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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: economic reform

economic reform stories: 6 news summaries

 Zimbabwe Central Bank 
 Stole Cash to Stay Solvent 

Governor admits pilfering private accounts to keep ministries running

(AP) - Zimbabwe's central bank governor admits he took money from bank accounts of private businesses and foreign aid groups without permission to keep the country's cash-strapped ministries running. Gideon Gono said today he loaned money from the private hard-currency accounts to the government. He says the accounts will be reimbursed when... More »

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Africa inflation Zimbabwe economics economic reform incompetence central bank economy hyper-inflation economic crisis Gideon Gono

 Beijing May Let 
 Farmers Sell Land Rights 

Party may announce reform, bringing cash into rural economy

(Newser) - China is poised to announce a sweeping reform that would allow rural farmers to sell land use rights, the New York Times reports. Communist Party officials, meeting this weekend, hope the move will reignite double-digit economic growth and stave off looming recession. It could also curb the thousands of... More »

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China agriculture economic reform land use Chinese Communist party peasant

OPINION

Candidates Get the Economy Wrong: Pundits

McCain is out of touch and off-message; Obama is reckless

(Newser) - With the economy in trouble, John McCain and Barack Obama have been talking economics. How are they doing?
  • Not very well, says the Wall Street Journal, declaring that the candidates “appear to know more about Mars than they do about financial markets.” Obama’s offering a
... More »

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Barack Obama John McCain Wall Street economic reform Lehman Brothers Election 2008 economy financial stocks financial crisis

New Taiwan President Makes China Overtures

Ma Ying-jeou seeks closer link between Beijing, Taipei

(Newser) - Since his election as Taiwan's president last March, Ma Ying-jeou has already begun negotiations with Beijing and moved to bring mainland Chinese tourists to the island. In an English-language interview with the New York Times, Ma sets out an ambitious plan for new cross-strait relations: direct links via air and... More »

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China Taiwan economic reform Ma Ying-jeou cross-Strait relations

Paulson Unveils Regulatory Reforms: No Quick Fix

Focus of plan including new oversight for Fed extends beyond current woes

(Newser) - The "transformative" changes Henry Paulson has in mind for the regulation of the US economy will take years to implement, the Treasury Secretary said today. The plan would greatly increase the Fed's oversight powers, regulate the insurance industry for the first time, and add federal oversight of the mortgage... More »

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Federal Reserve Henry Paulson insurance economic reform SEC regulation economy investment banks

China Embraces Private Property

Bill reassures urban middle class, decried by advocates of the poor

(Newser) - China's burgeoning middle class will be feeling a little more secure next week, when the National People's Congress is expected to pass the country's first property-rights bill. The measure has become a lightening rod for criticism of China’s leadership, with communists using it as evidence that the government is... More »

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China property rights communism privatization National People's Congress economic reform land private property US economy farmer

6 Stories