The Bank for International Settlements' (BIS) annual report painted a gloomy picture of the prospects for the global economy. Despite some encouraging signs, the report says the global economy continues to struggle with investment remaining weak and …
The shooting-down of a Malaysia Airlines jet on Thursday in Ukraine has added another volatile element to the economic sanctions the West has imposed on Russia for several months now in hopes of ending an insurgency by pro-Russian separatists in …
This means that adults in other countries are more skilled in these key areas. While populations in other countries gaining skill sets is reason to celebrate, our own country lagging behind is cause for concern. If we wish to be competitive in a global …
Given the slowdown or even stagnation of the developed economies, great hopes are placed on the BRICS countries. How could the BRICS countries overcome their diversity to become the engine of the global economy? Over the past five years, BRICS has …
The shipping container might seem an unlikely candidate for the most influential invention of the 20th century, but it has arguably had a bigger impact than the aeroplane or the microchip. Keri Phillips tracks the history of an idea that has …
Manufacturers remained positive (65%) about the U.S. economy's prospects for the next 12 months, the PwC survey found, though that figure dipped 6 points from the last quarter. But industrial leaders were much less positive about the world economy.
West Texas Intermediate rose to a four-day high after U.S. crude stockpiles fell as refiners in the world's biggest oil consumer boosted processing to the highest level since 2005. Brent advanced in London. Futures increased as much as 1.5 percent in …
OTTAWA — Bank of Canada governor Stephen Poloz says the economy is still not strong enough to stand on its own and will likely need the boost from super-low interest rates for longer than he thought even three months ago. The central banker said at a …
In another sign of the shifting balance of power in the world economy, emerging market powers Brazil, Russia, India, China and South Africa are launching a $100 billion development bank to challenge the U.S.-dominated World Bank and help finance $4.5 …