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	<title>Trends Updates &#187; global economic meltdown</title>
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	<link>http://trendsupdates.com</link>
	<description>A trip down the trendy lane</description>
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		<title>Migrant Labor Saving the Global Economy</title>
		<link>http://trendsupdates.com/migrant-labor-saving-the-global-economy/</link>
		<comments>http://trendsupdates.com/migrant-labor-saving-the-global-economy/#comments</comments>
		<pubDate>Sun, 20 Dec 2009 07:53:59 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market Trends]]></category>
		<category><![CDATA[News + Politics]]></category>
		<category><![CDATA[global economic meltdown]]></category>
		<category><![CDATA[global economy]]></category>
		<category><![CDATA[human labor]]></category>
		<category><![CDATA[labor migration]]></category>
		<category><![CDATA[migrant home countries]]></category>
		<category><![CDATA[migrant host countries]]></category>
		<category><![CDATA[migrant remittances]]></category>
		<category><![CDATA[migrant workers]]></category>
		<category><![CDATA[migration]]></category>
		<category><![CDATA[Poverty]]></category>
		<category><![CDATA[Recession]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=30982</guid>
		<description><![CDATA[“The global economic crisis has devastated workers around the world, none more than migrants whose daily wages are dependent on the whims of global financiers. Witness Dubai. Even before the meltdown of Dubai World, migrants whose labor literally built Dubai from the ground up suffered serious job losses with the onset of the global recession [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Migrant Workers: Exploited Heroes</title>
		<link>http://trendsupdates.com/migrant-workers-exploited-heroes/</link>
		<comments>http://trendsupdates.com/migrant-workers-exploited-heroes/#comments</comments>
		<pubDate>Sun, 20 Dec 2009 07:48:43 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Critic]]></category>
		<category><![CDATA[News + Politics]]></category>
		<category><![CDATA[Society &amp; Culture]]></category>
		<category><![CDATA[global economic meltdown]]></category>
		<category><![CDATA[human rights abuses]]></category>
		<category><![CDATA[Human Rights Watch]]></category>
		<category><![CDATA[inadequate access to health care]]></category>
		<category><![CDATA[International Migrants Day]]></category>
		<category><![CDATA[labor exploitation]]></category>
		<category><![CDATA[labor migration]]></category>
		<category><![CDATA[migrant remittances]]></category>
		<category><![CDATA[migrant workers]]></category>
		<category><![CDATA[migration]]></category>
		<category><![CDATA[overcrowded prisons]]></category>
		<category><![CDATA[prolonged detention]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[‘Slow Movement: Protection of Migrants' Rights in 2009’]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=30979</guid>
		<description><![CDATA[Nisha Varia, senior researcher in the Women&#8217;s Rights Division of Human Rights Watch, says, “Governments seem to forget that when men, women, and children migrate, they don’t leave their rights at home. Instead of protecting people who already are at special risk of abuse, many governments further marginalize migrants, punish them, or push access to [...]]]></description>
		<wfw:commentRss>http://trendsupdates.com/migrant-workers-exploited-heroes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dubai ruler’s financial woes: recession blues or hubris of profligacy?</title>
		<link>http://trendsupdates.com/dubai-ruler%e2%80%99s-financial-woes-recession-blues-or-hubris-of-profligacy/</link>
		<comments>http://trendsupdates.com/dubai-ruler%e2%80%99s-financial-woes-recession-blues-or-hubris-of-profligacy/#comments</comments>
		<pubDate>Wed, 02 Dec 2009 04:43:15 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[debt burden]]></category>
		<category><![CDATA[debt restructuring]]></category>
		<category><![CDATA[debt standstill]]></category>
		<category><![CDATA[Dubai]]></category>
		<category><![CDATA[Dubai crisis]]></category>
		<category><![CDATA[Dubai World]]></category>
		<category><![CDATA[Dubai World debt]]></category>
		<category><![CDATA[Dubai's property market]]></category>
		<category><![CDATA[Dubai’s flagship company]]></category>
		<category><![CDATA[global economic meltdown]]></category>
		<category><![CDATA[investment market]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[Middle East]]></category>
		<category><![CDATA[profligacy]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Sheikh Mohammed Bin Rashid Al Maktoum]]></category>
		<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[wealth]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=29960</guid>
		<description><![CDATA[59-year old Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum has seen his personal fortunes plummet from $12 billion down to $6 billion because of the ongoing global recession, as well as some other reasons. Dubai, an emirate of the United Arab Emirates, ‘was forced to ask for a handout from neighbor Abu Dhabi when [...]]]></description>
		<wfw:commentRss>http://trendsupdates.com/dubai-ruler%e2%80%99s-financial-woes-recession-blues-or-hubris-of-profligacy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Past the Eye of the Recession Storm: is this the ‘new normal?’</title>
		<link>http://trendsupdates.com/past-the-eye-of-the-recession-storm-is-this-the-%e2%80%98new-normal%e2%80%99/</link>
		<comments>http://trendsupdates.com/past-the-eye-of-the-recession-storm-is-this-the-%e2%80%98new-normal%e2%80%99/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 02:54:39 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Australia survives recession]]></category>
		<category><![CDATA[complacency]]></category>
		<category><![CDATA[employment growth]]></category>
		<category><![CDATA[G20]]></category>
		<category><![CDATA[global economic meltdown]]></category>
		<category><![CDATA[global economy]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[idle manufacturing capacity]]></category>
		<category><![CDATA[investment growth]]></category>
		<category><![CDATA[normal economic landscape]]></category>
		<category><![CDATA[normalcy]]></category>
		<category><![CDATA[optimism of financial markets]]></category>
		<category><![CDATA[policymakers]]></category>
		<category><![CDATA[pre-crisis rate of growth]]></category>
		<category><![CDATA[productivity growth]]></category>
		<category><![CDATA[re-growth]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[The Great Depression]]></category>
		<category><![CDATA[Unemployment]]></category>
		<category><![CDATA[US recovers from financial crisis]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=27291</guid>
		<description><![CDATA[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 [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IMF: the official emergency lender is back in the spotlight</title>
		<link>http://trendsupdates.com/imf-the-official-emergency-lender-is-back-in-the-spotlight/</link>
		<comments>http://trendsupdates.com/imf-the-official-emergency-lender-is-back-in-the-spotlight/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 00:31:27 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Brazil]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Dominique Strauss-Kahn]]></category>
		<category><![CDATA[emerging economies]]></category>
		<category><![CDATA[global economic meltdown]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[IMF as a lending institution]]></category>
		<category><![CDATA[IMF as lender of last resort]]></category>
		<category><![CDATA[IMF as official emergency lender]]></category>
		<category><![CDATA[IMF loans]]></category>
		<category><![CDATA[IMF stimulus fund]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[rich-country governments]]></category>
		<category><![CDATA[world’s poorest countries]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=27283</guid>
		<description><![CDATA[Because of the global recession that is said to affect the world’s poorest the most, the International Monetary Fund is in focus once again. The crisis has brought it back from the dead. ‘Two years ago the world’s main international economic institution was heading for irrelevance, its homilies ignored by rich countries, its advice despised [...]]]></description>
		<wfw:commentRss>http://trendsupdates.com/imf-the-official-emergency-lender-is-back-in-the-spotlight/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>No Foreign Business Boom in China</title>
		<link>http://trendsupdates.com/no-foreign-business-boom-in-china/</link>
		<comments>http://trendsupdates.com/no-foreign-business-boom-in-china/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 00:25:33 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market Trends]]></category>
		<category><![CDATA[AstraZeneca]]></category>
		<category><![CDATA[Bayer]]></category>
		<category><![CDATA[capitalizing on China’s growth]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[China as a difficult business environment]]></category>
		<category><![CDATA[Chinese Economy]]></category>
		<category><![CDATA[communist regime]]></category>
		<category><![CDATA[doing business in China]]></category>
		<category><![CDATA[exports to China]]></category>
		<category><![CDATA[foreign business firms in China]]></category>
		<category><![CDATA[global economic meltdown]]></category>
		<category><![CDATA[multinational companies in China]]></category>
		<category><![CDATA[Pfizer]]></category>
		<category><![CDATA[pharmaceutical multinationals in China]]></category>
		<category><![CDATA[Procter &amp; Gamble]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Unilever]]></category>
		<category><![CDATA[Western business firms in China]]></category>
		<category><![CDATA[WTO]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=27280</guid>
		<description><![CDATA[Foreign business investors are finding it still difficult to ever do business in China, in spite of the hope that it is China that will pull the world out of the recession. Foreign business isn’t exactly booming in China. “China accounts for less than 2% of the global sales of drugs giants such as Pfizer, [...]]]></description>
		<wfw:commentRss>http://trendsupdates.com/no-foreign-business-boom-in-china/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Malaysia: worrying more about Beyonce’s cleavage than corruption and recession</title>
		<link>http://trendsupdates.com/malaysia-worrying-more-about-beyonce%e2%80%99s-cleavage-than-corruption-and-recession/</link>
		<comments>http://trendsupdates.com/malaysia-worrying-more-about-beyonce%e2%80%99s-cleavage-than-corruption-and-recession/#comments</comments>
		<pubDate>Wed, 28 Oct 2009 12:25:41 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[News + Politics]]></category>
		<category><![CDATA[Beyonce]]></category>
		<category><![CDATA[Beyonce’s cancelled Kuala Lumpur concert]]></category>
		<category><![CDATA[Beyonce’s raunchy stage moves and costumes]]></category>
		<category><![CDATA[corruption in Malaysia]]></category>
		<category><![CDATA[crony capitalism in Malaysia]]></category>
		<category><![CDATA[foreign investors in Malaysia]]></category>
		<category><![CDATA[global economic meltdown]]></category>
		<category><![CDATA[Islamic fundamentalism]]></category>
		<category><![CDATA[Malaysia]]></category>
		<category><![CDATA[Malaysia’s stimulus fund]]></category>
		<category><![CDATA[moderate Muslim country]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Southeast Asia]]></category>
		<category><![CDATA[Transparency International]]></category>
		<category><![CDATA[‘Corruption Perceptions Index’]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=26896</guid>
		<description><![CDATA[After several postponements, Beyonce’s Kuala Lumpur concert has been finally cancelled. The country asserts that its Muslim rules will be disrespected by the pop singer’s skimpy stage outfits and raunchy stage antics. It’s not the first time that the country figures in global headlines for some controversial stuff. Malaysia has had ‘sodomy trials involving former [...]]]></description>
		<wfw:commentRss>http://trendsupdates.com/malaysia-worrying-more-about-beyonce%e2%80%99s-cleavage-than-corruption-and-recession/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Iceland bids bye-bye to the Big Mac</title>
		<link>http://trendsupdates.com/iceland-bids-bye-bye-to-the-big-mac/</link>
		<comments>http://trendsupdates.com/iceland-bids-bye-bye-to-the-big-mac/#comments</comments>
		<pubDate>Wed, 28 Oct 2009 11:55:51 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market Trends]]></category>
		<category><![CDATA[American colonialism]]></category>
		<category><![CDATA[Big Mac]]></category>
		<category><![CDATA[BigMac Index]]></category>
		<category><![CDATA[collapse of the Krona]]></category>
		<category><![CDATA[Fast Food]]></category>
		<category><![CDATA[global economic meltdown]]></category>
		<category><![CDATA[Iceland]]></category>
		<category><![CDATA[Iceland’s IMF loan]]></category>
		<category><![CDATA[McDonald’s]]></category>
		<category><![CDATA[McDonald’s Iceland imported ingredients]]></category>
		<category><![CDATA[McDonald’s Iceland profit loss]]></category>
		<category><![CDATA[multinational food chain]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[US food chain]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=26886</guid>
		<description><![CDATA[The world’s largest restaurant chain opened its first franchise store in Iceland in 1993, with then Prime Minister David Oddsson being the ‘first person on the island to consume a Big Mac.’ The island’s three McDonald’s restaurants will close at the end of the month after suffering profit losses due to the collapse of the [...]]]></description>
		<wfw:commentRss>http://trendsupdates.com/iceland-bids-bye-bye-to-the-big-mac/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A New Wave Conquers Japan: Anti-Luxury Thriftiness</title>
		<link>http://trendsupdates.com/a-new-wave-conquers-japan-anti-luxury-thriftiness/</link>
		<comments>http://trendsupdates.com/a-new-wave-conquers-japan-anti-luxury-thriftiness/#comments</comments>
		<pubDate>Tue, 22 Sep 2009 10:24:36 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market Trends]]></category>
		<category><![CDATA[consumer materialism]]></category>
		<category><![CDATA[global economic meltdown]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Japanese ballooning government debt]]></category>
		<category><![CDATA[Japanese government pension system]]></category>
		<category><![CDATA[Japanese luxury market]]></category>
		<category><![CDATA[Japanese propensity for luxury goods]]></category>
		<category><![CDATA[Japanese unemployment rate]]></category>
		<category><![CDATA[luxury boutiques in Japan]]></category>
		<category><![CDATA[luxury goods as mass market in Japan]]></category>
		<category><![CDATA[luxury slaves]]></category>
		<category><![CDATA[new generation of thrifty Japanese fashionista]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[retail shops in Japan]]></category>
		<category><![CDATA[secondhand clothing stores in Japan]]></category>
		<category><![CDATA[thrift shopping]]></category>
		<category><![CDATA[thriftiness]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=24125</guid>
		<description><![CDATA[Japan used to be a place where luxury products were considered mass market. That was how lofty the country’s economy had been. Such is no longer the case because Japan equally suffers from the global economic meltdown, pulling along with it the Japanese propensity for luxury goods. In Japan today, retail stores are the ones [...]]]></description>
		<wfw:commentRss>http://trendsupdates.com/a-new-wave-conquers-japan-anti-luxury-thriftiness/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Will the G20 talk about China this time, or just bankers’ exorbitant bonuses once again?</title>
		<link>http://trendsupdates.com/will-the-g20-talk-about-china-this-time-or-just-bankers%e2%80%99-exorbitant-bonuses-once-again/</link>
		<comments>http://trendsupdates.com/will-the-g20-talk-about-china-this-time-or-just-bankers%e2%80%99-exorbitant-bonuses-once-again/#comments</comments>
		<pubDate>Mon, 21 Sep 2009 17:23:54 +0000</pubDate>
		<dc:creator>GSerrano</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[American chickens issue]]></category>
		<category><![CDATA[brewing trade wars between US and China]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Chinese yuan]]></category>
		<category><![CDATA[devaluation against the dollar]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[G20]]></category>
		<category><![CDATA[G20 Summit]]></category>
		<category><![CDATA[global economic meltdown]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[IMF summit]]></category>
		<category><![CDATA[Istanbul]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[renminbi]]></category>
		<category><![CDATA[tariff on Chinese tires]]></category>
		<category><![CDATA[US]]></category>
		<category><![CDATA[US dollar]]></category>
		<category><![CDATA[US-China trade row]]></category>
		<category><![CDATA[world’s largest exporter]]></category>
		<category><![CDATA[world’s third-largest economy]]></category>
		<category><![CDATA[yuan convertibility]]></category>

		<guid isPermaLink="false">http://trendsupdates.com/?p=24004</guid>
		<description><![CDATA[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 [...]]]></description>
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		<slash:comments>0</slash:comments>
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