Global Recession

Global Tectonic Shifts

Scheherazade Rehman | Posted 05.09.2012

Scheherazade Rehman

This is without doubt the worst financial crisis in over eight decades. There is a growing disquiet on the issues of fairness and justice of open markets economies.

Plutonomy and the Precariat

Noam Chomsky | Posted 05.08.2012

Noam Chomsky

The Occupy movement has been an extremely exciting development. If the bonds and associations it has established can be sustained through a long, dark period ahead -- because victory won't come quickly -- it could prove a significant moment in American history.

Ex-Iceland Prime Minister Faces No Punishment For Role In Financial Crisis

AP | ANNA ANDERSEN | Posted 04.23.2012

REYKJAVIK, Iceland — The leader of Iceland's government when the nation's banking system collapsed was convicted Monday of one criminal charge, ...

Cities With The Most Expensive Office Space

The Huffington Post | Harry Bradford | Posted 02.08.2012

The global economy may still be in dire straights, but if demand for rental office space is any signal, things could be looking up. The global mark...

10 Retailers With The Most Sales Worldwide

The Huffington Post | Harry Bradford | Posted 02.05.2012

Regardless of the number of mom and pops around the world, a small number of retailers continue to dominate the industry as a whole. Of the top 25...

Where Is the Burning Man Heading?

Efraim Chalamish | Posted 04.01.2012

Efraim Chalamish

The new regimes in the Middle East, driven by old and new strong Islamist political parties, face an unprecedented challenge. They need to bring years of economic regression to an end.

Davos 2012: Latin American Leaders Say Their Will Withstand Recession

AP | By NIKO PRICE | Posted 01.25.2012

DAVOS, Switzerland -- When the developed world sneezes, the old saying goes, Latin America catches a cold. But now, after decades of austerity and ref...

China Slowdown Spreading To Services Sector

Posted 12.05.2011

China's services sector cooled in November to its weakest growth in three months, an HSBC purchasing managers' index showed on Monday, the latest ...

OECD: All Major Economies Headed For Slowdowns

Posted 11.14.2011

None of the world's major economies will escape a slowdown, the Organization for Economic Co-operation and Development said on Monday, highlightin...

Global Recession? Jobs Gone? Everyone a Scapegoat.

Larry MacDonald | Posted 12.07.2011

Larry MacDonald

If you want to know when the recession will be over and things back to normal, just look at the dates and overlay the 11.1 year cycle, and you will be pretty close to prognosticating the recovery.

Soros: Three Steps Necessary To Avoid Global Meltdown

Posted 11.30.2011

Policymakers have lost control of the economic crisis and financial markets are forcing the world into a depression, George Soros said on Friday, ...

Can America Afford Equality?

Hoyt Hilsman | Posted 11.13.2011

Hoyt Hilsman

If we as Americans accept the idea that the only hope for our future rests with the rich and the multinationals, and that we must abandon the fundamental principle of equality of opportunity, then perhaps we need to take another look at the American Dream.

Paul Krugman: 50 Percent Chance Global Economy Will Enter Recession

The Huffington Post | Harry Bradford | Posted 11.09.2011

Even though Obama's jobs plan is "bolder and better" than Paul Krugman expected, the Nobel-Prize winning economist still told Bloomberg Television on ...

Where Is Globe Growth Without the U.S., Europe and Japan?

Jeffrey Rubin | Posted 11.08.2011

Jeffrey Rubin

everyone other than President Barack Obama realizes that further fiscal stimulus is out of the question. The real policy choice is how aggressively to rein in the deficit. And even that decision is more likely to be made by foreign creditors.

Asian Stocks Fall On Poor U.S. Jobs Data

AP | PAMELA SAMPSON | Posted 11.04.2011

BANGKOK — Asian stock markets took a beating Monday after U.S. job creation ground to a halt in August, reviving fears of a recession in the wor...

Nobel Prize-Winning Economist: 50 Percent Chance Of Global Recession

The Huffington Post | Harry Bradford | Posted 10.26.2011

Michael Spence, professor at New York University’s Stern School of Business and winner of the 2001 Nobel Prize in economics, told Bloomberg Televisi...

World Stocks Slide Again On Double-Dip Recession Fears

AP | COLLEEN BARRY | Posted 10.19.2011

MILAN — Global stocks fell again Friday as fears of a possible U.S. recession combined with ongoing worries over Europe's debt crisis, which is ...

Economists See Growing Risk Of Global Recession

AP | By CHRISTOPHER S. RUGABER and DEREK KRAVITZ | Posted 10.18.2011

WASHINGTON -- Discouraging economic data from around the globe have heightened fears that another recession is on the way. Fresh evidence emerged Thu...

Who Should We Trust? Dems, GOP... Standard and Poor's?

Paul Heroux | Posted 10.05.2011

Paul Heroux

Downgrading us could prove to be a credit rating agency disaster as it has with other countries that have been downgraded.

Global Economy's Expansion Will Comes Thanks To Emerging Powers: Poll

Posted 09.17.2011

The world economy should expand steadily this year and next thanks mainly to prospering emerging powers, a Reuters poll showed, but fiscal trouble...

If Oil Prices Continue Climbing, Count On Another Recession, Analysts Say

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011

Yet another group of analysts have issued a grim warnings about the recent run-up in oil prices. In a letter to clients, analysts at Bank of Americ...

'Democracy Recession' Sweeps The Globe

The Huffington Post | Curtis M. Wong | Posted 05.25.2011

Norwegians have the privilege of enjoying the most democratic government on the planet, a new report has found. Now in its third edition, the Econom...

It's Still L'Economie Globale, Stupide!

Robert A. Levine | Posted 05.25.2011

Robert A. Levine

Many say that the Obama administration should have focused on jobs earlier to prevent what happened on November 2nd. But, for two reasons, "focus on jobs" would have almost certainly failed to produce more jobs.

Which Country Suffered The Worst Recession? Not America

nytimes.com | Floyd Norris | Posted 05.25.2011

The Great Recession in America more than earned that title. But by international standards, it was not that bad. The recession caused a greater decli...

The Upside of the Economy's Downturn

Edward Muzio | Posted 11.17.2011

Edward Muzio

Has the recession benefited companies at the expense of individuals? It may seem that way. But even in the most difficult circumstances, sometimes everybody wins, at least a little.