Free market economic system did not allow developed countries to bind to environment protection laws and will not allow EMEs to do so.
Ireland bailout and the impending austerity are detrimental to the interests of its people as well as to the capitalist production system.
China increased its reserves requirement ratio amid increasing inflation, causing global stocks to tumble.
The Seoul G20 conference failed to provide tangible solutions to the ongoing currency war and rising trade imbalances.
RBI review of its monetary policy for second quarter focused as usual on money makers and circulators rather than wealth generators.