The global economy had another difficult year. The advanced economies' below-trend growth continued, with output rising at an average annual rate of about 1 per cent, while many emerging markets experienced a slowdown to below-trend 4.8 per cent …
THE International Monetary Fund will revise upwards this year's global growth forecast following improved economic conditions. Managing director Christine Lagarde said the fund will in three weeks release the new forecast which will be good news for …
Back in November I wrote about the current Chinese government's efforts to reign in the country's lavish official banquet culture, which cost the state about $48 billion per year and contributed heavily to national food waste of about $32 billion. In …
Following the international financial crisis of the late 2000s, the world's financial leaders have been working towards a standardized banking system that will strengthen banks at an individual level, and thus improve the banking sector's ability to …
The global economy in 2013 remained suspended between the poles of hope and uncertainty. While recovery gained momentum, particularly in some advanced economies, the world economy is not yet flying on all engines _ and is likely to remain …
A faster-than-expected expansion in the world economy contrasts with the outlook in October, when the IMF lowered its expectation for the pace of expansion for 2014. Investors also watched data showing that American companies added more workers than …
There are a few exceptions: After more than two decades, Japan's economy appears to be turning a corner under Prime Minister Shinzo Abe's government; but, with a legacy of deflation stretching back to the 1990s, it will be a long road back. And Germany …
In the brief period when the world's 20 largest economies were working closely together through the G20, they agreed to fix this problem: China would stimulate domestic demand; the US would work on fixing its trade balance. How has it worked out?
The global economy in 2013 remained suspended between the poles of hope and uncertainty. While recovery gained momentum, particularly in some advanced economies, the world economy is not yet flying on all engines – and is likely to remain …