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15.10.2008, 13:01

It must be raining cents in Washington

The penny has dropped and U.S. leaders have followed Germany and several other European countries in buying government stakes in banks to boost public confidence and prevent a rush by depositors to stuff their savings under the mattress.

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

AFP Photo / Fabrice Coffrini 26.10.2008, 10:31

The Davos Blues

Trumpeters in Swiss traditional costume blared their fanfares as the financiers walked in.

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.

31.10.2008, 19:03

Credit crunch rockers sing the blues

There are different ways to respond to an economic meltdown. Five hard-up British builders saw an opportunity to form a band. And they've been singing their way out of recession at a building site in London's Canary Wharf.

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

Joking the crisis away

Published: 27 October, 2008, 14:00


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

 
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