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There is a classical saying that after the age of Biblical prophecy closed that only fools and children try to predict the future.
Formerly called the Federal National Mortgage Association or FNMA, Fannie Mae was established in 1938. Its initial goal was to stimulate the housing industry following the Great Depression.
With foreign direct investments (FDI) flowing well into the Middle East, particularly the United Arab Emirates, developments are mushrooming non-stop.
A new study prepared by the Business Travel Coalition (BTC) has revealed that the skyrocketing price of aviation fuel will have devastating implications far beyond new surcharges for checked bags and
Professor Norbert Walter, chief economist of Deutsche Bank Group and head of Deutsche Bank Research, is worried about the present. “When times are critical for the world economy, except for Russia, the world lacks dependable leaders. When the economy is a problem, social issues and environment also pose a grave problem.
DUBAI, United Arab Emirates (eTN) - When Jean-Claude Baumgarten, president of the World Travel and Tourism Council, sounded as though he was just joking, he truly wasn’t. He warned the US to take heed of the signs of the times sometime in January. He left with this remark: “In the past, when America sneezes, Europe catches a cold and the rest of the world dies of pneumonia.
Los Angeles, California (eTN) - At the America’s Lodging Investment Summit (ALIS) held here January 28-30, 2008, Gene Sperling, former White House National Economic advisor who served during former President Bill Clinton’s term and who is also a former director of the National Economic Council, expects the real downturn in US economy is yet to come.