Emphasizing the need for advanced economies to work closely with emerging economies to avoid nationalistic and protectionist behavior in dealing with the global economic crisis, the G-8 nations...

After a very turbulent, stressful week for investors, traders, and anyone who watched the numbers, global markets started the week off strong on Monday, with the Dow Jones closing up more than 900 points—its biggest point gain in a single day ever.

The US bailout plan is expected to have a positive impact on Middle East markets, which plummeted amidst psychological fears of a spillover from the US financial crisis. It is anticipated that the plan will work to evade the collapse of the world...

There seems to be some debate as to how sovereign wealth funds (SWFs) in the Middle East will respond to the recent credit crisis. Some assert that SWFs in the Middle East, not unaffected by the credit crisis, will now turn their attention, and...

As the number of U.S. institution falling prey to the worsening global financial predicament grew in the early week, the financial community’s eyes turned to the world’s central banks.

Sources: WSJ: CrackING Down on Europe’s Banks Star News Online: ING to Split in Two Amid $11.3 Billion Rights Issue WSJ: ING to Spin Off Units in Bid to Assuage EU Over State Aid This week the European Union forced the Dutch banking and insurance...

Sources: NYT: No Prize to Ex-head of state this year AllAfrica.com: Africa - No Ibrahim Leadership Prize to be Awarded This Year BBC News: African leadership prize withheld BBC News: Prize offered to Africa's leaders Wikipedia: Ibrahim...

Sources: World Bank Report Highlights Progress in Addressing Corruption Risks Integrity Vice Presidency Annual Report Fiscal Year 2009 The World Bank Group has taken steps during the past year to address corruption risks and ensure that...

Sources: Reuters - IMF says Brazil capital tax not enough on its own Reuters - Brazil open to extra measures after new inflows tax Financial Times - Brazil imposes tax on foreign investments Financial Times - Brazil sets 2% tax on capital inflows...

Sources: FT.com: Obama ‘Pay Tsar’ to Order Deep Cuts; CnnMoney.com: Who Cares if Wall Street ‘Talent’ leaves; huffingtonpost.com: Obama Pay Cuts: White House Forcing Bailed-Out Companies to Slash Compensation; WSJ.com: Fed Hits Banks With...