Emphasizing the need for advanced economies to work closely with emerging economies to avoid nationalistic and protectionist behavior in dealing with the global economic crisis, the G-8 nations...

After a very turbulent, stressful week for investors, traders, and anyone who watched the numbers, global markets started the week off strong on Monday, with the Dow Jones closing up more than 900 points—its biggest point gain in a single day ever.

The US bailout plan is expected to have a positive impact on Middle East markets, which plummeted amidst psychological fears of a spillover from the US financial crisis. It is anticipated that the plan will work to evade the collapse of the world...

There seems to be some debate as to how sovereign wealth funds (SWFs) in the Middle East will respond to the recent credit crisis. Some assert that SWFs in the Middle East, not unaffected by the credit crisis, will now turn their attention, and...

As the number of U.S. institution falling prey to the worsening global financial predicament grew in the early week, the financial community’s eyes turned to the world’s central banks.

Sources: AllAfrica.Com: Africa: Continent in the Global Carbon Trade AllAfrica.Com: Africa: Continent Told 'Stop Playing the Victim' The Times: SA Missing the Carbon Bandwagon African leaders met recently at the Carbon Markets Africa Conference...

Telegraph, Herman van Rompuy and Baroness Ashton: The EU's Perfect Couple of Nobodies WSJ, Belgian Premier van Rompuy Named First EU President English Aljazeera, Leaders meet to elect EU president The European Union (“EU”) elected its first EU...

Sources: Economist: A-yuan-sided argument Financial Times: Renminbi sparks strong views; Beijing signals send renminbi higher IMF: The International Monetary System: Reforms to Enhance Stability and Governance Despite the growing international...

Sources: NBC4i.com: Cordray Sues Credit-Ratings Agencies, Says Ohio Funds Lost $457M; New York Times: Ohio Sues Rating Firms for Losses in Funds; Reuters: UPDATE 4-Ohio Sues Moody’s, S&P, Fitch for Inflated Ratings; New York Times: Triple-A Failure:...

Sources: FT.com – Deal nears to end ‘banana wars’ Europolitics – End to banana war in sight Tico Times – An end to banana war in sight The Malaysian Insider – Deal nears to end ‘banana wars’ The “banana wars” began in 1993...