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Global Credit Crunch

Bonnie Kavoussi

Crunch Time: Bank Downgrade, Credit Squeeze Signal Possible Return To 2008

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.15.2011 | Business

The situation in Europe is hitting global credit markets, making it harder for companies and banks to secure loans. Investors are buying fewer corpora...

Poor Countries Hit By Second Wave Of Economic Downturn

The Economist | Posted 05.25.2011 | World

"POOR countries are innocent," says Ngozi Okonjo-Iweala, the Nigerian managing director of the World Bank. They did not contribute one jot to the glob...