Just about now, Bank of Canada governor Mark Carney should be experiencing that sinking, helpless feeling about the economy. It's not for want of trying to shock the economy back to life. On Tuesday, the telegenic former... [full story]

The European Union vowed to heal the rift between its Western and Eastern halves at yesterday's SUNDAY's emergency summit as the recession threatened to shatter any sense of EU economic unity. The one-day event in Brussels... [full story]

Are global stock markets set for "capitulation" after sliding to six-year lows and wiping out a stuttering recent recovery? One key factor is preventing that sharp, panicky selling of shares that cleans the stables... [full story]

One of the things that defines us as Canadians is our faith in the public pension system. Despite epidemics, wars and periods of economic uncertainty, we have maintained a belief that when it comes time to retire, our government... [full story]

They bid farewell to their beloved trips to the opera and museum, the beach and Buddhist temples. They ate one last time at their favorite restaurants serving Indian curried chicken and warm bowls of Vietnamese pho. Leah... [full story]

Venezuelan President Hugo Chavez ordered the National Guard to take control of rice-processing companies after he said they evaded price controls and failed to properly supply the market. Chavez warned companies attempting... [full story]

Ireland plans to create a new commission for banking regulation, seeking to end what Prime Minister Brian Cowen said has been a “sorry chapter” for the nation’s lenders. “There will be radical reform... [full story]

Billionaire Warren Buffett said the economy will be “in shambles” for the rest of this year as financial firms take losses tied to reckless loans made during the housing boom. The Standard & Poor’s... [full story]

In the midst of the worst crisis to hit the mining industry in decades, two surveys are measuring up the carnage. The results are ugly. The Fraser Institute's annual Survey of Mining Companies, released Thursday, and Ernst... [full story]

Since 1997, real inflation, as opposed to ridiculously understated official inflation, has raged at a minimum of 8% annually, and has soared as high as 14-16%. This means that you have lost a minimum of two thirds of your... [full story]