Skip to main content

Palestine

Comments

Popular posts from this blog

The Rise and Fall of LEHMAN BROTHERS

Lehman Brothers’ stock was selling at $86 a share in February 2007, giving the company a market capitalisation of nearly $60 billion. For the year, the company reported a new record high in net income, over $4 billion. In January 2008, Lehman Brothers was the fourth-largest investment bank in the U.S. In March, immediately after Bear Stearns (the second largest holder of mortgage backed securities, right after Lehman Brothers) almost collapsed, Lehman stock dropped by almost 50%. In June, the company reported a quarterly loss of $2.8 billion, its first quarterly loss since being spun off from American Express way back in 1994. By the end of 2008, Lehman Brothers Holdings Inc. had vanished from the investment banking landscape, the largest corporate bankruptcy filing (with $619  billion  in debt) in U.S. history.   The Beginnings of Lehman Brothers            Source: HBS Lehman Brothers was founded in t...

The Six-Day War

The Six Day war was the third large scale military confrontation between Israel and the Arab states which in turn was a result of the political tension that had existed for decades following the founding of Israel in 1948. Due to the territorial disputes that happened during the birth of Israel in 1948, a coalition of Arab nations invaded the Jewish state, leading to the First Arab Israeli War. The invasion failed but Israel lost territories to Jordan*, Egypt and Syria. The second major conflict was during the Suez Crisis of 1956-57 when Israel, with direct support from the United Kingdom and France, invaded Egypt in response to the nationalization of the Suez Canal. It was only the heavy pressure of the United States of America that forced Israel to withdraw from the Suez region in 1967. There was a period of relative calm during the late 1950s and early 1960s but it was only a calm before the coming storm. Arab leaders were not happy at the status-quo at the moment and so...

The Greatest Threat to Putin: Part-1

The greatest challenger to Russian President Vladimir Putin’s rule is a man whose name the dictator won’t say and whom he has tried to kill: Alexei Navalny. Having defiantly returned to Russia after surviving a brazen assassination attempt only to be immediately detained and thrown in jail upon arrival, the opposition leader and anti-corruption crusader has rallied tens of thousands of supporters to his cause like never before — a real sign of trouble for Putin’s hold on power. Alexei Navalny has spent over a decade trying to overthrow Putin. Through slick videos, public mobilization, and even an ill-fated presidential run against the autocrat, Navalny has aimed to expose Kremlin corruption and malfeasance. While Navalny’s ultimate goal seems to be to take Putin’s place, not just depose him, few believe he will actually succeed. Still, his campaign has inspired tens of thousands across the country to take to the streets to express their frustration with the regime — man...