This year and the preceding marked the worst financial crisis in American history. Some countries, like Britain, actually saw a bank run. Trillions has been lost and...

In a not entirely unexpected move, Dubai has for all intents and purposes temporarily defaulted on billions in debt. The city-state has told its creditors to be...

Should I call it a miracle turned mirage? Till 2 years back Dubai was the most happening place in the world – a close competitor to New York, London and Singapore....

Afghan government revealed that the delay in the declaration of August 20 Presidential Elections is costing the country a heavy price in terms of decline in national...

Norwegian voters appear to have returned their Labor-dominated government to office, narrowly endorsing Prime Minister Jens Stoltenberg’s pursuit of expanded public...

US President Barack Obama is poised to call on Congress to approve an overhaul of the US regulatory regime. In a speech to mark one year since the collapse of Lehman...

The problem is not that there is not enough money in the world. The problem is that most of the money is concentrated in so few hands. Money as a concept worked well...

Critics fret that health care reform would undermine American family values, not least by convening somber death panels to wheel away Grandma as if she were Old...

Russia’s government has issued a tender for luxury furniture, including a gilded bed, triggering an outcry Wednesday in a country where the economy shrank 10.9...

Will threatening to blow up the factory where you work get you a better severance package? What about staging a “bossnapping,” and attracting TV...

Economic slump felt in all three countries * No unity on simmering trade issues * Shared commitment to halt spread of H1N1 virus By Steve Holland and Patricia...

The is no more legendary an investor than Warren Buffet. Buffet started life as a simply newspaper boy and grew to manage the most successful [in terms of returns]...

It has been touted as a successful treatment for everything from insomnia and depression to Parkinson’s disease and multiple sclerosis. Now supporters of...

With his clean white university sweatshirt and shiny cellphone, Lee Chang-shik looks the part of a manager at a condominium development company, the job that he held...

The edict, issued from the highest level of China’s government, comes less than six months after China described the short-lived ‘Buy American’ clauses in the US...

Georgina Geikie, one of the U.K.’s most promising sharpshooters, is learning the hard way what the long-term cost of the financial crisis can be. Over the past...

Obama isn’t just ruling on the fate of a single company. A GM bankruptcy could devastate the very economy he is attempting to stabilize By William J. Holstein...

In order protect the emerging market economies as engines of global growth; there is a firm need to stem the global financial crisis. For that matter, Alistair Darling...

Israel’s richest man - fortune previously estimated at $6 billion - suffered great loses in 2008 due to the global economic crisis and particularly due to the...

The G20 London meeting ended with a positive note. The member countries signed the $1trillion deal to end the global economic meltdown. Gordon Brown termed the deal as...