If bank runs in Greece spread to Spain, Italy, Portugal, and Ireland, they will then spread to Belgium and France and from there to other parts of Europe and, potentially, even the U.S.
On my way to our tiny airport in Maseru, I couldn't believe that in just a couple of days I would be speaking at a press conference in Washington, D.C. I am 37 years-old and I was finally fulfilling my lifelong dream of traveling to America.
It is time to challenge the underlying assumptions of austerity by asking three fundamental questions. (1) Is it fair? (2) Is it working? (3) Is it needed?
We need to not only take back our economic fate from Wall Street, we need to cleanse our values system of their culture as well.
Last week's shellackings across the Atlantic were bad news for both Democrats and Republicans -- because it will make bipartisan deficit reduction that much spookier for everybody in Washington.
There is no getting around the need to reduce debt levels. High debt leaves countries exposed to interest rate shocks, limits their capacity to respond to future shocks, and reduces long-term growth potential.
Now the dust has settled, let's celebrate the race for the World Bank presidency. We had the highest quality field in history and a winner who just might manage to refocus the institution on the dominant challenge of development today: inequality.
The man who brought you Too Big To Fail has had just about enough of everybody blaming him for big banks failing. In an interview with Fortune's Nin-...
The cultural fear is so intense that many Brazilian women are terrified of experiencing even the slightest contraction and believe that a vaginal birth will damage their bodies irreparably. Secondly, the physicians and pediatricians do not practice in groups and must be on call for their private patients 24/7.
Jamie Dimon would like you all to stop discriminating against banks now. The golden sun-god CEO of America's greatest bank, JPMorgan Chase, has becom...
Alan Greenspan said something about the budget deficit on Tuesday. The reason this is "news" is because it is shocking that Alan Greenspan is still allowed ever to speak publicly about matters of importance.
Did you know that every 90 seconds a woman dies from pregnancy-related causes? Every Mother Counts is dedicated to increasing education and support for reducing maternal mortality through programs around the world.
What will likely be absent in the inevitable debt debate before the election is any consideration of the relationship of debt to the requirement for perpetual economic growth and its role in the dramatic increase in economic inequality.
After a week of intense negotiations, civil society groups welcomed a rare victory on Thursday in the final Declaration of the UNCTAD XIII conference in Doha, Qatar.
Princess Marie Louise Hospital is an 86-year-old institution that specifically treats malnourished children and what I saw on my visit with the ONE Campaign today was astonishing.