Mike Shedlock of globaleconomicanalysis.blogspot.com writes that I - and people like me, who are expecting inflation - are a bunch of idiots, which is unfortunately true about me, and I am grateful that my Natural Mogambo Stupidity (NMS) is his only complaint about me. (Read the article)

Tumbling gasoline costs sent consumer prices in the United States down in October by their largest one-month drop since February 1947, the U.S. government reported Wednesday. (Read the article)

Lower prices of petrol and pork in October helped British consumer price inflation to post its biggest drop since records began, falling to an annual rate of 4.5 percent from September's peak of 5.2 percent. (Read the article)

Hong Kong became the second Asian economy after trading rival Singapore to tip into recession as exports were hit in the third quarter by weakening global demand and consumers were jolted by falling asset prices. (Read the article)

Current economic problems in the Indian economy are being presented by the Government as created entirely by the direct and indirect effects of the global financial crisis. (Read the article)

Senior politicians, even opposition ones, should not predict runs on their currency - as that in itself can provoke panic. Even so, the shadow chancellor has certainly put his finger on a serious issue. (Read the article)

Malaysia's widening budget deficit may not have a large effect on the value of the ringgit, even as the currency continued to be hit last week by investors dumping emerging market assets, economists said. (Read the article)

The United States government should not worry about deficits over the next two years while spending money to jumpstart the ailing economy, President-elect Barack Obama said in a television interview that aired on Sunday. (Read the article)

WHEN Deng Xiaoping set China on the road of economic reforms in 1978, Western economists argued that "Only capitalism can save China". (Read the article)

The global financial crisis led to greater losses from international trade and weaker domestic demand, the government said. (Read the article)

These are uncertain times not only for commodity, equity and financial markets but for analysts and writers who comment on these sectors. (Read the article)

Treasuries will fall over the next six months as the U.S. increased borrowing to bail out its financial system, while government debt in Europe, Asia and Latin America rallies, a monthly survey of Bloomberg users showed. (Read the article)

If the world were fair, most emerging markets would be watching the financial crisis engulfing the world's advanced economies from the sidelines - if not entirely unaffected, not overly concerned either. For once, what has set financial markets ablaze are not their excesses, but those of Wall Street. (Read the article)

Amid a struggling global economy and declining commodity prices, there are few nations that have found it necessary to raise interest rates, but Russia is one of them. (Read the article)

For those wondering how long Russia could continue to spend billions of dollars to prop up its currency, a partial answer came Tuesday when Russia allowed the ruble to fall against the dollar and the euro. (Read the article)

October inflation in Pakistan soared to nearly 25 percent from 9.31 percent in October of last year, further aggravating the country's current economic crisis. (Read the article)

In what is being hailed as an unprecedented move in more than half a century, the Bank of England on Thursday (November 6) cut interest rates by 1.5 percentage points, beating the most optimistic expectations by half a percentage point. (Read the article)

Chinese inflation fell to a 17-month low of 4.0 percent in October, providing fresh evidence that policy makers need not worry about price pressures and can bend all their efforts to propping up growth. (Read the article)

The U.S. government is on course for an unprecedented borrowing binge in coming months that could constrain President-elect Barack Obama's economic agenda. (Read the article)

HE HAD always planned for the economy to be his priority. Just not this economy.As candidate, Barack Obama crafted a platform to address the concerns that preoccupied voters earlier this year: high energy and health-care costs, stagnant middle-class incomes and rising foreclosures. (Read the article)