William Dudley, president of the New York Fed, said policy makers may prolong their asset purchase programme should the world's largest economy fail to meet the Fed's forecasts, adding that “a rise in short-term rates is very likely to be a long way off”.

That is because almost certainly the most critical step taken to keep markets from cratering during the crisis and to help them recover thereafter — the decision to pump the global economy full of stimulus dollars — has yet to fully play out. We have …

Kirsh: I see the global economy in dire danger, and that's from one thing: the euro. The euro is a poison pill for Europe. It's putting everybody back on the gold standard. You see huge unemployment developing everywhere. Where does that lead? You'll …

Global markets fears China cash squeeze could damage economy. By Reuters | 25 Jun, 2013, 12.07PM IST. Post a Comment. 0. Share More. READ MORE ON » Wall Street | stocks | Hang Seng Index | Gold | ftse | European stocks | equities …

By 2017, China will achieve $22 billion in economic productivity only by reducing traffic congestion; about 10 million additional homes will be powered in India by reducing power thefts; about $10 billion will be saved in Japan in healthcare alone, and …

A 2012 World Bank report on South Africa, "Economic Update: Focus on Inequality of Opportunity" (PDF), says: "The top decile of the population accounts for 58 percent of the country's income, while the bottom decile accounts for 0.5 percent and the …

Global economic prospects remain weak, though downside risks have reduced thanks in part to significant policy actions taken in the US, euro area and Japan, and to the resilience of major developing and emerging market economies. Most financial markets …

WE ARE all aware that the global economy is still relatively stagnant, running below optimal gross domestic product (GDP) levels. Specifically, the Chinese economy is not only experiencing a slowdown in growth, but also a liquidity crunch, writes Sasha …

In this May 26, 2013 photo, Chinese job seekers visit a job fair in southwest China's Chongqing Municipality. According to a report released by The Associated Press in June 2013, the hiring process has become more intense globally because employers are …