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" Pascal Lamy, Director-General of the World Trade Organization, will lead a meeting in Oxford today of international business, government and other leaders to address the gridlock in international and national attempts to deal with key global problems. The meeting launches the Oxford Martin Commission for Future Generations. The Commission seeks to address the growing short-term preoccupations of modern politics and identify ways to overcome today's impasse in key economic, climate, trade, security and other negotiations."

Out there on the internet is a place where you can buy and sell anything anonymously using untraceable money. What is mostly being bought and sold in this stealth market right now are recreational drugs -- pot and acid, etc. There has always been black markets in every city of the world, but as underground and out of sight as they might be, you still needed to show up in person to trade. And there has long been outlaw areas of the internet where black markets thrive and you don't need to reveal yourself, but paying without any trace has been a problem. This new online stealthy anonymart, called Silk Road, solves these problems with two existing technologies. Silk Road uses established anonymizing Tor network to trade anonymously, and it employs the new Bitcoin peer-to-peer encrypted payment system to provide untraceable payments, which can in theory be converted to dollars or other national currencies.

"Watch an exclusive interview with Rafael Ramirez, Director of the Oxford Scenarios Programme and Fellow in Strategy at the Saїd Business School and Green Templeton College, Oxford University. A world expert on scenario planning and a founder of theories on the aesthetics of business, work and organisation, Rafael Ramirez has worked in over 25 countries, spanning many corporations, governmental and inter-governmental organisations, trade union federations, NGO's and professional associations. As Director of the Oxford Scenarios Programme he leads one of the most highly respected programmes on the subject in the world."

We continually scan tens of thousands of high-quality, online news publications, blogs, public niche sources, trade publications, government web sites, financial databases and more.

One way to ensure you're right at least some of the time is to make the same prediction year after year -- after all, a stopped clock is right twice a day. "Dr. Doom" himself -- New York University economist Nouriel Roubini -- has been expecting a U.S. financial catastrophe for years. As Anirvan Banerji of the Economic Cycle Research Institute told the New York Times Magazine last year, Roubini's explanations -- increasing trade deficits, soaring current account deficits, Hurricane Katrina, skyrocketing oil prices -- have tended to evolve over time. But as we now know, he hit the jackpot by calling the housing bubble in 2006. Smart or lucky? Wait to see where his next predictions land.

"The buzz at Pivot25, a conference for mobile-phone software developers and investors held this June, is all about the future of money. Ben Lyon, the 24-year-old business-development VP of Kopo Kopo, wants $250,000 to produce his app for shops to process payments made by text message. Paul Okwalinga, 28, describes his money app - called M-Shop, it allows you to buy travel tickets and takeout via mobile phone - as "not reinventing the wheel but pimping it." Kamal Budhabhatti, 35, claims Elma, the latest product from his company Craft Silicon, lets a phone do and be almost anything financial - act like a credit card or an online bank (a "digital wallet," he says), trade shares or forex, organize a company's payroll and (incidentally) surf the Web and phone home. Cash suddenly seems very old. The previous week, Joe Mucheru, a senior manager at Google, declared credit cards prehistoric. Adding to the giddy mood is the thought that the inventions on display might make some lucky Pivot25ers gazillionaires. And where are these extraordinary futures being imagined and plotted? The giraffes and zebras grazing in the game park outside rule out Silicon Valley, Seattle and Bangalore. Try Nairobi. "

This diffuse, fractured world will be run more by cities and city-states than countries. Once, Venice and Bruges formed an axis that spurred commercial expansion across Eurasia. Today, just 40 city-regions account for two thirds of the world economy and 90 percent of its innovation. The mighty Hanseatic League, a constellation of well-armed North and Baltic Sea trading hubs in the late Middle Ages, will be reborn as cities such as Hamburg and Dubai form commercial alliances and operate "free zones" across Africa like the ones Dubai Ports World is building. Add in sovereign wealth funds and private military contractors, and you have the agile geopolitical units of a neomedieval world. Even during this global financial crisis, multinational corporations heavily populate the list of the world's largest economic entities; the commercial diplomacy of emerging-market firms such as China's Haier and Mexico's Cemex has already turned North-South relations inside out faster than the nonaligned movement ever did.

" LDCs: Least Developed, Most to Gain. Least Developed Countries (LDCs) rank among the world's poorest, exhibiting low health and education indicators and high economic vulnerability. LDCs also make up more than half of the world's countries - the majority of which are in Africa, followed by Asia - comprising over 800 million people. The United Nations describes the Least Developed Countries as "the poorest and the most vulnerable segment of humanity at the very epicentre of the developmental emergency", but with only a few countries "graduated" from LDC status in the last decade, the plight of the Least Developed Countries is as pressing as ever."

BEIJING: The first India-China Strategic Economic Dialogue (SED) being held here has achieved positive results, Chinese Premier Wen Jiabao has said.