The Organization for Economic Cooperation and Development on Thursday said the combined economic output of members of the group of 20 largest economies—which account for 90% of global activity—increased by 0.8% in the three months to June, …

The World Economic Forum estimates that drought across the globe costs $6 billion to $8 billion annually from losses in agriculture and related industries. A study from the University of California, Davis, estimates the current California drought will …

THE GLOBAL economy is still very weak and markets should not get over-excited just because the UK is performing strong, Bank of England governor Mark Carney warned yesterday. British growth has taken off, and the Bank believes it will soon be strong …

TIANJIN, China – The global economy remains vulnerable to geopolitical shocks, stagnation gripping Europe, and the consequences of continued gradual slowdown in China. This was the consensus from a panel of prominent international economists who …

The global economy will see only modest growth this year, a Geneva-based UN agency said on Wednesday, calling for wage hikes to boost the demand and investment needed to move towards true recovery. Swiss unemployment rate rises in August (08 Sep …

Blanchard writes: “The problem is that we came to believe that this was indeed the way the world worked. These techniques (incorporated in the models), made sense only under a vision in which economic fluctuations were regular enough so that, by …

Deutsche Bank released a note that included a chart of major global economies in the first year of the common era. They're ranked by "economic power," which is measured in terms of economic output compared to the total world output. Unsurprisingly …

Explosive growth in Chinese consumer spending over the next decade will allow China to overtake the U.S. as the world's largest economy by 2024, according to a new report. While some may consider that a black eye for the U.S., which has held the title …

MOSCOW, September 10. /ITAR-TASS/. Anti-Russian sanctions are harmful for the global economy, Deputy Prime Minister Arkady Dvorkovich told American TV broadcaster CNBC, noting that not only Russia's economy, but those of the United States and …