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Global Recession

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

The Huffington Post | Harry Bradford | Posted 10.26.2011 | Business

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

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

Paul Heroux | Posted 10.05.2011 | Politics
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 | Business

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

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

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

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 | World

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 | Business
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 | Business

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 | Healthy Living
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.

Where Miliband Meets Obama

Indra Adnan | Posted 05.25.2011 | World
Indra Adnan

Obama and Miliband have this in common: despite their strong left-wing credentials, neither are wholly committed to the historical, ideological frameworks of their parties.

Baltic Countries Show What Greece May Look Forward to if it Follows EC/IMF Advice

Mark Weisbrot | Posted 05.25.2011 | World
Mark Weisbrot

This is a train going in the wrong direction, and once you go down this track there is no telling where the end will be. Greece - like Latvia and Estonia - will be at the mercy of external events to rescue its economy.

Europe's MASSIVE Austerity Measures: The Countries Making The Biggest Cuts (PHOTOS)

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

To reduce their budget deficits, nations across Europe are slashing public sector wages, axing child benefits and closing hospitals. Battered by ye...

Asia: Leading the Global Recovery

Anoop Singh | Posted 05.25.2011 | Home
Anoop Singh

I am in China this week to present our new Asia-Pacific Regional Economic Outlook in Shanghai. I remain as impressed as ever by China's energy and vib...

Minimum Wage, and Controversy, Reaches Distant U.S. Islands

Michelle Chen | Posted 05.25.2011 | Politics
Michelle Chen

The 2007 increase in the minimum wage was a modest boost for America's low-wage labor force, but it's making a far bigger splash in the Pacific Ocean, on two remote outposts of the American empire.

The New York Times Continues Its Fawning Coverage of Saudi Oil Policies

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

A recent report in the Times on the geopolitics of oil misses key points in describing Saudi Arabia's oil policy, and incorrectly asserts that the global recession "forced" the country to reduce production.

Gary Gensler CFTC Chairman: Three Key Reforms Will Prevent Another Derivatives 'Inferno'

ft.com | Gary Gensler | Posted 05.25.2011 | Business

In the autumn of 2008, certain financial institutions kicked over the lantern that set off the financial crisis -- a fire that nearly burned down the ...

Irish eyes aren't smiling on the Emerald Isle

Rory Fitzgerald | Posted 05.25.2011 | Home
Rory Fitzgerald

EXPECT MORE Irish misery memoirs in 20 years' time. Like a familiar glove, despondency has again wrapped itself around the Emerald Isle. Except this t...

Nouriel Roubini: Stimulus Exits Must Be Timed To Prevent Second Downturn

Posted 05.25.2011 | Business

In an interview from Davos today, economist Nouriel Roubini told Bloomberg Television that the global economy could endure a second recession if gover...

Obama's Off To A Very Good Start

William Bradley | Posted 05.25.2011 | Politics
William Bradley

I think Obama's off to a very good start. But let's not clear space on Mount Rushmore yet. Just as I didn't think he deserved the Nobel, I don't think that Obama's very good start equates to a great presidency.

Fareed Zakaria: China Is The Recession's "Winner"

newsweek.com | Fareed Zakaria | Posted 05.25.2011 | Business

The great surprise of 2009 has been the resilience of the big emerging markets -- India, China, Indonesia -- whose economies have stayed vibrant. But ...

Three Month's Wages for a Can Opener

Yoani Sanchez | Posted 05.25.2011 | World
Yoani Sanchez

The store is located at the corner of Galiano and San Rafael streets. It's like an alien spaceship that landed in a neighborhood that has seen its businesses turned into homeless shelters.

Thriving Costa Rica Sex Trade Attracts Prostitutes, Patrons From Afar

Huffington Post | Posted 05.25.2011 | World

The Miami Herald reports that the global recession has boosted Costa Rica's sex trade as more women from countries throughout Latin America travel to ...

The Outsourcing Dilemma

Posted 05.25.2011 | Business

Sarah Atkinson Ramirez shared her story with HuffPost. Her story affect her entire town, a town that her family helped build. Sarah runs the Atkinso...

World Job Market Showing Signs Of Recovery

The Guardian | Kathryn Hopkins | Posted 05.25.2011 | World

Britain's employers are reporting improved recruitment plans for the first time in three years, offering a "glimmer of hope" to jobseekers in the run-...

Ireland, Long One Of World's Most Expensive Countries, Gets Cheaper

Global Post | Posted 05.25.2011 | World

By Conor O'Clery | GlobalPost DUBLIN -- Long classified as one of the more expensive countries in the world, Ireland is steadily becoming a cheaper p...

Latest Consumer Spending Data Much Worse Than Expected

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

The centrality of the U.S. consumer to the overall global economy has meant his pulling back on a debt induced shopping spree, which has sparked a worldwide synchronized recession.