Archive | 9:22 pm

Bush has some regrets

12 Jan

Bush told journalists in his last press conference today that some of his rhetoric ‘has been a mistake.’ 

Below you can find just some of his mistakes:

And this is an excerpt of his latest press conference where he tries to crack a joke:

Will he manage another gaffe in the remaining 192 hours in office?

Brown claims global leadership spot as his economy’s still in coma

12 Jan

Saying that Gordon Brown’s ambitious is an understatement.

The Guardian today quotes Brown telling GMTV that his government is leading the world in its policies for dealing with the global downturn.

Earlier on today, Brown’s government announced it will give employers up to €2,800 for every new worker they hire prompting newspapers to dub this initiative as the ‘golden hello’.

The initiative will cost the public coffers €560 million.

Young graduates are also on top of Brown’s agenda as plans to create 35,000 new traineeship posts were unveiled.

Brown has been on a spending spree since the begninning of the crisis. However, Sky reports how he’s failing to excite business confidence with only 28% confident in his ability as PM.

Maybe Brown would be better off in stimulating the businessmen’s creativity with funds fostering more innovation and research and helping those who are really in need rather than giving handouts to everyone.

Brits drink less beer during recession

12 Jan

Beer’s losing its appeal with the Brits.

The Financial Times reports today that beer sales are at their lowest levels since the 1930s.  This has led to a pub crisis with an average of 35 pubs closing down every week in the UK.

If Brits don’t drink enough beer, then the situation is really bad.

(Video: A 1983 beer commercial shown on UK TV. Note: In order to find this commercial vaguely funny, you need to drink at least two pints of beer.)

Ford hopes green will take it out of the red

12 Jan

What a switch for American carmaker Ford, at least on paper.

The crisis ravaging among carmakers has persuaded the troubled firm to start selling small electric cars by 2011.  Ford executives at the Detroit Auto Show promise that the fully charged lithium battery-powered car will be able to drive for more than 100 miles.

Meanwhile the same car maker presented another one of its gas guzzlers today – the Ford Shelby GT 500 (see video).

My question is: who will afford to buy the Shelby when the US has one of the highest jobless rates since WWII?

Going green doesn’t necessarily mean employing nutty managers Mr Ford.