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Hugo Chavez (AFP Photo / Thomas Coex) 08.10.2008, 15:25

Chavez names ‘Comrade Bush’ a socialist

George Bush has been the target of fresh jibes by Venezuelan leader Hugo Chavez for doing exactly what he was criticising the socialist leader for – overriding market laws to protect the economy.

15.10.2008, 02:09

Financial crisis: what no one wants to admit

It’s the financial crisis that has affected all of us in one way or another. However, it now looks like we may just be getting over the worst of it.

25.10.2008, 19:31

Americans loving their dollars

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

27.10.2008, 14:00

Joking the crisis away

It appears that Russians prefer to fight the global credit crunch with a good laugh.

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.

29.11.2008, 10:18

Commies urge more help for poor in recession

While unfettered capitalism is said to be behind the global financial crisis, its alternative is being showcased in Moscow this weekend. Russia's Communist Party is holding a two-day congress to discuss a solution to the world's credit crunch.

29.11.2008, 19:20

Vote red to get out of the red!

Russia's Communist Party says it has the solution to the financial crisis. The party’s leader, Gennady Zyuganov, has complained bitterly about Kremlin policies and called for the restoration of the Soviet Union, proclaiming “renovated socialism of t

Global financial controls and global socialism

Published: 23 October, 2008, 10:31
Edited: 11 March, 2010, 16:39


AFP Photo / Bay Ismoyo

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

 
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