Dr. Rick C. Ernst
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Global Economy

World Bank delivers record aid to poorest countries
www.gmanetwork.com

WASHINGTON – The World Bank said on Tuesday it had delivered record aid to the poorest countries in the past year, half of it to Africa, despite a difficult global economy. Commitments for the International Development Association (IDA), the Bank arm …

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Cyber crime costs world economy over $500 billion: Study
www.hindustantimes.com

Cyber crime costs the global economy between a whopping $100 billion and $500 billion annually, according to a first-of-its-kind report quantifying the economic impact of malicious cyber activity. The research by the security firm McAfee and the Center …

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GLOBAL MARKETS-World stocks rise on China economic signal, dollar falls
www.reuters.com

NEW YORK, July 23 (Reuters) – World stock markets rose to near five-year highs on Tuesday, boosted by views that China was moving to support its cooling economy, while the dollar fell to one-month lows. Major U.S. equity indexes were flat to slightly …

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Cyber-crime costs up to $500 billion to world economy
economictimes.indiatimes.com

WASHINGTON: Cybercrime costs the global economy between a whopping $100 billion and $500 billion annually, according to a first-of-its-kind report quantifying the economic impact of malicious cyber activity. The research by the security firm McAfee and …

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Global Markets: Stocks near 5-year high, yen gains on Japan elections
www.gmanetwork.com

NEW YORK – World stock prices rose to near five-year highs on Monday on growing investor optimism after Japanese Prime Minister Shinzo Abe strengthened his power base, adding weight to his plans to jumpstart the world's third-biggest economy.

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Brent Up On Hopes of an Improving Global Economy
www.benzinga.com

The Group of 20 nations met over the weekend to discuss how to move forward with a global economic recovery. The meeting centered largely around the group's initiative to crackdown on tax evasion. According to Financial Times, G20 leaders have …

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Philips chief executive expresses concern over global economy even as cost …
www.cityam.com

Dutch healthcare, lighting and consumer appliances group Philips has reported a tripling of second quarter net profits compared to a year ago thanks go cost saving and a jump in sales (release). Net profits were up to €317m compared to the €102m in the …

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Global poll: Many say China ultimately will become world's top economic force
www.ottawacitizen.com

A Chinese woman walks past a fashion boutique having a sale at a shopping mall in Beijing, China Monday, July 15, 2013. The United States is still viewed as the world's leading economic power in many countries, according to polls in 39 nations by the …

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Course cursor: Global economy
timesofindia.indiatimes.com

The Bachelor of International Economics (BIE) is a new four-year, full-time degree programme that has been introduced by the Vancouver School of Economics at the University of British Columbia (UBC), Canada, this year. BIE students will be taught the …

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