World Crisis Online

OPTIMISM RETURNS
The results of the latest Global Economic Conditions Survey suggest that finance professionals are ready to call the bottom of the global economic downturn and believe that recovery should be possible within the next 18 months. Loss of business confidence has slowed substantially, coming to a virtual halt in key areas such as the Asia Pacific region, and even reversing in key sectors such as small and medium sized enterprises (SMEs) and large financial services firms.
Finance professionals, however, also point to the significant downside risks attached to such forecasts. (continue reading…)

HONG KONG, Nov 11 (Reuters) – Asian stocks rose for a fourth day in a row on Wednesday as Chinese factory output jumped to a 19-month high in October, while the ailing U.S. dollar hovered near a 15-month low. European stock markets were expected to open higher, according to financial bookmakers, and U.S. stock futures edged up, though further gains were becoming more difficult towards the end of the year and some investors look to take profits from this year’s rally. (continue reading…)

By Krishna Guha @ FT

When finance ministers and central bank governors met in Istanbul this month amid angst about the declining dollar, Tim Geithner was anxious to impart a basic message. “We recognise the dollar’s important role in the system conveys special burdens and responsibilities on the US,” the Treasury secretary told journalists. “And we’re going to do everything necessary to sustain confidence.” (continue reading…)

by Q.AB. on July 14, 2009

If we look into history of different countries we will find that different countries faced the financial crises at different times. As the world is facing now financial crisis now also, the question comes in mind that who are those who run this finance horse, what are the reasons which leads to financial crises? Or is there is someone who is holding all the strings and keep them pulling? So many questions come in mind when mind starts thinking about it.
(continue reading…)

PRINCETON, N.J. — The president and CEO of the Federal Reserve Bank of New York said Friday that the financial world can learn from the economic crunch of the past two years and become stronger. (continue reading…)

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We’ll take through the history of economic crises in the world. Give your important information on the causes and development of crises.

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