China Offers US Economic Advice

Ah, sweet revenge. Chinese leaders are offering the US advice on how to run its economy, and a bit of criticism on its performance so far, reports Edward Wong in The New York Times. The Chinese have called America’s concept of economic regulation “warped,” and called on the country to halt the dollar’s decline. America [...]

when to do nothing …

James Tisch in the Wall Street Journal commenting on the banking crisis: “If there’s nothing to do, do nothing. But many CEOs can’t so that. If you’re an action junkie, it’s going to get you in trouble.”

Banks Take up Virtualisation

Fifty-nine percent of tier-one banks are implementing virtualisation in IT, according to KRC Research in a report commissioned by Microsoft. Curious that Microsoft sponsored such a report – industry experts have long thought the company had a very limited interest in virtualisation because it would reduce the number of Windows licenses an enterprise needs. Microsoft [...]