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Trade Not Aid?
Despite pledges on the part of donor countries in 1970 to spend 0.7% of GNP on official development assistance (ODA), this target is still proving elusive 40 years later. However, many would argue that ODA is not the best way to tackle poverty and its...
Japan heading for “financial meltdown” says analysts
Japan’s economy is heading towards financial meltdown, say analysts, who see that public debt in Japan is greater than that of any other industrialised nation. Public debt in Japan is heading towards 200 per cent of GDP within the next year. Hideo...
Debt Burden Continues to Cripple the South
Between 1970 and 2002, the continent of Africa received some US$540bn in loans. However, a United Nations Conference on Trade and Development (UNCTAD) study, Debt Sustainability: Oasis or Mirage? revealed that despite repaying some US$550bn in principal...
U.S. Policies Fail to Avert Hyperinflation
The United States send weak economic signals insufficient for a meaningful and sustainable economic expansion required to gain back confidence of national and foreign investors, futureofdollar.com finds in the present research. Political decision-making...
Portugal smashed by rating downgrade
Portugal’s credit rating was lowered to AA- by Fitch Ratings on Wednesday, citing that the Portugues public finances are deteriorating. The outlook provided remains “negative” signalling further downgrades are on the horizon. “A...
The Future of the U.S. Dollar
March 10, 2010 – FutureOfDollar.com © INTRODUCTION The World is concerned that the dollar cannot play the role of the main reserve currency any longer after the financial crisis sparked by the collapse of the U.S. mortgage market led to the worst...
Dr Doom advises investors to prepare for a “dirty war”
Marc Faber, who predicted the 1987 stock market crash and the current economic downturn, has warned investors who manage billions, that they should prepare for a “dirty war” and buy farmland and gold. The bleak warning of social and financial...
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 has called the financial crisis, “by far the greatest financial crisis, globally Share
