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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.
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Time.com - Yemen-Saudi Skirmishes Threaten a Wider Conflict
Library of Congress, Federal Research Division - Country Profile: Yemen
New York Times Online - In Yemen, War Centers on Authority, Not Terrain
Al Jazeera English - Yemen Conflict...
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Financial Times – Locals suffer in spat over US-Columbia pact
Financial Times – Columbia appeals to UN over Chavez threat
The Wall Street Journal – Obama is Optimistic About U.S., Columbia Free Trade Deal
El Universal – Samper rebuts...
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Economist: Faring well; An imperfect storm
Center for Market and Public Organization: Job Guarantee: Evidence and Design
India’s job guarantee scheme under National Rural Employment Guarantee Act of (NREGA) promises 100 days of...
Sources: Ft.com: Fed Bans Unauthorized Overdraft Charges; WSJ.com: Fed Slaps Curbs On Overdraft Fees; Reuters.com: Fed Bars ATM Card Overdraft Fees Absent Opt-in.
Thursday, November 12, The U.S. Federal Reserve announced the imposition of a new Fed...
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...