Is the West cured of Asian flu?

Article Abstract:

The economies of Indonesia, Thailand, Korea, the Philippines and Malaysia, the five core emerging countries, are showing signs of growth. This trend has prompted some observers to state that the worst of the economic crisis in Asia is now over. However, others are more cautious, stating that economic revival will only be sustainable if Asian countries implement financial reforms. They warn that there is still a risk of economic problems in certain countries spreading across the world.

International economic relations, Asia, Foreign investments, Economic aspects

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UK at loggerheads with France over tax on speculators

Article Abstract:

France and Germany have backed the concept of a levy on currency speculators, but UK Foreign Secretary Jack Straw has stated that such a levy brings the danger of overlooking the real issue, which is how to deal with world poverty and inequality. It is thought that the Treasury has doubts about whether the tax would work in practice.

Taxation, Speculation, Political aspects

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Soros tells the West: We must reform to help poor

Article Abstract:

The West should not continue to overlook the problems facing countries on the edges of economic activity, according to billionaire financier George Soros. He believes that the international financial system should be more strictly controlled.

Soros, George, Interview, Capitalists and financiers

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