One person for whom the answer is an unambigous "no" is Holger Schmieding, chief economist of Berenberg Bank in London: "I do not believe that the world is facing a new financial crisis." However, Schmieding told DW, a number of emerging economies …

Whatever the immediate outcome of the turbulence sweeping through the financial systems of so-called “emerging market” economies, it represents a turning point in the global economy as a whole. The roots of the crisis lie in policies of “quantitative …

Chinese New Year is a time for family and friends. Astrologers say the Horse Year is one of activity, and surely there will be prosperity for many. The Chinese zodiac consists of a 12-year cycle with one animal for each year: rat, ox, tiger, rabbit …

His most recent books are Occupy the Economy: Challenging Capitalism with Richard Wolff and Power Systems: Conversations on Global Democratic Uprisings with Noam Chomsky. Barsamian is winner of the Media Education Award, the ACLU's Upton …

With emerging economies more prominent than they used to be, and with memories of the great Argentinian default of 2001 and the Asian financial crisis of 1997 still fresh, it is understandable that investors have been spooked by the recent turmoil in …

BOE officials are under pressure to reconsider their forward guidance policy, under which they pledged not to consider raising the benchmark rate until unemployment falls to 7 percent, after data showed the U.K. economy grew last year at the fastest …

“I have a good news story to tell about the global economy for the first time in probably five years,” said the chief economist of the Conference Board of Canada. The world economy has been languishing since the financial crisis of 2007-08, when the U …

Concerns about the global economy and U.S. company earnings, as well as turmoil in emerging markets, led the Dow Jones industrial average to its worst start since 2009. However, many investors remain hopeful that the problems will not spill over into …

Arnault explained the slowdown in growth to the headwinds hitting the sector due to the global economic situation, as well as developments in certain countries such as China, where a crackdown on corruption has hit sales of luxury items. The strong …