Welcome to A-dz the Global economy

The new challenges in the Global Economy

September and October 2008 will be remembered as one of the worst periods in the global economy. Financial and stock markets collapsed under speculators and mass panic.The world is shaken by this storm of incredible and destructive power.

So What next?

This is very hard to say.The situation is not settled yet and everyone is waiting for the Dow Jones and other stock markets eventually recovering and rebound strong at some point. However the light at the end of the tunnel is far to be seen.

The recession is global and it will take probably 2-3 years to recover.

This is not the end of the capitalism, on the other side it is a period where investors that hasn't been hit too hard, to invest and regain all the ground lost.At the same time systems of control have to be set in place so that this situation will not happen again and especially families, the texture of our society, are safe from such economical disasters.

President's address on occasion of Teachers' Day

“On Teachers' Day, I am indeed very happy to be with all of you. On this day, we celebrate the work being done by teachers all across the nation, as well as remember the life of a great educationist and our former President Dr. Sarvepalli Radhakrishnan, whose birth anniversary falls today.

RP has moderate chances of halving poverty

The Philippines has moderate chances of halving the number of its poor citizens by 2015 — one of eight targets it vowed to fulfill under its United Nations' Millennium Development Goals (MDGs) — although it could still meet other targets, including reducing the number of Filipinos whose income cannot provide the basic food requirements.

Richard (RJ) Eskow: Labor Day Irony: The People Who Want to Cut Social Security All Have Great Retirement Plans

Events of the last week have made the Deficit Commission an embarrassment. Co-Chair Alan Simpson is a one-man disaster movie, compulsively offending one key voting...

Pepe Escobar: Life in Talibanistan -- Married to the mob

Ten years ago, not many people were fully aware that a geopolitical New Great Game was already unraveling in Central Asia. The Taliban were -- and remain -- just one of the (minor) players.

Upside to global warming: 'New North' will thrive

Move over, Sunbelt. The New North is coming through, a UCLA geographer predicts in a new book.