On Its Dying Breath

Here’s another sign that the United States are toast:

Mr. Saverin, who now lives in Singapore, decided last year to renounce his U.S. citizenship, a decision that was made public a few days ago. The move sparked an outcry among some tax experts who suspect he’s aiming to save on taxes. [Ya think?] Although . . . → Read More: On Its Dying Breath

First 2011 Business Headlines Mostly Merry

Facebook, the popular social networking site, has raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion.

China’s manufacturing activity eased slightly in December, although it remained in expansion mode, according to a survey of the country’s purchasing managers.

In response, Asian stock markets . . . → Read More: First 2011 Business Headlines Mostly Merry

More Evidence of Worldwide Recovery Growth Acceleration

Singapore Dollar Jumps, South Korean Won Up, and Intel Beats Yet Again.

The Singapore government announced early Wednesday that its economy is likely to expand by 9% this year. Coincidentally, South Korea also announced that its economic growth is accelerating. Meanwhile, economists surveyed by Bloomberg have estimated that China’s economy probably grew by 11.7% . . . → Read More: More Evidence of Worldwide Recovery Growth Acceleration