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U.S. President George W. Bush (L), French President Nicolas Sarkozy (C) and President of the European Commission Jose Manuel Barroso (AFP Photo / Ludovic) 19.10.2008, 15:25

World leaders to unite for finance crisis summit

The presidents of the United States and France, as well as the head of the European Commission, have agreed to start consultations with world leaders on holding a series of summits devoted to fighting the global financial crisis – starting next

AFP Photo / Bay Ismoyo 23.10.2008, 10:31

Global financial controls and global socialism

Let’s remember the Asian financial crisis of 1997-98. Policies called ruinous ten years back are our only hope today. Throwing money at the crisis can only work if everyone simultaneously does the throwing – and that lea

10.11.2008, 08:45

Learning crisis-speak

An Australian governmental panel says the word “drought” sounds too depressing to farmers. “Dryness” is a term with a less negative connotation and is the national alternative. RT looks into other linguistic sleights of hand that c

27.10.2008, 09:32

My own financial crisis - blame the sodding YEN!

As the world’s major banks fail and consolidate into one BIGBANK and millions and millions lose their jobs, I’m doomed to become the latest victim of world financial turmoil.

29.10.2008, 17:12

Crisis myths damn the bailout

Researchers at the one of the 12 Federal Reserve banks, Minneapolis, have challenged U.S. authorities to publish the data which justifies the multi-billion-dollar bank bailout.

03.11.2008, 15:52

Medvedev calls for reform of world financial system

Until a couple of months ago, some economists argued Russia’s robust growth of recent years had effectively “decoupled” it from a direct correlation with the US economy. While the financial crisis proves the theory wrong, the Russian governmen

22.11.2008, 20:45

Africa turns to circumcision in fight against AIDS

In African cultures, such as the Bugisu of Uganda, a male is not considered a man until he is circumcised. In other cultures, such as the Luo of Kenya, circumcision was forbidden. But scientific studies showing that circumcision reduces a man’s chance of

AFP Photo / Mikhail Klimentyev 21.10.2008, 13:08

US mistakes have damaged Russian economy – Medvedev

Russia is being made to pay for the financial blunders made by the US as it fights the effects of the global financial crisis, according to Dmitry Medvedev. The Russian President was speaking at the opening of the Square of Russia in the Armenian capital,

Americans loving their dollars

Published: 25 October, 2008, 19:31


Home repossessions, tight budgets, money worries — that is the bleak story for many Americans in the U.S. But for Americans living in countries such as South Africa who still receive their salaries (or conduct business) in dollars, there is brightness for

 
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