Besides the obvious domestic effects, the shutdown — along with the impending crisis over the debt ceiling due in mid-October — could also cause serious collateral damage to America's global economic standing. In fact, it already has. The …

UNITED NATIONS, Oct. 10 (Xinhua) — China on Thursday called on the international community as well as the United Nations to improve global economic governance, so as to promote the growth and prosperity of the world economy. "Only by achieving …

Global economy has some good news as the European economy is picking up steam, but on the other hand, "we are still very concerned" about the fragile recovery of the global economy against the backdrop of the US fiscal impasse, Indrawati said.

LONDON, Oct 10 (Reuters) – Base metals are back in favour with commodity managers after a long period in the dog house, reflecting a new enthusiasm for growth-oriented assets as the global economy picks up. "The key economic regions of the world have …

NEW YORK Oct 10 (Reuters) – A prolonged U.S. debt standoff could hurt the global economy, European Central Bank President Mario Draghi said on Thursday. The rest of the world believes the United States will resolve a deadlock that has left the federal …

In the face of the worst financial crisis since the Great Depression, the leaders promised not to repeat that era's descent into economic isolationism, proclaiming their commitment to an open global economy and the rejection of protectionism. They …

IMAGINE discovering a one-shot boost for the world's economy. It would revitalise firms, increasing sales and productivity. It would ease access to credit and it would increase the range and quality of goods in the shops while keeping their prices low.

"Obviously, we know, and you know by now, that failure to raise the debt ceiling would cause not only serious damage to the U.S. economy but also to the global economy as a result of the spillover effects," Lagarde said. "It is not helping the U.S …

"Global growth is still weak, its underlying dynamics are changing, and the risks to the forecast remain to the downside," the IMF warned in its World Economic Outlook, a twice-yearly assessment of the health of the global economy. Against that …