Economics

Non-government Organizations Win Greater Trust than Media and Big Business

Pressure groups and charities have overtaken goverments, media and big business to become the worlds most trusted institutions, according to an international poll to be presented this week to the World Economic Forum. An annual survey of attitudes suggests public trust has been eroded by scandals such as corporate malfeasance and discredited journalism.  The survey found that non-government organisations now ...

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Stock Market Scam

Using technology to manipulate the value of stocks may be easier than apparent.  ABC World News had a report that companies were placing errant phone messages designed at duping investors into thinking that they are receiving a hot insider stock tip designed for someone else ears.  The hope is the unsuspecting investor will act on the tip anyways, artificially inflating ...

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Agree to disagree

Gosh, the other night I heard some business executives’ organization predicting that in 2005 there would be more jobs, lower oil prices, and business growth. Contrast that with this article I just stumbled across reporting that a well-placed financial analyst is forecasting a high probability of "economic Armageddon." Hmm, maybe he’s trying to create conditions to sell a book on ...

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Oil anxiety relapse

Fret, fret! Am I off the wall in thinking a company like ACS ought to be thinking about Plan B: what do we do if energy prices keep going up, our cost of doing business increases, and we have to compete for scarce dollars going to oil? Higher Oil Prices Soon To Squeeze Consumers

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