Month November 2007

Short version There’s a greater than 50 percent probability that the financial system “will come to a grinding halt” because of losses from mortgages, Gregory Peters, head of credit strategy at Morgan Stanley, said. Long version – from The Oil…

Global warming to continue for centuries, UN says Climate change may continue for centuries, and governments will have to spend billions of dollars annually to slow warming and adapt to its effects, a United Nations panel said. Somehow, someway, we …