In Roman Catholic theology, Papal infallibility is the dogma that the Pope is preserved from error when he solemnly promulgates, or declares, to the Church a dogmatic teaching on faith or morals. This doctrine was defined at the First Vatican Council of 1870. Whilst followers may confuse this with the simple Dogma that the...
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It’s an ill wind that blows no good – goes the old wives tale. Well in the case of El Niño it seems that this, combined with structural improvements in Oil refining and storage may prove a bonus winter for the worlds largest consumer country. Oil prices fell to a six-month low on Friday...
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Looking at the press reports and comments this morning you could be forgiven for thinking that Apple’s payoff to Creative had a hidden agenda. The new battle ground is hotting up. Fat with its $100 million cheque from Apple, it seems that Creative is on the attack again – this time though its PR...
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For latest article see Welcome, Zune. Seriously. We held off commentating about Microsoft’s updated details of Zune to give it some time to sink in. Generally the analyst comments on Zune – Microsoft’s version of Apple’s iPod – have been upbeat and favourable. Certainly the two areas that separate the current Zune prototypes from...
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Tensions were stirred up today around the world when news of Pope Benedict XVI’s ‘ill advised’ comments ‘quoting’ the long dead Byzantine Christian Emperor Manuel Paleologos II about the jihad – or ‘holy war’. Predictably the Muslim world took offence, and sadly more predictably this was followed by the burning of effigies of the...
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The council of mortgage released figures for July that show that first time buyers are so desperate and so stretched that they are now borrowing an average of 3.24 times their annual pre-tax income to by their first property. The average loan is now £110,000 ($206k) for these buyers. The extent of the debt...
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