‘The World As We Know It Is Going Down’ at izbrano

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‘The World As We Know It Is Going Down’

Spiegel - Panic is the word of the hour on Wall Street. Now even Morgan Stanley is fighting for survival. The commercial bank Wacho

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America Looks Beyond the Bush Warriors

Spiegel - In his two terms in the White House, US President George W. Bush has presided over a precipitous fall in America’s reputation around the world. History is likely to judge him a failure. Now, his successor will have to dig the US out of a deep hole.

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The Good Intentions Summit

Spiegel - In the end, delegates at the financial summit of industrial and emerging economies delivered a closing statement without any concrete decisions. Host Bush has nothing left to say, and the world eagerly awaits his successor Obama. What is clear, though, is that G-20’s influence will grow.

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Globalization Is Good for Europe

Spiegel, by Peter Mandelson - Europe is nervously watching the dramatic changes under way in the world economy. The suspicion is: If it is good for the Chinese, then it is bad for us. But protectionism is not the answer, argues the former EU Trade Commissioner.

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