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IMF Leaves Question Unresolved: Can World Avert Harmful "Currency War"?
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10.10.2010 |
Truthout - All Articles |
| World financial leaders agree on the problem. They just don't have a ready solution to the risk that the global economic recovery will be undermined by nationalistic elbowing over exchange rates. That's the message from a statement issued Saturday by the board of governors of the International Monetary Fund after the IMF's annual meeting in Washington. "Economic recovery is proceeding, but remains fragile and uneven," the communique said. The group officially rejected "protectionism in all its forms," but also cited "tensions" over exchange-rate movements and imbalanced trade patterns. The statement called on the IMF to seek answers to this problem. At the core of the challenge is the difficult relationship ... |
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Also found in: [+]
[newstrust :: China and Global Economy]
[newstrust :: Regulation]
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A bit of sunshine
(Cached)
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10.10.2010 |
Telegraph: Opinion |
| As I write this, the Commonwealth Games are just a few days away. The controversies related to the Games |
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Also found in: [+]
[fredericknoronha :: Corruption]
[ajnyani :: AGECON]
[newstrust :: India and Global Economy]
[governance :: Urban Governance]
[kolcarto :: Kolkata]
[sandman1965 :: Telecom]
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Explosives smuggling: More details unearthed
(Cached)
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10.10.2010 |
New Kerala: World News |
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Krugman: Only Player Out There Who Can Get This Economy Moving is the Government
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10.10.2010 |
Crooks Liars |
| Click here to view this media
From CNN's new series Parker Spitzer, Paul Krugman says it's time to borrow and spend and worry about the deficit after the economy recovers. You can read more from Krugman on what's behind the unemployment numbers here as well.
Unemployment Dilemma Goes Beyond Supply and Demand :
Mike Konczal, a fellow at the Roosevelt Institute, recently posted an excellent piece on his blog in which he examined why unemployment remains so high. He points out: “There are two theories at work. The first is a story of aggregate demand. The second theory is one of a mismatch in skills.”
What he doesn’t say explicitly — although it’s clearly implied — is that these two theories have very different policy implications. [...]
The answer is to look at the evidence — specifically, to ask whether what we see bears the signature of one story or the other. The aggregate demand story suggests that we should see depressed employment in all industries as workers of every skill ... |
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Also found in: [+]
[newstrust :: Unemployment]
[newstrust :: China and Global Economy]
[newstrust :: Housing]
[newstrust :: Jobs]
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Read between the lines
(Cached)
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10.10.2010 |
Hindustan Times: Views |
| India must take the IMF’s growth predictions seriously to secure its macro-economic future. |
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Also found in: [+]
[newstrust :: India and Global Economy]
[newstrust :: Regulation]
[sandman1965 :: Realty]
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Frankfurt book fair ends, Grossman awarded peace prize - Summary
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10.10.2010 |
Earth Times |
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How Do You Take Your Tea? With Heaping Spoonfuls of Irony, Of Course
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10.10.2010 |
Commondreams.org Views |
| by David Michael Green It's so great that Americans are finally angry about the state of their country. But it's beyond awful that all the wrong people are beside themselves for all the wrong reasons. When I look at the tea party movement in America today, any number of words come to mind, most of which are not fit for print in a family newspaper. But, above all, I cannot help but be struck by the irony of it all. It's ironic, to begin with, that the ones who are bitching loudest today are precisely the people who created the mess we're in. read more |
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Also found in: [+]
[newstrust :: Jobs]
[newstrust :: Recession]
[newstrust :: India and Global Economy]
[newstrust :: China and Global Economy]
[flenvcenter :: Republican]
[flenvcenter :: Global Economies]
[flenvcenter :: Republican]
[flenvcenter :: Social Justice]
[flenvcenter :: Global Economies]
[flenvcenter :: Social Justice]
[newstrust :: Third World Poverty]
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To Counter Currency Manipulation: Rally Some Allies
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10.10.2010 |
AlterNet |
| Japan, no economic small fry, challenged China last month. The conclusion of the dispute is a cautionary tale for countries confronting China about currency manipulation. In September, Japan seized a Chinese trawler captain after his boat collided with two Japanese Coast Guard ships near some East China Sea islands claimed by both countries. Immediately afterward, China “coincidentally” [...]
Related Stories ... |
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Also found in: [+]
[newstrust :: Jobs]
[newstrust :: China and Global Economy]
[demo :: Wind]
[flenvcenter :: Unions]
[newstrust :: Green Power]
[flenvcenter :: Unions]
[subbutest :: All Srcs]
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Ill. Senate candidates discuss one's failed family bank, other's military service in debate
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10.10.2010 |
Star Tribune: Politics |
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Also found in: [+]
[flenvcenter :: Global Economies]
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House GOP leader criticizes Ohio candidate who wore Nazi uniform at World War II reenactments
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10.10.2010 |
Star Tribune: Politics |
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Also found in: [+]
[nwct :: Healthcare_US]
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IMF Leaves Question Unresolved: Can World Avert Harmful "Currency War"?
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10.10.2010 |
Truthout.com |
| World financial leaders agree on the problem. They just don't have a ready solution to the risk that the global economic recovery will be undermined by nationalistic elbowing over exchange rates.
That's the message from a statement issued Saturday by the board of governors of the International Monetary Fund after the IMF's annual meeting in Washington.
"Economic recovery is proceeding, but remains fragile and uneven," the communique said. The group officially rejected "protectionism in all its forms," but also cited "tensions" over exchange-rate movements and imbalanced trade patterns.
The statement called on the IMF to seek answers to this problem.
At the core of the challenge is the difficult relationship between the US and China.
read ... |
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Also found in: [+]
[newstrust :: China and Global Economy]
[newstrust :: Regulation]
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Industrialized nations target currency policies
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10.10.2010 |
Washington Post: Front Page |
| The United States and other industrialized countries are pushing to create a broad set of economic targets that would hold key countries - notably China - more directly accountable for their currency and other policies. |
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Also found in: [+]
[newstrust :: China and Global Economy]
[newstrust :: Regulation]
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No resolution on currency dispute
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10.10.2010 |
Boston Globe: Nation |
| No resolution on currency dispute |
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Also found in: [+]
[newstrust :: Regulation]
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End To Currency Dispute Eludes Finance Ministers
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10.10.2010 |
NPR News |
| Differences that threaten the outbreak of a currency war persisted after a weekend meeting of global finance ministers, who left without resolving what to do. |
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Also found in: [+]
[newstrust :: India and Global Economy]
[newstrust :: China and Global Economy]
[newstrust :: Regulation]
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Industrialized nations seek currency deal
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10.10.2010 |
Washington Post |
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Also found in: [+]
[newstrust :: China and Global Economy]
[newstrust :: Regulation]
[flenvcenter :: Global Economies]
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Facing a currency war, IMF fails to resolve sharp differences
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10.10.2010 |
Twincities.com: Nation |
| WASHINGTON — Global finance leaders failed Saturday to resolve deep differences that threaten the outbreak of a full-blown currency war. |
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Also found in: [+]
[newstrust :: China and Global Economy]
[newstrust :: Regulation]
[flenvcenter :: Warfare]
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Taiwan president stresses peace with China in National Day speech
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10.10.2010 |
Earth Times |
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Also found in: [+]
[newstrust :: China and Global Economy]
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What to do about China's currency?
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10.10.2010 |
Washington Post: Op-Eds |
| With the Obama administration stepping up pressure on China to change the way it manages its currency, The Post asked experts and legislators what can be done. Below are contributions from C. Fred Bergsten, Mark Zandi, Douglas Holtz-Eakin, Kenneth Lieberthal and Rep. Sander M. Levin. |
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Also found in: [+]
[newstrust :: Jobs]
[newstrust :: Recession]
[flenvcenter :: Policy]
[newstrust :: China and Global Economy]
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China Emerges as a Scapegoat in Campaign Ads
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10.10.2010 |
NYT: Home Page |
With many Americans anxious over economic decline, Democrats and Republicans are blaming one another for allowing the export of jobs.
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Also found in: [+]
[demo :: Wind]
[newstrust :: Green Power]
[newstrust :: Businesses]
[newstrust :: India and Global Economy]
[newstrust :: China and Global Economy]
[irge304 :: Green Power]
[subbutest :: All Srcs]
[subbutest :: NYT]
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Obama lacks fresh approach to foreign aid
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10.10.2010 |
Boston Globe: Opinion |
| Obama lacks fresh approach to foreign aid |
