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While we all are facing the pinch of economic uncertainty there are some positive signs that are slowly emerging. Although in my mind, we are not out of the woods yet. In this part of the world, there have been interesting developments in India's and China's economy. On the other side of the world, it is the legal battle that SEC (U.S. Securities and Exchange Commission) has been having with white collar crimes. Let me share my views as to why this is something we as CFOs should be focused on and why it might have implications on your business here.

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O acordo nuclear entre o Brasil, a Turquia e o Irã se gue, ponto a ponto, todas as solicitações que o presidente Barack Obama havia exposto em carta a seu colega Luiz Inácio Lula da Silva, datada de 20 de abril, apenas três semanas antes, portanto, da viagem de Lula ao Irã, da qual resultou o acordo. A Folha obteve, com ex clusividade, cópia integral da carta, na qual Obama es creve que o objetivo era ofe recer "explicação detalhada" de sua perspectiva "e sugerir um caminho a seguir".

As elites brasileiras, tidas por Darcy Ribeiro como das mais reacionárias do mundo, nunca aceitaram Lula porque pensam que seu lugar não é na Presidência, mas sim na fábrica produzindo para elas. A nossa imprensa comercial é obtusa face ao novo período histórico que estamos vivendo. Por isso abomina também a diplomacia de Lula.

At almost 20 percent, Spain suffers the second-highest unemployment rate in the European Union. But the rate for those just entering the job market is twice as high. This month, Madrid wants to push through far-reaching labor market reforms. But opposition promises to be fierce.

As fear continues to spread over the impact of the Greek debt crisis, more people are questioning how such a small country could impact markets around the world.

In their recent book on the history of financial crises, Carmen Reinhart and Kenneth Rogoff note that banking crises are frequently succeeded by sovereign debt crises, as governments are forced to assume private liabilities to keep their national financial systems afloat. The 1997-98 Asian crisis provides a relatively recent example of how private debts can rapidly become public liabilities if a default threatens the overall economy.

Report described as clean break from Bush years addresses fresh challenges including rise of India and China

"Structural" unemployment is a fake problem, which mainly serves as an excuse for not pursuing real solutions.

An American bill imposing punitive tarifs on countries that undervalue their currencies is set to unleash a new trade war between the US and China. But in fact the whole global currency system is in a state of jeopardy. As confidence in the dollar drops, private investors are putting their faith in gold.

Reactions to World Bank president Robert Zoellick's suggestion that gold might be used as part of a package of measures to reconstruct the international system ranged from the lukewarm to the bewildered.

At a Senate Budget Committee hearing in 2009, I asked Fed Chairman Ben Bernanke to tell the American people the names of the financial institutions that received an unprecedented backdoor bailout from the Federal Reserve, how much they received, and the exact terms of this assistance. He refused. A year and a half later, as a result of an amendment that I was able to include in the Wall Street reform bill, we have begun to lift the veil of secrecy at the Fed, and the American people now have this information.

Spreading problems in Europe's sovereign debt markets pose potential challenges for China, which has been stepping up its investments in European government bonds and relies on Europe as its biggest export market.