predictions by the National Organization for Marriage and other right-wing evangelicals such as Pat Robertson and Chuck Colson have come true. Though some want to blame Katrina, the Great Recession, the Japanese quake/tsunami, and this year’...
60th anniversary of China's victory in the War, the tragic history of the War against Japanese invasion has remained not forgotten to us. legco.gov.hk 雖然今年已經是中國抗戰勝利 60 周年,不過,抗日戰爭的慘痛歷史, 我們是不能忘記的。 legco.gov.hk [...] the social structural conditions wh...
Milestones & Highlights: Airbnb launches at SXSW 2008 with two customers, one of which was CEO Brian Chesky. “The U.S. economy is in the grip of recession, but you wouldn’t know it from attending the South by Southwest Festival in Austin, Texas, a 10-day music, film, and ...
In less than 10 years, men's style on the web has gone from fashion also-ran to clickable powerhouse. How did it come so far so fast? Some pioneering street style, a few obsessed enthusiasts, and more than a few pairs of double-monks. Oh, and in their ow
What are some examples of history repeating itself? Some examples of history repeating itself areNapoleon and Hitler invading Russia, The Great Recession and The Great Depression, extinction events and the sinking of great ships like the Tek Sing, the Vasa and the Titanic. ...
Reasons and causes:This long, deep recession began following the start of the Arab OilEmbargo, which would quadruple crude prices. That tipped the balance for an economy struggling with thedevaluationof the dollar amid high U.S. trade and budget deficits and slipping domestic crude output.The co...
and moderate the long-term effects of changes in the interest rate. Since it was first created, events like theGreat Depressionin the 1930s and theGreat Recessionduring the 2000s have resulted in the modification and expansion of the Federal Reserve System’s roles, responsibilities, and authorit...
Wall Street Falls on US Recession Fears; History Repeats Itself: Panic Selling Sweeps the Floor of the New York Stock Exchange 20 Years AgoDaily Mail (London)