National Security Network

financial crisis

financial crisis

International Economy

Leaders Meet at G-8 as Global Economic Crisis Persists

Report 8 July 2009
The leaders of the eight leading industrialized nations meet in the G-8 summit in Italy today. This meeting comes just a few months after the G-20 summit in London, which sought to create a unified global response to the economic crisis. The IMF today reinforced the concern that much work remains to be done, and that it is too early to back away from stimulus policies and support for poorer countries.
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International Economy

International Implications of a Domestic Progressive Agenda

Report 24 February 2009
Tonight President Obama will deliver an address to Congress, where he is expected to highlight his domestic agenda. But the world is watching this speech every bit as much as one on national security.
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International Economy

The G-20 Summit: Toward an International Response to a Truly International Crisis

Report 14 November 2008
This weekend, world leaders will gather in Washington to discuss the financial crisis. After World War II and the great depression the world’s leaders recognized that the international financial system was too complex and interconnected for countries to go it alone and responded by establishing the Bretton Woods institutions. The international financial mechanisms they created helped war-torn economies recover – and set the stage for the US economy to grow and thrive atop the global economy for the half-century that followed.
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John McCain Has Repeatedly Failed the Commander-in-Chief Test

Report 21 October 2008
In times of crisis it is essential that a leader have the temperament and judgment to guide America with a steady hand. Sen. McCain’s response in times of crises that has been erratic and reckless. During this campaign, McCain’s reaction to the global financial crisis and the outbreak of war between Russia and Georgia led many to question his judgment and his temperament. McCain’s erratic and hasty responses to past and present international crises raise real doubts about his ability to lead America through a crisis with a steady hand.
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International Economy

Only a Global Response Can Address a Global Crisis

Report 13 October 2008
Last week it became apparent that only a unified international response can stop the global credit crisis. This weekend, a coordinated approach was finally crafted after meetings of the G7, IMF, World Bank, European Union and other international organizations. The international infrastructure of alliances and institutions that was set up after World War II played a crucial role in helping forge a strategy which, by infusing capital into the banking system and guaranteeing interbank loans, has at least for the moment buoyed the markets.
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International Economy

Only a Global Response Can Address a Global Crisis

Press Release Washington, D.C. 13 October 2008
International Economy

Global Crisis Requires a Global Solution

Press Release Washington, D.C. 10 October 2008
International Economy

The Bill Has Come Due – Economic Crisis Undermines American Global Leadership

Report 6 October 2008
America’s economy underpins its position as the world’s most powerful nation. Today’s collapses in our strategic and economic strength are linked – and mutually reinforcing. Unchecked military spending and faulty strategic thinking have left us in an unsustainable global position, and as the financial crisis has spread across the globe, world leaders are seriously questioning the United States capability for continued economic and strategic leadership.
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Foreign Confidence, National Security Hurt by Financial Failures

News The Portsmouth Herald 25 September 2008