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Stung and shocked by the rise of right wing parties and groups in Europe and the United States, the Social Democratic political parties in Europe have launched an initiative to counter this trend by building what they call a 'global progressive alliance.' Global Trends with Martin Khor.
Tan Sri Nor Mohamed Yakcop 's appointment as Finance Minister II is an occasion to revisit the unorthodox policy measures Malaysia took in the dark days of the financial crisis.The Malaysian strategy is now seen as an alternative that other countries can learn from,writes MARTIN KHOR.
THE Council of Islamic Financial Services Board (IFSB) yesterday admitted 13 new members, bringing the number to 49.
The International Monetary Fund (IMF) said yesterday that long-standing weaknesses in Argentina's economy led to its collapse in 2001, while the global lender acknowledged that its own shortcomings had prevented it from detecting the looming crisis.