Economy

Lula: Rich countries to blame for food crisis

April 18, 2008

Luiz Inacio Lula da Silva, the president of Brazil, sharply criticized developed nations on Thursday for their role in bringing about the food crisis. Speaking at the UN’s Food and Agriculture Organization, da Silva said expensive fertilizers, manufactured in wealthy countries, make farming expensive in the developing world. But da Silva rejected the notion, recently…

How World Bank policies led to famine in Haiti

April 17, 2008

Food riots in Haiti caused the deaths of five people last week, including a UN peacekeeper, and forced the country’s prime minister out of office. The country is "a place of terrible turmoil," Raj Patel, of UC-Berkeley’s Center for African Studies, tells The Real News Network. Patel, author of Stuffed and Starved: The Hidden Battle…

Food shortages threaten 100 million

April 16, 2008

The doubling of food prices over the past three years could push 100 million people in low-income countries further into poverty, UN Secretary-General Ban Ki-moon said on Tuesday. The UN leader’s words echo the sentiments of Robert Zoellick, president of the World Bank, who has called for an injection of $500 million in emergency aid.…

Global food prices crisis

April 13, 2008

Stephanie Bunker is the United Nations Spokesperson for the Office for the Coordination of Humanitarian Affairs. Chad Hart is the US Policy and Insurance Analyst with the Food and Agricultural Policy Research Institute.

IMF sounds alarm over world economy

April 10, 2008

US growth stalled and problems likely to be protracted, IMF chief economist says

The economy and working people

March 30, 2008

Taxi drivers in Washington DC coping with hard times discuss what the government should do

Wall street demands massive bailout or else

March 29, 2008

Doug Henwood: Real solution includes shifting spending to green and public infrastructure

Wall Street wisdom

March 27, 2008

In the heart of the NY financial district people have their say on how recession is affecting them

Obama delivers speech on the economy

March 27, 2008

AP: Relief for homeowners and an additional $30 billion stimulus package to cope with recession

Senate hearing: GDP fails to measure progress

March 19, 2008

Martin Collier: We are what we measure and GDP does not measure what we value