Dr. Rick C. Ernst
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Global Economy

Asian Markets Extend Gains Ahead of Holiday
abcnews.go.com

Stock markets enjoyed a strong run over the past few days as investors cheered data showing that the U.S. economic recovery is gaining strength. Positive economic figures on the world's largest economy helped ease concerns about the impact on emerging …

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Focus on Fed is measure of global economic weakness
bismarcktribune.com

The Federal Reserve's policy-making Open-Market Committee met last week and, as many expected, decided to reduce its large monthly purchases of bonds. It pays for these bonds by creating new bank reserves that, in turn, increase the money supply and …

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Microfinance's macro potential
www.thedailystar.net

In order to provide a more balanced perspective on the microfinance industry compared to other kinds of financial-services providers, MFIs need to do more to measure and explain their social and economic value. The good news is that industry bodies, …

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Can Janet Yellen Save the Economy?
www.thetrumpet.com

The global financial system and economy is poised to implode, warns well-known investor Jim Rogers. “We in the West have staggering debts. The U.S. is the largest debtor nation in the history of the world” (cbc, December 3). The artificial “stimulus …

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A Testament To Economic Resilience: World Trade And Output Both Reached …
seekingalpha.com

The CPB Netherlands Bureau for Economic Policy Analysis released its monthly report last week on world trade and world industrial production for the month of October 2013. Here are some of the highlights of that report: 1. World merchandise trade …

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Global Markets: Equities up, aided by US manufacturing data; dollar higher
www.gmanetwork.com

NEW YORK – U.S. shares edged higher into record territory on Tuesday, backed by stronger-than-expected manufacturing data that in turn spurred U.S. Treasury yields to 2-1/2 year highs on a belief the economy is on a sustained path of recovery.

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Russia Files First WTO Complaint Against EU
www.industryweek.com

MOSCOW — Russia has accused the European Union of violating global free trade measures in its first complaint before the World Trade Organization, the economy ministry said today. The procedure has to do with "a violation by the EU of anti-dumping …

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Africa: Global Economy Is Improving, but Remains Vulnerable to New and Old …
allafrica.com

New York — Global economic growth should increase over the next two years with continuing signs of improvement, according to the United Nations World Economic Situation and Prospects 2014 (WESP) report, launched this week. The global economy is …

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Jewish Philanthropist, Seagram Exec Edgar Bronfman Dies
www.industryweek.com

NEW YORK — Edgar Bronfman Sr., the former Seagram liquor company executive and ex-World Jewish Congress head who helped obtain restitution for Holocaust victims from Swiss banks, has died, the family foundation said. The 84-year-old, a recipient of …

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