The Global Tourism Economy Forum 2013 brought government officials and tourism experts from around the world to Macau, with a total of 1,000 participants. But as the event resumed yesterday, the Chairman of China's Chamber of Tourism, Wang Ping, …
“What happens elsewhere in the world—be it the success of recovery in Europe or the continued smooth functioning of supply chains in Asia—matters increasingly for the United States,” Lagarde said. “The converse is also true. What happens here matters …
This is killing European economies. Electricity costs in Europe are more than double the cost of electricity in the U.S. High electricity costs make it difficult for businesses to operate if they need a lot of electricity. Their cost of electricity is …
Good afternoon. I would like to thank the Chamber and, in particular, Tom Donohue, for hosting me today. It is easy to be impressed by Tom's time at the helm of the Chamber and his steady hand guiding your members through the crisis. Even more …
Q: Will emerging markets bring down the world economy? A: Less-developed nations were once the wind behind the global economy's sails. Now they're the anchor. Stock markets in large emerging nations, including Brazil and Turkey, are down more than …
The Federal Reserve's decision to keep up its stimulus program bolstered the view that a strengthening U.S. economy will drive world growth forward in the coming months. The Fed's decision on Wednesday to hold back on cutting its purchases of $85 …
SOUTH AFRICA ranks an unchanged 88th out of 152 nations and territories in the latest world economic freedom report released on Wednesday by the Free Market Foundation. Top of the heap are Hong Kong, Singapore, New Zealand, Switzerland, the …
"Uncertainty remains over whether advanced economies, mainly the United States, can take up the slack from slowing growth in emerging nations and offer sufficient support to the global economy." Some major emerging markets have been under pressure in …
On a day all about whether the U.S. economy is still weak in the knees, signs of achiness and fatigue appeared in comments made this morning by FedEx. While FedEx beat Wall Street profit expectations for its fiscal-first quarter, billionaire CEO Fred …