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Governments Need to Borrow $5 Trillion in 2009: Who Foots the Bill?
Omaha, USA, 20 July 2009. $5 trillion is needed by governments around the world to pay for deficit spending for the rest of the year, and the US will...
Latvian Hooker Index: No Recovery in Sight
Riga, Latvia, 19 July 2009. The Latvian Hooker Index is not showing any signs that the economy is on a rebound. Prices still linger at around US $60, showing...
Civil War Threatens Nigeria – and Global Oil Supplies
Lagos, Nigeria, 18 July, 2009. Political and economic instability worsen in Nigeria as militants attack various oil facilities, sabotage wells, and kill hostages. The Movement for the Emancipation of...
Old Media is Dying
London, UK, 18 July, 2009. Traditional print media is struggling to survive with the ubiquity of the web, citizen reporters, and media habits we don't even understand yet. By...
Of Goldmans, Bonuses and Taxpayers
New York, USA, 16 July 2009. As Goldman Sachs announces $3.4 billion in profit for the second quarter, people are wondering if it will return to its old practice...
Rio Tinto: Industrial Espionage in China
Beijing, China, 15 July 2009. China is extending its investigation into the Rio Tinto crackdown to other mining firms. Tensions rise as the nation attempts to tighten its grip...
Indian Infrastructure: The Same Old Story
Delhi, India, 15 July 2009. The Delhi metro was supposed to be the best-run project in India, an example of the new modern infrastructure that would transform the country....
A History of World Financial Crises
Boston, USA, 14 July 2009. It is often said that those who do not remember the past are doomed to repeat it. With economics it's no different, considering the...
Emerging Markets Fund: How to Buy the Recovery
Singapore, 12 July, 2009. As Wall Street shows signs of recovery, many investors are watching emerging markets. They could very well prove to be the markets to invest in...
Second Stimulus: Too Soon to Discuss or Too Late to Implement?
Washington DC, US, 11 July 2009. Obama's stimulus package has been criticized for being both too small and too big, but most economists are against more such stimulus, despite...


