India says poor should not pay for 'profligacy' of rich nations

Agence France-Presse by Afp | Nov. 21, 2008 (News Report)

NEW DELHI (AFP) — India's premier said Friday the poor should not pay for the "profligacy" of rich nations as he vowed to use every fiscal and monetary tool to fend off the impact of the global financial crisis. Speaking to the same conference, Congress chief Sonia Gandhi, torchbearer of India's most famous political family who staged the party's come-from-behind election win in 2004, said the country's hundreds of millions of poor had "nothing to do ... Full Story »

Posted by Marc Larocque

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Subjects: World, Business
Topics: Global Economy, India
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Posted by: Posted by Marc Larocque - Nov 24, 2008 - 12:55 PM PST
Reviewed by: Marc Larocque (review)
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Edited by: Marc Larocque - Nov 24, 2008 - 12:55 PM PST
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2.7
 by Marc Larocque - Nov. 24, 2008

This is not a broad story. It's nice in the sense that we are given the Indian perspective on the global economic crisis. But I feel like there should be more analysis than this pre-packaged allaying of financial fears.

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