LONDON — World policymakers gather in Washington later this week to ponder how to sustain economic recovery at a time when the United States is about to turn off its money taps. Given the same G20 finance ministers and central bankers met in Australia …
Caterpillar Inc. (NYSE:CAT)'s not amid its golden days as the global economy experiences a slump and prices for commodities continue to fall. The company's CEO, Doug Oberhelman, spoke on CNBC his thoughts on the current state of affairs. So, US is …
A new report by leading economists has cast doubt on the economic recovery, saying the world hasn't worked itself out of the financial crisis. While it was western economies that led the world into the crisis of 2008, China and other developing …
In a speech in Washington DC yesterday, the fund's managing director addressed the challenges facing the global economy, ahead of the IMF and World Bank annual meetings taking place this month. She said that there was a need for bolder polices to help …
TOKYO (Kyodo) — Tokyo stocks fell sharply Thursday morning, with the Nikkei stock index sinking below the 16,000 threshold for the first time in two weeks, weighed down by concerns over the outlook for the global economy and the first confirmed case …
Hammond, who studied the economic effects of closing American schools in response in 2009 to the H1N1 virus, said there are documented instances of fear spreading very rapidly. Those fears could have consequences that affect consumer behavior and …
The China slowdown is by far the biggest risk to the global economy – and if China has a hard landing – as its property boom turns to bust – the impact on global growth will be large . I particular it will hit the German economy , which is a big …
WASHINGTON — The head of the International Monetary Fund says that six years after the financial crisis, the world is still mired in a disappointing economic recovery and will be able to regain momentum only through improved government policies.
The global economy could be stuck on a 'new mediocre' growth path with high debt and unemployment unless policymakers open up labour markets, invest in infrastructure and reform fiscal policies, the head of the International Monetary Fund has warned.