Monthly Archives: April 2010

New ash cloud leads to fresh flight delays

The outbreak of volcanic eruption in Europe has lead to severe flight disruptions which is apparently the worst air travel shutdown Europe has seen since the second world war. Tej Kohli posts the detailed report:
It was a short lived joy for Europe Aviation authorities when they began considering to reopen some airspace on Tuesday and [...]

NBER unclear on the Recession’s End

The committee of academic economists that determines the start and ends of US business cycles stopped short of declaring an end to the recession that begin in December 2007.  Read the entire story at Tej Kohli Business Blog
Most economists of the National Bureau of Economic Research’s Business Cycle Dating Committee have agreed that the recession [...]