Dr. Rick C. Ernst
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Global Economy

GLOBAL ECONOMY-China, Asian factory growth gathers pace; Europe falters
www.reuters.com

A reading above 50 separates growth from contraction. While the China PMI suggests Beijing's stimulus measures were gaining traction in the world's second largest economy, the lull in euro zone factories and firms' inability to increase prices …

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MORNING MEETING: Stuttering global economy hit by Russian sanctions
www.express.co.uk

A growing list of UK firms have been left counting the cost of sterling's strength against major currencies, while across the Pond the consequences of the removal of the financial punchbowl aiding the recovery of the world's biggest economy have been …

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Argentine Debt Ruling Could Damage Global Economy
www.progressive.org

Argentina has been pushed into a crisis that reveals the might of global debt holders. “The hedge fund firm of billionaire Paul E. Singer has about 300 employees, yet it has managed to force Argentina, a nation of 41 million people, into a position …

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IMF urges China to slow economic growth to boost financial stability
www.abc.net.au

The IMF praised the government's recent reform blueprint, but wants further action to ensure China's economy does not pose dangers to the rest of the world. It is calling for reforms including further strengthening regulation and supervision, the …

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WTO fails to reach an agreement on $1 trillion customs deal as India remains …
economictimes.indiatimes.com

NEW DELHI/GENEVA: The World Trade Organization failed on Thursday to reach a deal to standardise customs rules, which would have been the first global trade reform in two decades but was blocked by India's demands for concessions on agricultural …

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Religious freedom and global economy
jamaica-gleaner.com

Religious freedom is one of only three factors significantly associated with global economic growth, according to a new study by researchers at Georgetown University and Brigham Young University. The study looked at GDP growth for 173 countries in 2011 …

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Ellen MacArthur: making waves on a journey to a regenerative circular economy
euronews.com

Our global economy is entirely dependent on finite resources.” Because of this realisation, in 2010, Ellen MacArthur set up the Ellen MacArthur Foundation. Her goal is to hasten a transition from our current linear economic model based on what can be …

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Midday Update: Stocks Broadsided by Interest Rate Jitters, Global Economic …
www.nasdaq.com

In Europe, equities are sharply lower as well as geo-political worries take center stage, magnified by record loss for Portugal's Banco Espirito Santo, disappointing inflation indicators and warnings from a member of the Bank of England that global …

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EU Formally Adopts Russia Sanctions
www.industryweek.com

BRUSSELS — The European Union formally adopted broad economic sanctions against Russia on Thursday, hoping they will force Moscow to reverse course on the Ukraine crisis. They were published in the EU's Official Journal late in the day, meaning that …

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