The world economic situation worsened dramatically over the last week and each day seems to greet a new crisis

At the World Economic Forum, the leaders of the former bastions of the communist bloc rebuked the U.S. and other capitalist countries for dragging the world into crisis.

Crisis in Pakistan is growing spelling trouble for all of the world In the best of times Pakistan is at best a marginal ally of the United States. These are definitely not the best of times as the risks to the ruling government, and the world by extension, grows. A partial list of some of Pakistan's crises that threaten not only that country but all of civilization.Potential collapse of the Z...

With the World Economic crisis biting harder than ever the full effects are being felt in the UK giving the prospect of a miserable Christmas for millions of workers. Meanwhile it seems that Gordon Brown is strutting around the world stage being portrayed as the saviour of capitalism. Only Sarkozy...

The meta argument over China tends to degenerate into world a world domination/inevitable collapse duopoly, and this seems to be reflected in commentary on China’s role in the current economic crisis: China’s either going to save the world with its...

Many are worried that with the economic crisis spending priorities across the world will be pulled away from much needed action. Climate change is the obvious example, but the international development "community" has similar concerns. Many of the richest countries in the world have struggled to live up to their commitments and the concern is that the world's poorest will be pushed off the agenda....

World leaders pledged to take all action necessary to halt the panic gripping financial markets and prevent the crisis from descending into a global depression.

The government was right to go to India to carve out a new relationship based on the changing balance of economic activity and power in the world. The world Stock market index still reflects the world as it was in the last century. The USA

While the world's oldest profession may also be one of its most recession-proof businesses, brothel owners in Europe and the United States say belt-tightening caused by the global financial crisis is undermining a once-lucrative industry.

"In addition, one should not minimize the great economic achievements of the past 25 years in the form of rapid growth in world GDP, low world inflation, and low unemployment in most countries. Perhaps these achievements will be overshadowed by a deep world recession, but that remains to be seen. If the impact of this financial crisis on the real economy is not both very severe and very prolonged,...