IMF and World Bank: Crisis not over yet

The heads of the IMF and the World Bank are warning that the global financial crisis is far from over. Rising unemployment remains a major threat to a full recovery of the world economy.

Lenders tighten belts since crisis

LENDERS have significantly tightened their loan criteria since the global financial crisis took hold, research shows.

Personal wealth slashed 27pc in GFC

HIGH exposure to equities made Australia the world's third-biggest loser in the global financial crisis, in terms of personal wealth.

The United States Is The New Tanzania? Ugh…

Switzerland sits atop the overall ranking in The Global Competitiveness Report, just released by the World Economic Forum, representing the first time since 2004 that the United States doesn&#...

Did You Miss The 62% Run-Up In The Stock Market?

I normally talk only about currencies here in my Money and Markets column. But today I want to address some commonly held misconceptions many investors have about how their investment portfol...

Watchdog says corruption partly to blame for global financial crisis

A new report by corruption watchdog Transparency International (TI) concludes that corrupt business practices cost society billions and preventing sustainable economic growth.

Agribusiness ‘the new mining sector’

AGRIBUSINESS is fast becoming Australia's new mining sector and has already proven its resilience during the global financial crisis, one food group says.

German brothels struggle against financial crisis

In Germany, the sex industry has suffered from the impact of the global financial crisis. Brothels have had to come up with creative marketing strategies to attract more clients.

Stock News Briefs: Adobe Buys Omniture; Blockbuster Closing Up To 960 Stores

OECD: Up To 25 Million Jobs Lost; BHP Affirms China’s Strength, Demand; Adobe Buys Omniture; Emerging Market Stocks Double From Oct. Lows; Corning Buys Plastic Maker Axygen BioScience; B...

Putin Meets French Premier

France's prime minister said Monday that Europe needed a "grand accord" with Russia to establish a single economic space that will help countries weather the global financial crisis.
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