How far does the stock market have to go down before we officially call it a crash? The Dow is now downmore than 2,000 points in just the last 14 trading days. So can we now call this “The Stock Market Crash of 2011″? Today the Dow was down 519 points. Yesterday, an announcement by the Federal Reserve indicating that the Fed would keep interest rates near zero until mid-2013 helped the Dow surge... 

Though it is hard to imagine that eight and a half years in anything the Obama Administration could do with regards to the Afghan War would constitute a “hasty exit,” President Obama attempted to reassure again today that this would not happen, in comments which formally disavowed the July 2011 drawdown date he set himself in December. “We didn’t say we’d be switching off the lights,”... 

China is set to become the world's biggest manufacturer next year The US remained the world’s biggest manufacturing nation by output last year, but is poised to relinquish this slot in 2011 to China – thus ending a 110-year run as the number one country in factory production. The figures are revealed in a league table being published on Monday by IHS Global Insight, a US-based economics consultancy. Last...