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War Weakens America
America’s ascendancy to world power status occurred during its period of inter-war isolationism. Its pre-eminence was catapulted further by its involvement in World War Two. The spoils of war and removal of Germany and Japan as major trade competitors...
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
Recession in Brazil ends, GDP grows 1.9 per cent
According to the latest figures released Friday by the Brazilian Census Bureau (IBGE) Share
Global Financial Crisis – The Road to the Pittsburgh Summit
It may surprise readers to learn that this World Economic Outlook sees global economic risks as having declined since our last issue in September 2006. Certainly this is at odds with many recent newspaper headlines and commentary, which have focused on...
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...
Global financial crisis: How New will the New Multilateralism be?
It is safe to assume that many common people of yore might have believed – with typical end-of-tragedy romanticism, that postwar multilateral institutions heralded the advent of an era of understanding among the human beings, and were the touchstone...
Swine flu worsens already dire global economic crisis
Many officials fear that the outbreak could be on the verge of a global pandemic Share
Brazil loses 654,000 jobs in December
Brazil saw 654,000 jobs lost in December as the global crisis hits Latin America’s larget economy. The countries worst affected sectors were industry, agriculture and construction. Share
