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Latest news about the state of the world economy.
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Egyptian Economy on the Brink
Egypt’s economy is approaching paralysis as foreign commerce, tourism and banking all but halted, placing acute pressure on President Hosni Mubarak to find a way out of the weeklong...
Global Markets Shaken by Egypt Turmoil
Like no other recent event since the global financial meltdown of Black September 2008, the unfolding turmoil in Egypt is unnerving financial actors all over the world. On Wall...
Financial Crisis Looms Over Egypt
If Egypt's turmoil continues much longer, the country may not have enough currency reserves to avoid a long term financial crisis. Currency traders said on Monday investors have...
In Davos, Arab Elites Analyze “Revolutionary Wave”
The unrest engulfing Tunisia, Egypt and elsewhere in North Africa caught business and political leaders at the World Economic Forum off guard, but it became the hottest topic among...
Euro Aircraft Builder EADS Seeks Emerging Markets
Countries in Europe are tightening their budgets and imposing austerity measures. But Louis Gallois, who runs the largest European aerospace and military contractor, is not worried. He is banking...
Anti-Smoking Tsunami Misses Indonesia
A video of a chain-smoking 2-year-old boy in Indonesia went viral last year, making the country an abject poster child for unbridled cigarette use among its young citizens. The...
Davos: Obscene Price Tag, Money for Nothing
Chief executives, government leaders and academics around the world are headed to Davos, Switzerland, for the World Economic Forum’s annual meeting this week — a heady power gathering that...
Capital Controls Key Part of “Emerging Market Investor Consensus”
In China and Taiwan, regulators are imposing fresh restrictions on stock market investments by foreigners. In Brazil, officials have twice raised taxes on foreign investors. Even in South Korea,...
Online Credit Card Fraud: Prevention and Detection Advice
Credit card scams and fraud have become widespread and common with the use the internet where credit cards are used for transactions and payments everyday. Fraudsters do everything from...
Iraq Shaken By Wave of Gold, Jewelry Robberies
Inside Amjad Abed’s tiny gold shop, the display cases sit half empty, and the memories of his two grown sons are in the bullet holes that gouge the walls....


