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Global Economy

Chart: U.S. Debt Ceiling Explained

Posted 07.26.2011 | Politics

Congress, the White House and various political onlookers have been debating the seriousness of the U.S. debt ceiling and outlining different scenario...

Mandy Jenkins

10 Ways The Debt Ceiling Affects You | Mandy Jenkins | Posted 07.24.2011 | Politics

Does all this talk of debt ceilings make your eyes glaze over? You know it has something to do with bonds and defaulting, but that's about it. You wan...

In Asia, Raising the Wage Floor Toward Global Labor Justice

Michelle Chen | Posted 07.23.2011 | World
Michelle Chen

While multinationals have prowled the planet to exploit the cheapest workforces they can find, advocates call for a common living wage standard to ensure workers from Shenzhen to Sri Lanka aren't working themselves deeper into poverty.

Managing Economic Policy in a Multipolar World

Otaviano Canuto | Posted 07.19.2011 | Business
Otaviano Canuto

It's no secret that current account imbalances exist around the world. In many cases, these imbalances may be benign and merely reflect market-driven ...

Strauss-Kahn's Arrest A 'Disaster' For IMF

The Huffington Post | Maxwell Strachan | Posted 07.16.2011 | Business

What the arrest of International Monetary Fund chief Dominique Strauss-Kahn means for the global economy has only just begun to take shape. On Sat...

President's Committee Makes Strongest Case Ever for Arts Education

John M. Eger | Posted 07.09.2011 | Education
John M. Eger

A recent report unveiled the President's thinking about the important connection between art and culture and creativity and innovation, and promised an agenda for reinventing education in America.

U.S. Multinationals Revive NAFTA-Style Trade Deals on Capitol Hill

Michelle Chen | Posted 07.08.2011 | Politics
Michelle Chen

Whatever nation wins in the neocolonial land grab, multinational agribusinesses will come out on top. As we saw with the NAFTA in Mexico's designated rural sector, big agriculture's gain is the small indigenous farmer's loss.

The Coming of the Global Mobile

Tina Wells | Posted 07.06.2011 | Business
Tina Wells

Millennials have grown up in this world of instanity, where information, photos, and prices (when they're shopping) are just one click away. They are ...

Official: Fed Prepared To Fight Inflation, Just Not Yet

Posted 07.05.2011 | Business

LAS CRUCES, New Mexico (Pedro Nicolaci da Costa) - Inflation remains well under control, despite the spike in oil prices, but the Federal Reserve ...

State-Owned Firms, Not Currency, Is Biggest Chinese Threat, Business Group Says

Posted 07.03.2011 | Business

WASHINGTON (Doug Palmer) - The United States should focus less on China's currency practices and more on the threat to U.S. companies posed by Bei...

China Manufacturing Growth Slows

Posted 07.01.2011 | Business

(Reuters) - China's manufacturing growth slowed in April, a survey showed on Sunday, suggesting that the government's tightening efforts have weig...

Lila Shapiro

Richer, More Equal Countries Are More Trusting, Study Finds | Lila Shapiro | Posted 06.20.2011 | Business

People living in richer, more egalitarian countries trust their fellow human beings more, new data shows. Countries with high median household inc...

$1500 Per Ounce

Posted 06.20.2011 | Business

LONDON (Jan Harvey) - Gold shot up above $1,500 an ounce on Wednesday for the first time ever as worries over the health of the global economy boo...

Lila Shapiro

U.S. Companies Hire Abroad, Fire At Home | Lila Shapiro | Posted 06.19.2011 | Business

Large U.S. companies increasingly hire abroad and fire in America, according to new government data. In the last decade, American multinational corp...

Japan's Earthquake Will Hit Economy Harder Than First Feared

Posted 06.12.2011 | Business

TOKYO (Rie Ishiguro and Shinji Kitamura) - The economic damage from Japan's massive earthquake and tsunami last month is likely to be worse than fir...

Gordon Brown: Global Economy Still Not at a New Normal, Still Evolving, Shocks Ahead

Steve Clemons | Posted 06.10.2011 | World
Steve Clemons

Brown demonstrates something that we have seen before in the likes of John Kerry and Al Gore. Each was too cautious, too pruned and too stiff when running to secure the highest office in their respective lands.

Iceland Again Rejects Debt Deal To Repay UK, Dutch

AP | BY GUDJON HELGASON | Posted 06.10.2011 | Business

REYKJAVIK, Iceland -- Voters in Iceland have rejected a government-approved deal to repay Britain and the Netherlands $5 billion for their citizens' d...

At G20, Geithner Drops Thinly Veiled Swipe At China

Reuters | Posted 05.31.2011 | Business

NANJING, China: Tightly controlled exchange rate regimes are the main flaw in the international monetary system and the solution is simple, U.S. T...

A Peaceful Future: What Does It Take to Get There?

Roya R. Rad, MA, PsyD | Posted 11.17.2011 | Healthy Living
Roya R. Rad, MA, PsyD

We need to take steps to become aware and demand change not only for a better life for us but for a better life for all humanity, asking for global changes, deep and root-oriented changes.

It's a Matter of Mindset: Ten Principles for Unleashing Critical Thinking

Christine M. Riordan | Posted 05.25.2011 | Denver
Christine M. Riordan

The business world is changing at an astonishing and complex pace. Companies need critical thinking skills to not only thrive but also survive in this environment.

As the Global Economy Trembles, Our Nation's Capitol Fiddles

Robert Reich | Posted 05.25.2011 | Politics
Robert Reich

The world's third largest economy suffers a giant earthquake. A civil war in Libya and tumult in the Middle East cause crude-oil prices to climb. Poor harvests around the world make food prices soar. And Washington is doing nothing.

An Important Starting Point -- With One Gap

David Romer | Posted 05.25.2011 | Business
David Romer

Despite economic deterioration, the dire sense of urgency in late 2008 has not increased. Indeed, it has largely disappeared. I find this complacency in the fact of vast, preventable suffering and waste hard to understand.

Geithner and the Post-WWII Utopian Vision

Michael Likosky | Posted 05.25.2011 | Business
Michael Likosky

Yesterday, Treasury Secretary Timothy Geithner laid out the case for increasing our financial commitments to the World Bank and its sibling regional development banks.

Geithner: U.S. Must Help 'Nurture' Emerging Markets

Posted 05.25.2011 | Business

WASHINGTON (By Glenn Somerville and Lesley Wroughton) - U.S. Treasury Secretary Timothy Geithner urged lawmakers on Wednesday to approve capital ...

The Collapse of the Old Oil Order: How the Petroleum Age Will End

Michael T. Klare | Posted 05.25.2011 | World
Michael T. Klare

Don't count on any new order to deliver enough cheap oil to preserve the Petroleum Age. Since no area is capable of replacing the Middle East as oil exporter, the oil economy will shrivel, and with it, the global economy as a whole.