In the movie “Groundhog Day,” a television weatherman, played by Bill Murray, awakes every morning at 6:00 to relive the same day. A similar sense of déjà vu has pervaded economic forecasting since the global economic crisis began a half-decade ago.
(Repeats item that first ran on Sunday). By John O'Donnell. FRANKFURT Aug 10 (Reuters) – Investors will gauge the strength of the euro zone's fragile economy this week as escalating conflicts in Ukraine and Iraq darken the mood globally. In stark …
Central bankers gathering here this week confront a global economy that has once again disappointed, leaving them reluctant in some places and unable in others to turn off spigots of easy money employed since 2008 to boost growth. Federal Reserve …
"The unprecedented pace of aging will have a significant negative effect on economic growth over the next two decades across all regions." They cite Conference Board estimates that rapid aging will knock nearly one percentage point off global growth …
China's economy is slowing. The euro zone's is a flat line. Japan's sank in the second quarter. Britain has wage deflation. The U.S. economy is ticking over at best. In a world preoccupied by geopolitical crises – from Ukraine, Iraq and Gaza to the …
Such strong unity of purpose and careful listening beyond one's borders was only last seen in the years right after World War II, when a system of global economic governance was set up under American leadership. As other nations have caught up with the …
Speaking at a global central banking conference in Jackson Hole, Wyoming, Draghi said he is confident that the steps already announced, helped by a weaker euro, would boost demand in the ailing economic bloc. But in stronger language than he has used …
Manufacturing activity slowed in the euro area and China as rising political tensions threaten to weaken trade and damp the outlook for the global economy. A preliminary Purchasing Managers Index for the manufacturing industry in the euro area fell to …
… to surrender their economic sovereignty and how capitulation to the US project in the Ukraine will lead to their long-term decline and decay. Finally, we will discuss the long-term perspectives for a re-aligned world economy where military …