Global Investing

Standard Chartered: Far from declaring victory over crisis

September 25, 2009

Peter Sands, Chief Executive Officer of Standard Chartered says the grip of the global financial crisis has loosened but there is still a lot of work to be done to fix the damage. He spoke with Reuters on the sidelines of the Clinton Global Initiative where he said the public has a right to be angry with bankers about their pay but capping compensation on a global level is not likely to happen. Watch his responses here and tell us what you think. Is it possible to have a global cap on executive compensation?

Another nail in the Malthusian coffin?

September 22, 2009

All the talk of addressing the global imbalances throws a spotlight on contrasting demographic trends in the world’s two most populous nations — China and India.

from FaithWorld:

Pope urges bold world economic reform before G8 summit

July 7, 2009

popePope Benedict issued an ambitious call to reform the way the world works on Tuesday shortly before its most powerful leaders meet at the G8 summit in Italy. His latest encyclical, entitled "Charity in Truth," presents a long list of steps he thinks are needed to overcome the financial crisis and shift economic activity from the profit motive to a goal of solidarity of all people.