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Global Economy

Global economy's new headwind: Gray hair
www.cnbc.com

With the number of "super-aged" societies set to quadruple by 2020, the smaller workforces and lower household savings that come with gray hair are likely to weigh heavily on global economic growth, analysts said. "The demographic dividend that drove …

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Finland to Seek Compensation If Russia Sanctions Hit Economy
www.industryweek.com

ESPOO, Finland — Finland will seek compensation from the EU if last week's sanctions on Russia lead to an economic crisis in the country, Finnish Prime Minister Alexander Stubb said Wednesday. "It is without doubt clear that if sanctions hit Finland …

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US Companies to Invest $14 Billion in Africa
www.industryweek.com

US officials especially want to win a large chunk of the business of electrifying Africa, building power generation plants and distribution facilities that will further enhance economic growth. Washington also wants to ensure that U.S. businesses get a …

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Caterpillar transportation supplier loses tax break, cites global economy woes
www.victoriaadvocate.com

Victoria's first Caterpillar-related business to lose its tax break says the global economy is to blame. Keen Transport Inc. has not met the employee minimum for the seven-year tax break valued at $2.9 million Victoria City Council approved in 2012.

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US regulator says big banks still threaten world economy
www.thetimes.co.uk

Some of the world's biggest banks remain a risk to the global economy if they should fail, US regulators have warned. The Federal Reserve and Federal Deposit Insurance Corporation named 11 banks which, it said, have unrealistic contingency plans in the …

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Global news won't deter economy
www.timesunion.com

The world feels especially scary lately. There has been mayhem in the Middle East, Russia seems on the verge of becoming a rogue state, violence in Central America is driving children to make the harrowing trek to the U.S. border, and much of Asia is …

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'WTO failure to cost global economy USD 820 billion'
www.business-standard.com

Milliner also said that as per the OECD estimates, implementation of all measures currently being negotiated in the World Trade Organization's Doha Development Round would reduce total trade costs by 10 per cent in advanced economies and by about 15 …

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Global PMI Indicates A Strong Economy
www.investing.com

Global PMI data released over the last week continues to show a strong global economy. In the manufacturing survey, the US took over from the UK as the country with the highest manufacturers' sentiment. It was also positive that China's survey stayed …

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Global economy one shock away from another crisis
www.telegraph.co.uk

Mr Gabay drew parallels between China today and America in 2006, when a number of households began to default on their sub-prime mortgages but authorities played down the potential impact on the rest of the global economy.

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