Dr. Rick C. Ernst
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Global Economy

The Fortune Global 500 Shows China's Economic Growth And Apple's Momentum
www.benzinga.com

"The list is a snapshot that really reflects the changes in the Chinese economy. Not only the domestic Chinese economy, but increasingly as China goes out in the world, you're see many more of their companies derive revenue from sources outside of the …

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German Industrial Output Down in May
www.industryweek.com

BERLIN — German industrial output fell one percent in May from activity a month earlier, largely due to a drop in the construction sector, initial data from the economy ministry showed on Monday. The figures, which came on the same day as a fall in …

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IMF to cut forecasts as emerging champions wobble
www.bdlive.co.za

The IMF's latest move follows a recent World Bank Global Economic Prospects report suggesting the growth rates of Brics members have long been overstated. It says the worsening of their inflation and current account balances shows they have been unable …

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Global Economy Stagnates to 2008 Levels: Citigroup
www.valuewalk.com

In a recent report Citigroup Inc. (NYSE:C) published research on Post-Crisis World Economy which draws on some of their past research to conduct a rapid-fire tour of some key issues facing the global economy. They are particularly interested in …

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ECONOMIC WEEK AHEAD: Factory data for May to be more realistic
www.bdlive.co.za

The International Monetary Fund (IMF) may this week trim its 3.3% forecast for global growth this year, IMF head Christine Lagarde said at the weekend. The IMF will release its World Economic Outlook update tomorrow. A lower global economic growth …

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Boost for Osborne and the treasury as IMF says UK economy is in better shape …
www.dailymail.co.uk

The Washington-based watchdog is expected to lift its growth forecasts for this year from 0.7 per cent to around 1 per cent when it publishes its latest outlook for the global economy tomorrow. Such a move will be seen as a victory for the Treasury …

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Global trust deficit and its repercussions
www.chinadaily.com.cn

But, although developing countries now account for more than half of global GDP growth, advanced countries have yet to admit them to leadership roles that reflect their growing influence in the world economy. The failure so far of the United States …

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RPT-GLOBAL ECONOMY-No escaping the Fed
www.reuters.com

By contrast, China, the world's second-largest economy, is likely to report sluggish exports and imports with deflation entrenched at the wholesale level – a tell-tale sign of overcapacity plaguing many industries, including shipping. On Friday, China …

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Lagarde hints at cut in IMF growth forecasts
www.gmanetwork.com

AIX-EN-PROVENCE – IMF chief Christine Lagarde on Sunday signaled Sunday that her organization would be lowering slightly its global economic growth forecasts, which are set to released in the next few days. Lagarde noted that the International Monetary …

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