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Global Economy

GLOBAL ECONOMY WEEKAHEAD-Christmas sales, ratings blitz due after jobs jolt
www.reuters.com

BRUSSELS Jan 12 (Reuters) – Year-end U.S. shopping and manufacturing output figures and a Friday credit-rating blitz in Europe are expected to set the tone this week, showing the global economy's uneven recovery remains on track. Last week ended on a …

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NAFTA prepared us to compete in global economy
www.miamiherald.com

Ross Perot believed that if NAFTA (the North American Free Trade Agreement) were implemented we would hear a “giant sucking sound” caused by jobs being drained south of the border. Despite all of its success, NAFTA continues to be controversial when, …

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Retail Sales in US to Inflation in UK: Global Economy
www.bloomberg.com

Gains in consumer spending probably continued to drive the U.S. economic expansion at the end of 2013 as sales at non-auto retailers climbed during the holidays. Elsewhere, inflation in the U.K. probably held at a four-year low in December, Brazil's …

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Food prices fall globally, but keep rising in India
economictimes.indiatimes.com

NEW DELHI: When it comes to slower economic growth, the government never fails to point out the problems in the global economy but there seems to be little link between Indian and international food prices. Latest data released by the United Nation's …

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Inequality blurs global economic recovery
bulatlat.com

A tempered sense of euphoria, spurred by developments in the US economy (the world's largest, with gross domestic product at $16.245 trillion), qualifies the assessment that the global economy's growth would pick up in 2014 and “finally overcome its …

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Economist Wiedemer: US, Global Economy to See 'Very Slow' Growth
www.newsmax.com

Wiedemer, author of "Aftershock: Protect Yourself and Profit in the Next Global Meltdown," made his comments after the release of a federal jobs report Friday revealing that in December, employers added only 74,000 jobs, the slowest growth in three years.

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Nigeria among world's next economic powerhouses
mg.co.za

The Brics are Brazil, Russia, India and China – four emerging economies lumped together by Jim O'Neill, then of Goldman Sachs, in 2001 to show that western investors needed to take notice of what was happening in the post-cold war global economy.

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A new year of worries about the world economy
economictimes.indiatimes.com

As the year that saw the world's strongest economy brought to the precipice of a default comes to a close, many wonder if 2014 promises any more stability. Judging by most forecasts, including that of the International Monetary Fund, the global economy …

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NAFTA is falling short of its potential as a global economic bloc
www.theglobeandmail.com

Like a hockey player who looks great on paper but never quite lives up to his star billing on the ice, North America seems to be a perpetual disappointment as economic power blocs go. For all its manifest faults, the European Union has created a vast …

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