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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 [...]

World News

Iraqi Shiites burn Bush effigy to protest US pact (AP)

A protester uses his shoe to strike an effigy of U.S. President George. W. Bush, in an expression of contempt, as thousands of followers of Shiite cleric Muqtada al-Sadr converged on Firdous Square in central Baghdad, Iraq for a mass prayer to protest a proposed U.S.-Iraqi security pact on Friday, Nov. 21, 2008.(AP Photo/Karim Kadim)

AP - Thousands of followers of a radical Shiite cleric protested a proposed U.S.-Iraqi security deal Friday, burning an effigy of President George W. Bush in the same square where Iraqis beat a toppled Saddam Hussein statue five years ago.

Kenya: Somali pirates make $150M in a year (AP)

Local women sit on the banks of the Suez canal as a Suez Canal Authority pilot boat passes by in Ismailia, Egypt, Thursday, Nov. 20, 2008. Major shipping companies said that they are considering other options including avoiding the passage through the Suez Canal to avoid having to go through the Gulf of Aden due to increasing piracy risks - meaning longer, costlier trips around the southern tip of Africa. (AP Photo)

AP - Somali pirates have collected more than $150 million in ransoms over the past year, Kenya's foreign affairs minister said Friday, calling on ship owners not to pay when their vessels are hijacked.