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Miesiąc: wrzesień 2011

World markets in retreat

World markets in retreat

World markets plummeted Friday, plagued by insecurity over Europe and fears that the euro zone stability fund might not be enough to pull the continent out of its ongoing debt crisis.

Euro stability fund is a mirage

Euro stability fund is a mirage

As a proposed overhaul of the European bailout fund inches its way toward approval, investors and economists are already calling for more aggressive measures to contain the eurozone debt crisis.

Does Baidu’s Robin Li have the hardest job in the world?

Does Baidu’s Robin Li have the hardest job in the world?

FORTUNE — Unlike Google, Baidu, China’s largest search engine, cooperates with the government’s policy of censorship. The western press commonly asks the company’s CEO, Robin Li, how he justifies such a decision. Naturally, Li’s responses are generally quite deferential to the government. An unfavorable onlooker might even consider some of his rhetoric to veer precariously close to pandering. Case in point, Li’s dictum on big tech in China: „walking the path of socialism with Chinese characteristics is the well-spring of…

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Are we the next Japan?

Are we the next Japan?

There’s no shortage of debate as to whether the Obama administration and Congress have done the right things in attempting to avert a debt crisis and revive the stalled economy.

Euro stability fund on the line

Euro stability fund on the line

As sovereign debt and banking problems continue to swirl in Europe, investors are looking to key votes this week in several euro area capitals on a plan to create some stability.

G20 pledges support, but investors want action

G20 pledges support, but investors want action

Finance ministers and central bankers from the world’s largest economies reiterated their pledge to stabilize the global economy, but they failed to impress investors, who are eager for the Group of 20 to take action.

Run for cover. Copper prices are getting killed.

Run for cover. Copper prices are getting killed.

„The sky is falling! The sky is falling!” That’s what copper traders must be thinking today, as prices plunged almost 8% amid mounting fears that the global economic slowdown may turn into an outright recession.