Is banking industry heading for a crisis?

In June 2007, the collapse of Bear Stearns, a New York-based global investment Bank, signalled start of what now we now call the Global Financial Crisis (GFC). In the weeks following the collapse - again, what we call, the contagion effect - took grip over the banking industry. The list...

Israel on the docks

Israeli Prime Minister Benjamin Netanyahu was agitated by the speech of human rights activist Hagai El-Ad at the United Nations Security Council on October 18. While criticising the Israeli occupation and humanitarian catastrophe in the Gaza strip, El-Ad called for global action against Israel. He compared Israeli government's treatment of...