“Dr Copper” is in town. And he has given the global economy a clean bill of health. The mood at LME Week, which sees as many as 10,000 miners, smelters and traders descend on London, offers an unrivalled barometer of the state of the global economy: …
Bigger risks to the global economy have been overlooked in recent weeks amid intense focus on U.S. politics, U.K. based research house Capital Economics warned. With the U.S. government shutdown set to enter its tenth day Thursday, speculation about …
The global economy is now expected to grow 2.9 percent this year and 3.6 percent next year – as long as no new catastrophic shocks disrupt the economy. But there could be just such a shock if the United States fails to raise its legally prescribed debt …
The new oil equation combines multiple factors that span the globe, and most promise to be more permanent than the lacklustre performance of the global economy, which no doubt has suppressed energy demand. On the supply side, more oil production in …
A U.S. debt default in the event that a politically divided Congress fails to raise the federal borrowing limit would imperil the entire global economic recovery, a senior International Monetary Fund official warned Wednesday. But Jose Vinals, the IMF …
A failure by Congress to raise the nation's borrowing limit "could severely damage the global economy," the International Monetary Fund said Tuesday as it trimmed its global economic forecast due to slowing growth in emerging markets. If Congress doesn …
A senior Chinese official has warned that the "clock is ticking" to avoid a US default that could hurt China's interests and the global economy. China, the US's largest creditor, is "naturally concerned about developments in the US fiscal cliff", vice …
With the US government shutdown and political deadlock at the US Congress threatening a global economic fallout, IMF Managing Director Christine Lagarde said that countries will need to adopt strong national policies and work together even more closely …
… Monday as investors feared the stalling budget talks in Washington over the Patient Protection and Affordable Care Act, popularly known as Obamacare, will destroy the country's international credibility and plunge the global economy into another …