breakingnews
08.11.2008, 06:36
The CIS states are likely to be hit by the global financial crisis more than any other developing countries according to a new report from the International Monetary Fund, which is also predicting Russia’s previously robust GDP growth could slow to 3.5%.
10.11.2008, 07:27
G20 finance ministers and the heads of central banks met in Sao Paulo, Brazil, last week. They looked at ways to stop a global slowdown that could shrink trade world wide next year for the first time since 1982.
14.11.2008, 06:47
Despite some evidence to the contrary, US President George W. Bush insists the global financial crisis ‘was not a failure of the free market’. His defence of Western-style capitalism came just hours before world leaders were expected in Washington for a c
Published: 15 November, 2008, 14:33
G20 leaders are in Washington to discuss how to get through the financial crisis engulfing the planet. There are reports a preliminary agreement is nearly in place. According to French officials, the accord recognises the need to support the financial sys
