Markets Seek Technical Solutions to “Nightmare” Scenarios


Even as they struggle to understand the origins and particulars of Thursday’s chaos,

regulators, traders and academics seem to agree the gist of the solution is that markets need uniform rules for intervening when a stock goes into free fall.

Even as they struggle to understand the origins and particulars of Thursday’s chaos,

Dow Collapse Overwhelmed Biz TV Stations, Financial Websites


Cable news anchors and financial Web sites struggled to keep up as the Dow fell nearly 1,000 points and then mostly rebounded in a matter of minutes Thursday afternoon

Web sites like Bloomberg.com were hammered by traffic, causing technical problems, though the company’s Bloomberg terminals remained up and running …

Europe’s “Web of Debt” – The Graphic That Crashed Wall Street ;-)


In general, as several of you have noticed, we try to highlight in this In the News column, LESS noticed, but nevertheless crucial, items from the mainstream media / institutions about the global political economy … [br]

Nevertheless, we have gotten SO many emails / chats etc about this amazingly informative graphic in the New York Times that we feel like we HAVE to put it up,

India’s Explosive Urban Growth Highlights Policy Indifference: McKinsey


India’s cities are expanding on a larger scale and at a faster pace than ever before.

To date, though, the country has avoided dealing with the hard questions about how best to manage its massive urbanization.

Japan’s Ultra-Powerful Bureaucrats Undergo Webcast Public Exposure


Seeking to bring its spiraling debt under control, Japan has undertaken an unlikely exercise:

lawmakers are forcing bureaucrats to defend their budgets at public hearings and are slashing wanton spending.

Seeking to bring its spiraling debt under control, Japan has undertaken an unlikely exercise:

Inequality Grows in Chinese Health Care System: IHT Special Report


China has an increasingly pyramidal health care system, with many small hospitals at the bottom, fewer midsize hospitals in the middle and a small number of very large hospitals at the top.

There are two main factors at work in creating this unwieldy system: patient preference, and the unwillilngness of young doctors to work at smaller hospitals.

Oil Spill Debacle Encapsulates Obama’s Structural Flaws


By David Caploe PhD, Chief Political Economist, EconomyWatch.com

Ever since he became President, Barack Obama has displayed a disturbingly consistent pattern of behavior:

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Categorized as Markets

Merkel’s Mistake: Greek Bailout Actually for German, French Banks


While it deserves a full Featured Analysis, which it will receive at some point in the not-so-distant future,

one of the points that has tended to become lost in this whole discussion of the Greek bailout [br]

While it deserves a full Featured Analysis, which it will receive at some point in the not-so-distant future,

After Niger Coup, China Confirmed As Africa’s “Behind-the-Scenes” Power


Just a few months ago, China was widely derided here as the financial backbone propping up an autocratic president, Mamadou Tandja,

giving him the confidence to ignore international condemnation as he chopped away at Niger’s democratic institutions.

American Expatriats Renouncing Citizenship in Greater Numbers


Amid mounting frustration over taxation and banking problems, small but growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship.

Amid mounting frustration over taxation and banking problems, small but growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship.