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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.
Sources: Canada.com: Canada's housing bubble could soon burst: Merrill Lynch; WSJ.com: Housing Rebound in Canada Spurs Talk of a New Bubble.
Analysts have been watching Canada’s housing market closely for the last few months, alarmed by its...
NPR: Justice Deal May Save Northern Ireland Government
The Guardian: Brown Hails 'New Chapter' in Northern Ireland as End to Years of Violence
New York Times: Agreement Saves Northern Ireland Government
Northern Ireland is one of the four countries...
Economist.com: The Bihari enlightment; Bihar's remarkable recovery
Indianexpress.com: At 11.03 per cent, Bihar growth rate only a step behind Gujarat; Bihar shows good regulations can speed up growth: Moody's
TimesofIndia.com: Nitish asks India Inc to...
Sources: FT.com: Small Businesses Fail to Profit from Rebound; Reuters.com: The State of Small Business; USAToday.com: Strategies: Making Obama’s Small Business Plan Work.
President Barack Obama released his 2010 budget proposal Monday, setting...