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Global economic crisis News

Sweden: economic outlook downgraded, tax cuts postponed

Stockholm - The Swedish government announced they have downgraded their economic outlook and have been forced to put the country's planned tax cuts on hold stemming from the international debt crisis.

In the Media by Andrew Ardizzi

Low income nations about to feel pinch warns World Bank

The global economic crisis is about to hit the poorest populations in the world warns the World Bank. They are estimating that about 129 developing nations will be dealing with shortfalls of $270 billion and $700 billion this year alone.

In the Media by KJ Mullins - 1 comment

Russian Crackdown on Potential Civil Unrest

The Kremlin is concerned over potential civil unrest due to the global financial crisis. President Medvedev has announced a crackdown on crime and unrest that is related to the economic downturn.

In the Media by Michael Casey - 1 comment

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Global economic crisis Headlines

VIDEO: HSBC: A smaller, stronger bank?

Banking giant HSBC's global reach helped it avoid the fate of bailed out rivals such as RBS at the height of the global economic crisis.

Davos financial group warns of 'dystopian future'

The World Economic Forum warned Wednesday that the financial crisis that has gripped the global economy for the past few years is fueling resentment that could lay the seeds for a rising tide of protectionism, nationalism and social unrest.

Dutch feel the pinch as economic crisis bites

Dutch feel the pinch in eurozone debt crisis

Europe: A crisis of the centre

Politics taking over from economics as driver of euro crisis

Tackling inequality 'a priority'

Growing inequality should now be the priority for leaders after the economic crisis, senior figures at the World Economic Forum say.