G8 Leaders may be Grasping Reality
G8 world leaders meeting with President Obama at Camp David on Saturday found themselves agreeing that some things must be done, and soon, to turn Europe's imploding financial condition around, lest that another historic and global deep recession ensues ( Read more... )

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OECD Warns of Slowing Economic Recovery

The global recovery looks to be slowing more than expected as growth weakens in the world's rich economies, and monetary stimulus should be extended or stepped up if the slowdown proves more than momentary, the Organisation for Economic Co-operation and Development said on Thursday...

The OECD forecast ( Read more... )

"Barry Eichengreen, an economic historian at the University of California, Berkeley, sent an email to VoxEU.org, the Internet portal of the Centre for Economic Policy Research, a European economic-research network, asking economists to submit brief essays on ways government leaders could tackle the financial crisis ( Read more... )