On October 1, Guy Ryder assumed his elected position as the new Director-General of the International Labour Organization (ILO). Ryder replaces Juan Somavía, who held the post since 1999, eighteen months ahead of schedule. The Director-General of the ILO is a key figure in promoting the human right to work and in addressing its realization […]
As financial markets shuddered and then nearly imploded in 2008, the Federal Reserve opened its vault to the corporate world — both domestic and foreign — on a scope much wider and deeper than previously disclosed.
There are mounting anxieties in Global capital markets over the divergence between China’s economic policies – specifically, its currency exchange rate policies — and the relationship that currency valuation has to a sputtering economic recovery in the rich Western economies.
Daily update of talking points, central issues being discussed in Davos’ World Economic Forum 2010 by world leaders in politics, finance, central banks, corporate, energy, lobbyists and philanthropy.
Although most projections show a continuation of positive growth in 2010, questions about the strength and sustainability of the recovery remain. To provide an economic outlook for the new year, the Carnegie Endowment on 5 Jan, hosted a distinguished panel of the heads of the economic forecasting unit at their respective organizations.
A Year-end Round-up of major events and happenings in the Global Markets, Global Economy & International Trade arena, naming the Global Markets & Foreign Policy blog’s Person-of-the-Year, and our outlook for 2010.
Pittsburgh, PA will host the next G-20 Summit slated for Thursday & Friday, September 24-25th, 2009. President Obama will chair this meeting of leaders from countries around the world who represent 85% of the global economy. At the Pittsburgh G-20 Summit, leaders will review the progress made since the London Summits, recent protectionist measures between the U.S and China over tires, auto parts and chicken exports, and discuss further actions to assure a sound and sustainable economic recovery from the global financial and economic crisis.
Mon, 14 Sept – President Obama reinvigorated his administration’s effort to reform the financial regulatory system by taking his bare knuckled message directly to Wall Street. Speaking at Federal Hall and using the one year anniversary of the Wall St. collapse the president reminded prominent financial industry executives of their role and risk-taking behavior that led to a global economic melt-down.
The 2009 G-20 summit, began today in London, running through Friday, April 3d. The overall objective will seek to reach consensus among Leaders of member nations on how to confront the Global economic crisis. The agenda, to say the least, is full. However, there are divergent proposals and solutions, and still many challenges that must first be confronted. This […]