Crisis in Dubai is over, says official

According to a report by Reuters, the United Arab Emirates’ foreign minister said 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...

IMF: Economic crisis to cost $4 trillion

The IMF has calculated that global losses from the financial crisis could rise to $4 trillion. While some are already talking about recovery and others promoting “glimmers of hope”, the IMF warned that “the challenges to restoring...

BBC Poll: Russians worried by global crisis

A third of Russians polled by the BBC are concerned by falling living standards and financial problems Share

Hungary PM resigns over financial crisis

Hungarian Prime Minister Ferenc Gyurcsány surprisingly Share

G-20 get together to tackle global crisis

Finance ministers and central bankers from the 20 countries making up the G-20 have completed a two-day gathering in Britain to discuss the global financial crisis. Share

Global financial crisis forces Latvia’s government to resign

Latvia’s government resigned Friday after weeks of chaos due to the country’s economic collapse. Share

World Bank predicts devastating global poverty

On Friday the World Bank issued a press release predicting devastating figures on poverty around the globe. Share

US top security threat: The economic crisis

The economic crisis has risen to the top of the list of security threats to the United States Share

Worst crisis in 100 years says UK politician

The UK Children’s and Schools secretary Ed Balls, has warned that the world is facing its worst recession in over a century, Share