Posts Tagged ‘ Financial crisis ’

Harvard’s walkout students misunderstand economics 

November 14, 2011
Harvard’s walkout students misunderstand economics 

  What’s wrong with Ec 10? The dozens of Harvard University undergrads who walked out of the school’s famous introductory economics course this month think they know. The students’ general criticism is that Ec 10, in which some 700 students are enrolled, “espouses a specific — and limited — view of economics.” Their specific criticisms [...]

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Obama toughens tone with China as businesses vent 

November 14, 2011
Obama toughens tone with China as businesses vent 

President Barack Obama arrives during the first plenary meeting at the APEC Summit in Honolulu, Hawaii November 13, 2011. The head of Boeing chose his words carefully as he explained to President Barack Obama the “dilemma” that Corporate America faces in trying to do business in China. “We see a world where our interests lay [...]

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What's in store for the 7 billionth child 

October 21, 2011
What's in store for the 7 billionth child 

Photo courtesy of Wikipedia. At some point this month, October 2011, a child will be born and the world’s population will have reached seven billion. There is a good chance that this childbirth will take place in the Asia-Pacific region; home to 61 percent of the world’s population. If the child is born in the [...]

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Finance minister's ousting shocks Russia 

September 27, 2011
Finance minister's ousting shocks Russia 

File picture shows Russian President Dmitry Medvedev (L) meeting with then finance minister Alexei Kudrin in May. The Kremlin on Tuesday faced warnings of trouble for the Russian economy after President Dmitry Medvedev ousted his finance minister in the most bitter public clash within the elite for years. Finance Minister Alexei Kudrin, who had been [...]

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Wrestling with reality 

June 29, 2011
Wrestling with reality 

  The recent documentary festival has sparked a dialogue over the flagging quality of Vietnamese films A scene in the Swiss documentary “Cleveland versus Wall Street” depicting the fallout from the 2008 financial crisis. The fictional details in the film captured local viewers and filmmakers alike. Three thousand people attended the third International Documentary Film [...]

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AIG share sale raises $8.7 billion after record bailout 

May 25, 2011
AIG share sale raises $8.7 billion after record bailout 

The logo of American International Group (AIG) is seen at their offices in New York in this file photograph from September 18, 2008. The US Treasury made a small profit when it sold a portion of its shares in American International Group Inc on Tuesday, but it was unclear how its investment in the beleaguered [...]

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US economic rescue failing to meet key goals:auditor

January 31, 2010
US economic rescue failing to meet key goals:auditor

Job seekers attend an interview workshop in San Mateo, California The US$700-billion US government effort to rescue the financial system has failed to meet key goals such as sparking lending and curbing risky activities by banks, a special auditor said Sunday. The special inspector general for the Troubled Asset Relief Program said in a report [...]

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Generating democratisation in global governance an urgent demand, says PM

January 29, 2010
Generating democratisation in global governance an urgent demand, says PM

PM Nguyen Tan Dung on January 28 delivered a speech at the World Economic Forum’s Plenary Session on Reshaping the Global Governance in Davos, Switzerlands. Below is the speech in full. PM Nguyen Tan Dung speaks at the WEF on January 28 (photo: government’s website).I would like to share with you my thoughts on reshaping the global [...]

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Dubai crisis rings bells of prudent investment

December 8, 2009
Dubai crisis rings bells of prudent investment

Until last month, Dubai was acclaimed worldwide as an exotic Manhattan on the sea. File photo shows Kuwaiti traders follow the market’s movement at the Stock Exchange in Kuwait City Dec. 1, 2009. (Xinhua File Photo/Noufal Ibrahim)Unsurprisingly, news of the financial collapse of the emirate’s key construction firms came as a shock to many, but [...]

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Vietnam says may revive bank, airline share sale plans in 2010

December 4, 2009
Vietnam says may revive bank, airline share sale plans in 2010

A Vietnam Airlines share sale was planned for 2008, based on a 2007 Vietnamese government statement. Vietnam may next year revive long-stalled plans to sell shares in companies including Bank for Investment and Development of Vietnam and Vietnam Airlines Corp., Minister of Planning and Investment Vo Hong Phuc said. State-owned enterprises are “crowding out capital” [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...