Dr. Rick C. Ernst
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Global Economy

The global economy sinks under its debts as the real cost of energy rises
www.cityam.com

ALTHOUGH the economy is improving, this is turning out to be “a recovery, but not as we know it”. Britain may be getting better off, but people keep getting poorer, as the costs of essentials continue to grow much more rapidly than incomes. Yet far …

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Terminal Velocity (26) “My Friend, I'll Say It Clear”
econintersect.com

The dissonance created ripples in capital markets; which became waves of much larger amplitude in the real economy. Terminal Velocity “The Final Curtain” suggested that these destructive waves would lead to the permanent creation of a new wave of …

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Women gain as gender gap 'narrows'
www.bbc.co.uk

The gap between men and women has narrowed slightly in the past year in most countries, according to a World Economic Forum (WEF) report. Iceland, Finland and Norway top the list of 136 nations, based on political participation, economic equality and …

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Saudi's Sabic Sees Small Lift in 2014 Earnings on Global Economy Bounce
online.wsj.com

RIYADH (Zawya Dow Jones)–Saudi Basic Industries Corp. (2010.SA) expects a "slight improvement" in earnings next year as the global economy continues to recover from a prolonged downturn, executives at the petrochemical giant said on Sunday.

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Global Economy: No Halloween horrors in store from the Fed
www.reuters.com

When he was chief economist at the Bank for International Settlements, Bill White issued a series of prescient pre-crisis warnings of bubbles and imbalances that were building up in the global economy. He was politely ignored. White worries that policy …

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IMF: global economy will be 'seriously damaged' if US fails to raise debt ceiling
www.telegraph.co.uk

The global economy will be "seriously damaged" if US politicians fail to cut a deal to raise the US debt ceiling, the International Monetary Fund warned on Tuesday, as Republicans and Democrats showed no signs of resolving their differences in Washington.

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Indonesia Q3 FDI expands at slower pace; global economy blamed
www.thestar.com.my

Last year, FDI hit a record of more than $20 billion and helped shield the economy from weaker commodity demand and a global economic slowdown. Indonesia's FDI data, which shows what companies plan to invest rather than actual spending, excludes …

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McDonald's warns on global economy
www.ft.com

McDonald's warned that the weak global economic environment would put pressure on its performance as it reported a 4.6 per cent rise in third-quarter earnings. “In the fourth quarter, tight macroeconomic and competitive pressures are not expected to …

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GLOBAL ECONOMY-PMIs show euro zone growth sluggish, China picking up
www.reuters.com

Global recovery remains fragile. * Euro zone growth pace eases. * Chinese manufacturing at 7-month high. * U.S. factories expected to show weaker growth. By Jonathan Cable. LONDON, Oct 24 (Reuters) – The euro zone economy is only expanding slowly, …

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