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First there was the beheading of Haruna Yukawa, a military consultant who had -- by all accounts -- lived a unique, if not troubled, life leading him the Middle East as a military consultant. Now, it certainly appears that veteran journalist Kenji Goto has also been beheaded, on video.

Who is Goto? What is the media reporting about his life? As I...

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Europe's politicians may see the Prime Minister's planned renegotiations as a diversion from the main issue...
Saturday, 31 January 2015 |

Did Argentina ‘Default’?

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A US court ruling has warped the otherwise precise meanings of three key words – “republic”, “sovereign”, and “default” – leading to absurdities like a New York district court holding the Republic of Argentina in “contempt of court”! The entire understanding of sovereign debt and its...
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My advice is to focus not on retiring comfortably, but on working comfortably.
You've probably seen articles and adverts discussing how much money you'll need to "retire comfortably."  The trick of course is the definition of  comfortable.  The general idea of  comfortable  (as I understand it) appears to be an income...
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The Internet of Things is set to infiltrate every area of our lives, but with so much investment required to deliver the devices, infrastructure and standards, who is going to pay? asks Sophie Curtis...
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WASHINGTON (RNS) Current IRS rules, dating to 1954, permit clergy to address issues but prohibit candidate endorsements. But those rules are routinely broken with little or no consequence....

Thursday, 29 January 2015 |

To Hedge or Not to Hedge

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Much is being made of American Airlines' "bold" decision to avoid hedging its fuel costs.

I fully believe that corporations engage in way too much hedging, mostly to the benefit of big financial institutions. But let's be clear, a just out of bankruptcy counterparty is not going to be doing a lot of swaps deals anyway....

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imageQualcomm has confirmed in its latest conference call that it lost a major OEM for the Snapdragon 810. Given that this was almost certainly Samsung, what does it mean for customers looking forward to the Galaxy S6?...
Thursday, 29 January 2015 |

The Roundup for January 28th, 2015

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Today I start classes, but don’t fret! My side posts on news items will continue. I got some posts coming soon.

Also, today’s Roundup may be a bit shaky.

International Politics

Overall

- The U.S. admits convicting David Hicks, an Australian national, at Guantanamo Bay was a mistake

- As noted by this piece , the International Criminal...

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