The World Bank predicts a positive outlook for the Maldivian economy in 2014 with a projected GDP growth of 4.5 percent, according to its annual global economic prospects report. Economic growth would be “driven by strong tourist arrivals, particularly …
The global economic system is near collapse, according to Pope Francis. An economy built on money-worship and war and scarred by yawning inequality and youth unemployment cannot survive, the 77-year-old Roman Catholic leader suggested in a newly …
In the future, successful economies will be those that observe the following guidelines: adapt and change; play to strengths; and position effectively, either by making themselves an attractive place in which to invest or creating an enabling …
Pope Francis has launched a scathing attack on the global economic system, warning it is near collapse because of a 'throwaway culture' of greed and the 'atrocity' of youth unemployment. The Roman Catholic leader openly blasted the 'idolatrous' economy …
Pope Francis launched a sweeping attack on the world's economic system in an interview released Friday, saying it discards the young, puts money ahead of people and survives on the profits of war. The 77-year-old leader of the world's 1.2 billion Roman…
It should be remembered that in the summer of 2008 oil's climb to a price north of $140 per barrel was a key element in the unleashing of the global economic crisis, from which a feeble recovery is still underway. The global economy is fragile and …
The global economic system is near collapse, according to Pope Francis. An economy built on money-worship and war and scarred by yawning inequality and youth unemployment cannot survive, the 77-year-old Roman Catholic leader suggested in a newly …
Still, the review points out a sharp correction in house prices could be sparked by a global economic shock that would lead to higher unemployment and hamper households in servicing their debts. Such shocks could be imported from a major financial …
Such is the reality for tens of millions of workers at the bottom of the global economy's supply chains. Most individuals are exploited in brutal working conditions and paid paltry wages. In the worst cases, the workers are exploited in conditions of …