Dr. Rick C. Ernst
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Global Economy

Expect more turbulence in world markets
www.fm.co.za

For four-and-a-half years the global economy has had an extraordinary boost, that of quantitative easing (QE) by the US Federal Reserve (Fed). The Fed has been buying US$85bn worth of bonds a month, providing an artificial high to global markets, which …

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World Bank plans to limit financing of coal-fired power plants
www.gmanetwork.com

VALERIE VOLCOVICI, ReutersJune 27, 2013 9:43am. Washington — The World Bank plans to limit the financing it provides for coal-fired power plants to "rare circumstances" as part of the global financial body's efforts to address the impact of climate …

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Emerging Africa: How the global economy's 'last frontier' can prosper and matter
www.howwemadeitinafrica.com

The worldview dimension is a constant in the rise of every civilisation or economic power in history. Africa cannot escape the need to confront this depth of being and its translation into public policy and transformation. Thus, premature celebrations …

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Optimism on the Rise for Global Economy, US Back on Top
www.laboratoryequipment.com

The FDI Confidence Index, in its 13th edition since 1998, ranks countries on how political, economic and regulatory changes will affect FDI. Based on a survey of more than 300 executives from 28 countries, the report examines where global investment …

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Time for an Economy Of, By and For the People
www.globalresearch.ca

Indeed, a global minimum wage that is at least half the median income of a country and above its poverty level, would end poverty and provide a foundation for the global economy. In addition to raising wages, as there is certainly no wage inflation …

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How asteroid mining could add trillions to the world economy
theweek.com

When Planetary Resources was founded in 2012, its founders boldly claimed the company could "add trillions of dollars to the global GDP" and "create a new industry and a new definition of 'natural resources.'" While neither company has gotten off the …

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US economic recovery weaker than first thought – Commerce Department
www.guardian.co.uk

The economy has grown for 15 consecutive quarters, but the pace of those gains – about 2% – is among the weakest for recoveries since the second world war. In the fourth quarter of 2012, economic output expanded by only 0.4%. Personal consumption …

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GLOBAL ECONOMY-Taper tantrum conceals brightening growth picture
www.reuters.com

Sun Jun 23, 2013 2:00pm EDT. * Economies in Europe, Britain over the worst. * U.S. set to do better once fiscal drag fades. * Asia resilient in face of capital outflows. By Alan Wheatley, Global Economic Correspondent. LONDON, June 23 (Reuters …

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First Up for Australia's New Leader: The Economy
online.wsj.com

The newly installed prime minister is hoping to remind voters of his role in steering the country through the global financial crisis without any sharp downturn. But the approach risks damaging fragile consumer and business confidence, as Australia's …

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