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Global Economy

Theoretical Currency: One Essential Step in Addressing the Global Financial Crisis.

MJR Montoya | Posted 05.25.2011 | Business
MJR Montoya

It has been a year since we have been aware of the severe financial downturn that has crippled the global economy. Since then, banking systems, finan...

Will Everyone Grab a Bucket? This Thing is Sinking

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

G-20 conferences have generally been for show. The stakes are real this time -- and the odds going in are against the president in gaining the bold action needed.

World Bank: the Incredible Shrinking Economy

Jacob Heilbrunn | Posted 05.25.2011 | World
Jacob Heilbrunn

More and more, the danger of a rerun of the 1930s, in which extremist movements profit from financial depression, looms as a real prospect.

Closing the Gender Gap on International Women's Day -- and Every Day

Klaus Schwab and Saadia Zahidi | Posted 05.25.2011 | World
Klaus Schwab and Saadia Zahidi

There is still much work to be done in education, health, the workplace, legislation and politics, before women around the globe enjoy the same rights and opportunities as men.

More Connected Than We Think

Jim Wallis | Posted 11.17.2011 | Healthy Living
Jim Wallis

While we evaluate our own response, our local churches' response, and our government's response to this economic crisis -- we must remember that we are more connected than we think.

Strength Of Women Can Rebuild Global Economy: Report

Ernst & Young | Posted 05.25.2011 | World

Ernst & Young has released a report during the World Economic Forum that highlights the significant and proven contributions women make toward busines...

Citigroup Job Cuts: Could Citi Be Headed For Buyout Or Government Takeover?

Huffington Post | Dave Burdick | Posted 05.25.2011 | Business

All weekend, the media has been atwitter with the rumor of enormous impending job cuts at Citigroup. This morning, Clusterstock reports that Citigroup...

Weekly Audit: It's a Recession, Stupid (and what that means) Economy NewsLadder

The Media Consortium | Posted 05.25.2011 | Business
The Media Consortium

We are clearly out of options that match up with Friedman's monetarism, indicating that public policy has nowhere left to turn except direct government spending on economic support.

EU leaders back sweeping financial regulations

AP | PATRICK McGROARTY | Posted 05.25.2011 | Business

BERLIN — European leaders mounted a united front against the global financial crisis Sunday, proposing sweeping new market regulations, but it r...

Has Dubai's Overblown Bubble Finally Burst? (PHOTOS)

Ahmed Shihab-Eldin | Posted 05.25.2011 | World
Ahmed Shihab-Eldin

"People were buying anything" my cousin told me over dinner at an empty, but delectable, Lebanese restaurant at The Emirates Mall of Dubai. "It didn'...

Stimulus Package and Scientific Illiteracy

Jeff Schweitzer | Posted 05.25.2011 | Politics
Jeff Schweitzer

Rather than keeping apace of scientific advances, the U.S. system of education has fallen woefully behind. The stimulus package can address this reality.

"I'm Sorry You're So Stupid:" Head of Iceland's Central Bank Refuses to Step Down

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

According to the Financial Times, this dispute is further damaging Iceland's standing in the eyes of foreign investors, and may endanger the IMF's plans for saving Iceland's economy.

Toyota Trouble: Posts Largest Loss Since 1950

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

Toyota, which just last year posted record profit and dethroned General Motors as the world's largest automaker, said it was headed for its first annu...

The Hypocrisy of the West

Ben Cohen | Posted 05.25.2011 | World
Ben Cohen

The Third World exists in a precarious state of neo colonial dependency and cannot follow our path out of economic disaster because we insist they don't.

Beyond the Age of Leverage: Alternative Cures for the Global Financial Crisis

Niall Ferguson | Posted 05.25.2011 | Business
Niall Ferguson

The harsh reality that is being repressed is this: the Western world is suffering a crisis of excessive indebtedness.

Girls' Session Steals the Show at Davos

Maria Eitel | Posted 05.25.2011 | Business
Maria Eitel

In a meeting where people were tripping over each other to hear ideas about how to move beyond this economic crisis, CEOs and heads of state wanted to learn what girls have to do with it.

20 Million Chinese Migrant Workers Unemployed

BBC | Chris Hogg | Posted 05.25.2011 | World

China says 20 million migrant workers have lost their jobs during the economic downturn - three times greater than had been suggested previously. A s...

New Report Hints at Broken Promises and Trouble Ahead for World Trade

Jake Colvin | Posted 05.25.2011 | World
Jake Colvin

The steps countries take over the coming months to respond to the global financial crisis will help determine whether the world is destined to learn from or repeat past mistakes.

Davos: How Will This Crisis Change Us?

Jim Wallis | Posted 05.25.2011 | Business
Jim Wallis

If we learn nothing from this crisis, then all the pain and suffering it is causing will be in vain. But if we can learn new habits of the heart, perhaps that suffering can even turn out to be redemptive.

Girls Are on the Davos Agenda... Before It's Even Started

Maria Eitel | Posted 05.25.2011 | Business
Maria Eitel

I promised to blog about the girl effect from Davos, but I have to admit I didn't expect the buzz to surface before the World Economic Forum's Annual Meeting had even started.

Time of Crisis and Opportunity

Kofi Annan | Posted 05.25.2011 | World
Kofi Annan

At Davos, our business and political leaders must show they understand that our world has shifted for good and that we have to change with it or perish.

Iceland's Ruling Coalition Dissolves

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

This past week saw thousands of demonstrators descend upon Iceland's parliament, in protest of the government's handling of the financial and currency crises that have hit this small island nation.

The Promise of Public Health

Amy L. Fairchild, Ph.D. and Ronald Bayer, Ph.D. | Posted 05.25.2011 | Politics
Amy L. Fairchild, Ph.D. and Ronald Bayer, Ph.D.

Like the provision of medical care to the ill, an effective health system -- which keeps children and adults from becoming sick in the first place -- depends on both vision and commitment.

Get Ready to Rumble: The Fight for the Next Economy Begins

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

Forget about a new era of bipartisan consensus and get ready to rumble. We're headed into pitched battles that will succeed only with massive popular mobilization.

Girls Take Center Stage At The World Economic Forum

Maria Eitel | Posted 05.25.2011 | World
Maria Eitel

This financial crisis intensifies the need to invest existing resources more effectively, and a new and effective approach is right under your nose. It's called the girl effect.