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Global Economy

Geithner 'The Force Of The Global Recession Is Receding'

AP | ADAM SCHRECK | Posted 05.25.2011 | Business

DUBAI, United Arab Emirates — U.S. Treasury Secretary Timothy Geithner reached out to Gulf Arab leaders Tuesday, stressing to some of America's ...

Keynes: A Man for This Season?

Walden Bello | Posted 05.25.2011 | Politics
Walden Bello

Government must step in to remedy the failure of the market. This is, of course, the great lesson that Keynes imparted.

Manufacturing and the Limits of Comparative Advantage

Ralph Gomory | Posted 05.25.2011 | Business
Ralph Gomory

Vague talk about future innovations, a post-industrial society, or an explosion of services exports is not the stuff on which to bet the prosperity of a nation.

Waxman-Markey Property Rights to the Sky ? Part 3 Interview with Economist James Quilligan

Christiana Wyly | Posted 05.25.2011 | Politics
Christiana Wyly

Greening all of the world's businesses and our consumer habits through the economic signals of the marketplace will not change the energy base of civilization from fossil fuel.

The Juggling Contest -- Balancing the Global Economy: An interview with Economist James Quilligan

Christiana Wyly | Posted 05.25.2011 | World
Christiana Wyly

James Quilligan: "The immediate crisis we are facing is to shift from seeing energy, nature, food and water as monetized commodities to recognizing them as reserve values... essential for our survival."

China May Ban US Chicken: WSJ

Wall Street Journal | Posted 05.25.2011 | World

China is expected to ban imports of U.S. chicken in coming days, a move likely to deliver a blow to the struggling American chicken industry and escal...

You Can be Great at Soccer or Globally Dominant -- You Can't be Both

Zachary Karabell | Posted 05.25.2011 | World
Zachary Karabell

The United States lost to Brazil in the final of the FIFA Confederations cup. All I can say is, thank God.

Stimulate This!

Christiana Wyly | Posted 05.25.2011 | World
Christiana Wyly

Without coordinated efforts by developed nations to help the world's poorest nations, 100 million people may fall into extreme poverty each year for the foreseeable future.

China Reserve Currency Proposal Formalized

Wall Street Journal | Posted 05.25.2011 | World

China's central bank reiterated its call for the creation of a new international currency that could replace currencies such as the dollar in countrie...

I Just Don't Get It

Larry Gellman | Posted 05.25.2011 | Politics
Larry Gellman

It seems pretty clear that Obama is actually insisting that we change the approach that led the economy off a cliff. I just don't get it.

World Bank Issues Gloomy Forecast on Global Economic Crisis

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

This is a disaster-laden forecast, which essentially describes a developed global economy mired in staggering contraction.

A Call for Courage: the Upcoming UN Summit on the Economic Crisis

Kumi Naidoo | Posted 05.25.2011 | World
Kumi Naidoo

The financial and economic crisis is hitting the poor the worst.

Building a National Innovation Movement

Gary Shapiro | Posted 05.25.2011 | Business
Gary Shapiro

Will we step boldly into the new economic reality with a plan for creating jobs? Or will we look to unsustainable government protections that will force the US to take a backseat in the new era?

World Economic Forum: Progress Across Africa Depends on Girls

Maria Eitel | Posted 05.25.2011 | World
Maria Eitel

I mentioned last week that girls would be front and center at the World Economic Forum on Africa's session entitled "The Girl Effect in Africa." By al...

Cap and Trade Part 2: Walking the International Tightrope

Bill Chameides | Posted 05.25.2011 | Green
Bill Chameides

Any international climate treaty that omits an eventual cap on China's emissions will be a treaty that fails to prevent dangerous anthropogenic interference on the climate.

Cap and Trade Part 1: It's About the Cap, Stupid

Bill Chameides | Posted 05.25.2011 | Green
Bill Chameides

Where the climate is concerned, don't be fooled: it's ultimately about the "cap" not the "and trade" part.

Holes in the China Recovery Story

Michael J. Panzner | Posted 05.25.2011 | Business
Michael J. Panzner

While the nation's growth strategy and comparative advantages may eventually prove the optimists correct, right now, at least, the China recovery story seems to have lots of holes in it.

Bad Vibes from the Stars

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

The L-shaped economy that we're in is one which won't get much better and will require an adjustment to lower economic growth and a lower standard of living.

Stealth Move in Washington Aims to Get $100 Billion for IMF Without Congressional Debate

Mark Weisbrot | Posted 05.25.2011 | World
Mark Weisbrot

We are told that poor countries will suffer if the IMF does not get a $108 billion appropriation from Congress immediately. But this is nonsense.

Pakistanis Prioritize Economy Over Terrorism: Poll

New York Times | Posted 05.25.2011 | World

As the Pakistani military pressed its campaign to root out Taliban militants from three districts northwest of the capital, a new poll showed that an ...

Dollar Doomed, Gold Glitters

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

In a G2 world (the US and China), he who is the piper calls the tune and China holds a US$2-trillion mortgage on the U.S. and is not happy.

100 Days of Obama and the Global Economy

Blythe McGarvie | Posted 05.25.2011 | World
Blythe McGarvie

"Those who do not learn from history are doomed to repeat it" as Amerian George Santayana wrote. One of the best ways to understand Obama's first 100...

Creating Shared Value

Peter Brabeck-Letmathe | Posted 05.25.2011 | Business
Peter Brabeck-Letmathe

If you fail to work on behalf of the public interest and take shortcuts that place the public at risk, you also will fail your shareholders.

Geithner: We're Not Close To "Emerging From The Darkness"

Wall Street Journal | DEBORAH SOLOMON | Posted 05.25.2011 | Business

Treasury Secretary Timothy Geithner said the world's economies are beginning to stabilize but cautioned that it is "too early" to say risks have reced...

Julie Satow

Economist: America Is Just Like An Emerging Market, Wall Street Oligarchs And All | Julie Satow | Posted 05.25.2011 | Business

America may be more like an emerging market than we realize. That is the analysis by an increasingly vocal and influential professor at MIT, Simon Jo...