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Global financial crisis News

SCO summit meeting, China backs Russia against US missile shield

Astana - The 11th summit of the Shangai Cooperation Organisation (SCO) held in Astana, capital of Kazakhstan, saw a declaration signed condemning any unilateral build-up of missile defences.

In the Media by Sara Star

Op-Ed: It's True: Rich People Are Different From The Rest Of Us

Nelson - Often it is heard that rich people are not like the rest of us, and it appears, that really this is true, especially in their attitudes, as well as their allegiances, which tend rather to be more with each other, than their home countries

In the Media by Hans Smedbol - 30 comments

Italian mayor orders citizens not to get sick

Don’t get ill in the city of Acquapendente, in the Italian province of Viterbo. And that’s an order, from no less than the city's mayor.

In the Media by Andrew John - 2 comments

Bank Profits in Pakistan Likely to Decrease

The global financial crisis has started showing its effect on Pakistan's banking as profit rates on all accounts are likely to drop later this month.

In the Media by Ernest Dempsey

Global Financial Crisis Will Be Focus of Canadian Throne Speech

Gov. Gen. Michaëlle Jean unveils Prime Minister Stephen Harper's legislative agenda for Canada's 40th Parliament and the economy is center stage.

In the Media by Bob Ewing - 3 comments

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Alliance faced a 'perfect storm'

Dundee investment firm Alliance Trust says it has witnessed "a perfect storm" created by the global financial crisis.

Recovery not complete - Bernanke

Ben Bernanke says the US economy is yet to fully recover from impact of the global financial crisis and warns of new risks.

VIDEO: Eurozone fears hit share prices

Fears over the growing financial crisis in the eurozone are knocking billions of dollars off global stock markets.

Aid fall tied to financial crisis

Richer countries' aid for developing nations has fallen for the first time since 1997 as a result of the global recession, the OECD says.

VIDEO: UN sustainable development pledge

The Secretary General of the UN, Ban Ki-moon, has told industrial leaders they have a social and moral duty to innovate in the drive to turn around the global financial crisis.