Dr. Rick C. Ernst
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Global Economy

Swiss franc steady as global economy brightens
economictimes.indiatimes.com

"The global economy appears to be improving, and if euroland pulls further out of recession this should become an environment where demand for the Swiss franc starts to weaken." The franc was steady against the dollar compared to the New York close, …

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US growth and jobs figures point to continuing economic breakdown
www.wsws.org

The fact that the US economy is able to achieve a growth rate just one sixth of the post-World War II average indicates that deep structural changes have taken place within the American economy and anything approaching previous growth rates will not be …

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The “New Economy” Is The No Jobs Economy
www.globalresearch.ca

One of my most popular columns was about escaping from the Matrix existence in which Americans live. It is a world of disinformation and misinformation in which facts are fiction, and abstract theories are substituted for empirical reality. Official …

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GLOBAL ECONOMY-British business booms in July, US services recover
www.reuters.com

For the U.S. Federal Reserve, the rebound in the Institute for Supply Management's services index last month bolsters the central bank's case that the economy will strengthen in the second half of the year. A surge in new orders helped the index hit 56 …

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GLOBAL ECONOMY-Britain leads Europe's improving economy in July
www.reuters.com

But it was the boom among businesses in the UK, the world's seventh biggest economy, that was most eye-catching. "It's another storming PMI," said Victoria Clarke, economist at Investec. The Markit/CIPS services PMI leapt to 60.2 in July from 56.9 in …

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Stephen King's latest horror tale: The future of the global economy
www.washingtonpost.com

Stephen D. King may not be the author of “The Shining” or “Carrie,” but that doesn't mean his new book doesn't offer a vision of a world with more, er, Misery. King, the chief economist of HSBC, argues in “When the Money Runs Out: The End of Western …

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GLOBAL CALL: Our Take on the Day's Economic and Market News
online.wsj.com

In absolute terms it is still expected that Asian growth will outstrip the debt-laden economies of Europe, but the speed with which the tables are being turned is surprising to all and is already forcing investors to rethink their global asset …

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RPT-GLOBAL ECONOMY-Cross currents to slow but not halt Chinese growth
www.reuters.com

By Alan Wheatley, Global Economics Correspondent. LONDON, Aug 4 (Reuters) – China's monthly data deluge is likely to confirm that the world's second-largest economy is still moving down through the gears but is not about to come to a screeching halt.

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'Global economy prospects downgraded'
www.business-standard.com

World economy was predicted to grow by 3.1 percent this year as prospects for the global economy have worsened since early May, according to a forecast of the London-based National Institute for Economic and Social Research (NIESR). Dawn Holland …

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