Tag Archives: United States

Politicians playing poker

SUMMER is at hand in the world’s big financial centres, but the mood is hardly bright. Stock prices have been sliding for weeks in response to gloomy economic news. Factory output has slowed across the globe. Consumers have become more … Continue reading

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Conventional wisdom

By PAUL KRUGMAN Earlier this week, the Federal Reserve Bank of New York published a blog post about the “mistake of 1937,” the premature fiscal and monetary pullback that aborted an ongoing economic recovery and prolonged the Great Depression. As Gauti … Continue reading

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US healthcare: Profit before Patients

By Rose Aguilar When Stan Brock started Remote Area Medical (RAM) in 1985, never in his wildest dreams did he think his services would be needed in the United States, the wealthiest country in the world. RAM began as an … Continue reading

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More of the same

by Paul Krugman  The past three years have been a disaster for most Western economies. The United States has mass long-term unemployment for the first time since the 1930s. Meanwhile, Europe’s single currency is coming apart at the seams. How … Continue reading

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The Inspector

By Leslie H. Gelb The Nobel laureate Mohamed ElBaradei has stated his intention to “nominate myself” to be president of Egypt, but this memoir will not improve his election prospects. In personal terms, it’s hard to imagine anything less thrilling to Egypt’s street … Continue reading

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Clear and present danger

Fears and Failure by Paul Krugman  From G.D.P. to private-sector payrolls, from business surveys to new claims for unemployment insurance, key economic indicators suggest that the recovery may be sputtering. And it wasn’t much of a recovery to start with. … Continue reading

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He is my brother

By Justme Osama Bin Laden is dead. The leader of a terrorist group, Al Qaeda,  was once supported by the U.S and armed by the same to fight against the Soviets. The wealthy son of a Saudi construction company owner … Continue reading

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How risky is the global economy ?

By Mohamed A. El-Erian Three years after the global financial crisis, the global economy remains a confusing place – and for good reasons. Should we draw comfort from gradual healing in advanced countries and solid growth in emerging economies? Or should … Continue reading

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Ludicrous and Cruel

By Paul Krugman Many commentators swooned earlier this week after House Republicans, led by the Budget Committee chairman, Paul Ryan, unveiled their budget proposals. They lavished praise on Mr. Ryan, asserting that his plan set a new standard of fiscal … Continue reading

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Runaway Train

How does it feel to be on a runaway train ? News and commentaries on the state of the global economy are nothing but daunting. Old world solutions obviously do not work any longer, New Earth responses are yet to … Continue reading

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