Russia and the Global Economic Crisis
Any international economic crisis afflicts different countries in different ways, but an unfortunate few experience every painful dimension of it. In the current crisis, Russia is confronting virtually all the negatives at once–sharply declining export earnings from energy and metals, over-leveraged corporate balance sheets and a chorus of [...]

read more....

Financial crisis. Two wars. Rising rivals. And talk about whether the American era is coming to an end.
The financial crisis of 2008 has not just toppled once proud corporate giants and eviscerated American assets, livelihoods, and credit. It has touched off an anxious debate over whether the debacle heralds a long-predicted decline in U.S. global [...]

read more....

Investors are fleeing fragile financial markets, oil prices are falling, and the global credit crisis threatens the economy
…
But scratch the surface a bit, and things are less splendid than they appear. As the financial crisis spreads, Russians are suddenly discovering that their economy is shakier than many had cared to believe. Credit is increasingly tight, [...]

read more....

Iran’s looming financial crisis
In 2006, Iran was the fifth largest oil exporter in the world. How is it possible that by the middle of the next decade its exports could fall to zero?
In a paper published in January 2007, Roger Stern, a researcher at Johns Hopkins University, predicted that Iranian oil exports would drop to [...]

read more....

by Larry EdelsonI’ll discuss the state of the markets shortly. First, I’d like to discuss the state of the world’s future.
According to a long-term study just released by the U.S. Naval Services Department, a series of tipping points could dramatically alter the global prospects for economic growth and humanity — for the worse.
Right now, for [...]

read more....

Poor nations derailed the last WTO deal. Now economic turmoil means the rich countries could kill it off for the foreseeable future
With America reeling from the worst financial crisis for half a century, poor consumers struggling to afford food, and China’s appetite for raw materials forcing up the cost of oil, now may not seem [...]

read more....