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KABOBfest (Free subscription) | 30/11/2008
Adam Hanieh' most recent piece: The current global economic crisis has all the earmarks of an epoch-defining event. Mainstream economists -- not usually known for their exaggerated language -- now openly employ phrases like 'systemic meltdown' and 'peering into the abyss.' On October 29, for example, Martin Wolf, one of the top financial commentators of the Financial Times, warned that...
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Market Pipeline (Free subscription) | 24/11/2008
(Wolfgang Münchau @ FT.com) In the current turmoil , accidents can pull us in vastly different directions. The unforeseeable bankruptcy of Lehman Brothers, the US investment bank, transformed a lingering financial crisis into a near-systemic meltdown. Depending on how other unpredictable events turn out in the next few weeks and months, we could end up with a deflationary depression,...
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Socialist Project (Free subscription) | 23/11/2008
The current global economic crisis has all the earmarks of an epoch-defining event. Mainstream economists – not usually known for their exaggerated language - now openly employ phrases like 'systemic meltdown' and 'peering into the abyss.'
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Computer World (Free subscription) | 04/11/2008
Despite sporadic reports all day long about an assortment of e-voting machine problems in several U.S. states, no massive systemic meltdown occurred. Experts and state officials said that with heavy turnout expected, they had feared worse.
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ITBusiness.ca - Top Stories (Free subscription) | 05/11/2008
E-voting avoids disaster in U.S. electionA clear Obama victory helped smooth over some Election Day hiccups at the expense of e-voting machines.By: Todd R. WeissDespite reports all day long about an assortment of e-voting machine problems in several U.S. states, no massive systemic meltdown occurred.Despite widespread pre-election concerns about , election officials, e-voting activists...
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euronews24 (Free subscription) | 03/11/2008
... States, Germany, France and Britain have offered to inject capital into their banks to prevent systemic meltdown. France has earmarked 360 billion euros for the country's finance sector and French Prime Minister Francois Fillon was quoted by Le Figaro newspaper on Monday as saying that if the banks did not use the money to lend to businesses, then the government could take direct...
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The Telegraph (Free subscription) | 24/10/2008
... the exchange of policy ideas, but economists gathered at the conference have been warning about systemic meltdown since 2003.One of the WEF's sessions three years ago was entitled, "Spotting the Next Bubble Before It Bursts", co-chaired by former chief executives of nationalised mortgage lender Freddie Mac and investment bank Goldman Sachs.Kevin Steinberg, WEF chief operating officer,...
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International Herald Tribune (Free subscription) | 21/10/2008
... to help Pakistan - which said it needed up to $15 billion - Iceland, Ukraine and others prevent systemic meltdowns.Shares in the top French banks rose sharply after the French government said it would lend €10.5 billion, or $13.9 billion, to increase their capital reserves. Paris earmarked €360 billion last week as part of an international effort to help banks survive the worst financial...
