THE SMART NEWS SOURCE | Feb 10 2012 20:00 | LAST UPDATED Feb 10 2012 20:00 |
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Is free trade best way to beat slump?History shows that protectionism has seen markets through the toughest times. Larry Elliott asks whether we shouldn’t look at the model. Let them eat moneyThere was a time in the development of the present monetary system when you'd not accept a coin without biting it to check its authenticity. Rouble at 11-year lowThe Russian rouble plunged to its lowest level against the American dollar in 11 years this week as oil prices plummet and economic activity slows. Migrant workers leave en masseAround 20-million migrant workers have returned to the Chinese countryside after failing to find work in the cities because of the economic downturn. One, two, three ...Maya Fisher-French and Lynley Donnelly report on how our statistical authorities are battling to get their numbers right. SA car industry in a crunch, seeks govt supportThe SA vehicle industry has approached the government for loans to help curb job losses as it struggles with a domestic and global economic downturn. Protectionist fears rise over 'Buy American' planGlobal protectionism fears were heightened after the US Senate voted to keep a "Buy American" clause in the huge US stimulus Bill. January vehicle sales worst in eight yearsNew vehicle sales for January were the worst in the past eight years, the National Association of Automobile Manufacturers of SA said on Tuesday. Manuel: Global crisis threatens AfricaProtectionism and the retreat of investments as a result of the world economic crisis are a threat to Africa, Finance Minister Trevor Manuel has said. Fans distraught as Premier League goes off airAfrican fans of the English Premier League were dealt a huge blow when the British company which broadcasts games across the continent collapsed. |
Photos about global financial crisis
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