Free Republic 4th Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $32,110
Woo hoo!! And the first 36% is in!! Thank you all very much!! God bless.

Keyword: worldeconomy

Brevity: Headers | « Text »
  • The Economist: Trump presidency one of top 10 global risks

    03/16/2016 9:22:18 PM PDT · by Citizen Zed · 42 replies
    The Hill ^ | 3-16-2016 | Mark Hensch
    The Economist magazine on Wednesday named a potential Donald Trump presidency as one of its top 10 global risks. “In the event of a Trump victory, his hostile attitude to free trade, and alienation of China and Mexico in particular, could escalate rapidly into a trade war — and at least scupper the Trans-Pacific Partnership [TPP] between the U.S. and 11 other American and Asian states signed in February 2016,” the Economist Intelligence Unit wrote in its assessment. “His militaristic tendencies towards the Middle East (and ban on all Muslim travel to the U.S.) would be a potent recruitment tool...
  • U.N. Climate Chief: We're 'Intentionally' Transforming The World Economy

    02/07/2015 9:24:59 AM PST · by BlatherNaut · 58 replies
    Truth Revolt ^ | 2/6/15 | Bradford Thomas
    The United Nation’s top climate change official Christiana Figueres announced this week that the group is actively working to "intentionally transform" the world's economic development model, a task she called the "most difficult" one the group has ever undertaken. "This is probably the most difficult task we have ever given ourselves, which is to intentionally transform the economic development model, for the first time in human history," UNFCCC Executive Secretary Figueres stated at a press conference in Brussels Tuesday. The "intentional" reordering of the global economy, she told reporters, "will not happen overnight" due to the "depth of the transformation":...
  • IMF Paper: Debt-Ridden Western Nations May Resort to ‘Financial Repression’

    01/07/2014 4:18:43 AM PST · by IbJensen · 21 replies
    CNS News ^ | 1/3/2013 | Brenda Hollingsworth
    ( – The highest debt-to-GDP levels in 200 years could force advanced Western nations to adopt “financial repression” measures typically reserved for economically unstable debtor nations, including mass write-offs and a tax on savings, warns a working paper published last week by the International Monetary Fund (IMF). According to “Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten,” a working paper written by two Harvard economists who used to work at the IMF, “there are essentially five ways to reduce large debt-to-GDP ratios: 1. Economic growth; 2. Fiscal adjustment- austerity; 3 .Explicit default or restructuring; 4. Inflation surprise;...
  • Poof: Public says America's world leadership has tumbled to 40-year low (Video Reort)

    12/03/2013 8:37:51 PM PST · by Ernest_at_the_Beach · 17 replies
    Washington Examiner ^ | DECEMBER 3, 2013 AT 3:17 PM | PAUL BEDARD |
    <p>For the first time in nearly 40 years, a majority of Americans believe the United States is less important around the world and that it should mind its own business, a stunning rejection of President Obama’s foreign policy just four years after he received the Nobel Prize.</p>
  • OECD: Europe remains threat to world economy

    05/29/2013 1:56:15 PM PDT · by Olog-hai · 4 replies
    Associated Press ^ | May 29, 2013 1:35 PM EDT | Greg Keller
    The recession in Europe risks hurting the world’s economic recovery, a leading international body warned Wednesday. In its half-yearly update, the Organization for Economic Cooperation and Development said that protracted economic weakness in Europe “could evolve into stagnation with negative implications for the global economy.” The OECD again slashed its forecast for the economy of the 17-country eurozone, saying it will shrink by 0.6 percent this year, after a 0.5 percent drop in 2012. The OECD had predicted a 0.1 percent decline for the eurozone in its report six months ago—and this time last year, it forecast growth of nearly...
  • Jim Rogers: Taking people's bank accounts is going to happen

    03/28/2013 2:00:26 PM PDT · by Beave Meister · 82 replies ^ | 3/28/2013 | : Kenneth Schortgen Jr.
    On March 28, billionaire investor Jim Rogers appeared as a guest on the CNBC program, Squawk on the Street. During the four minute interview, Rogers was pointedly asked if what occurred in Cyprus was a one time deal, or if this is now a template for the future of Western economies and banks. Without hesitation, Rogers said that this is going to happen, and taking people's money from their bank accounts is a certainty as both the IMF and ECB have already condoned it in their precedent. CNBC Host Carl Quintinella: What's your appetite on Europe at these levels? Jim...
  • Panetta: Iran Strike Could Impact World Economy

    11/18/2011 12:47:58 AM PST · by Eleutheria5 · 33 replies
    Arutz Sheva ^ | 18/11/11 | Elad Benari
    U.S. Defense Secretary Leon Panetta said on Thursday he would raise American concerns about the unintended consequences of any military action against Iran during his upcoming meeting with Defense Minister Ehud Barak, Reuters reported. Panetta and Barak are due to meet on Friday in Halifax, Canada. Speaking to reporters traveling with him to Canada, Panetta said the United States believed the most effective way to confront Iran still was to use diplomatic pressure and sanctions. “Obviously to go beyond that raises our concerns about the unintended consequences that could result,” Reuters quoted Panetta as having said. Echoing remarks he made...
  • Strike by Greek civil servants shuts down govt

    10/05/2011 6:36:17 AM PDT · by facedown · 19 replies
    Yahoo Finance/AP ^ | October 5, 2011, 7:31 am EDT | Elena Becatoros and Menelaos Hadjicostis
    ATHENS, Greece (AP) -- Angry and frustrated, Greek civil servants walked off the job Wednesday, paralyzing the government and public transport to protest ever-deeper austerity measures and seemingly ineffectual financial policies. As Greece struggles to avoid a catastrophic default, demonstrators in Athens expressed outrage over their misfortune and bewilderment at a crisis that shows no signs of easing. "Nobody knows what's going on. Every day they say something different. It's all so unclear," said Irini Sypsomou-Arapogianni, a 57-year-old Finance Ministry employee. "I don't know where all this will lead."
  • Putin Calls U.S. Economic Parasite

    08/03/2011 12:03:33 PM PDT · by bananaman22 · 14 replies ^ | 03/08/2011 | Dr. John C.K. daly
    Don’t expect to see Russian President Vladimir Putin invited to the White House for a sleepover in the Lincoln Bedroom anytime soon. Vladimir Vladimirovich has committed the unpardonable diplomatic sin of speaking bluntly. Like Sherriff Woody from the Pixar movie “Toy Story,” Putin has declared “there’s a snake in my boot,” only in this case, it’s the U.S., which he labels a “parasite” on the global economy. Addressing a gathering of the pro-Kremlin youth group Nashi at their summer camp near Moscow Putin commented, "They are living beyond their means and shifting a part of the weight of their problems...
  • Bedbug experts bring samples to Chicago-area hotel (This Is Hugh!)

    09/21/2010 7:33:58 PM PDT · by PROCON · 44 replies · 14+ views
    AP ^ | Sep. 21, 2010 | MARK D. CARLSON
    ROSEMONT, Ill. (AP) - Bedbug experts gathered in a Chicago suburb this week to talk about the pests that are running rampant in the Northeast. Athletic clothing and shoe maker Nike Inc. said Sunday it was temporarily closing its Niketown store in New York City after it became the latest victim of the bloodsucking pests. Reports of bedbugs have surged in recent years as they have become resistant to common pesticides.
  • Remarks by President Obama and President Medvedev of Russia at the U.S.-Russia Business Summit

    06/25/2010 3:42:17 AM PDT · by Cindy · 19 replies ^ | June 24, 2010 | n/a
    NOTE The following text is a quote: Home • Briefing Room • Speeches & Remarks The White House Office of the Press Secretary For Immediate Release June 24, 2010 Remarks by President Obama and President Medvedev of Russia at the U.S.-Russia Business Summit U.S. Chamber of Commerce, Washington, D.C. 3:08 P.M. EDT PRESIDENT OBAMA: Well, good afternoon, everybody. It is a pleasure to be here with my friend and partner, President Medvedev, and I want to thank him again for his leadership, especially his vision for an innovative Russia that’s modernizing its economy, including deeper economic ties between our...
  • Government Expanded 'Like a Cancer': Marc Faber

    06/17/2010 5:57:58 AM PDT · by UniqueViews · 376+ views
    CNBC ^ | 17 June 2010 | Marc Faber
    Luis Marino, a Peruvian immigrant who ran as a Democrat, was among the victors Tuesday in the first local election since a federal judge ordered Port Chester to adopt a new voting system to give Latinos a better shot at electing one of their own to the six-member board. The electoral system itself made news, letting voters use six votes however they chose, including casting all six for one candidate. One Republican who won, Joseph D. Kenner, was the first black candidate elected to the board. “I think the results are clear — that
  • Forget Euro $1.30: Here's The New Crucial Level, And Here's When To Bet On A Turnaround

    05/06/2010 6:10:34 AM PDT · by blam · 15 replies · 926+ views
    The Business Insider ^ | 5-6-2010 | Joe Weisenthal
    Forget Euro $1.30: Here's The New Crucial Level, And Here's When To Bet On A Turnaround Joe Weisenthal May. 6, 2010, 5:05 AM It was a pretty violent night in euroland, with the battered currency trading in the $1.27s before trading back above $1.28. The $1.30 "support" level that everyone was obsessed with a couple days ago is a fond memory. So what's next? $1.25? $1.20? Mike O'Rourke of BTIG explains what you should be looking out for: The (chart) below highlights the key 1.25 support level which coincides with the October-November 2008 and February-March 2009 bottoms the currency made...
  • What Happens If Greece Really Defaults?

    03/16/2010 12:25:38 AM PDT · by ErnstStavroBlofeld · 29 replies · 1,204+ views
    U.S. News via Yahoo Finance ^ | 3/16/2010 | Matthew Bandyk
    Earlier this week, Greek Prime Minister George Papandreou traveled to the United States to promote a message: We're in this together. The debt crisis that has threatened the Greek economy and the stability of the European Union's monetary policies "very much involves America's interests," Papandreou stated in a speech at the Brookings Institution in Washington. The prime minister--who was born in St. Paul, Minn.--even connected the current crisis to the Great Depression as well as the Great Recession. "If the European crisis metastasizes, it could create a new global financial crisis with implications as grave as the U.S.-originated crisis two...
  • Dubai Wants Billion-Dollar Debt Suspension

    11/25/2009 4:11:00 PM PST · by La Enchiladita · 16 replies · 1,232+ views
    Sky News ^ | 11/25/09 | Jo Couzens
    Dubai is asking creditors to accept a six-month suspension on debt repayments for its severely cash-strapped conglomerate Dubai World. The government of the Gulf emirate has also appointed consultants Deloitte to restructure state-run Dubai World's operations. The group includes property developer Nakheel, which built one of the state's most ostentatious projects, the palm-shaped, man-made residential islands of the Palm Jumeirah. The conglomerate also includes DP World, owner of the former P&O ports operator. According to Nakheel, Dubai World has $59bn (£35bn) of liabilities, a large proportion of Dubai's total debt of $80bn (£47bn). The emirate's government said in a statement:...
  • Brazil (Rio) Unemplymnt Down(8%), Economy Growing (US 3 Decade Worst in Unemployment, nears 10%)

    10/02/2009 3:43:10 PM PDT · by xzins · 39 replies · 2,220+ views
    SAO PAULO (AP) -- Brazil says unemployment has decreased for the third month in a row, showing that Latin America's biggest economy is recovering from the global crisis. The government's statistics agency says the jobless rate decreased to 8.1 percent in June from 8.8 percent in the previous month, the third consecutive reduction since it reached 9 percent in March. There was no change compared to June last year. The economy has been rebounding in part because of tax breaks in the automobile, construction and home appliance sectors, increased government spending and easier access to credit for small businesses. snip...
  • Dollar under scrutiny at G20 summit

    09/24/2009 8:18:57 AM PDT · by BAW · 24 replies · 1,663+ views
    Yahoo News ^ | 9-24-2009 | P.Parameswaran
    The embattled US dollar is expected to come under scrutiny at a summit of developing and industrialized nations following China-led calls to review its role as a reserve currency. The dollar issue is bound to surface at the two-day meeting in Pittsburgh as US President Barack Obama and other leaders of the Group of 20 economies debate a new framework for tackling the so called global "economic imbalances" blamed for fuelling the latest financial crisis. "Though not clear how the plan would be enforced, it would involve measures such as the US cutting its deficits and saving more, China reducing...
  • UPDATE:World Wealth Dn 19.5% In '08,Wipes Out Two Yr Gains-Report

    06/24/2009 9:59:41 AM PDT · by Kartographer · 6 replies · 274+ views
    WSJ/DowJonesNewswires ^ | 6/24/09 | Shelly Banjo
    In 2008, the world's population of high-net-worth individuals - those with at least $1 million in investable assets excluding primary residences - fell by 14.9% to 8.6 million and their wealth dropped 19.5% to $32.8 trillion, according to the 13th annual World Wealth Report, compiled by Bank of America Corp.'s (BAC) Merrill Lynch Global Wealth Management and Capgemini Group. In 2007, the same population grew by 6% to 10.1 million and marked the beginning of a deceleration in wealth from the 11.4% growth witnessed in 2006.
  • Secretary Timothy F. Geithner Remarks before The Economic Club of Washington

    04/25/2009 4:55:22 PM PDT · by Cindy · 6 replies · 413+ views
    Note: The following text is a quote: April 22, 2009 TG-97 Secretary Timothy F. Geithner Remarks before The Economic Club of Washington As Prepared for Delivery Thank you, David. I appreciate the chance to speak to the Economic Club of Washington. I want to talk today about the global nature of the current financial and economic crisis. I will offer an update on our efforts to bring the crisis to a close and set the stage for a new, more balanced prosperity in the future. The world economy is going through the most severe crisis in generations. We each face...
  • Fascism, World Govt, and Sharia Finance---.> THE OBAMA FUTURE

    04/03/2009 6:45:40 AM PDT · by Shellybenoit · 7 replies · 474+ views
    Front Page Mag/Yidwithlid ^ | 4/3/09 | Yidwithlid
    There are three parallel forces that may serve to take the control of the economy out of the hands of the American People: * The movement of the United States from a capitalist to a fascist economic system, Where socialism sought totalitarian control of a society’s economic processes through direct state operation of the means of production, fascism sought that control indirectly, through domination of nominally private owners. Where socialism nationalized property explicitly, fascism did so implicitly, by requiring owners to use their property in the “national interest”—that is, as the autocratic authority conceived it. * President Obama's desire to...
  • U.N. 'Climate Change' Plan Would Likely Shift Trillions to Form New World Economy

    A United Nations document on "climate change" that will be distributed to a major environmental conclave next week envisions a huge reordering of the world economy, likely involving trillions of dollars in wealth transfer, millions of job losses and gains, new taxes, industrial relocations, new tariffs and subsidies, and complicated payments for greenhouse gas abatement schemes and carbon taxes — all under the supervision of the world body.
  • China to stick with US bonds ("Only Option" Despite Dolar Depreciation Coming with Porkulus)

    02/11/2009 4:43:32 PM PST · by mojito · 20 replies · 879+ views
    Financial Times ^ | 2/11/2009 | Henny Sender
    China will continue to buy US Treasury bonds even though it knows the dollar will depreciate because such investments remain its “only option” in a perilous world, a senior Chinese banking regulator said on Wednesday. China has used the dollars it accumulates selling manufactured goods to US consumers to accumulate the world’s largest holding of Treasuries. However, the increasing US budget deficit and its potential impact on the dollar have raised questions about the future Chinese appetite for US debt. Luo Ping, a director-general at the China Banking Regulatory Commission, said after a speech in New York on Wednesday that...
  • A Banker’s Perspective

    12/19/2008 12:23:40 PM PST · by chaimke · 369+ views
    Freedom's Cost ^ | 12/19/08 | Phil K.
    [Phil K, is Director of Business Develoment for a major Swiss bank. Here he presents his take on the current global economic crisis - Chaim] Millions of jobs are at stake, hundreds of thousand bankers are being laid off around the world. Some top management feel forced to protect their own jobs by getting rid of those who faithfully followed their directives. Why these sudden downturn? Why now? Economists and business analysts will rightfully point to many reasons and conditions that contributed to this dismal situation, but everyone seems to miss the very root of it all. For the last...
  • Global Trends 2025: A Transformed World

    11/21/2008 4:04:49 AM PST · by SgtSaunders · 4 replies · 408+ views
    Right Side News ^ | November 20, 2008 | Director of National Intelligence
    By 2025, the accelerating pace of globalization and the emergence of new powers will produce a world order vastly different from the system in place for most of the post-World War II era, according to a projection by the federal government's top intelligence analysts. The projection, prepared by the National Intelligence Council of the Office of the Director of National Intelligence, was made public by the ODNI today. The ODNI report, "Global Trends 2025: A Transformed World" projects a still-preeminent U.S. joined by fast developing powers, notably India and China, atop a multipolar international system. The world of the near...
  • President Bush Attends Summit on Financial Markets and the World Economy(Bush speech at G-20)

    11/15/2008 2:19:21 PM PST · by FocusNexus · 24 replies · 643+ views
    Whte House ^ | Nov. 15, 2008 | President George W Bush
    One of the things we did, we spent time talking about the actions that we have taken. The United States has taken some extraordinary measures. Those of you who have followed my career know that I'm a free market person - until you're told that if you don't take decisive measures then it's conceivable that our country could go into a depression greater than the Great Depression's. So my administration has taken significant measures to deal with a credit crisis. And then we worked with Congress to deal with the credit crisis, as well. We're beginning to see some positive...
  • Have Your Say map: Are you concerned by the financial crisis?

    10/12/2008 8:51:39 PM PDT · by WesternCulture · 4 replies · 479+ views ^ | 10/12/2008 |
    We've heard a lot about how the financial crisis is affecting stock markets and governments all over the world. But how are you getting on? Are you concerned? Our interactive map lets you share your views.
  • 'We must stand together': Bush warns countries as G7 agrees 'plan of action' tor rescue ...

    10/11/2008 10:39:54 AM PDT · by Ernest_at_the_Beach · 10 replies · 510+ views
    Daily Mail ^ | 6:23 PM on 11th October 2008 | Daily Mail Reporter
    'We must stand together': Bush warns countries as G7 agrees 'plan of action' tor rescue world economy G7 group agree 'plan of action' to solve financial crisisBush warns countries they must stick together U.S. follows Britain by buying up banks stocksFTSE has worst week ever, dropping 21% in just five daysPresident Bush today warned countries against acting alone to try and ease the financial crisis after a catastrophic week of nosediving shares that saw £250billion wiped off the Stock Market. In his 20th emergency statement in since September, Mr Bush stressed that the biggest powers in the world have to...
  • What China Needs To Be World Class

    03/05/2008 8:09:51 AM PST · by slackattack19 · 8 replies · 104+ views
    The Uncommon Sense Blog ^ | 3/5/2008 | Dan Taylor
    I like the Chinese. I've eaten their food for years. I even like the idea that they are growing to be a world power economically now, are going to host a future Olympics, and are taking their rightful place in the world. They have lots going for them in terms of commerce, development, and business growth. Their population is beginning to experience in small doses what the rest of the world has been enjoying for years. I wish them the best but I also wish they would do the following before they come to the world's table as an arm's...
  • 5 Myths About Sick Old Europe

    10/07/2007 10:40:57 PM PDT · by srotaG adirolF · 62 replies · 1,815+ views
    WaPo ^ | October 7, 2007 | Steven Hill
    In the global economy, today's winners can become tomorrow's losers in a twinkling, and vice versa. Not so long ago, American pundits and economic analysts were snidely touting U.S. economic superiority to the "sick old man" of Europe. What a difference a few months can make. Today, with the stock market jittery over Iraq, the mortgage crisis, huge budget and trade deficits, and declining growth in productivity, investors are wringing their hands about the U.S. economy. Meanwhile, analysts point to the roaring economies of China and India as the only bright spots on the global horizon. But what about Europe?...
  • (Bye to Socialism) Blizzards, reindeer, darkness: new Klondike is hottest place in Europe

    01/09/2007 7:25:50 PM PST · by WesternCulture · 8 replies · 1,074+ views
    The Guardian ^ | 01/07/2007 | Alex Duval Smith
    The article, from one of the world's leading newspapers, touches on what a blessing saying "hasta la vista" to socialism really can be - not to mention future prospects! Ask the people who live in the hottest city of Europe - and they don't speak "cockney" or french with a Paris accent. The fall of Communism in Russia and China in combination with the orientation towards pro-capitalism of Scandinavia has already lead to a explosion of trade between the world's 14th biggest economy, Russia, the world's 4th biggest economy, China and the 8th biggest one, the Scandinavian countries (Source: IMF...
  • British government report says unchecked global warming will devastate world economy

    10/30/2006 9:40:29 AM PST · by NormsRevenge · 36 replies · 818+ views
    ap on San Diego Union - Tribune ^ | 10/30/06 | Thomas Wagner - ap
    LONDON – Unchecked global warming will devastate the world economy on the scale of the world wars and the Great Depression, a British government report said Monday, as the country launched a bid to convince doubters that environmentalism and economic growth can coincide. Prime Minister Tony Blair said unabated climate change would eventually cost the world the equivalent of between 5 percent and 20 percent of global gross domestic product each year. He called for “bold and decisive action” to cut carbon emissions and stem the worst of the temperature rise. “It is not in doubt that, if the science...
  • Why our people earn less and less

    10/17/2006 2:21:49 AM PDT · by Rummenigge · 49 replies · 1,539+ views
    Der Spiegel ^ | 16.10.2006 | Gabor Steingart
    Asia is fast developing into an economic powerhouse, with China and India gradually transforming themselves into the new masters of the universe. Meanwhile, the West faces the prospect of losing the globalization game, as European labor is devalued -- by the millions.
  • The China Factor and the Overstretch of the US Hegemony(Oh, Really!)

    02/13/2005 5:05:36 PM PST · by blue kangaroo · 35 replies · 1,221+ views
    Gurus Online ^ | Feb. 11, 2005 | Jorge Nascimento Rodrigues
    The China Factor and the Overstretch of the US Hegemony 3 books that can change your mind in 2005 about the geo-politic and geo-economic dynamics going on Interviews by Jorge Nascimento Rodrigues, editor of, Jannuary 2005 Transition Report is a quarterly online journal edited by George Zhibin Gu, the Chinese consultant based in Shenzhen and author of the forthcoming "China's Global Reach" (Haworth Press, US) Chalmers Johnson, president of the Japan Policy Research Institute and author of "The Sorrows of Empire" (Metropolitan Books, US) André Gunder Frank, associate of the Luxembourg Institute for Education and International Studies and...
  • World growth 'fastest since 1973'

    09/29/2004 8:20:27 PM PDT · by trashcanbred · 1 replies · 173+ views
    The world's economy in 2004 should grow at its fastest rate for 30 years despite rising oil prices, the International Monetary Fund has said. The IMF raised its forecast to 5% from 4.6% in what will be the strongest growth seen since 1973, if its forecast is accurate. Rising corporate profits and strong housing markets boosted growth in 2004. However, the IMF downgraded 2005's global growth forecast to 4.3% from 4.4%, citing oil prices as a concern. In its twice-yearly World Economic Outlook, the IMF said 2005 growth "while still solid, will therefore likely be somewhat weaker than earlier expected"....
  • IRAQ: Iraq's Crude Awakening - just a trickle now, but it could become a gusher ...

    05/11/2003 10:49:54 AM PDT · by Ernest_at_the_Beach · 15 replies · 586+ views
    Drudge Report - Time ^ | Saturday, May. 10, 2003 | DONALD L. BARLETT AND JAMES B. STEELE
    Iraq's Crude AwakeningIt's only a trickle now, but it could become a gusher that rocks the world By DONALD L. BARLETT AND JAMES B. STEELEJust to look at Iraq today, one would never know that it's an oil giant. it's a country nearly paralyzed by an energy crisis. Everywhere, drivers sit in endless lines of cars, sometimes for days, to buy gasoline. Electricity comes and goes. Homes lack fuel for cooking. Iraq's oil industry, which in its heyday produced 3.5 million bbl. a day, now produces little more than 5% of that. Refineries operate at less than 30% of capacity....
  • France's Budget Deficit Could Strain the EU: David DeRosa

    05/10/2003 11:14:22 AM PDT · by Ernest_at_the_Beach · 12 replies · 242+ views
    Bloomberg News ^ | May 9 , 2003 | David DeRosa
    <p>David DeRosa , president of DeRosa Research & Trading, is an adjunct finance professor at the Yale School of Management and the author of "In Defense of Free Capital Markets." The opinions expressed are his own.</p> <p>New Canaan, Connecticut, May 9 (Bloomberg) -- The European Commission has ordered France to get its budget in order no later than 2004. And what will the commission do if France doesn't comply?</p>
  • Investing in Better Globalization

    09/20/2002 10:31:40 PM PDT · by TigerLikesRooster · 4 replies · 149+ views
    IMF ^ | September 19, 2002 | Horst Köhler
    Investing in Better Globalization Remarks by Horst Köhler Managing Director of the International Monetary Fund at the Council on Foreign Relations Washington, D.C., September 19, 2002 1. Ambassador Fisher, ladies and gentlemen, it is a pleasure to meet today with the Council on Foreign Relations. I appreciate the contributions that the Council has made over the years, to the development of US foreign policy and to the broad debate on international economic and financial issues. 2. The Annual Meetings of the IMF and World Bank, which take place in less than two weeks, have been shortened as a result of...
  • Sept. 11: US Nice Guy says 'enough' (Long but VERY good read)

    09/07/2002 8:28:52 PM PDT · by What Is Ain't · 51 replies · 1,595+ views
    UPI ^ | 09/07/02 | Martin Walker
    MUNICH (UPI) -- There is a theory in the Arab world, frequently aired on the TV discussion shows of Qatar's Al-Jazeera news channel, that the real impact of the terrorist attacks of Sept. 11 was less the 3,000 dead than the devastation wreaked on the American and broader Western economy. In this grisly arithmetic of terror, the $7 trillion knocked off the value of American stocks, the body blows to the airline industry, the rise in the oil price and the global slowdown, targeted with gruesome precision the true vulnerability of American power. Osama bin Laden was not just the...
  • [Amnesty International] Call for Contributions - Business and Human Rights: Dilemmas and Solutions

    07/24/2002 6:45:41 AM PDT · by LurkedLongEnough · 1 replies · 258+ views
    Greenleaf Publishing invites contributions for a book on the topic of "Business and Human Rights: Dilemmas and Solutions" to be edited by Rory Sullivan (Amnesty International (UK) Business Group and Queen Mary College, University of London). Rationale The globalisation of the world economy offers both unprecedented opportunities for companies as well as unprecedented threats, as companies increasingly find themselves, their partners or their contractors mired in zones of conflict or in countries where human rights violations are occurring. Companies are subject to ever-increasing scrutiny of their supply chains, their investments, their employee relations, their impacts on communities, and their influence...