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Global Recession

OECD: All Major Economies Headed For Slowdowns

Posted 11.14.2011 | Business

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 | Business
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 | Business

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 | Politics
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 | Business

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 | Business
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 | Business

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 | 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...

World Stocks Slide Again On Double-Dip Recession Fears

AP | COLLEEN BARRY | Posted 10.19.2011 | Business

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 | Business

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 | 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 trouble...

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...

UN Says Poor Nations On Track To Cut Poverty

AP | EDITH M. LEDERER | Posted 05.25.2011 | Impact

UNITED NATIONS — The global economic crisis has slowed the fight against poverty but the developing world is still on track to meet a key U.N. g...

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 ...