The eye of the recession storm is said to have passed. The world is now slowly recovering from the greatest economic bust since the Depression. The US says it has edged out of the economic meltdown, Australia is said to have survived the recession easiest and earliest.
Anyone who comes from a typhoon-riddled country could attest [...]

The G20 ‘agreed that all subsidies that encourage wasteful consumption must go.’  The G20 is composed of 19 countries plus the European Union and international financial institutions. This group accounts for 80 percent of greenhouse-gas emissions, also because of fossil fuel subsidies that do not augur well for the fight against climate change whose major [...]

The developing countries will now play a more significant role in the economic policies of the world. The ultra-elite club of the richest industrial nations known as G7 will relinquish its top level global economic forum to the much broader G20 that includes the emerging economies and developing countries such as China, Brazil, and India.
The [...]

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 [...]

If one shortcuts the path from the temptations of free trade and the current global recession, one can glean that free trade caused greedy and ambitious producers (plus all and sundry that support their endeavors in any which way) produce more and more, or perhaps even just attempt to produce more and more – all [...]