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Crisis has hit the world financial system, causing chaos on the stockmarkets and bringing fears of a world recession. As millions wonder if they will keep their jobs and homes, world leaders scramble to save what they can. The economic orthodoxy of the last two decades is now in question. Policy makers are calling for regulation and state intervention, which were taboo during the boom years. Economist John Maynard Keynes is back in fashion and French President Nicolas Sarkozy has even resorted to reading Karl Marx. RFI's Salil Sarkar looks at what's happening and asks where we go from here.
The financial world turned upside down
International finance institutions are plunged into gloom and neoliberal guru Alan Greenspan admits that he may have been "partially wrong" in his hands-off approach to banks when he ran the US's Federal Reserve. So is the world heading for recession ... or, worse still, a 1930s-style depression?
2008-11-01 15:24 TU
What is being done?
Financiers and policymakers want to rebuild confidence in the financial system. The rest of us want to keep our jobs and homes. So what is being done to avoid, or at least alleviate, crisis?
2008-11-01 15:22 TU
What went wrong?
The worst financial crisis for 70 years has shattered the complacency of many economists, politicians and finance chiefs. Now the orthodoxy of the past two decades is being questioned. So why did it happen?
2008-11-01 15:21 TU
Crisis will slow already uneven fight against poverty
The fight against poverty has been uneven, with big changes in parts of Asia but little change in sub-Saharan Africa. Soaring prices in 2008 have been a major setback and economic crisis threatens to make matters worse.
2008-11-01 15:26 TU
Millions face starvation
Hunger and starvation are silent "mass murder", says the UN's food chief. At least 800 million people did not know where their next meal would come from before the crisis. Now it is going to get worse.
2008-11-01 15:20 TU
What about the ecological crisis?
Governments have rushed to put together rescue packages for banks and finance houses. But, with human activity contributing to climate change and destroying nature's checks and balances, what of the costs of ecological damage?
2008-11-01 15:21 TU
World economic crisis/G8
Worst is yet to come in economic crisis, says WTO chief Lamy
2009-07-07 14:38 TU
US/World economic crisis
Obama sees signs of economic hope, Japan's exports slump
2009-03-25 11:16 TU
US/World economic crisis
Give us more power to seize bad lenders, say US Fed and Treasury
2009-03-24 16:21 TU
China/US/Global economic crisis
Beijing will keep investing in US Treasury bonds
2009-03-23 13:38 TU
US/Global economic crisis
US unveils 500-billion dollar plan to create toxic-assets market
2009-03-23 12:16 TU
EU/World economic crisis
European leaders increase support for Eastern European countries and the IMF
2009-03-20 17:22 TU
UK/France/World economic crisis
French plan better than British, says UK minister Mandelson
2009-03-15 14:19 TU
World economic crisis
Eight per cent unemployment in US, 12.5m people without work
2009-03-06 17:01 TU
Germany/World economic crisis
Opel rescue plan stalled, talks could go on for weeks
2009-03-06 19:13 TU
World financial crisis
European output plummets, as US awaits final stimulus package vote
2009-02-12 16:03 TU
World financial crisis
Eight thousand jobs to go in Japan and record unemployment in Spain
2009-01-09 13:08 TU
Japan/World financial crisis
Fastest-ever output drop in November, more misery predicted
2008-12-29 10:48 TU
World financial crisis
European, Japanese markets boosted by historic US interest rate cut
2008-12-17 11:31 TU
World financial crisis
US Congress considers auto industry bailout as unemployment soars
2008-12-06 12:31 TU
World financial crisis
Motor racing latest casualty, HSBC profits from property slump
2008-12-12 17:24 TU
World financial crisis
World markets follow US plunge, EU considers huge spending boost
2008-12-02 11:45 TU
World financial crisis
Europe will not leave behind poor countries, says Sarkozy at aid conference
2008-11-29 15:53 TU
World financial crisis
French unemployment up, Arcelor to lay off 6,000 workers in Europe
2008-11-29 15:22 TU
World financial crisis
More government intervention with US Citigroup bailout and UK stimulus package
2008-11-24 12:51 TU
World financial crisis
French strategic fund to be worth 20 billion euros, Russia to give IMF 785 million
2008-11-20 12:24 TU
World financial crisis
Package for auto industry debated after 50,000 jobs cut by Citigroup
2008-11-18 14:25 TU
France/World financial crisis
Sarkozy to create sovereign fund to bolster economy
2008-10-23 14:51 TU
World financial crisis
Asian and European markets close up as financial injections continue
2008-10-20 18:02 TU
World financial crisis
Seoul announces bank guarantees, Icelanders demand bank chief quits
2008-10-19 13:41 TU
France/World financial crisis
Sarkozy says world must change, ahead of Bush meeting
2008-10-18 13:53 TU
World financial crisis
French bank loses 600 million euros, as markets remain bumpy
2008-10-17 12:37 TU
World economic crisis - interview
Impact on Africa will be limited, says Senegalese president
2008-10-08 10:53 TU
World financial crisis
UK to partially nationalise major banks as Asian stocks plunge
2008-10-08 16:17 TU
World Financial Crisis
Wells Fargo buys out Wachovia ahead of Congress bailout vote
2008-12-12 14:47 TU
US/World economy
Finance bailout to be worth 700 billion dollars, blame game begins
2008-09-21 10:54 TU
Listen
Focus on France 12 March 2009
France and EU to lower VAT on restaurants and small businesses
2009-03-12 16:52 TU
Focus on France 5 October 2008
Financial crisis: are French consumers and analysts worried?
2008-10-06 15:04 TU
Focus on France 26 September 2008
State will underwrite financial system, says Sarkozy
2008-09-29 11:26 TU
Focus on France 25 September 2008
Can Europe's banks escape the financial crisis?
2008-09-29 11:27 TU
Extra reading
