Global Recession And The New Financial Order
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Dear Reader December 2009 | Vol. 23 No.11 As we bid farewell to the first decade of the 21st century, we find ourselves poised on the brink of a remarkable new reality. The sometimes cataclysmic events of the past year have cemented, and in some cases acce...
Dear Reader OCTOBER 2009 | VOL. 23 NO.9 Dan Keeler dan@gfmag.com At last, after months of uncertainty, countries around the world are beginning to quietly unwind their stimulus programs, suggesting that those in the know are confident the w...
Ample liquidity and a bold government stimulus package have catapulted China past stumbling rival economies. THE NEXT GREAT LEAP FORWARD Ample liquidity and a bold government stimulus package have catapulted China past stumbling rival economies. By T...
The campaign to depose the dollar as the global reserve currency has grown significantly stronger with the publication of a United Nations Conference on Trade and Development (UNCTAD) report outlining the role currency speculation and different exchange rate mechanisms ...
The Group of 20 finance ministers and central bank governors agreed at a meeting in London on September 5 that it was far too early to begin unwinding the emergency measures taken to rescue the global economy. “We will continue to implement decisively our necessary fi...
Egypt sidestepped the worst effects of the global crisis and is reinforcing its position as a regional economic power. BREAKING OUT Egypt sidestepped the worst effects of the global crisis and is reinforcing its position as a regional economic power. By A...
Spain’s banks and savings institutions are still reeling from the collapse of the country’s housing market. A TOUGH ROAD AHEAD Spain’s banks and savings institutions are still reeling from the collapse of the country’s housing market. By Antonio G...
US Trade Representative Ron Kirk hailed the World Trade Organization’s dispute panel’s ruling in August against China’s system of importing and distributing books, magazines, films, DVDs, video games and sound recordings. UNITED STATESCHINA By Gordon Pla...
The populist uprising against paying big bonuses to top executives of banks bailed out with taxpayer money is in large part warranted, according to a study by an independent compensation consulting firm. UNITED STATES By Gordon Platt B...
Banks’ investment banking businesses are making money again and the better-than-expected US non-farm payrolls in July took the markets by surprise. GLOBAL By Anita Hawser Shut down: Many businesses are still pessimistic ...
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