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Items tagged with: deficits
Tag was last used: Nov 20, 2010
 
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Posted By:  zephyr
Posted On:  Nov 20, 2010

  Free trade or nothing
By David Roberts So, not surprisingly, last week's G-20 summit in South Korean capital Seoul failed to resolve the global spat over currencies and their supposed undervaluation in certain countries, most notably the US and China. Beijing and Washington accuse each other of...... [view]
Posted By:  zephyr
Posted On:  Nov 15, 2010

  After the G20 summit
The G20 summit in South Korea ended, predictably, without any agreement between the major powers on resolving the increasingly fractious conflicts over currency and trade. The final communiqué on Friday barely attempted to paper over the divisions, setting a timetable for next year to agree...... [view]
Posted By:  zephyr
Posted On:  Sep 7, 2010

  Economic fault lines deepen in Europe
By Stefan Steinberg: Last week, the European Central Bank (ECB) raised its forecast for growth in the 16-nation Eurozone by just over half a percent, to an average rate of 1.6 percent for 2010. Earlier estimates had predicted growth of only 1.0 percent. This predicted increase is...... [view]
Posted By:  zephyr
Posted On:  Aug 31, 2010

  Global youth unemployment reaches record levels
By Jordan Shilton: The International Labour Organisation (ILO) has issued a report documenting the severe impact of the global economic crisis on employment prospects for the world’s youth. The report, “Global Employment Trends for Youth”, presents detailed statistics on the growing...... [view]
Posted By:  zephyr
Posted On:  Dec 26, 2009

  Fighting poverty more effectively in times of crisis
By Vinod Thomas and Marvin Taylor-Dormond: The current economic crisis could push nearly 90 million people into poverty worldwide, including some 8 million in Latin America and the Caribbean. Sounder macroeconomic policies and healthier financial sectors in the region today more than during...... [view]
Posted By:  zephyr
Posted On:  Jan 22, 2009

  Obama's Economic Plan Is Not Going to Save Us
By William Greider, The Nation: The nation's fast-darkening circumstances define the essential dilemma of Barack Obama's presidency. His instinct is to govern by consensus, in the moderate middle ground of politics. Yet dire events are pushing the new president toward solutions more...... [view]
Posted By:  zephyr
Posted On:  Nov 18, 2008

  Barack Obama's historic victory (2)
By RICHARD FALK* Barack Obama's presidential victory, above all, signaled to the world an American willingness to repudiate Bush militarist and unilateralist approaches to global policy. Time will tell, but what now prevails is an unprecedented mood of high and happy expectations.The...... [view]
Posted By:  zephyr
Posted On:  Oct 5, 2008

  Will capitalism collapse?
By ATİLLA YAYLA: The crisis in the financial markets and financial institutions that has affected the US and the UK and has the potential to slowly spread from these countries to other countries throughout the world has given the circles that hate the monster known as capitalism the chance...... [view]
Posted By:  zephyr
Posted On:  Oct 1, 2008

  Bailout Blues
By Joseph E. Stiglitz: It doesn’t take a genius to figure out that the United States’ financial system – indeed, global finance – is in a mess. And now, with the US House of Representatives having rejected the Bush administration’s proposed $700 billion bailout plan, it is also...... [view]
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