Economy

  • warning: strftime() [function.strftime]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'Europe/Berlin' for 'CET/1.0/no DST' instead in /var/syscp/webs/apophis/apophis-neXt/gallery2/modules/core/classes/GalleryPlatform.class on line 1219.
  • warning: strftime() [function.strftime]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'Europe/Berlin' for 'CET/1.0/no DST' instead in /var/syscp/webs/apophis/apophis-neXt/gallery2/modules/core/classes/GalleryPlatform.class on line 1219.

CDS-Spread as Rating

Found a nice Blogentry which displays the current high CDS Spreads in the market. CDS stands for Credit Default Swap, its basically an insurance against the Default of a the issuer of a paper (i.e. the case the issuer doesn't pay back the debt). You can buy such insurance also for countries.

Emerging market: every day life in a second world country

 

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Date: 07/13/08 Views: 323

I found in the Computer Science Forum a link to an India Blog: interndia which is kind of a different point of view than my blog, he is describing his internship which he is doing in Bangalore, I think it's a good idea to link it from here.

Many of my Blogposts are written a bit humorous but especially in India not everything is funny. This post is dedicated for the more serious things, however its important that you dont lose your grim sense of humor even on this.


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