THE global economy is no more stable now than it was six years ago before it was plunged into the worst financial crisis and global recession since the Second World War, general secretary of the International Trade Union Confederation (ITUC) Sharan …
ECB's Draghi: U.S. shutdown threatens global economy (5:38). Oct. 2 – ECB President Mario Draghi says a protracted shutdown of the U.S. government poses a risk to the global economic recovery. Twitter; Email …
"At the present time the impression one has is that it will not be so, but if it were to be protracted it's a risk to the US and the world economy we have to have this present in our minds." Around 800,000 workers were told to stay at home on Monday …
NOT OPEN FOR BUSINESS. In this photo, a stop sign is seen next to the US Congress building in Washington DC, September 30, 2013. AFP/Mladen Antonov. LONDON, United Kingdom – The United States' federal government shutdown could endanger the …
But it graphically illustrates how political stalemate in the capital of the free world potentially endangers the fragile recovery of the global economy. At the heart of the dispute is the refusal of the Republican House of Representatives to approve a …
NOT OPEN FOR BUSINESS. In this photo, a stop sign is seen next to the US Congress building in Washington DC, September 30, 2013. AFP/Mladen Antonov. LONDON, United Kingdom – The United States' federal government shutdown could endanger the …
China's struggle adds to a complicated global economic environment for policy makers and investors. The U.S. government began a partial shutdown on Tuesday for the first time in 17 years after lawmakers could not break a political stalemate over spending.
LONDON, Sept 29 (Reuters) – Yet another budget showdown in Washington and yet another government crisis in Italy herald more turbulence for a global economy growing well below trend. On top of these recurrent pitfalls, banks and households in Europe …
If the shutdown is short-lived, probably very little; if it is prolonged, then the uptick in sterling could continue, and a stronger pound is the last thing George Osborne wants as he tries to rebalance the economy towards exports, so that Britain can …