The global economic crisis has prompted the creation of an Asia crisis fund, designed to bulk up and eventually supplant the Chiang Mai Initiative. [more]
Structural challenges in Europe and economic nationalism in Asia rise to the fore as world leaders struggle to contain damages from the unfolding financial crisis. [more]
Investors are trying out Vietnam as a potential low-cost alternative to China, but geography and population will ultimately determine the FDI fate of both. [more]
"The Saudis are not unhappy to see lower oil prices squeezing Iran," says George Friedman, chief executive of the Austin, Tex. intelligence outfit Stratfor. "They just don't want prices to get low enough that it forces Iran to do something crazy."
Forbes.com November 6, 2008
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