South African experiences double dip or depressionary economy
south african rand currency

“The major risk facing the sub-Saharan economies is that the world economy could experience a double dip or economic stagnation,” the study says.

Share International Magazine has been publishing on the first page, since 1988, this prediction: A worldwide stock market crash would occur, beginning in Japan. As we have seen, the bubble in Japan burst [...]

1 Comment
World Bank Going Bankrupt: Zoellick
robert zoellick

By Edmund Conway, Economics Editor in Istanbul
The World Bank is close to running out of money, its president, Robert Zoellick, has disclosed.
The Bank, whose job it is to support low-income countries, has had to hand out so much cash in the wake of the financial crisis that its resources could run dry within 12 months.
“By [...]

1 Comment

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our effort to advance understanding of politics, human rights, democracy, social justice and other issues of concern to the public. We believe this constitutes a 'fair dealing' and 'fair use' of any such copyrighted material as provided for in Part III Section 29 of the Canada Copyright Law.