Some of the world's leading economies are seeing a slowdown in growth – dragging down the global economy with them. But here in Asia, Cambodia – which goes to the polls on 28 July in a general election – is one country that has been defying the trend.
LONDON: The melting Arctic is now being called an "economic time bomb". Economic modelling shows methane emissions caused by shrinking sea ice from just one area of the Arctic could come with a global price tag of $60 trillion — the size of the world …
The sudden release from the melting Arctic of vast quantities of methane – a greenhouse gas at least 20 times more potent than carbon dioxide –is an “economic time-bomb” that could explode at a cost of $60 trillion (£40tr) to the global economy, a …
FRANKFURT, Germany (AP) — Chemicals and oil company BASF SE warned Thursday that it will find it more difficult to achieve its full-year profit target as it reported a 4.2 percent fall in second-quarter earnings due to weaker demand in an uneven …
The Global Call covers the main macroeconomic and policy news events affecting foreign-exchange, fixed income and equity markets around the world, as selected by editors in New York, London and Hong Kong. 1. WRAP: Economic data were mostly …
The United States is one of the most desirable places to do business; our $16 trillion economy, with its productive workforce and diverse consumer base, could not do what it does without domestic as well as foreign investment. Yesterday, I participated …
The cost to the world from melting Arctic ice is equal to almost a year of global economic output as releasing methane trapped in the frozen continent leads to extreme weather, flooding and droughts, scientists said. The methane emissions are an …
The IMF says the world's gross domestic product will grow 4 per cent in 2014, a nice increase from 3.3 per cent this year, but well shy of the growth that was produced before the financial crisis. Between 2004 and 2007, the global economy expanded an …
The release of methane from thawing permafrost beneath the East Siberian Sea, off northern Russia, alone comes with an average global price tag of $60 trillion in the absence of mitigating action — a figure comparable to the size of the world economy …