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.

IMF: World Economy Recovering Faster Than Expected

IMF raises 2010 global growth forecast to 3.1 percent but warns that recovery will be slow

IMF: No silver bullet for financial markets

One year after the collapse of Lehman Brothers investment bank, the International Monetary Fund paints a rosier picture of the world economy. But risks are still lurking in the balance sheets of ba...

Economy in U.S. Shrank at a 0.7% Annual Rate in Second Quarter

The worst U.S. recession since the Great Depression eased more than anticipated in the second quarter, setting the stage for a recovery to take hold in the last half of 2009. The world’s largest e...

G20 takes world economy mantle from G8

THE Group of 20 nations will become the top economic forum, spreading influence to emerging powers such as China and India.

The World Has Not Ended Yet - According To Joseph Stiglitz

The now famous economic guru of our time Joseph Stiglitz has proclaimed the world economy has not crashed. BUTTTTTTTTTTTTTTTT… Stiglitz has repeatedly stated that the US has failed to fix ...

G20 Leaders Meet To Rebalance World’s Economy While Imposing Banking Reforms

Leaders from the G20 nations, which represent 85% of the global economy, will hold an economic summit in Pittsburgh this week to determine how they can keep the economic recovery on track whil...

Today’s ‘Recovery’ Is Based On Hot Money From The Fed. It’s A Fake.

The press attributed this week’s rise in gold to benign causes. The end of the world seems to have been postponed - indefinitely. Bloomberg reported that a clear majority of those polled ...

China’s Exports Fell for 10th Month in August on Global Crisis

China’s exports fell for a 10th straight month in August, weighing on the government’s efforts to spur growth in the world’s third-largest economy. The $103.7 billion figure for overseas shipments...

China’s Industrial Output Rises 12.3% as Recovery Strengthens

China’s industrial production grew at a faster pace in August, signaling a strengthening recovery in the world’s third-biggest economy. Output gained 12.3 percent from a year earlier, after climbi...
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