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24.11.2008, 18:56

Financial crisis to be overcome within 2 years - APEC

It could take two more years to tackle the world financial crisis. That's the message coming from the twenty-one nations attending the Asia-Pacific Economic Cooperation summit in Peru. The leaders signed a final declaration backing free trade and higher s

26.11.2008, 03:15

Medvedev aims to increase trade with Brazil

President Dmitry Medvedev aims to increase Russia-Brazil trade to $US 10 billion within the next few years. He made a statement to that effect at a Tuesday meeting with Russian and Brazilian businessmen.

26.11.2008, 20:19

Russia and Brazil agree to visa-free travel

Russians and Brazilians will now be able to visit each other’s countries without having to obtain visas. The deal was reached as President Medvedev paid his first official visit to the Latin American country.

16.10.2010, 01:30 15 comments

Socialism vs Capitalism in America

The tide of fear against Socialism is on the rise in America. At a time when the economy is so rough, why this debate over capitalism vs. socialism?

21.10.2010, 22:14 3 comments

"EU may waste money of member states” – analyst

The European Parliament has voted for a budget increase that would cost UK taxpayers an additional 900 million pounds next year.

Image from dailycal.org 03.03.2010, 00:49 75 comments

University of California campus erupts in riots

Violence breaks out as students at the flagship school of the University of California protest stiff tuition hikes.

23.10.2010, 00:52 7 comments

US on collision course with economic ruin

Finance ministers from the G-20 nations will meet in South Korea to address the global financial crisis. US Treasury Secretary Timothy Geithner is expected to push his plan aimed at rebalancing the world economy.

23.10.2010, 02:59 5 comments

Statistics highlight an American empire in decline

The US has long regarded itself as an exceptional nation, a beacon of democracy and progress throughout the world. Yet the statistics don’t exactly match the rhetoric.

30.04.2010, 13:37 16 comments

Debt-ridden Greeks angry at defense deal

Greece faces years of painful cuts to salaries in return for a multi-billion-dollar bailout from the International Monetary Fund and the EU. The Greek finance minister called it a “choice between collapse or salvation.”

Image from pakalert.files.wordpress.com 08.02.2010, 03:19 17 comments

BRIC will rule the world, but not that soon – former WB boss

For 40 years the US was the dominant economic power, but today China and India are emerging and there is a complete change internationally, former World Bank president James Wolfensohn told RT at Davos.

G20 outcomes offer hope but little detail

Published: 17 November, 2008, 08:10


G20 summit in Washington (AFP Photo / Rainer Jansen)

At the emergency summit in Washington, G20 leaders agreed to tighten regulations, clarify accounting rules and increase the transparency of the financial markets. But how to go about it remains unclear.

 
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