Gordon Brown believes he may have saved the world last November with his global anti-recession package but it is time for him to step aside, and play Robin to Obama’s Batman to finish the job. [Sorry Gordon, it is back to being number two, which is where you perform best] Let’s look at Obama’s plan […]
Archives for January 2009
It’s Official: The UK Is In Recession (And It’s A Deep One)
GDP Falls Steeply By 1.5% With today’s figures indicating that the Gross Domestic Product fell by 1.5% over the last three months coupled with the previous quarter’s drop of 0.6% meant that the UK is finally officially in recession after two quarters of negative growth. Here is the breakdown Construction output – down by 1.1 […]
Microsoft Limps In Behind Apple With Reduced Earnings
A day after the excellent quarterly results from Apple it was Microsoft’s turn. Although revenues were up 2% to $16.63 billion, net income was down 11% to $4.17 billion, which demonstrates a significant fall in profitability. This drives the need to reduce costs and has led to confirmation that 5000 jobs will be cut at […]
Obama’s Faith In Technology Answered By Apple
Technology Is The Way Forward In the 44th president’s inauguration speech, Barack Obama talked the key role of science and technology in rebuilding the USA. “We will restore science to its rightful place and wield technology’s wonders to raise health care’s quality and lower its costs.” The Big Apple Bucking the trend of gloomy results, […]
Founding Fathers’ Dream of Liberty For All Is Finally Realized
A truly historic day as America’s most talented politician, Barack Obama, assumed the presidency of the United States of America. High on his rhetoric, his idealism, his realism and his hope, I am only more optimistic about the future. The democratic election of a non-white president, son of Kenyan father and a Kansasian mother, is […]