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Global Economy

India Ups Foreign Investment in Defense and Railway
www.industryweek.com

NEW DELHI — As new Prime Minister Narendra Modi's administration moves to reform and revive the ailing economy, India's cabinet approved plans to open its defense and railways industries to foreign investment. The Cabinet agreed late Wednesday to …

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China's Trade Surplus Rockets to Record $47.3 Billion
www.industryweek.com

BEIJING — China's monthly trade surplus leaped to a record $47.3 billion in July, nearly tripling year-on-year, official data showed Friday, as the world's second-largest economy saw export growth accelerate while imports surprisingly shrank.

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JPMorgan: Global economy might pivot to above trend growth in 3Q
www.thecorner.eu

MADRID | The Corner | JPMorgan's economic outlook forecasts that global growth is taking hold around midyear and as a rebound from weakness the US and Japan is reinforcing a more modest acceleration in the Euro area and emerging Asia. If JPMorgan …

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Debating Russia: Impact of sanctions exchange on global economy
voiceofrussia.com

Prominent voices within the EU have raised concerns about the impact western sanctions will have on local businesses. VoR's Andrew Korybko, standing in for Peter Lavelle, discusses the effect sanctions from both sides will have on global economies.

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Raghuram Rajan warns of another global financial crisis
www.thehindu.com

Reserve Bank of India Governor Raghuram Rajan has warned that the world economy could be heading towards a crash much like the Great Depression of the 1930s as advanced countries in a bid to pull out of the global downturn are working at cross …

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Stronger Global Economic Growth Expected Despite Risks, Says BNY Mellon's …
www.marketwatch.com

NEW YORK and LONDON, Aug. 8, 2014 /PRNewswire/ — Despite geopolitical turmoil and global economic uncertainties, both the global and U.S. economy appear to be at an inflection point in mid-2014 to a somewhat stronger growth rate despite risks, …

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This is either an incredibly good, or bad, sign for the global economy
qz.com

China's trade surplus surged to a record high $47.3 billion in July, topping the previous peak set in November 2008. On the one hand this is good news; it suggests that the global economic system that has driven growth for the last decade is making a …

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Market selloff belies a robust global economy
www.cnbc.com

The flare-up in geopolitical tensions in recent weeks may have shaken investor sentiment, but markets can take comfort in the state of the global economy, which seems to be showing increasing signs of strength. On Friday, China, reported an impressive …

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How US Dollar Destruction Threatens the Global Economy
www.marketoracle.co.uk

Just this morning the Wall Street Journal noted that “Reserve Bank of India Governor Raghuram Rajan warned Wednesday that the global economy bears an increasing resemblance to its condition in the 1930s, with advanced economies trying to pull out of …

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