Global crisis politics - A Davos debate with Nouriel Roubini and Ian Bremmer on Reuters

Global crisis politics - A Davos debate with Nouriel Roubini and Ian Bremmer

As governments grapple with the global crisis, politics has taken on central importance in determining the course of the world economy — and political risk is more significant than ever.
Two leading experts on the financial crisis and its political dimensions — Nouriel Roubini and Ian Bremmer — gave exclusive answers this week to Reuters questions on the key risks for 2009 and beyond, and the countries to watch.

Read all of it on Reuters

Davos 2009: Justifying the trip
(02:01) Video Report Reuters

Jan 28 - Despite organisations cutting travel budgets and reigning in spending, it seems the World Economic Forum is still drawing large numbers.
In fact, with two-and-a-half-thousand participants, this year's event in the Swiss resort is shaping up to be one of the largest forums on record.
With delegates travelling to Davos from as far away as Australia and Mongolia,




NYU's Roubini: "Nowhere to Hide" from Global Slowdown

Nouriel Roubini of NYU’s Stern School of Business is making fresh headlines, as he's forecasting an even more dire outlook for the global economy. In an interview yesterday with Bloomberg News in Zurich, Roubini said:

The U.S. will lose 6 million jobs with unemployment reaching at least 9 percent.
* The U.S. economy will expand 1 percent at most in 2010.
* Economic growth in China will slow to less than 5 percent.
* He reiterated his statements that the biggest U.S. banks are insolvent, and that losses could reach $3.6 trillion, far exceeding his original estimates.