Happenings

Below is the transcript of this beautifully explained video     So what is insider trading? The key to insider trading is what's called material non-public information. Insider trading takes place when a person in possession of material non-public information about a company buys or sells that company's stock. Imagine a chicken farm owned by a company called OrgEgg. Don't worry, it's a free-range organic farm, where the birds roam free over several acres. Because the birds are happy and well fed, they produce vast quantities of eggs and OrgEgg makes pots of money and its stock goes up, up, up. There are certain things that everyone knows about the farm. They know how many hens there are, what they eat and on average how many eggs they lay. This is in the OrgEgg annual report, and thus it's all public information. There are some things that only the company, the farmer and his hens know -- such as the gauge of his shotgun, the times of day that he f

1.The world economy showing no signs of an economic uptrend have been lingering around for  several years and posed as an uphill task for every country’s head.The 2009 recession have made us witness its aftermath effect which have taken large economies like the USA in its ambit. At the same time the European monetary crisis generated from Greek bankrupty has added more frustration to the already plagued economic condition .Every now and then it is being heard even small countries making their way into the never ending solvency. In the year 1820 the word Globalization came into effect whose aim was a simplistic approach of widening, deepening and speeding up of trade and economic relations between countries. In other words globalizations purpose was(is) to help each other during the condition of economic stagnation or recession. But does the buzzword solve its purpose. What is the purpose of globalization if all the trading partners are ailing? Another inevitable great depression

1.Fiscal cliff is the popular shorthand term used to describe the conundrum that the U.S. government will face at the end of 2012, when the terms of the Budget Control Act of 2011 are scheduled to go into effect . Among the laws set to change at midnight on December 31, 2012, are the end of last year’s temporary payroll tax cuts (resulting in a 2% tax increase for workers), the end of certain tax breaks for businesses, shifts in the alternative minimum tax that would take a larger bite, the end of the tax cuts from 2001-2003, and the beginning of taxes related to President Obama’s health care law.Click here to know more about  fiscal cliff 2. The DR Congo has had a turbulent past. It gained independence from Belgium in 1960, but immediately faced an army mutiny, and the UN voted to send in troops to establish order . In 1965, Mobutu Sese Seko seized power. He later renamed the country Zaire.He retained power until 1997, when Rwanda invaded to drive out Hutu militias.Lauren