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GLOBAL-ECONOMIC-CRISIS

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World's hungry reach more than 1 billion in '09: U.N.
Source: Reuters

A combination of the food crisis and the global economic downturn has pushed more than 1 billion people into hunger in 2009, U.N.

Meredith Whitney: The Credit Crunch Continues
Source: Wall Street Journal

"Anyone counting on a meaningful economic recovery will be greatly disappointed. How do I know? I follow credit, and credit is contracting. Access to credit is being denied at an accelerating pace. Large, well-capitalized companies have no problem finding credit.

Kerala hosts conference on recession and the Gulf
Source: IANS

THIRUVANANTHAPURAM - The Kerala capital is set to host a two-day international conference beginning Tuesday on the global economic crisis, its impact on Gulf nations and its implications for migrant labour, including Indians, working there.

Isolated Honduras hunkers down
Source: The Washington Post

Politically isolated Honduras braced on Saturday for months of austerity under the weight of economic sanctions imposed after a June coup and ousted President Manuel Zelaya vowed actions to support his reinstatement.

Into Darker Hearths
Source: Tehelka

WHILE THE recession, stock-market fluctuations, job losses, stimulus packages to revive industry and efforts to pull the GDP growth back to 9 percent are making headlines, a crucial subtext stands ignored...

The Revenge of Karl Marx
Source: theatlantic.com

The late Huw Wheldon of the BBC once described to me a series, made in the early days of radio, about celebrated exiles who had lived in London.

Chinese villagers beat up officials over land grab
Source: Breitbart.com

Thousands of people from seven villages who lost their land to a mining company staged a violent protest that left 20 people injured in mid-eastern China's Anhui Province, a human rights watchdog said Thursday.

U.S.-China Relations | The Special Relationship
Source: globalpost.com

There are many ways to measure the quality of a relationship. Durability, loyalty, profitability and compatability, to name just a few. In diplomacy, ties between states rest inevitably on the mutual benefit each perceives in the arrangement.

G20 summit: European demands threaten to wreck deal
Source: The Times

France and Germany delivered a late threat to derail Gordon Brown's efforts to secure a global recovery deal last night by demanding new concessions from the United States on financial regulation.

China speaks and the world finally listens
Source: The Globe and Mail

Throughout its 30-year climb out of poverty, China has taken excruciating care not to alarm the rest of the world with its growing might.

Millions of French workers go on protests

March 20 -- Over 200 marches were staged from Lille in the north to Marseilles, Nice and Toulon on the Mediterranean.

Capitalism on the verge of collapse, says Ahmadinejad

March 17 -- "Capitalism as a system has failed. The economic order is unfair and irresponsible.

For the last time, Obama is NOT a socialist!

March 12 -- The ludicrous accusations that US President Barack Obama is a 'latent socialist' demonstrate the embarrassingly shallow understanding most American commentators, news reporters and 'pundits' of their own economic base and political infrastructure.

Nowhere Near End of Crisis: Dr. Doom
Source: CNBC Top News and Analysis

Nouriel Roubini, one of the few economists who foretold much of the current financial turmoil, Friday said the United States is nowhere near the end of the banking and credit crisis.

An economic pact with the devil
Source: Watchingamerica.com

This analysis from the Sueddeutsche Zeitung (Germany) argues that America's economic fling with China has helped bring down both economies and the world economy to boot -- and the future's not looking too rosy either.

British Prime Minister to meet with Pope about recession. Who knows why?
Source: Telegraph

Mr Brown will talk to Pope Benedict XVI about the global financial crisis and the worldwide response to the economic meltdown. Gordon Brown will visit the Vatican next week for an audience with the Pope – his first meeting with the Pontiff since he became Prime Minister.

With 14% unemployment, the Spanish jobs black hole deepens (article with video)
Source: euronews

the tenth straight monthly increase as the collapse of the Spanish housing boom coincided with the global financial crisis.

Poverty News Blog: Yunus defends the poor at the World Economic Forum
Source:

Nobel laureate and founder of micro credit Muhammad Yunus attended the World Economic Forum. He spoke out in defense of the poor to the ultra rich gathered at the forum. Yunus reminded them that the poor would be the worst effected by the global economic crisis.

Stimulus Plan Too Small and Not Tackling the Essential Problem
Source: Wall Street Journal

The interventions so far have been in the right direction. Federal Reserve Chairman Ben Bernanke has been especially inventive and aggressive. But the theory of animal spirits and the loss of confidence tell us that a great deal more still needs to be done.

Prime Minister's Panel says Techies will remain in demand
Source: NDTV News

I just hope the task force is not taking a complacent view. The reports from Indian Tech Schools contradict this. Manoj Verma- Tech Panel- Nav Kranti

Jürgen Habermas on politics, bankruptcy and possibilities for the future
Source: signandsight.com

The Korean War marked the end of the New Deal, Reagan and Thatcher and the waning of the Cold War the end of the era of social welfare programs.

The Dirty Dozen - Percy S Mistry on coping with a global economic slump
Source: Business Standard

Percy S Mistry: Coping with a global economic slump

Global economic crisis hits Japanese banks, exporters
Source: WSWS

Japan's stock market has been hit by extraordinary volatility over the past few days, hitting a 26-year low on Monday before recovering its losses yesterday after the government stepped in to announce a series of emergency measures.

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