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RUSSIA, CHINA BLAME WOES ON CAPITALISM – SPEECHES CRITICIZE INAPPROPRIATE POLICIES, FOCUS ON DOLLAR’S ROLE; YET PUTIN SENDS OBAMA CONCILIATORY SIGNAL

Posted by Gilmour Poincaree on January 29, 2009

JANUARY 29, 2009

by Marc Champion in Davos, Switzerland; Andrew Batson in Beijing and Greg White in Moscow

PUBLISHED BY ‘THE WALL STREET JOURNAL’ (USA)

The premiers of Russia and China slammed the U.S. economic system in speeches Wednesday, holding it responsible for the global economic crisis.

Both focused on the role of the U.S. dollar, with China’s Premier Wen Jiabao calling for better regulation of major reserve currencies and Russia’s Prime Minister Vladimir Putin calling over-reliance on the dollar “dangerous.”

Speaking on the opening day of the World Economic Forum in Davos, Switzerland, they both urged more international cooperation to escape the downturn. They also talked up the abilities of their own economies to ride out the recession. Mr. Wen said he was “confident” China would hit its 8% growth target for this year even though that was “a tall order.” (See the full text)

The Russian and Chinese leaders also called for cooperation with U.S. President Barack Obama, but it was a chilly reception for the new administration that reflected growing anger in economies that are now getting hit hard by a financial crisis that began with subprime mortgages sold in the U.S.

Mr. Putin was characteristically blunt. He called for the development of multiple, regional reserve currencies in addition to the dollar. “Excessive dependence on a single reserve currency is dangerous for the global economy,” Mr. Putin said. (See the full text)

The Russian leader mocked U.S. businessmen who he said had boasted at last year’s Davos meeting of the U.S. economy’s fundamental strength and “cloudless” prospects. “Today, investment banks, the pride of Wall Street, have virtually ceased to exist,” he said.

Earlier, Mr. Wen called for an expansion of regulatory “coverage of the international financial system, with particular emphasis on strengthening the supervision on major reserve currencies.”

While Mr. Wen never named the U.S., his critique of its failings was as sweeping as Mr. Putin’s. The financial crisis, he said, was “attributable to inappropriate macroeconomic policies of some economies and their unsustainable model of development characterized by prolonged low savings and high consumption; excessive expansion of financial institutions in blind pursuit of profit” – and other excesses.

“The entire economic growth system, where one regional center prints money without respite and consumes material wealth, while another regional centre manufactures inexpensive goods … has suffered a major setback,” Mr. Putin said.

Mr. Wen’s comments came just days after U.S. Treasury Secretary Timothy Geithner accused China of manipulating its currency for economic gain. The Chinese premier gently, but firmly warned that if Washington and Beijing chose confrontation, both would be losers.

But the different tones of the two speeches, and the fact that Mr. Wen didn’t call for replacing the dollar’s role as the world’s reserve currency but regulating it, reflect crucial differences in the important emerging economies.

A spokeswoman for the U.S. Treasury Department declined to comment on the remarks in the speeches. The White House did not respond to requests for comment.

Many of the attendees at Davos took the remarks from Mr. Putin and Mr. Wen in stride. “The sad thing is is that we might have scoffed at this a while ago. But we really dragged the world down” economically, Alan Blinder, former vice chairman of the U.S. Federal Reserve, said in an interview after the speeches.

The rapid collapse of oil and commodities prices has hit Russia hard on top of the ripples of the financial crisis. The government now forecasts the economy will shrink for the first time in a decade this year, after growing 6% last year.

“In a very real sense Russia has been kicked to the margins, while China has become pivotal to any resolution of the financial crisis,” says Bob Lo, Director of the Russia and China programs at the Center for European Reform in London.

Mr. Putin’s government has spent $200 billion of hard currency reserves to defend the Russian currency, the ruble. It has spent as much again in a bailout package that amounts to 15% of gross domestic product, one of the largest responses to the financial crisis in the world. Unlike China, Russia’s economy is too dependent on commodities exports and too small to play a significant role in any global recovery, says Mr. Lo.

Russia also has negligible trade with the U.S., while Chinese exports are heavily dependent on U.S. consumers and Beijing holds $2 trillion in U.S. debt, prompting a much more cautious approach towards Washington and the dollar in Beijing.

The net effect of falling oil prices and the downturn, however, has been to make Russia more vulnerable and the Kremlin weaker, analysts say. Russian officials have begun to send out more conciliatory signals to the new U.S. administration.

“We wish the new team success,” Mr Putin said Wednesday, calling on it to cooperate.

China, too, is suffering from the downturn. Many independent economists, including economists at the International Monetary Fund, question whether Beijing will be able to meet its 8% growth target this year.

Developed nations are increasingly calling for China to do more to stimulate its own economy. On Wednesday, Mr. Wen gave a detailed account of the four trillion yuan ($585 billion) investment program China announced in November. “As a big responsible country” China was actively boosting domestic, and particularly consumer demand, said Mr. Wen.

The headline sum in the program would likely be equivalent to around 3% of gross domestic product in 2009 and 2010. But even government officials aren’t promising that much of a boost to the economy. Zhang Ping, the head of the National Development and Reform Commission, in November estimated it would add about one percentage point to GDP growth this year and next.

That may have seemed like a lot at the time, but expectations for global and Chinese growth have rapidly deteriorated since then. Mr. Wen said growth slowed to 6.8% in the fourth quarter from the same period a year earlier. That’s a little more than half the 13% gain in 2007, at the height of the boom. Some economists believe China could grow by as little as 5% this year, too little to provide jobs for the graduates flooding into the labor market from Chinese universities and schools each year and a further drag on the global economy.

Less noticed in Mr. Geithner’s repetition of Mr. Obama’s campaign-trail assertion that China “manipulates” its currency last week was his argument that the long U.S.-Chinese dispute over currency didn’t matter as much as getting China to do more to boost its economic growth.

“Given the crisis the immediate focus needs to be on the broader issue of stabilizing domestic demand in China and the U.S.,” Mr. Geithner said in his written response to questions during his Senate confirmation process. “A further slowdown in China would lead to a substantial fall in world growth (and demand for U.S. exports) and delay recovery from the crisis.”

Printed in The Wall Street Journal, page A6

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE WALL STREET JOURNAL’ (USA)

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Posted in BANKING SYSTEM - USA, BANKING SYSTEMS, BARACK HUSSEIN OBAMA -(DEC. 2008/JAN. 2009), CENTRAL BANKS, CHINA, COMMERCE, CURRENCIES, DOLLAR (USA), ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, FOREIGN POLICIES - USA, HOUSING CRISIS - USA, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF PRIVATE COMPANIES, RESTRUCTURING OF THE PUBLIC SECTOR, RUSSIA, THE FLOW OF INVESTMENTS, THE PRESIDENCY - USA, USA | Leave a Comment »

PETROBRAS QUER CONSTRUIR USINA DE ÁLCOOL NA COLÔMBIA (Brazil)

Posted by Gilmour Poincaree on January 27, 2009

26/01/2009 17:37

FolhaNews

PUBLISHED BY ‘CORREIO BRAZILIENSE’

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PUBLISHED BY ‘CORREIO BRAZILIENSE’

Posted in BANKING SYSTEMS, BRASIL, COLOMBIA, COMMERCE, COMMODITIES MARKET, ECONOMIA - BRASIL, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY INDUSTRIES, ETANOL, ETHANOL, EXPANSÃO ECONÔMICA, EXPANSÃO INDUSTRIAL, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SERVICES INDUSTRIES, FLUXO DE CAPITAIS, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, POLÍTICA EXTERNA - BRASIL, RECESSION, REFINERIES - PETROL/BIOFUELS, REGULATIONS AND BUSINESS TRANSPARENCY, RELAÇÕES DIPLOMÁTICAS - BRASIL, RELAÇÕES INTERNACIONAIS - BRASIL, THE FLOW OF INVESTMENTS | Leave a Comment »

U.S. BUSINESS CLIMATE WORST IN 27 YRS

Posted by Gilmour Poincaree on January 26, 2009

13:17:00 01/26/2009

by Lucia Mutikani – Reuters

PUBLISHED BY ‘THE PHILIPPINE DAILY INQUIRER’

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PUBLISHED BY ‘THE PHILIPPINE DAILY INQUIRER’

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, CENTRAL BANKS, COMMERCE, COMMODITIES MARKET, CRIMINAL ACTIVITIES, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SCAMS, FOREIGN POLICIES - USA, FRAUD, HEALTH CARE - USA, HOUSING CRISIS - USA, HUMAN RIGHTS, INDUSTRIAL PRODUCTION - USA, INDUSTRIES - USA, INTERNATIONAL RELATIONS, MACROECONOMY, NATIONAL DEBT - USA, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF PRIVATE COMPANIES, RESTRUCTURING OF THE PUBLIC SECTOR, STATE TERRORISM, STOCK MARKETS, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE OCCUPATION WAR IN IRAQ, TRADE DEFICIT - USA, UNEMPLOYMENT, USA, WAR CRIMES, WAR IN AFGHANISTAN, WARS AND ARMED CONFLICTS | Leave a Comment »

ANALYSIS: HARD TIMES HELP GEITHNER’S TREASURY BID

Posted by Gilmour Poincaree on January 25, 2009

Sunday January 25, 2009

Associated Press

PUBLISHED BY ‘THE STAR’ (Malaysia)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE STAR’ (Malaysia)

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, BARACK HUSSEIN OBAMA -(DEC. 2008/JAN. 2009), ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, FOREIGN POLICIES - USA, HOUSING CRISIS - USA, INDUSTRIAL PRODUCTION - USA, INDUSTRIES - USA, INTERNATIONAL RELATIONS, MACROECONOMY, NATIONAL DEBT - USA, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF PRIVATE COMPANIES, RESTRUCTURING OF THE PUBLIC SECTOR, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE OCCUPATION WAR IN IRAQ, THE PRESIDENCY - USA, THE WORK MARKET, TRADE DEFICIT - USA, USA, WAR IN AFGHANISTAN, WARS AND ARMED CONFLICTS | Leave a Comment »

COLOMBIA, VENEZUELA FORM $200M FUND TO BOOST TRADE

Posted by Gilmour Poincaree on January 25, 2009

Sunday January 25, 2009

Associated Press

PUBLISHED BY ‘THE STAR’ (Malaysia)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE STAR’ (Malaysia)

Posted in BANKING SYSTEMS, CENTRAL BANKS, COLOMBIA, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, MACROECONOMY, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF PRIVATE COMPANIES, RESTRUCTURING OF THE PUBLIC SECTOR, THE FLOW OF INVESTMENTS, VENEZUELA | Leave a Comment »

SWEDISH AIRLINE NORDIC AIRWAYS LOSES LICENCE

Posted by Gilmour Poincaree on January 25, 2009

Sunday January 25, 2009

Associated Press

PUBLISHED BY ‘THE STAR’ (Malaysia)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE STAR’ (Malaysia)

Posted in AIR TRANSPORT INDUSTRY, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, IRAQ, JUDICIARY SYSTEMS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF PRIVATE COMPANIES, SWEDEN | Leave a Comment »

NEW WORLD TO EXPAND IN JAPAN AND EUROPE (China)

Posted by Gilmour Poincaree on January 23, 2009

Friday, January 23, 2009

by Katherine Ng

PUBLISHED BY ‘THE STANDARD’ (China – Hong Kong)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE STANDARD’ (China – Hong Kong)

Posted in BANKING SYSTEMS, CHINA, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SERVICES INDUSTRIES, FOREIGN POLICIES, INTERNATIONAL, INTERNATIONAL RELATIONS, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF PRIVATE COMPANIES, THE FLOW OF INVESTMENTS | Leave a Comment »

TWO GET DEATH, 10 JAILED OVER TAINTED MILK (China)

Posted by Gilmour Poincaree on January 23, 2009

Thursday, January 22, 2009 – 17:25

Agence France-Presse

PUBLISHED BY ‘THE STANDARD’ (China – Hong Kong)

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PUBLISHED BY ‘THE STANDARD’ (China – Hong Kong)

Posted in CHINA, COMMERCE, COMMODITIES MARKET, CRIMINAL ACTIVITIES, DAIRY PRODUCTS, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FOOD PRODUCTION (human), FOREIGN POLICIES, FRAUD, HEALTH SAFETY, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, JUDICIARY SYSTEMS, MILK, POWDERED MILK, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF PRIVATE COMPANIES | Leave a Comment »

OBAMA FIRMA LA ORDEN DE CLAUSURA DE GUANTÁNAMO (USA)

Posted by Gilmour Poincaree on January 22, 2009

22.01.09 – 21:50

Diario Vasco – AGENCIAS – WASHINGTON

PUBLISHED BY ‘DIARIO VASCO’ (Basque Country)

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PUBLISHED BY ‘DIARIO VASCO’ (Basque Country)

Posted in AL QAEDA, BARACK HUSSEIN OBAMA -(DEC. 2008/JAN. 2009), ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES - USA, HOUSING CRISIS - USA, HUMAN RIGHTS, INTERNATIONAL RELATIONS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, RESTRUCTURING OF THE PUBLIC SECTOR, THE FLOW OF INVESTMENTS, THE OCCUPATION WAR IN IRAQ, THE PRESIDENCY - USA, USA, WAR IN AFGHANISTAN, WARS AND ARMED CONFLICTS | Leave a Comment »

NEVES WRAPS UP VISIT TO CUBA WITH MEETING WITH RAUL CASTRO (Cape Verde and Cuba)

Posted by Gilmour Poincaree on January 22, 2009

20-01-09

A Semana

PUBLISHED BY ‘A SEMANA’ (Cape Verde)

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PUBLISHED BY ‘A SEMANA’ (Cape Verde)

Posted in AGRICULTURE, BIODIESEL, BIOFUELS, CAPE VERDE, COMMERCE, COMMODITIES MARKET, CUBA, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REFINERIES - PETROL/BIOFUELS, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF THE PUBLIC SECTOR, THE FLOW OF INVESTMENTS, VEGETABLE OILS | Leave a Comment »

CANADA, INDIA PLAN TRADE AGREEMENT

Posted by Gilmour Poincaree on January 22, 2009

January 20, 2009 at 7:22 AM EST

by Rajesh Kumar Singh and Rajkumar Ray – Reuters

PUBLISHED BY ‘THE GLOBE&MAIL’ (Canada)

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PUBLISHED BY ‘THE GLOBE&MAIL’ (Canada)

Posted in CANADA, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, INDIA, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, RECESSION, THE FLOW OF INVESTMENTS | Leave a Comment »

DOCTORS AMONG US-BACKED COUP PLOTTERS: IRAN

Posted by Gilmour Poincaree on January 21, 2009

January 20, 2009 Tuesday – Muharram 22, 1430

Agence France-Presse

PUBLISHED BY ‘DAWN’ (Pakistan)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘DAWN’ (Pakistan)

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, FOREIGN POLICIES - USA, HOUSING CRISIS - USA, INDUSTRIAL PRODUCTION - USA, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, IRAN, RECESSION, STATE TERRORISM, THE ARMS INDUSTRY, THE MEDIA (US AND FOREIGN), THE UNITED NATIONS, USA | Leave a Comment »

GAZA AFTERMATH MAY IMPACT ISRAEL OIL PIPE DEVELOPMENT

Posted by Gilmour Poincaree on January 21, 2009

Tuesday, January 20, 2009

by Benoit Faucon – Dow Jones Newswires

PUBLISHED BY ‘RIGZONE’

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PUBLISHED BY ‘RIGZONE’

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, COMMERCE, COMMODITIES MARKET, CRIMINAL ACTIVITIES, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, FOREIGN POLICIES - USA, HATE MONGERING AND BIGOTRY, HOUSING CRISIS - USA, HUMAN RIGHTS, INDUSTRIAL PRODUCTION - USA, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, ISRAEL, MILITARY CONTRACTS, PALESTINE, PETROL, RECESSION, REFINERIES - PETROL/BIOFUELS, STATE TERRORISM, THE ARMS INDUSTRY, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE UNITED NATIONS, USA, WAR CRIMES, WARS AND ARMED CONFLICTS, WEAPONS | Leave a Comment »

THE NUMBERS ARE HORRIFYING (USA)

Posted by Gilmour Poincaree on January 20, 2009

Jan. 26, 2009

Mohamed A. El-Erian

PUBLISHED BY ‘NEWSWEEK’ – print edition -(USA)

NEWSWEEK – Jan. 26, 2009

GLOBAL INVESTOR

By Mohamed A. El-Erian

THE NUMBERS ARE HORRIFYING

On Tuesday, President-elect Barack Obama inherits an economic calamity, and the situation will get worse in the first few months of his presidency regardless of what he does. How quickly it improves thereafter is not just a matter of which policies he decides to pursue; importantly, it is also a function of how he pursues them. Investors need to pay close attention lest they experience yet another challenging and, in some cases, devastating year.

No one should doubt that we are still in the midst of a historic economic crisis. Having incurred massive losses, individuals and companies around the world are, not surprisingly, saving more—some by choice as they attempt to restore balance to their finances and others by necessity as their credit lines are cut by beleaguered lenders. As detailed elsewhere in this edition of NEWSWEEK, the world has entered an Age of Thrift. Less spending by individuals will mean even lower demand, and the production of goods and services will be cut, again.

The latest economic data vividly illustrate the self-fulfilling nature of this global phenomenon. The numbers are horrifying, and increasingly so. There’s been a violent collapse in industrial production in Europe; the latest monthly data now show annual contractions of 17 percent in Spain, 13 percent in the U.K., 9 percent in France and Italy, and 6 percent in Germany. Emerging economies are now on the same course, with contractions of 9 percent in Russia and 4 percent in Brazil.

At the same time, the labor market is deteriorating dramatically in both Europe and America. The United States has now registered 12 consecutive months of job losses, including more than half a million in December, bringing the 2008 total to 2.6 million—a level not seen for more than 60 years. The crisis continues to catch people by surprise, suggesting that too few people sufficiently understand its dynamics. The U.S. Commerce Department reports that December retail sales declined at more than twice the rate expected by most forecasters, and further extended the record for consecutive monthly declines, now six .and counting. President elect Obama faces the prospect of more corporate defaults, pension losses and personal bankruptcies in the coming months. Fortunately, he has already shown that he has a good understanding of the need for an aggressive fiscal stimulus, and Congress seems to be onboard.

Without massive public stimulus, there is little chance of countering the highly disruptive consequences of a too sudden and too prolonged ascent of the Age of Thrift.

Yet there is a risk that this consensus could break down in quibbling over the details. Specifically, we should stop the bickering over whether to cut taxes or raise spending. Both are required. The tax cuts should work mainly through employment channels, including a cut in the payroll tax as this will directly help employment and limit the fall in consumption. Government spending should focus on sectors that will quickly raise resource productivity, like infrastructure, which helps lower production costs, and social services, which raise human productivity overtime.

Obama also needs to step up efforts to alleviate the credit crunch. This is not about an immediate recovery in the banking system. It won’t happen. The sector is too damaged to act as a conduit of funds to the general economy. Instead, the government must come up with more imaginative ways to provide direct financing, particularly for mortgages and some areas of consumer finance.

Obama’s economic appointments suggest that he understands how important it will be to get the design and implementation of these policies right. The highly capable Larry Summers and Tim Geithner should focus on coming up with a master plan to lead the country out of the crisis. This will ensure that the immediate measures implemented are consistent over time with a resumption of economic growth and rising productivity.

Managing expectations is also more important than ever. In his remarks on the financial crisis in November and December, Obama came across as informed, committed and careful not to over-promise. Yet his efforts have been largely negated by recent talk out of Washington of regulatory clampdowns, potential abrogation of property rights and other non-market solutions. The president-elect will have to step up quickly to the challenge of consistently better communication if he is to instill the confidence that is critical for a meaningful economic turn later this year.

Finally, Obama should signal clearly that he knows a global dislocation requires a global response. What was a U.S. financial crisis has morphed into a challenge to the international market system. An effective solution will not materialize unless the United States takes a policy leadership role on the global stage. It’s a role no other country can credibly play. With Obama as president, the world is exceptionally welcoming to U.S. leadership. He must seize this opportunity for the economic good of America, and the world.

ELERIAN is CEO and co-CIO of PIMCO and author of “When Markets Collide: Investment Strategies for the Age of Global Economic Change,” winner of the 2008 FT/Goldman Sachs business book of the year award.

PUBLISHED BY ‘NEWSWEEK’ – print edition -(USA)

Posted in AGRICULTURE, BANKING SYSTEM - USA, BANKRUPTCIES - USA, BARACK HUSSEIN OBAMA -(DEC. 2008/JAN. 2009), CENTRAL BANKS, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FARMING SUBSIDIES, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES - USA, HEALTH CARE - USA, HOUSING CRISIS - USA, HUMAN RIGHTS, INDUSTRIAL PRODUCTION - USA, INDUSTRIES - USA, INTERNATIONAL RELATIONS, MACROECONOMY, NATIONAL DEBT - USA, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF PRIVATE COMPANIES, RESTRUCTURING OF THE PUBLIC SECTOR, STATE TARIFFS, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE OCCUPATION WAR IN IRAQ, THE PRESIDENCY - USA, TRADE DEFICIT - USA, UNEMPLOYMENT, USA, WAR IN AFGHANISTAN, WARS AND ARMED CONFLICTS | Leave a Comment »

RUSSIAN GAS TO REACH EUROPE IN 36 HOURS AT MOST: UKRAINE

Posted by Gilmour Poincaree on January 20, 2009

20 Jan 2009, 1602 hrs IST

Agence France-Presse

PUBLISHED BY ‘THE TIMES OF INDIA’

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE TIMES OF INDIA’

Posted in COMMERCE, COMMODITIES MARKET, CORRUPTION, CRIMINAL ACTIVITIES, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, NATURAL GAS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RUSSIA, THE FLOW OF INVESTMENTS, UKRAINE | Leave a Comment »

WEATHERING GLOBAL UPHEAVAL – PAMUK: ISLAM NOT IRRECONCILABLE WITH WEST

Posted by Gilmour Poincaree on January 20, 2009

Jan. 17, 2009

The Yomiuri Shimbun

PUBLISHED BY ‘THE YOMIURI SHIMBUN’ (Japan)

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PUBLISHED BY ‘THE YOMIURI SHIMBUN’ (Japan)

Posted in BANKING SYSTEMS, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SERVICES INDUSTRIES, FOREIGN POLICIES, INTERNATIONAL, INTERNATIONAL RELATIONS, ISLAM, ISLAMIC BANKS, RECESSION, THE FLOW OF INVESTMENTS | Leave a Comment »

FIAT, CHRYSLER IN PARTNERSHIP TALKS: REPORT (Italy – USA)

Posted by Gilmour Poincaree on January 19, 2009

20 Jan 2009, 0441 hrs IST

REUTERS

PUBLISHED BY ‘THE TIMES OF INDIA’

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PUBLISHED BY ‘THE TIMES OF INDIA’

Posted in AUTOMOTIVE INDUSTRY, BANKING SYSTEM - USA, BANKING SYSTEMS, BANKRUPTCIES - USA, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SERVICES INDUSTRIES, FOREIGN POLICIES, FOREIGN POLICIES - USA, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, ITALY, RECESSION, RESTRUCTURING OF PRIVATE COMPANIES, STOCK MARKETS, THE FLOW OF INVESTMENTS, USA | Leave a Comment »

ISRAEL’S FRIENDS CANNOT JUSTIFY THIS SLAUGHTER

Posted by Gilmour Poincaree on January 19, 2009

Monday, 19 January 2009

by Yasmin Alibhai-Brown

PUBLISHED BY ‘THE INDEPENDENT’ (UK)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE INDEPENDENT’ (UK)

Posted in BANKING SYSTEM - USA, COMMERCE, COMMODITIES MARKET, CRIMINAL ACTIVITIES, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, FOREIGN POLICIES - USA, HATE MONGERING AND BIGOTRY, HISTORY, HUMAN RIGHTS, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, ISRAEL, MILITARY CONTRACTS, PALESTINE, RECESSION, STATE TERRORISM, THE ARMS INDUSTRY, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE MEDIA (US AND FOREIGN), THE UNITED NATIONS, USA, WAR CRIMES, WARS AND ARMED CONFLICTS, WEAPONS | Leave a Comment »

TATA INCREASES SHAREHOLDING IN NEOTEL (South Africa)

Posted by Gilmour Poincaree on January 19, 2009

19 January 2009

Sapa

PUBLISHED BY ‘BUSINESS DAY’ (South Africa)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘BUSINESS DAY’ (South Africa)

Posted in BANKING SYSTEMS, COMMERCE, COMMODITIES MARKET, COMMUNICATION INDUSTRIES, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SERVICES INDUSTRIES, FOREIGN POLICIES, INDIA, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF THE PUBLIC SECTOR, SOUTH AFRICA, STOCK MARKETS, THE FLOW OF INVESTMENTS | Leave a Comment »

MOMENTUM AND CONFIDENCE IS CRITICAL

Posted by Gilmour Poincaree on January 19, 2009

4:00AM Monday Jan 19, 2009

by Mike Moore

PUBLISHED BY ‘THE NEW ZEALAND HERALD’

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE NEW ZEALAND HERALD’

Posted in 'DOHA TALKS', AGRICULTURE, BANKING SYSTEMS, CHINA, COMMERCE, COMMERCIAL PROTECTIONISM, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FARMING SUBSIDIES, FINANCIAL CRISIS 2008/2009, FOOD PRODUCTION (human), FOREIGN POLICIES, G20, GERMANY, INTERNATIONAL, INTERNATIONAL RELATIONS, JAPAN, NEW ZEALAND, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, THE FLOW OF INVESTMENTS, UNITED KINGDOM, USA, WORLD TRADE ORGANIZATION | Leave a Comment »

AHMADINEJAD CONGRATULATES HAMAS ON ‘VICTORY’ (Iran)

Posted by Gilmour Poincaree on January 19, 2009

1330 PST, Monday, January 19, 2009

The International News

PUBLISHED BY ‘THE INTERNATIONAL NEWS’ (Pakistan)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE AUSTIN AMERICAN-STATESMAN’ (USA)

Posted in BANKING SYSTEM - USA, COMMERCE, COMMODITIES MARKET, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, FOREIGN POLICIES - USA, HATE MONGERING AND BIGOTRY, HUMAN RIGHTS, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, IRAN, ISRAEL, MILITARY CONTRACTS, PALESTINE, RECESSION, STATE TERRORISM, THE ARMS INDUSTRY, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE PRESIDENCY - USA, THE UNITED NATIONS, USA, WAR CRIMES, WARS AND ARMED CONFLICTS, WEAPONS | Leave a Comment »

ISSUES CANNOT BE RESOLVED IMMEDIATELY: OBAMA (USA)

Posted by Gilmour Poincaree on January 19, 2009

0600 PST, Monday, January 19, 2009

The International News

PUBLISHED BY ‘THE INTERNATIONAL NEWS’ (Pakistan)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE INTERNATIONAL NEWS’ (Pakistan)

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, BARACK HUSSEIN OBAMA -(DEC. 2008/JAN. 2009), CENTRAL BANKS, COMMERCE, COMMODITIES MARKET, CRIMINAL FOREIGN POLICIES, DOLLAR (USA), ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, ENVIRONMENT, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SCAMS, FOREIGN POLICIES - USA, FRAUD, HATE MONGERING AND BIGOTRY, HEALTH CARE - USA, HOUSING CRISIS - USA, HUMAN RIGHTS, INDUSTRIAL PRODUCTION - USA, INDUSTRIES - USA, INTERNATIONAL RELATIONS, MACROECONOMY, NATIONAL DEBT - USA, PENSION FUNDS, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF THE PUBLIC SECTOR, STATE TERRORISM, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE OCCUPATION WAR IN IRAQ, THE PRESIDENCY - USA, THE WORK MARKET, THE WORKERS, TRADE DEFICIT - USA, UNEMPLOYMENT, USA, WAR CRIMES, WAR IN AFGHANISTAN, WARS AND ARMED CONFLICTS | Leave a Comment »

SOUTH KOREA, E.U. LAUNCH HIGH-LEVEL TRADE TALKS

Posted by Gilmour Poincaree on January 19, 2009

1130 PST, Monday, January 19, 2009

The International News

PUBLISHED BY ‘THE INTERNATIONAL NEWS’ (Pakistan)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE INTERNATIONAL NEWS’ (Pakistan)

Posted in BANKING SYSTEMS, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, MACROECONOMY, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, SOUTH KOREA, THE EUROPEAN UNION, THE FLOW OF INVESTMENTS | Leave a Comment »

AUSTRALIAN JAILED FOR THREE YEARS FOR INSULTING THAI KING (Thailand)

Posted by Gilmour Poincaree on January 19, 2009

1230 PST, Monday, January 19, 2009

The International News

PUBLISHED BY ‘THE INTERNATIONAL NEWS’ (Pakistan)

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PUBLISHED BY ‘THE INTERNATIONAL NEWS’ (Pakistan)

Posted in AUSTRALIA, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, FREEDOM OF SPEECH AND CONSCIENCE, HUMAN RIGHTS, INTERNATIONAL, INTERNATIONAL RELATIONS, JUDICIARY SYSTEMS, RECESSION, THAILAND | Leave a Comment »

OBAMA SUCKED INTO MIDEAST CAULDRON FROM DAY ONE

Posted by Gilmour Poincaree on January 19, 2009

1340 PST, Monday, January 19, 2009

The International News

PUBLISHED BY ‘THE INTERNATIONAL NEWS’ (Pakistan)

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PUBLISHED BY ‘THE INTERNATIONAL NEWS’ (Pakistan)

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, BARACK HUSSEIN OBAMA -(DEC. 2008/JAN. 2009), COMMERCE, COMMODITIES MARKET, CRIMINAL ACTIVITIES, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, FOREIGN POLICIES - USA, HATE MONGERING AND BIGOTRY, HUMAN RIGHTS, INDUSTRIAL PRODUCTION - USA, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, ISRAEL, MILITARY CONTRACTS, PALESTINE, RECESSION, STATE TERRORISM, THE ARMS INDUSTRY, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE PRESIDENCY - USA, THE UNITED NATIONS, USA, WAR CRIMES, WARS AND ARMED CONFLICTS, WEAPONS | Leave a Comment »

THE TRUTH ABOUT ‘BRITISH’ PORK … THAT COMES ALL THE WAY FROM A POLISH FACTORY FARM (UK)

Posted by Gilmour Poincaree on January 19, 2009

12:29 PM on 17th January 2009

by Danny Penman

PUBLISHED BY ‘THE DAILY MAIL’ (UK)

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PUBLISHED BY ‘THE DAILY MAIL’ (UK)

Posted in COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FOOD PRODUCTION (human), FOREIGN POLICIES, HEALTH SAFETY, INDUSTRIAL PRODUCTION, INTERNATIONAL, INTERNATIONAL RELATIONS, PORK, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, THE FLOW OF INVESTMENTS, UNITED KINGDOM, WORLD TRADE ORGANIZATION | Leave a Comment »

U.N. ASKS NATIONS TO ADOPT NEW FOOD SECURITY PLAN

Posted by Gilmour Poincaree on January 19, 2009

January 18, 2009 Sunday – Muharram 20, 1430

Dawn

PUBLISHED BY ‘DAWN’ (Pakistan)

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PUBLISHED BY ‘DAWN’ (Pakistan)

Posted in AGRICULTURE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INTERNATIONAL, INTERNATIONAL RELATIONS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, THE FLOW OF INVESTMENTS, THE UNITED NATIONS | Leave a Comment »

GAZPROM, ENI WILL BE PART OF NATURAL GAS CONSORTIUM – DISPUTE WITH UKRAINE THAT CUT OFF GAS TO EUROPE HAS COST GAZPROM $1.1 BILLION

Posted by Gilmour Poincaree on January 18, 2009

3:33 p.m. EST Jan. 16, 2009

by Polya Lesova – MarketWatch

PUBLISHED BY ‘MARKET WATCH – The Wall Street Journal Digital Network’ (USA)

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PUBLISHED BY ‘MARKET WATCH – The Wall Street Journal Digital Network’ (USA)

Posted in BANKING SYSTEMS, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SERVICES INDUSTRIES, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, ITALY, NATURAL GAS, RECESSION, RESTRUCTURING OF PRIVATE COMPANIES, RUSSIA, STOCK MARKETS, THE FLOW OF INVESTMENTS | Leave a Comment »

EU WARNING AS JAPAN CARMAKERS CUT OUTPUT

Posted by Gilmour Poincaree on January 18, 2009

Vol XXXI – N°303 – Saturday – 17th January 2009

Gulf Daily News

PUBLISHED BY ‘GULF DAILY NEWS’ (Bahrain)

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PUBLISHED BY ‘GULF DAILY NEWS’ (Bahrain)

Posted in AUTOMOTIVE INDUSTRY, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, JAPAN, NATIONAL WORK FORCES, RECESSION, RESTRUCTURING OF PRIVATE COMPANIES, THE EUROPEAN UNION, THE FLOW OF INVESTMENTS, THE WORKERS, UNEMPLOYMENT | Leave a Comment »

FRESH EVIDENCE OF ISRAELI PHOSPHORUS USE IN GAZA EMERGES

Posted by Gilmour Poincaree on January 17, 2009

Saturday 17 January 2009 00.18 GMT

by Richard Norton-Taylor

PUBLISHED BY ‘THE GUARDIAN’ (UK)

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PUBLISHED BY ‘THE GUARDIAN’ (UK)

Posted in BANKING SYSTEM - USA, CHEMICALS (processed components), COMMERCE, COMMODITIES MARKET, CRIMINAL ACTIVITIES, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, FOREIGN POLICIES - USA, HATE MONGERING AND BIGOTRY, HOUSING CRISIS - USA, HUMAN RIGHTS, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, ISRAEL, MILITARY CONTRACTS, PALESTINE, RECESSION, STATE TERRORISM, THE ARMS INDUSTRY, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE LAST DAYS OF GEORGE WALKER BUSH - 2008/Jan. 2009, THE UNITED NATIONS, USA, WAR CRIMES, WARS AND ARMED CONFLICTS, WEAPONS | Leave a Comment »

CPC CORP, TAIWAN ACQUIRES RIGHTS TO SEARCH FOR OIL, GAS IN WATERS OFF BELIZE

Posted by Gilmour Poincaree on January 16, 2009

Friday, Jan 16, 2009

BLOOMBERG

PUBLISHED BY ‘THE TAIPEI TIMES’ (Formosa – Taiwan)

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PUBLISHED BY ‘THE TAIPEI TIMES’ (Formosa – Taiwan)

Posted in CENTRAL AMERICA, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, FORMOSA - TAIWAN, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, PETROL, RECESSION, REFINERIES - PETROL/BIOFUELS, THE FLOW OF INVESTMENTS | Leave a Comment »

RICE WITH ABDULLAH BIN ZAYED AL-NAYHAN – US SIGNS CIVIL NUCLEAR DEAL WITH UAE – US SECRETARY OF STATE, UAE COUNTERPART SIGN DOCUMENT LAYING ‘LEGAL FRAMEWORK’ FOR CIVIL NUCLEAR COOPERATION

Posted by Gilmour Poincaree on January 16, 2009

2009-01-16

Middle East Online

PUBLISHED BY ‘THE MIDDLE EAST ONLINE’

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PUBLISHED BY ‘THE MIDDLE EAST ONLINE’

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, ENERGY INDUSTRIES, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SERVICES INDUSTRIES, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, NUCLEAR ENERGY, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, THE FLOW OF INVESTMENTS, THE LAST DAYS OF GEORGE WALKER BUSH - 2008/Jan. 2009, UNITED ARAB EMIRATES, USA | Leave a Comment »

TURKISH GOVT PROPOSES FRESH STIMULUS FOR ECONOMY

Posted by Gilmour Poincaree on January 16, 2009

Thursday January 15 2009

Reuters

PUBLISHED BY ‘THE GUARDIAN’ (UK)

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PUBLISHED BY ‘THE GUARDIAN’ (UK)

Posted in BANKING SYSTEMS, CENTRAL BANKS, COMMERCE, COMMODITIES MARKET, CURRENCIES, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, MACROECONOMY, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF PRIVATE COMPANIES, RESTRUCTURING OF THE PUBLIC SECTOR, STATE TARIFFS, THE FLOW OF INVESTMENTS, TURKEY | Leave a Comment »

ISRAEL ACCUSED OF WAR CRIMES

Posted by Gilmour Poincaree on January 15, 2009

Thursday, 15 January 2009

by Donald Macintyre and Kim Sengupta in Jerusalem

PUBLISHED BY ‘THE BELFAST TELEGRAPH’ (UK)

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PUBLISHED BY ‘THE BELFAST TELEGRAPH’ (UK)

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, COMMERCE, COMMODITIES MARKET, CRIMINAL ACTIVITIES, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, FOREIGN POLICIES - USA, HATE MONGERING AND BIGOTRY, HUMAN RIGHTS, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, ISRAEL, MILITARY CONTRACTS, PALESTINE, RECESSION, STATE TERRORISM, THE ARMS INDUSTRY, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE LAST DAYS OF GEORGE WALKER BUSH - 2008/Jan. 2009, USA, WAR CRIMES, WARS AND ARMED CONFLICTS, WEAPONS | Leave a Comment »

U.N. HQ AND REFUGEE COMPOUND HIT BY ISRAELIS (Palestine – Gaza)

Posted by Gilmour Poincaree on January 15, 2009

Thursday, 15 January 2009

The Belfast Telegraph

PUBLISHED BY ‘THE BELFAST TELEGRAPH’ (UK)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE BELFAST TELEGRAPH’ (UK)

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, COMMERCE, COMMODITIES MARKET, CRIMINAL ACTIVITIES, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, HATE MONGERING AND BIGOTRY, HOUSING CRISIS - USA, HUMAN RIGHTS, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, ISRAEL, MILITARY CONTRACTS, PALESTINE, RECESSION, STATE TERRORISM, THE ARMS INDUSTRY, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE LAST DAYS OF GEORGE WALKER BUSH - 2008/Jan. 2009, THE UNITED NATIONS, USA, WAR CRIMES, WARS AND ARMED CONFLICTS, WEAPONS | Leave a Comment »

CHINA: WORLD’S THIRD-LARGEST ECONOMY – BEIJING CLAIMS N°. 3 SPOT FROM GERMANY AFTER REVISING 2007 GROSS DOMESTIC PRODUCT GROWTH TO 13%

Posted by Gilmour Poincaree on January 15, 2009

January 14, 2009: 4:53 AM ET

CNN

PUBLISHED BY ‘CNN’ (USA)

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PUBLISHED BY ‘CNN’ (USA)

Posted in CHINA, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, MACROECONOMY, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF THE PUBLIC SECTOR, STOCK MARKETS, THE FLOW OF INVESTMENTS, YUAM RENMIMBI (China) | 1 Comment »

CHINA’S 2008 FOREIGN INVESTMENT UP 23.6 PERCENT

Posted by Gilmour Poincaree on January 15, 2009

Thursday, 01.15.09

The Associated Press

PUBLISHED BY ‘THE MIAMI HERALD’ (USA)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE MIAMI HERALD’ (USA)

Posted in BANKING SYSTEMS, CHINA, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, STOCK MARKETS, THE FLOW OF INVESTMENTS | Leave a Comment »

MILIBAND REGRETS ‘WAR ON TERROR’ – THE IDEA OF A “WAR ON TERROR” IS A “MISTAKE”, PUTTING TOO MUCH EMPHASIS ON MILITARY FORCE, FOREIGN SECRETARY DAVID MILIBAND HAS SAID (UK)

Posted by Gilmour Poincaree on January 15, 2009

04:52 GMT, Thursday, 15 January 2009

BBC NEWS

PUBLISHED BY ‘BBC NEWS’ (UK)

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PUBLISHED BY ‘BBC NEWS’ (UK)

Posted in AL QAEDA, BANKING SYSTEM - USA, BANKRUPTCIES - USA, COMMERCE, COMMODITIES MARKET, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FOREIGN POLICIES, FOREIGN POLICIES - USA, HUMAN RIGHTS, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL RELATIONS, MILITARY CONTRACTS, RECESSION, THE ARMS INDUSTRY, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE LAST DAYS OF GEORGE WALKER BUSH - 2008/Jan. 2009, THE OCCUPATION WAR IN IRAQ, UNITED KINGDOM, USA, WAR CRIMES, WAR IN AFGHANISTAN, WARS AND ARMED CONFLICTS, WEAPONS | Leave a Comment »

TELECOM FIRM SET TO INVEST $1BN IN IRAN – EMIRATES TELECOMMUNICATIONS CORPORATION (ETISALAT) YESTERDAY SAID A CONSORTIUM IT HEADS WILL INVEST AT LEAST $1 BILLION IN A MOBILE PHONE NETWORK IN IRAN

Posted by Gilmour Poincaree on January 14, 2009

Vol XXXI – N° 300 – Wednesday 14th JANUARY 2009

Gulf Daily News

PUBLISHED BY ‘THE GULF DAILY NEWS’ (Dubai)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE GULF DAILY NEWS’ (Dubai)

Posted in COMMERCE, COMMODITIES MARKET, COMMUNICATION INDUSTRIES, DIGITAL INDUSTRIES, DUBAI, ECONOMIC CONJUNCTURE, ECONOMY, ELECTRIC / ELECTRONIC INDUSTRIES, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SERVICES INDUSTRIES, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, IRAN, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF THE PUBLIC SECTOR, THE FLOW OF INVESTMENTS | Leave a Comment »

BRUXELAS AMEAÇA KIEV E MOSCOU COM AÇÕES JUDICIAIS PELA CRISE DO GÁS (Belgium/Russia)

Posted by Gilmour Poincaree on January 14, 2009

14/01/2009 07:48

France Press

PUBLISHED BY ‘CORREIO BRAZILIENSE’

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PUBLISHED BY ‘CORREIO BRAZILIENSE’

Posted in BELGIUM, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, JUDICIARY SYSTEMS, NATURAL GAS, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RUSSIA, THE FLOW OF INVESTMENTS | Leave a Comment »

EUA vão tirar base militar do Equador antes de novembro – Afirmação é da embaixadora americana em Quito, Heather Hodges

Posted by Gilmour Poincaree on January 14, 2009

14/01/2009 – 07h18min

EFE

PUBLISHED BY ‘A NOTÍCIA’ (Brazil)

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PUBLISHED BY ‘A NOTÍCIA’ (Brazil)

Posted in COMMERCE, COMMODITIES MARKET, DEFENCE TREATIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, ECUADOR, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, FOREIGN POLICIES - USA, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, MILITARY CONTRACTS, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF THE PUBLIC SECTOR, THE ARMS INDUSTRY, THE FLOW OF INVESTMENTS, THE LAST DAYS OF GEORGE WALKER BUSH - 2008/Jan. 2009, USA, WEAPONS | Leave a Comment »

ECONOMISTA PREGA PROTECIONISMO PARA DESENVOLVIMENTO DE PAÍSES POBRES

Posted by Gilmour Poincaree on January 14, 2009

12 de Janeiro de 2009 – 23h53

Vinicius Konchinski – Repórter da Agência Brasil

PUBLISHED BY ‘AGÊNCIA BRASIL’

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PUBLISHED BY ‘AGÊNCIA BRASIL’

Posted in AFRICA, ASIA, BALANÇA COMERCIAL, BRASIL, CENTRAL AMERICA, COMÉRCIO - BRASIL, COMMERCE, COMMERCIAL PROTECTIONISM, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, EXPANSÃO ECONÔMICA, FINANCIAL CRISIS 2008/2009, FLUXO DE CAPITAIS, FOREIGN POLICIES, INDÚSTRIAS, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, LATIN AMERICA, MACROECONOMY, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, SOUTH AMERICA, STATE TARIFFS, THE FLOW OF INVESTMENTS | Leave a Comment »

PUTIN: UKRAINE HAS A FETISH ABOUT ITS GAS TRANSMISSION SYSTEM (Russia)

Posted by Gilmour Poincaree on January 13, 2009

January 12, 2009 – 11:34 PM

Source: agencies

PUBLISHED BY ‘THE PRAVDA’ (Russia)

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PUBLISHED BY ‘THE PRAVDA’ (Russia)

Posted in COMMERCE, COMMODITIES MARKET, CORRUPTION, CRIMINAL ACTIVITIES, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, NATURAL GAS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RUSSIA, SMUGGLING, UKRAINE | 1 Comment »

DEAR MR. MEDVEDEV

Posted by Gilmour Poincaree on January 13, 2009

01/12/09

by Fred Hubner

PUBLISHED BY ‘FROM SCRATCH NEWSWIRE’ (USA)

Dear Mr. Medvedev


I hope you’re in good health, and my feelings are extensive to your entire family ME, THE GAS THIEF, including your pets, in case you do have them.


I know you’re a very reasonable man and, in a general way, extremely engaged in the defense and advancement of your country. I’m sure you must’ve heard of me and my inate penchant for stealing Russian gas. I know that this a very bad habit of mine, but you must understand: that’s how I manage to survive and thrive in this cruel and globalized capitalist economy. I have 6 kids, a wife, an Ukrainian concubine and two very demanding Russian lovers … I love the Russians … I really do … and most specially their natural gas, it smells like heaven in paradise. But I can’t help it … stealing Russian gas is all I’ve managed to learn in my entire life. I should’ve taken my grandma’s advices and embrace car thievery as my profession … but all those wires got me really confused. I tried computer hacking for awhile, but using an ax and a hammer ain’t exactly what’s needed to do it. So that’s it, now you know me. I’m not a bad guy and I’m pretty sure I could tell you some sordid jokes you’ve never heard of. Unfortunately, we don’t chose our destinies … we might be capable of changing it if we need too, but we can’t chose them. Our destinies are part of the original package. Of course I can pretty much figure that, being you a Marxist of some sort, all this talk is utter nonsense. Nevertheless, that’s how I perceive it. So, closing this short missive, I beg you … I implore … please, stop measuring the volume of gas pumped thru Ukraine. That’s pointless, I’m the thief … not them. Yeah, well, yeah I’m surely associated with some creepy Ukrainian public servants … but I’m the one stealing it … the creepy Ukrainians just arrange things a bit … they certainly have nothing to do with my criminal intents.


So, certain of your kind understanding, I bid you goodbye and a good night of sleep.

PUBLISHED BY ‘FROM SCRATCH NEWSWIRE’ (USA)

Posted in COMMERCE, COMMODITIES MARKET, CORRUPTION, CRIMINAL ACTIVITIES, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, NATURAL GAS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF PRIVATE COMPANIES, RUSSIA, THE FLOW OF INVESTMENTS, THE WORK MARKET, UKRAINE, UNEMPLOYMENT, USA HUMOR | Leave a Comment »

IMPORTADORA GARANTE ENTREGAS DE VEÍCULOS DA SsangYong NO BRASIL (South Korea/Brazil)

Posted by Gilmour Poincaree on January 13, 2009

12/01/2009 – 19:18

Valor Online

PUBLISHED BY ‘VALOR ECONÔMICO’ (Brazil)

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PUBLISHED BY ‘VALOR ECONÔMICO’ (Brazil)

Posted in AUTOMOTIVE INDUSTRY, BALANÇA COMERCIAL, BRASIL, COMÉRCIO - BRASIL, COMMERCE, COMMODITIES MARKET, ECONOMIA - BRASIL, ECONOMIC CONJUNCTURE, ECONOMY, EXPANSÃO ECONÔMICA, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FLUXO DE CAPITAIS, FOREIGN POLICIES, INDÚSTRIA AUTOMOTIVA, INDÚSTRIAS, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, O MERCADO IMPORTADOR, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, SOUTH KOREA, THE FLOW OF INVESTMENTS | Leave a Comment »

APREENSÃO DE PRODUTOS ILEGAIS VINDOS DO PARAGUAI BATE RECORDE EM 2008 (Brazil)

Posted by Gilmour Poincaree on January 13, 2009

12/01/2009 – 17:32

Agência Brasil

PUBLISHED BY ‘VALOR ECONÔMICO’ (Brazil)

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PUBLISHED BY ‘VALOR ECONÔMICO’ (Brazil)

Posted in A CORRUPÇÃO NO APARELHO DO ESTADO, AS FORÇAS ARMADAS, ATIVIDADES CRIMINOSAS - BRASIL, BRASIL, CHINA, CIDADANIA, CIDADES, COMÉRCIO - BRASIL, COMBATE À CORRUPÇÃO - BRASIL, COMMERCE, COMMODITIES MARKET, CORRUPÇÃO - BRASIL, CORRUPTION, CRIMINAL ACTIVITIES, DEFESA DO CONSUMIDOR - BRASIL, ECONOMIA - BRASIL, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, MACROECONOMY, PARAGUAY, POLÍCIA FEDERAL, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, SMUGGLING, THE FLOW OF INVESTMENTS | Leave a Comment »

WORLD ECONOMIES

Posted by Gilmour Poincaree on January 12, 2009

January 12, 2009 Monday – Muharram 14, 1430

Dawn

PUBLISHED BY ‘DAWN’ (Pakistan)

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PUBLISHED BY ‘DAWN’ (Pakistan)

Posted in AGRICULTURE, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, MACROECONOMY, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, STATE TARIFFS, THE FLOW OF INVESTMENTS, THE WORK MARKET | Leave a Comment »

IRAQ VICTIMS SUE UK SECURITY FIRM – GUARDS EMPLOYED BY HAMPSHIRE-BASED COMPANY ARE ACCUSED OF OPENING FIRE ON UNARMED CIVILIANS AND DRIVING OFF, LEAVING THEM WITH SEVERE INJURIES

Posted by Gilmour Poincaree on January 12, 2009

Sunday 11 January 2009

by Mark Townsend – The Observer

PUBLISHED BY ‘THE GUARDIAN’ (UK)

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PUBLISHED BY ‘THE GUARDIAN’ (UK)

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, COMMERCE, COMMODITIES MARKET, CRIMINAL ACTIVITIES, CRIMINAL FOREIGN POLICIES, ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, FOREIGN POLICIES - USA, HATE MONGERING AND BIGOTRY, HISTORY, HOUSING CRISIS - USA, HUMAN RIGHTS, INDUSTRIAL PRODUCTION, INDUSTRIAL PRODUCTION - USA, INDUSTRIES, INDUSTRIES - USA, INTERNATIONAL, INTERNATIONAL RELATIONS, IRAQ, JUDICIARY SYSTEMS, MILITARY CONTRACTS, RECESSION, SECURITY AND PRIVATE-EYE INDUSTRIES, THE ARMS INDUSTRY, THE FLOW OF INVESTMENTS, THE LAST DAYS OF GEORGE WALKER BUSH - 2008/Jan. 2009, THE OCCUPATION WAR IN IRAQ, THE UNITED NATIONS, UNITED KINGDOM, USA, WAR CRIMES, WARS AND ARMED CONFLICTS, WEAPONS | Leave a Comment »

UKRAINE ‘AGREES GAS-TRACKING DEAL’

Posted by Gilmour Poincaree on January 12, 2009

Monday, 12 January 2009

Associated Press

PUBLISHED BY ‘THE INDEPENDENT’ (UK)

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PUBLISHED BY ‘THE INDEPENDENT’ (UK

Posted in COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, NATURAL GAS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, RUSSIA, THE EUROPEAN UNION, THE FLOW OF INVESTMENTS, UKRAINE | Leave a Comment »

THE BUSH LEGACY OUT OF AMERICA: AS BARACK OBAMA PREPARES FOR THE WHITE HOUSE, A REVIEW OF HIS PREDECESSOR’S EIGHT YEARS IN POWER SHOWS HE WAS THE LEAST SUCCESSFUL PRESIDENT EVER. HOW DID IT GO SO WRONG?

Posted by Gilmour Poincaree on January 12, 2009

Sunday, 11 January 2009

by Rupert Cornwell

PUBLISHED BY ‘THE INDEPENDENT’ (UK)

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PUBLISHED BY ‘THE INDEPENDENT’ (UK)

Posted in BANKING SYSTEM - USA, BANKRUPTCIES - USA, CRIMINAL ACTIVITIES, DOLLAR (USA), ECONOMIC CONJUNCTURE, ECONOMY, ECONOMY - USA, FINANCIAL CRISIS - USA - 2008/2009, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES - USA, HATE MONGERING AND BIGOTRY, HEALTH CARE - USA, HOUSING CRISIS - USA, INDUSTRIAL PRODUCTION - USA, INDUSTRIES - USA, INTERNATIONAL RELATIONS, JUDICIARY SYSTEMS, NATIONAL DEBT - USA, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF THE PUBLIC SECTOR, STOCK MARKETS, THE FLOW OF INVESTMENTS, THE ISRAELI-PALESTINIAN STRUGGLE, THE LAST DAYS OF GEORGE WALKER BUSH - 2008/Jan. 2009, THE OCCUPATION WAR IN IRAQ, THE WORK MARKET, THE WORKERS, TRADE DEFICIT - USA, UNEMPLOYMENT, USA, WAR IN AFGHANISTAN, WARS AND ARMED CONFLICTS | Leave a Comment »

CANADA FIGHTS FOR SHARE OF CHINESE LUMBER DEMAND – RETURNING TO CHINA’S BUILDING ROOTS

Posted by Gilmour Poincaree on January 11, 2009

Thursday, January 08, 2009

by Nathan VanderKlippe – Financial Post

PUBLISHED BY ‘THE FINANCIAL POST’ (Canada)

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PUBLISHED BY ‘THE FINANCIAL POST’ (Canada)

Posted in CANADA, CHINA, COMMERCE, COMMODITIES MARKET, CONSTRUCTION INDUSTRIES, ECONOMIC CONJUNCTURE, ECONOMY, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SERVICES INDUSTRIES, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, THE FLOW OF INVESTMENTS, TIMBER | Leave a Comment »

ECUADOR SUSPENDS OUTPUT OF FOREIGN OIL FIRMS TO COMPLY WITH OPEC CUTS – THE ECUADORIAN GOVERNMENT HAS DECIDED TO SUSPEND OIL PRODUCTION BY ITALY’S AGIP AND FRANCE’S PERENCO, BOTH OF WHICH OPERATE IN THE AMAZON REGION, TO COMPLY WITH NEW OPEC CUTS

Posted by Gilmour Poincaree on January 11, 2009

Friday, January 09, 2009

EFE News Services

PUBLISHED BY ‘RIGZONE’

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PUBLISHED BY ‘RIGZONE’

Posted in COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ECUADOR, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, OPEC, PETROL, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY | Leave a Comment »

CAN OPEC USE OIL AS A WEAPON? – IN THE MID-70s, SHORTLY BEFORE PHYSICAL ELIMINATION FROM THE SCENE, THE LATE KING FAISAL OF SAUDI ARABIA HAD FOREWARNED HENRY KISSINGER, THE WHEELER-DEALER OF THE DAY, THAT IF AND WHEN PUSHED TO THE WALL, ‘WE WOULD PUT OUR (OIL) WELLS TO FIRE AND RETURN TO THE TENTS’

Posted by Gilmour Poincaree on January 11, 2009

Sunday, 11 Jan, 2009 – 12:59 PM PST

by Syed Rashid Husain

PUBLISHED BY ‘DAWN’ (Pakistan)

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PUBLISHED BY ‘DAWN’ (Pakistan)

Posted in COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, OPEC, PETROL, RECESSION, REFINERIES - PETROL/BIOFUELS, REGULATIONS AND BUSINESS TRANSPARENCY, SAUDI ARABIA, THE FLOW OF INVESTMENTS, WARS AND ARMED CONFLICTS | Leave a Comment »