'Women will save US economy', predicts billionaire investor Warren Buffett

London, Dec 29 (ANI): As fears grow that the United States is preparing to plunge over the 'fiscal cliff', billionaire investor Warren Buffett has predicted that women will save the American economy, billionaire investor Warren Buffett has predicted.

Buffett, the so-called 'Sage of Omaha' said that affording women the same prospects to succeed as men was key to a bright economic future.

He said that his is the 'only thing' that makes him so optimistic about the future.

According to the Telegraph, Buffett's remarks came during an interview with fellow philanthropist Melinda Gates, with BBC Radio 4.

Buffett, aged 82, is the world's third richest man behind Carlos Slim Helu, the Mexican telecoms tycoon, and Bill Gates, founder of Microsoft, according to Forbes magazine.

He has remained upbeat about American's long-term economic prospects throughout the financial crisis.

He invested heavily in US shares during the darkest phase in late 2008 using his "personal money".

The bet paid off, with stock markets soaring in 2009 and 2010. (ANI)

Matches

MORE TOP STORIES TODAY

Lankans ready for another tough match against India

Lankans ready for another tough match against India

Sri Lanka barged into the Champions Trophy semi-finals with a 20-run victory over holders Australia. More »

[Run-Machine In ODIs]: Jayawardene go past Dravid

Mahela Jayawardene crossed the 11,000 run mark, with his knock of 84* against Australia in the Champions Trophy. With this as the cue we decided to put… More »

Bhuvneshwar Kumar: Swinging in the rain

Bhuvneshwar Kumar: Swinging in the rain

Cardiff, June 17 -- Swing bowling is a complex science and not an absolute one. The basics are simple enough.Swing occurs due to the uneven distribution… More »

Rare world title beckons England

Rare world title beckons England

Their only major title in cricket's shorter formats is the 2010 World Twenty20 they won in the Caribbean. More »

Hesson laments NZ's failure to grab opportunities

Hesson laments NZ's failure to grab opportunities

CARDIFF, United Kingdom, June 17, 2013 (AFP) - New Zealand coach Mike Hesson was left ruing his side's failure to take their chances after the Black Caps'… More »

Inverarity: Fawad Ahmed is a lovely lad

Inverarity: Fawad Ahmed is a lovely lad

LONDON, June 17, 2013 (AFP) - John Inverarity, Australia's chairman of selectors, indicated Monday that Pakistan-born leg-spinner Fawad Ahmed could yet… More »

Chandila sent to 3-day police custody

Chandila sent to 3-day police custody

Police sought fresh custody of Chandila saying he was required to corroborate evidence collected from other accused after invoking the stringent MCOCA… More »

The prodigal son

The prodigal son

If Sreesanth did what he is accused of, it is doubtful he realised he was doing something wrong. More »

Who'll watch the administrators?

Who'll watch the administrators?

It's rich to accuse players of being selfish when administrators seem concerned solely with the bottom line. More »

India retain squad for WI tri-series

India retain squad for WI tri-series

India's cricket selectors on Monday retained the Champions Trophy squad for a triangular one-day series in the West Indies starting later this month. More »

BCCI needs to accept DRS immediately

BCCI needs to accept DRS immediately

Cricket needs to eradicate human errors and technology is the only option. More »

BCCI using fixing video to warn juniors

BCCI using fixing video to warn juniors

With spot-fixing under the scanner in India, the cricket Board is showing video clips of the scandal involving Aamer to educate its under-19 and under-25… More »

Boycott still upset about run-out: Amiss

Boycott still upset about run-out: Amiss

Interview with the former England opening batsman, pioneer of batting helmets and scorer of 102 First Class hundreds. More »

IMG severs Kashmir from India

IMG severs Kashmir from India

Boundaries of the state altered in IPL manual. More »

Sawani, panel to sift through case

Sawani, panel to sift through case

The cricket Board's two-member inquiry panel and the ACSU Officer, Ravi Sawani, will hold a meeting this week to iron out issues before the probe starts… More »

England fend off NZ, enter semifinals

England fend off NZ, enter semifinals

CARDIFF: Cook's quick 64 sets up 10-run win in rain-hit game. More »

Hard for Warner to retain spot: Clarke

Hard for Warner to retain spot: Clarke

Captain Michael Clarke says it will be difficult for errant batsman David Warner to hold his place in the Australian side for next month's first Ashes… More »

Pakistan need Misbah: Wasim Akram

Pakistan need Misbah: Wasim Akram

Former Pakistan captain Wasim Akram has thrown his support behind under fire skipper Misbah-ul-Haq after the national team's disappointing Champions Trophy… More »

Dhoni urges team to stay grounded

Dhoni urges team to stay grounded

Indian captain Mahendra Singh Dhoni has told his match-winning young team to remain focused as it approached the business end of the Champions Trophy. More »

Allegations sadden Anderson

Allegations sadden Anderson

James Anderson has insisted that allegations of ball-tampering levelled against England by former captain Bob Willis are "very disappointing" and definitely… More »

Stewart set to take charge at Surrey

Stewart set to take charge at Surrey

Former England captain Alec Stewart is to take charge at Surrey, after his former club said on Monday that Chris Adams and Ian Salisbury were to leave… More »

Nielsen laments lack of Australia 'leaders'

Nielsen laments lack of Australia 'leaders'

Nielsen coached Australia from 2007 to 2011 and could call on the likes of senior players such as star batsman Ricky Ponting, now retired from international… More »

In Pictures: My father played cricket too

Father's Day gave us the opportunity to take a look at sons who followed their fathers onto the cricket field. This is not an exhaustive list, feel… More »

Disappointed with our performance: Misbah

Disappointed with our performance: Misbah

Birmingham: Pakistan skipper Misbah-ul-Haq on Saturday said he was disappointed with his team's performance after losing to India, their third consecutive… More »