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Global trade sees worst fall in over 60 years

Global trade sees worst fall in over 60 years

Global trade has suffered severely from the global downturn, falling by 12 per cent in 2009, the worst decline in over 60 years Pascal Lamy, the head of the World Trade Organization revealed Wednesday during a visit to Brussels. In March of 2009, the...
Is Capitalism Dead? Ahmadinejad and Munger think so

Is Capitalism Dead? Ahmadinejad and Munger think so

Iranian President Mahmoud Ahmadinejad said on Monday that dramatic change in world Share
Alan Greenspan: “Worst crisis in history”

Alan Greenspan: “Worst crisis in history”

Alan Greenspan has called the financial crisis, “by far the greatest financial crisis, globally Share
2010 to witness devastating Food Crisis

2010 to witness devastating Food Crisis

According to a recent analysis by Eric deCarbonnel from MarketSkeptics.com, “overwhelming Share
Dubai brings down the world

Dubai brings down the world

The Dubai government stirred up markets this week by its decision to delay the debt payments which its flagship holding company and corporate biggie, Dubai World owes. Share
Employees ’Twittering’ at work; productivity suffers

Employees ’Twittering’ at work; productivity suffers

According to a survey conducted by Morse, an IT service provider Share
New Report Declares “The Global State of Emergency”

New Report Declares “The Global State of Emergency”

A recently published report by the RC-Institute for Global Individuation, declares “The Global State of Emergency” warning that: “Humanity has 9 years left to take drastic measures.” Share
World recession easing, sluggish recovery in sight, says IMF

World recession easing, sluggish recovery in sight, says IMF

The world is starting to pull out of its first recession since World War II, said the International Monetary Fund in its latest report released Wednesday. According to the latest report, the global economy was already stabilizing, the financial crisis...
The ultimate – The UN hops onto the New Multilateralism bandwagon

The ultimate – The UN hops onto the New Multilateralism bandwagon

Raúl de Sagastizabal International Consultant, Montevideo: The international financial agencies reform bids have now been supplemented by an United Nations overhauling initiative. Additional resources, tougher powers for the Organization, are the scheme’s...
Financial crisis pushes more of world’s poor into hunger, warns UN body

Financial crisis pushes more of world’s poor into hunger, warns UN body

The United Nations committee tasked with building alliances in the global fight against hunger has warned that the world financial crisis will aggravate malnutrition among the most vulnerable in developing countries. Share
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