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Archive for August, 2010

Japanese Government Will Intervene With Yen Value, According to Survey

Japanese Government Will Intervene With Yen Value, According to Survey

Aug. 18 | According to a survey conducted towards margin traders in Japan, they believe that the Japanese government will intervene with the current value of the Japanese Yen, and make its value lower if it exceeds the 15 year record high against the U.S. dollar....

Perseid Meteor Shower to Brighten America

Perseid Meteor Shower to Brighten America

Aug. 18 | The Perseid meteor shower will be seen in Friday, and will be best seen in the Northern Hemisphere. You will also get a good view if the skies are dark in your area or if you live outside the bright skies of urban America. According to scientists, if...

Japanese Yen Strongest Against Dollar in 15 Years

Japanese Yen Strongest Against Dollar in 15 Years

Aug. 18 | The Japanese government has expressed that they are constantly giving special attention to the rising of the value of Yen against the U.S. dollar. Many analysts are speculating that the government will intervene with the currency markets, but the government...

Blackberry a Threat to National Security, According to Indian Officials

Blackberry a Threat to National Security, According to Indian Officials

Aug. 18 | Research in Motion’s most popular smart phone, the Blackberry, is facing a controversy in another country yet again, as India’s government officials plan to hold a meeting with RIM officials to settle security concerns among Blackberry’s encrypted...

Britain Reduces Annual Economic Growth to 3 Percent

Britain Reduces Annual Economic Growth to 3 Percent

Aug. 18 | Britain reduced its economic growth forecast by way of the Bank of England. The bank stated that this move was influenced by the economic conditions of both the United States and Europe. In the United States, economic growth is still very uncertain, and...

Skype Goes Public, Potentially Attracting Many Investors

Skype Goes Public, Potentially Attracting Many Investors

Aug. 18 | Skype announced last Monday that it will be public, and will allow stock market investors to give them a target of 100 million US dollars. A lot of capitalists are really looking forward to this move by Skype, because Skype is a very popular software...

Japan’s Yen Value Depreciates, but Japanese Policymakers Confident

Japan’s Yen Value Depreciates, but Japanese Policymakers Confident

Aug. 10 | Japan’s economy is recovering, and yet the Yen’s value against the dollar is going down to its highest level since the 1990s. Furthermore, despite this movement against the dollar, Japan is not likely to respond by increasing purchases in assets....

Cathie Lesjak Replaces Mark Hurd as Interim CEO of HP Co.

Cathie Lesjak Replaces Mark Hurd as Interim CEO of HP Co.

Aug. 10 | Cathie Lesjak replaces Mark Hurd as interim chief executive of Hewlett Packard Co. This is after Mark Hurd was forced to resign after probes found out that his expense reports were not accurate. The inaccuracy was also linked to private and personal expenses...

Two Astronauts Complete Space Walk to Attempt Repair of ISS Cooling System Damages

Two Astronauts Complete Space Walk to Attempt Repair of ISS Cooling System Damages

Aug. 10 | The International Space Station’s cooling system was damaged a few weeks ago, and now several astronauts have completed a space walk which would allow them to repair the damages and make one side of the cooling system work again. The space walk performed...

David Stockman’s Views on Tax Cuts

David Stockman’s Views on Tax Cuts

Aug. 10 | David Stockman, who is director for the office of Budget and Management under the administration of president Ronald Reagan, has stated that the tax cuts implemented by Bush are very bad for the United States’ economy and is not a very good way to balance...