Posted by GSerrano on October 6, 2009 ·
Blame it on the customary deluge of Chinese imports all over, but some countries adversely feel the effect of the surfeit of everything ‘made in China.’ In July this year, ‘US Steelworkers asked President Obama to limit the amount of Chinese tires being imported into the country.’ The union had been reeling under the weight of ‘the sheer [...]
Posted by MB on September 25, 2009 ·
The G20 meeting is being held in Pittsburgh, US for a two day long summit. This meeting could be a fruitful and an anticipated one for many emerging nations. There could be a shift in the voting powers of the emerging nations.
The IMF being a 186 member-states organization is mainly dominated by the US and the European Nations. Simon Johnson, former [...]
Posted by GSerrano on September 21, 2009 ·
Another G20 summit coming up, another potentially missed opportunity to talk about the really crucial talking points such as China. In the attempt of rich countries ‘to put the world to rights in a trendily broad and inclusive way’ on the way to the up and coming International Monetary Fund summit in Istanbul, talks might once again fall on the [...]
Posted by MB on April 16, 2009 ·
International Monetary Fund has warned that the current global recession may last longer than anticipated. The adverse effects are severe and the recovery is extremely sluggish and slow.
IMF has predicted that this global economic crisis is the first of its kind in 60 years and the world economy is on the decline by almost 0.5 percent to 1.0 percent [...]