Developments in Europe are showing the effects of investors who have lost the least bit of hope that Greece can come out of their quagmire without a default.
As if the human toll and suffering were not tragic enough, Japan also had to endure economic and financial strains unmatched in recent history.
Four days after the disaster in Japan, we are starting to see the break-down in trust amongst the Japanese public, media, and government.
On January 20, 2010, the New York Times and all major Japanese papers reported the bankruptcy filing of JAL (Japan Airlines). The crane that once symbolized Japan’s powerful national airline is no more. Not even privatization could help an airline run into the ground by arrogance and incompetence. But this is actually old news—everyone knew … Continued
This is a guest post by Don Atwater, PhD, practitioner faculty of economics. It is a companion piece to Dr. Atwater’s GBR article, “Where Do Older Workers Go?” At the World Ageing & Generations Congress 2008 in Switzerland last month, I had the opportunity to talk to many people about older workers. John Martin, OECD Director … Continued