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Investors See Market Bottom in Second Half of 2009

added: 23-04-2009

In a survey of 160 institutional investors, 85% of those surveyed expect that the market will bottom out before the end of the first half of 2010, with the majority of those expecting the bottom in the second half of 2009. The survey, reaching investors in 20 countries, was conducted by TheMarkets.com, a provider of research, estimates and workflow solutions to institutional investors worldwide.

World Development Indicators Provide Benchmark Amidst Crisis

added: 23-04-2009

The World Development Indicators (WDI) 2009 tells the story through comprehensive data of how developing countries benefited from a long period of prosperity which may now be set back due to the current crisis.

World Bank to Triple Protection for the Vulnerable in Wake of Economic Crisis

added: 22-04-2009

The World Bank announced that its investments in safety nets and other social protection programs in health and education are projected to triple to $12 billion over the next two years in order to protect the most vulnerable people from the worst effects of the global economic crisis.

Illicit Financial Outflows from India $22 Billion-$27 Billion per Year

added: 21-04-2009

Global Financial Integrity issued a statement on its 2008 report "Illicit Financial Flows from Developing Countries: 2002-2006," in response to growing interest in and citation of the report's estimates of illicit capital flight out of India, which is ranked fifth out of the 127 developing countries analyzed.

Global Hedge Fund Assets Will Reach $2.6 Trillion by 2013

added: 20-04-2009

Hedge fund assets will bottom out at roughly $1 trillion in 2009, after which capital appreciation and $800 billion in net inflows over the next four years will push global levels to $2.6 trillion by 2013, according to a new study of institutional investors, investment consultants and hedge funds released by The Bank of New York Mellon and Casey, Quirk & Associates.

Australia Should Intervene Quickly to Avert a Major Rise in Youth Unemployment, Says OECD

added: 20-04-2009

Young people are likely to be hit hard by rising unemployment as the global downturn continues. In Australia, where more young people work than in most OECD countries, the government should encourage more teenagers to stay in school past the age of 16 in order to boost their skills and improve their long-term career prospects for when the economy recovers and labour demand picks up again, according to a new OECD report.

Economic Survey of New Zealand 2009

added: 17-04-2009

Even though New Zealand’s banks are sound, global interdependencies and accumulated domestic imbalances mean that the economy is being affected by the worldwide financial and economic crisis.

Six-Country Financial Times/Harris Poll Shows How Badly Economic Crisis Has Hurt Reputation of Business Leaders

added: 16-04-2009

A new poll in the United States and the five largest European countries shows how very badly the economic and financial crisis has damaged the reputation of business leaders. Large majorities of the public in all six countries say their opinions of business leaders have become worse, that the recent behavior of "business leaders in general" has been unethical, and that they are generally paid too much.

Companies Fear Protectionism Could Lead to Global Depression

added: 16-04-2009

More than 80 percent of supply chain managers recently polled at manufacturing companies involved in international trade expressed concern that growing protectionism could sink the world into a global depression. Respondents also feared the current economic downturn could result in a prolonged reversal of world trade. On a somewhat brighter note, three-quarters of them believed the recession would not last more than another 12 months.

G8 Warns Food Crisis May Become Permanent

added: 15-04-2009

Bread for the World President Rev. David Beckmann called on the agriculture ministers of the world's eight richest countries to ensure that more resources are made available to small farmers in order to avert a permanent food crisis.

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