Global Financial Crisis
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May 26, 2012 at 10:41 | Source: DNA India
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An editorial in the British newspaper the Independent called it the most important G8 summit for three decades, as the deepening financial crisis in Europe threatened the entire global economy. The communiqué issued after a day of talks at the US ...
May 22, 2012 at 05:01 | Source: World Socialist Web Site
The eurozone itself could splinter. The result could be a global crisis to rival the one that followed the 2008 collapse of the investment bank Lehman Brothers. Behind the turmoil is a growing realization that cost-cutting alone won't solve ...
May 26, 2012 at 12:42 | Source: Yahoo Finance
Unless leaders in Europe act quickly, the financial crisis there could drag down the global economy and kill what appears to be a "fragile, extremely uneven" recovery, the multi-national Organization for Economic Cooperation and Development warned today.
May 22, 2012 at 13:58 | Source: NPR News
The formulation of a winning investment strategy for the 2007-2009 Global Financial Crisis (GFC), also known as the "Great Recession", essentially required making one key judgement that the global banking system would survive the Lehman Brothers collapse ...
May 21, 2012 at 14:28 | Source: Seekingalpha.com
ACAPULCO, Mexico -(Dow Jones)- Bank of Mexico Gov. Agustin Carstens said Thursday that Mexico has held up well throughout the global financial crisis, with the country en route to posting its third consecutive year of economic expansion.
May 17, 2012 at 23:44 | Source: NASDAQ
The available evidence suggests that the effect is large. Academic commentary on the financial crisis by economists has been remarkably muted. There are, to be sure, some notable exceptions. But for the most part, the silence has been deafening.
May 22, 2012 at 08:29 | Source: The Guardian
TRUST in the audit profession has again taken a knock during the latest global financial crisis, although it could be said that auditors were not the only ones to blame this time around. The role of the profession in the oversight process had been ...
May 24, 2012 at 05:56 | Source: Business Day South Africa
A group of United Nations independent experts today called on the European Union (EU) to take the lead in promoting the adoption of a global financial transaction tax that would offset the costs of the current economic crisis and protect basic human rights.
May 21, 2012 at 18:46 | Source: Canada Free Press
BRASILIA, Brazil — Brazil’s finance minister is lowering the forecast for the South American country’s economic growth this year, and he blames the global financial crisis. Finance Minister Guido Mantega says Brazil’s gross domestic ...
May 22, 2012 at 21:08 | Source: Washington Post
The government is contemplating setting up a Crisis Management Group (CMG) headed by Reserve Bank of India deputy governor to deal with the impact of global financial turmoil. The issue is likely to be discussed at a meeting to develop a crisis management ...
May 26, 2012 at 20:06 | Source: Deccan Herald