Image: Shutterstock. “Accounting” may not be a word that gets many pulses racing. But what if I told you that a new kind of accounting — called natural capital accounting — could revolutionize the way the world's nations assess and value their economies?

Economists expected 2014 to be the year in which the global expansion stepped up a gear. Instead, nearly five years into its recovery from a deep recession, the rich world's economy still looks disappointingly weak. America's GDP grew at an annualized …

The economic picture was also mixed for the world's second-largest economy, China. HSBC/Markit's Flash China Manufacturing PMI rose to 49.7 in May from April's 48.1, reaching its highest since December and beating the median forecast of 48.1 in a …

"The euro area's economic recovery is bedding in, but inflation is well below the ECB's target and there is a risk that deflation could take hold across the region," Standard Chartered said in a research note. "This could elicit more expansionary policy.".

If the Federal Reserve screws up in exiting from its massive stimulus, the results could be very harmful for the global economy, warns OppenheimerFunds CEO Bill Glavin. The Fed has trimmed its bond purchases to $45 billion a month from $85 billion last …

TOKYO (Reuters) – Asian shares edged up to one-year highs on Friday as investors lapped up signs of improving momentum in the world's biggest economies, with Tokyo's Nikkei poised to score its first weekly gain in over a month thanks to a weaker yen.

The unevenness of the global recovery was thrown into sharp relief Thursday, when the 18 European nations that use the euro reported unexpectedly weak growth for the first three months of the year. A separate report showed that Japan's economy grew in …

Questions must be asked before competing in global economy. Economic isolationism may be a good policy for our society in the end. Globalization has been advertised as a desirable tool to advance societies from the beginning of recorded time; from …

If the Federal Reserve screws up in exiting from its massive stimulus, the results could be very harmful for the global economy, warns OppenheimerFunds CEO Bill Glavin. The Fed has trimmed its bond purchases to $45 billion a month from $85 billion last …