Here is an update on the situation in Venezuela: from oil corruption, to government layoffs, to a border rush into Colombia.
Here is an update on the situation in Venezuela: from oil corruption, to government layoffs, to a border rush into Colombia.
Macri’s willingness to implement necessary economic reforms will allow him to reposition Argentina more competitively in the global economy.
Beset by challenges ranging from the collapse in oil prices, to the spreading instability in the region, to criticism from its longtime allies in the United States, Saudi Arabia is facing its most difficult test in decades. But the kingdom has the means to overcome these difficulties, and also has the will to seize a unique opportunity to carry out important reforms.
“Long-standing economic trends, combined with entrenched gender inequality and austerity budgets, have left girls and their families with fewer resources, lower incomes and less access to basic services, including social safety nets.” These dispiriting words make up the opening paragraph of a new report published by Plan International and the Overseas Development Institute (ODI) which […]
Pakistan’s prospects careen from bad to worse, but there is still some possibility that it might one day evolve in a more liberal and moderate direction Events over the last few weeks have amply demonstrated the growing decrepitude of the Pakistani state, providing fresh justification for its perennial ranking at the top of the world’s […]
The Greek dimension of the EU sovereign debt crisis is by now well known to all. Investor anxiety over excessive national debt throughout the EU led to demands for higher interest rates from several governments with greater debt levels and current account deficits. This in turn made it difficult for some governments to finance further […]
An envoy of officials from both the Yemeni government and the Opposition are said to be traveling to Riyadh on Wednesday in order to sign the agreement brokered by the GCC. Sultan al-Barakani who is the deputy secretary of the People’s Congress, the Presidential party, has said that the government had indeed “received an invitation […]
Even as voters rage and candidates put up ads against government bailouts, the reviled mother of them all — the $700 billion lifeline to banks, insurance and auto companies — will expire after Sunday at a fraction of that cost, and could conceivably earn taxpayers a profit. (From the New York Times)
In the book, ‘This Time is Different,’ by Ken Rogoff & Carmen Reinhart of Harvard and Univ of Maryland, respectively, arrogance and ignorance has been the driving themes leading up to severe financial and economic crises over 800 years of availalble data.
By Cordelia Rizzo We knew that something was wrong with Father Marcial Maciel Degollado, former leader of the Legionaires of Christ, and his order, long before he was openly accused of child abuse in the ’90s. Last month, two years after Maciel’s death, Vatican has finally officially condemned Maciel’s behavior and is effectively imposing martial […]
If the accuracy of the Japanese finance ministry’s revision of their GDP estimates are to be believed, then it appears the Nippon economy is, finally, awakening from its ‘Lost Decade’ of economic slumber following the collapse of its once heralded economy. According the their finance ministry, Japan’s GDP expanded +4.6% in 4Q 2009.
Former NYS Governor Eliot Spitzer takes the President and his economic team to task for their light and soft approach to financial industry reform, and their failure to hold large financial corporations accountable for their continued practices that place the nation’s economy in more peril.
A ‘Must See’ political documentary by Michael Moore that provides a clear-eyed view of American-style capitalism in the larger context of the global financial crisis. He clearly unravels the mystery of all the moving parts and tells a . He does a brilliant job of defining previaling sentiment — the zeitgeist, the angst of the present public mood.
In his inaugural speech, President Barack Obama asserted that the United States remains “the most prosperous, powerful nation on earth.” No matter how powerful a nation is, however, its priorities still need to be rearranged and sometimes compromised, especially when dealing with key allies and partners. This much was evident by U.S. Secretary of State […]