Dr. Rick C. Ernst
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Global Economy

Two charts that show the world's economy is thriving
www.businessspectator.com.au

The world's policy makers will have a lot to discuss when they gather this weekend for the Jackson Hole Conference. The Theme is “Re-evaluating Labour Market Dynamics”, and while that sounds extremely exciting, I think one of the key discussions they …

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The Real Middle East Crisis Is Economic
www.nytimes.com

WASHINGTON — President Obama surprised many recently when he diagnosed the crisis gripping Iraq as partly an economic one, noting that Iraqi Sunnis were “detached from the global economy” and thus frustrated in achieving their aspirations.

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Iceland's last giant volcanic eruption cost the global economy $5bn. Is that …
qz.com

Dave McGarvie, volcanology professor at the Open University, says that the seismic clusters are far enough away from the heart of the main volcano that it seems unlikely to set off the kind of explosion capable of disrupting global air travel. However …

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Chuka Umunna: How Britain can win in the new global economy
www.standard.co.uk

Technologies such as these are behind the winds of change now blowing through the global economy. The economist Joseph Schumpeter talked of “creative destruction” — where innovation destroys old processes and creates new ones — driving this …

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Soaring shipping measure signals improving health of global economy
www.theguardian.com

A measure of global trade has soared over the past fortnight, signalling a possible return to health of the world economy. The Baltic Dry daily index of shipping costs has jumped by more than 40% in a month, soaring to 1,042 since it hit a post crash …

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Declining FDI into China Not Linked to Foreign Company Probes, Officials Say
www.industryweek.com

Change Management · Companies & Executives · Corporate Culture · Corporate Responsibility · Growth Strategies · Strategic Planning & Execution · Global Economy · Competitiveness · Demographics · Emerging Markets · Environment · Legislation · Public …

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Canada Finance Minister Warns of Threats to Global Economy
www.nasdaq.com

OTTAWA–Canadian Finance Minister Joe Oliver said Monday the global economy faces formidable headwinds, from troubling trends in China to the flareup of geopolitical risks, that are weighing on export growth and business confidence. According to …

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Dreaming of a World Made in India
www.industryweek.com

NEW DELHI – Prime Minister Narendra Modi Friday said a "digital India" could compete with the world and hailed its IT professionals for banishing the country's image as a land of snake charmers and black magic. In an Independence Day speech, Modi said …

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Global economy, not war with Hamas, hits Israeli IT
www.timesofisrael.com

The Gaza war has hit most of Israel's vital tech industry to one extent or another, according to a study — but the worst part is, it comes on top of a general economic slowdown that was already showing its effects on the sector. A poll of 100 of the …

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