Understanding Impacts of Superstitions on Decision Making Behavior
Scientists have been successful up to great extent in understanding the impacts of superstitious beliefs on the decision making process of a person. This important aspect has long been understood to affect the market behaviors in addition to the individual’s behavior but almost no attention has been given to it so far. For the first time [...]China vows overhaul of "chaotic" milk industry (AP)
AP - China's Cabinet vowed a complete overhaul of the scandal-ridden dairy industry Monday, pledging to inspect every link from the farm to the dinner table to try to restore public trust in Chinese-made food products.Europe governments go their own way on crisis (AP)
AP - Individual European governments issued a cascade of deposit guarantees to shore up their banks but fell short of any coordinated action Monday to deal with the crisis sweeping financial markets, even as stock markets crashed and the euro sank to its lowest level for over a year.