Archive for global economy

Global economy would collapse in 7 days if a major disaster struck the planet

The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week as governments and businesses »»

Wendell Berry: 17 Rules For A Sustainable Local Community

(Editor’s Note: This list is all over the internet and I’m not sure who posted it first but all credit goes to the man »»

Roubini: ‘Perfect Storm’ May Threaten Global Economy

A “perfect storm” of fiscal woe in the U.S., a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, »»

World Bank Predicts Multipolar Global Economy

The World Bank predicts the loss of dominance for the US dollar. The world financial system is projected to become multi-currency one only in 2025. »»

Former Nazi Bank To Rule The Global Economy

European Central Bank chief Jean-Claude Trichet’s announcement that the Bank for International Settlements is to become the primary engine for global governance is a shocking »»

IMF Head Calls For Huge Global Warming Slush Fund

International Monetary Fund head Dominique Strauss-Kahn today called for a huge global warming slush fund to be established as an interim measure before carbon taxes »»

International Monetary Fund Slowly Taking Over as Global Economic Regulator and Banker

AP writes:

The Group of 20 countries have made the [IMF] the linchpin in their efforts to combat the worst economic downturn since the Great Depression

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Karl Marx and the Economic Crisis Today

In a recent article for Reuters, titled “Karl Marx and the World Financial Crisis,” Bernd Debussmann discusses the present global crisis. The reporter, far brighter »»

The G-20 Summit: Neoliberal Agenda Untouched. Next Phase of the Crisis is Looming

The G20 summit meeting in London from April 1st onward was loudly announced and publicized. Those 20 industrialized and emergent countries (G20) are meeting to »»

G20 will seek new international framework for global financial regulation

Union leaders from the UK and overseas have put forward a global five-point plan they want G20 leaders to adopt as a way of tackling »»

World Bank offers dire forecast for world economy

WASHINGTON: In a bleaker assessment than those of most private forecasters, the World Bank predicted Sunday that the global economy would shrink in 2009 for »»