The economic argument against taking action on climate change — i.e., “It's just too expensive!” — is fast becoming passé, with a World Bank report this month noting that policies to cut carbon pollution might actually boost the global economy by up …
Ultra low interest rates and the failure of policy to "lean against" the build-up of financial imbalances are in danger of making the global economy permanently unstable, the Bank for International Settlements has warned. In its annual report, the …
If governments fail to make the necessary policy adjustments to ward off similar crises and crashes, 'the global economy may be set on an unsustainable path,' the report said, warning that 'at some point, the current open global trade and financial …
Asian share markets edged cautiously higher on Monday while the dollar stayed under pressure ahead of packed week of economic data that will test investor hopes for a pick up in the U.S., and global, economy. MSCI's broadest index of Asia-Pacific …
An exceptionally bitter winter, the expiration of long-term unemployment benefits and a marked slowdown in restocking by businesses combined to drag down the world's largest economy, but these factors should have faded by April. Monthly jobs data …
There is an eerie stability in global financial markets. Given the fragile state of key parts of the global economy, this is both reassuring and puzzling. Perhaps markets are rationally looking many decades into the future at the benefits of successful …
A consortium of the world's central banks has concluded that rising global corporate stock values are at odds with a world economy that is still not fully recovered from the depths of the downturn of six years ago. In its annual report, the Swiss-based …
BRUSSELS—Buoyant financial markets are out of sync with the shaky global economic and geopolitical outlook, the Bank for International Settlementssaid in its annual report published Sunday. The warning from the BIS, a consortium of the world's top …
Oil; black gold. Oil is the global economy's lifeblood. Without it, the global economy would probably return to the 17th century or worse. Oil demand just keeps going up. It is a constant battle to find new sources and keep what resources there are …