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The Foreign Desk

For the wrong answers, turn to Greenspan

It is always worth listening to Alan Greenspan, but not any longer for the same reasons we used to. The former US Federal Reserve chairman, the wizened wiseman of laissez-faire economics, shocked us all – and probably himself – when he told a congressional panel in 2008 that he had found "a flaw in the [...]

By | The Foreign Desk | Sunday, 21 March 2010 at 10:52 pm

Zero hope for Palm suitors

You know something has gone disastrously wrong when analysts start putting a $0 price target on the company's shares. So it is at Palm, which once seemed to hold the world of mobile devices in the, er, palm of its hand, but which now finds itself an also-ran in the world of souped-up phones.
Trampled [...]

By | The Foreign Desk | Sunday, 21 March 2010 at 3:11 am

Oh, you guys and your domain names

Further to my article on the (postponed) auction of sex.com and the market for second-hand domain names, I've just got this email from Paul Goldstone, founder of igoldrush, a website offering advice for potential buyers and sellers, which i quoted in the piece.
Stephen,
BTW, for a little more insight into domain names, I wanted to point out that eperformancesportscars.com [...]

By | The Foreign Desk | Friday, 19 March 2010 at 6:12 pm

Why Sandra Bullock’s “unforseen personal circumstances” shouldn’t come as a surprise

Sandra Bullock's decision to cancel her trip to London for last night's premiere of The Blind Side do to “unforeseen personal circumstances” has America's supermarket tabloids speculating about the potential state of her marriage.
According to no less reliable a source than In Touch magazine, Bullock’s heavily-tattooed husband, Jesse James, has been having it away with [...]

By | The Foreign Desk | Thursday, 18 March 2010 at 5:36 am

‘Latin is a language, as dead as it can be, it killed the ancient Romans, and now it’s killing me’

So Boris Johnson thinks that teaching children Latin will steer them away from gun crime and help them master their native tongue. Well, I have news for Boris. Most children in London and other cities seem more keen on a sort of Ali G patois; can you imagine them getting into the classics?
I was [...]

By | The Foreign Desk | Tuesday, 16 March 2010 at 11:47 pm

What’s the beef in India? Breaking the law deliciously.

 I like to think of myself as someone respectful of the beliefs of others, especially when it comes to religion and food. If a Muslim wishes to avoid eating pork I have no problem with that and I would not eat pork if I was sitting with them and thought it would upset them. Likewise, [...]

By | The Foreign Desk | Monday, 15 March 2010 at 5:56 am

The familiar themes in Lehman’s latest drama

In Enron the Play, the West End smash coming here to Broadway in the spring, "the Lehman Brothers" are depicted as conjoined twins in a single over-size suit jacket. Don't be surprised if they get their own spin-off show. The bankruptcy court judge who just unsealed an examiner's report on the collapse of Lehman said [...]

By | The Foreign Desk | Monday, 15 March 2010 at 4:31 am

Vast and dangerous CDS market threatens new financial panics

You don't know me; we've never met. But how would you feel if I told you I had taken out a life insurance policy on your life? Would you feel a little nervous? Don't worry, I haven't actually done it. (I wouldn't know where to hire an assassin either, by the way.) In fact, taking [...]

By | The Foreign Desk | Monday, 15 March 2010 at 4:29 am

Delhi bulldozes its poor. Literally

  The wretched cluster of shacks squeezed tightly together is known both locally and officially as the Coolie Camp. For more than 20 years, hundreds of people have lived in this makeshift slum at the junction of a road located between Delhi's progressive and politically-astute  Jawaharlal Nehru University and the upmarket Vasant Vihar neighbourhood where apartments [...]

By | The Foreign Desk | Friday, 12 March 2010 at 4:34 am

Years earlier than expected, Sarah Palin shops a reality TV show

Alaska’s most famous daughter has been in Los Angeles since Tuesday, when with typical chutzpah, she chose Jay Leno’s sofa, at the studios of NBC, one of the world’s biggest broadcasting conglomerates, to rail against the “mainstream media.”
Today, she and her entourage descended on Hollywood, where they trawled through pre-Oscar celebrity “gifting” suites with the [...]

By | The Foreign Desk | Thursday, 4 March 2010 at 6:48 am

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